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$257,690

NAL Estimated Property Value

2903 Melmar Park St, Commerce, TX, 75428

Recently SoldInfo
10/16/26
Beds3 Beds
Baths2 Bath
Baths1,725 Sq Ft
price_per_sqft$127.25 / sqft
Year BuiltBuilt in 1969

Property Lead Type:

Absentee OwnerHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms 2Bathrooms 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Electric Range, Disposal, Microwave
FlooringCarpet, Vinyl

Exterior

Exterior FeaturesRain Gutters, Storage
Lot Size11,617 sqft

Building Information

Year Built1969
Stories1
Roof Type105
Garage Spaces2

Land Information

APN5108-0000-0010-31
Lot Number1
SubdivisionTanglewood Addition # 4
Land UseResidential
Legal DescriptionS5108 TANGLEWOOD ADDITION # 4 LOT 1 ACRES .2667
Census Tract960500
Assessed Land Value$44,720
Assessed Improvement Value$212,970
Assessment Year2025

About this property

Move-in ready 3 bedroom, 2 bath brick home on a corner lot. Spacious living room with fireplace. All bedrooms have walk-in closets. Kitchen with soft close drawers and pantry. Utility room with space for full size washer and dryer plus sink. Privacy wood fence backyard with storage shed. Two car garage with rear alley access. Large city-owned greenspace adjoins the property. Good location near several Commerce ISD campuses.

Investor Tools

Property Icon
$257,690
Estimated Property Value
$143,461Estimated Mortgage Balance
$115,339Estimated Equity
44% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,546 /month
Positive
Cash Flow Estimate:
$515 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$658/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$6,613
$257,690
2025
$44,720
$212,970
$257,690
No

Tax History

Year
Tax Paid
Assessed Value
2024
$6,613
$257,690

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Cypress Bank Ssb
Conventional
$158,000
No
First
Jul 16, 2021
Aug 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$143,461
$114,229
44%
56%
$948/mo

City: Commerce

2903 Melmar Park St | Property Details | No Agent List