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$235,000

3008 Arapaho Rd, Commerce, TX, 75428

$253,734 ARVInfo
On MarketInfo
Just AddedInfo
Beds3 Beds
Baths2 Bath
Baths1,917 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$122.59 / sqft
Year BuiltBuilt in 1963

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms 2Bathrooms 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Electric Oven, Electric Range, Vented Exhaust Fan

Exterior

Exterior FeaturesPrivate Yard
Lot Size11,252 sqft

Building Information

Year Built1963
Stories1
Roof Type105
Garage Spaces1

Land Information

APN3616-0000-0040-31
Lot Number4
SubdivisionIndian Creek Addition #2
Land UseResidential
Legal DescriptionS3616 INDIAN CREEK ADDITION #2 LOT 4 ACRES .2583
Census Tract960500
Assessed Land Value$44,330
Assessed Improvement Value$163,467
Assessment Year2025

About this property

Welcome home to this inviting 3-bedroom, 2-bath home conveniently located near area schools, college, shopping, dining, and everyday amenities. Recent updates include granite countertops, interior paint, and vinyl plank flooring, giving the home a fresh, move-in-ready feel. The open living area features a beautiful fireplace, built-in china hutch, French doors, and abundant natural light. The kitchen flows conveniently into a dedicated laundry room with utility sink and an additional closet ideal for pantry or household storage. A generously sized hallway closet provides even more versatile storage space. The versatile 3-bedroom floor plan offers comfortable living, abundant storage, and flexible spaces well suited for a variety of living arrangements. Outside, mature trees provide shade and character to the fenced backyard. An existing concrete slab offers additional possibilities for a future storage building, patio, outdoor entertaining area, or other creative use. Alley access leads to a concrete driveway and two-car garage, providing convenient rear-entry parking, while an additional storage closet inside the garage provides even more space. With updated finishes, generous living areas, abundant storage, a fenced backyard, and a convenient location, this home offers plenty of functionality and possibilities to make it your own.

Investor Tools

$92,657Estimated Mortgage Balance
$167,343Estimated Equity
64% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$253,733
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,560 /month
Positive
Cash Flow Estimate:
$520 /month

Interested in this property?

Jaime Huddleston

Top Notch Realty & Associates

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$560/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,421
$207,797
2025
$44,330
$163,467
$207,797
No

Tax History

Year
Tax Paid
Assessed Value
2025
$5,421
$207,797

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Guaranty Bank & Trust
Commercial
$106,960
No
First
Nov 15, 2019
Aug 2035

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$92,657
$167,343
64%
36%
$642/mo

Learn About the Market: Opportunity in Texas

Local Market Pages
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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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3008 Arapaho Rd | Property Details | No Agent List