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B+
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$199,000

2925 Melmar Park St, Commerce, TX, 75428

$205,022 ARVInfo
On MarketInfo
Just AddedInfo
Beds3 Beds
Baths2 Bath
Baths1,725 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$115.36 / sqft
Year BuiltBuilt in 1970

Property Lead Type:

Absentee OwnerHigh EquityCash Buyers

Highlights

Interior

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

Exterior

Lot Size12,014 sqft

Building Information

Year Built1970
Stories1
Roof Type105
Garage Spaces2

Land Information

APN5108-0000-0070-31
Lot Number7
SubdivisionTanglewood Addition # 4
Land UseResidential
Legal DescriptionS5108 TANGLEWOOD ADDITION # 4 LOT 7 & N15' OF 8 ACRES .2758 *LIFE ESTATE TO PATRICIA GOWEN*
Census Tract960500
Assessed Land Value$45,050
Assessed Improvement Value$137,750
Assessment Year2025

About this property

This spacious 3-bedroom, 2-bath brick home is situated on a corner lot in an established Commerce, Texas neighborhood. Offering approximately 1,725 square feet and a two-car garage, this home combines a functional layout, generous room sizes, and valuable updates with plenty of opportunity for future personalization. The expansive living area features a vaulted ceiling with exposed beams, warm wood flooring, and a floor-to-ceiling brick fireplace that adds character and creates a natural focal point. The updated kitchen includes granite countertops, white cabinetry, a tiled backsplash, stainless steel appliances, and an adjoining dining area overlooking the backyard. A large primary suite, two additional bedrooms, two full bathrooms, and a dedicated utility room provide comfortable everyday living. Outside, enjoy a fenced backyard with a mature shade tree and patio space. Conveniently located near Texas A&M University-Commerce, local schools, shopping, and dining, this Commerce, TX home is a great option for buyers searching for an affordable three-bedroom home with an updated kitchen, two-car garage, and room to make it their own.

Investor Tools

$0Estimated Mortgage Balance
$209,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$205,022
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,254 /month
Positive
Cash Flow Estimate:
$418 /month

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Chrissy Earls

Real Broker, LLC

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$249/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,944
$180,023
2025
$45,050
$137,750
$182,800
No

Tax History

Year
Tax Paid
Assessed Value
2024
$1,944
$180,023

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$209,000
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.

Explore Texas Explore This Area
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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