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$197,000

NAL Estimated Property Value

2625 Washington St, Commerce, TX, 75428

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,761 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$0.91 / sqft
Year BuiltBuilt in 1968

Property Lead Type:

Off-Market ListAbsentee OwnerHigh EquityCash BuyersVacant HomesMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal
FlooringCarpet, Laminate

Exterior

Lot Size10,498 sqft

Building Information

Year Built1968
Stories1
Roof Type105
Garage Spaces2

Land Information

APN2590-0030-0140-31
Lot Number14
SubdivisionCowan H O Subdivision #1
Land UseResidential
Legal DescriptionS2590 COWAN H O SUBDIVISION #1 BLK 3 LOT 14 ACRES .241
Census Tract960600
Assessed Land Value$43,370
Assessed Improvement Value$130,724
Assessment Year2025

About this property

If you are looking for a great rental property in the heart of Commerce, look no farther! This 3 bed 2 bath home will be move-in ready on April 1st. Updates throughout include flooring, kitchen, appliances, and more! Sitting on an oversized corner lot just minutes from all Commerce ISD schools, the University and all that Commerce has to offer. Current tenant is moving out March 20th and the home will be ready for showings shortly after, accepting applications now! PLEASE NOTE: THE PICTURES ARE FROM BEFORE THE CURRENT TENANT MOVED IN, HOME IS CURRENTLY OCCUPIED. KITCHEN HAS BEEN UPDATED SINCE PICTURES WERE TAKEN.

Investor Tools

Property Icon
$197,000
Estimated Property Value
$0Estimated Mortgage Balance
$197,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,182 /month
Positive
Cash Flow Estimate:
$394 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$451/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,424
$174,094
2025
$43,370
$130,724
$174,094
No

Tax History

Year
Tax Paid
Assessed Value
2024
$4,424
$174,094

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$185,000
100%
0%
$0/mo

Learn About the Market: Opportunity in Texas

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Explore

Texas

Living in Texas means access to four of the nation’s most dynamic metro economies — Dallas–Fort Worth’s corporate and logistics powerhouse, Houston’s global energy and medical hub, Austin’s tech-driven and culturally iconic Live Music Capital of the World, and San Antonio’s historic yet steadily expanding military and healthcare center. The state blends economic scale with cultural significance, rooted in independence, entrepreneurship, and a strong sense of place — from Friday night football to world-renowned barbecue and music festivals. For homebuyers, Texas offers comparatively attainable housing, no personal income tax, and master-planned communities built around space and convenience; for investors, continued population growth, business relocation, and diversified industries create sustained demand across urban cores, suburbs, and emerging secondary markets.

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Population Growth

Population Growth

~1.3% annually

Net Migration

Net Migration

Positive

Median Home Price

Median Home Price

$283,800

Unemployment Rate

Unemployment Rate

4.3%

Price Trend

Price Trend

Flat

New Permits

New Permits

158,121

City: Commerce

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2625 Washington St | Property Details | No Agent List