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$265,400

3016 Arapaho Rd, Commerce, TX, 75428

Off MarketInfo
Beds4 Beds
Baths2 Bath
Baths1,814 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$137.76 / sqft
Year BuiltBuilt in 1973

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Electric Cooktop, Electric Oven, Gas Water Heater, Microwave, Refrigerator

Exterior

Exterior FeaturesRain Gutters
Lot Size11,252 sqft

Building Information

Year Built1973
Stories1
Roof Type105
Garage Spaces2

Land Information

APN3617-0000-0060-31
Lot Number6
SubdivisionIndian Creek Addition #3
Land UseResidential
Legal DescriptionS3617 INDIAN CREEK ADDITION #3 LOT 6 ACRES .2583
Census Tract960500
Assessed Land Value$44,340
Assessed Improvement Value$221,060
Assessment Year2025

About this property

Beautiful 4 bedroom 2 bath brick home located in a quite dead end street. Living room offers built-in cabinets and a brick wood burning fireplace to enjoy hot cocoa by the fire while watching your favorite movie. Galley kitchen with breakfast bar and separate dining. Relax on your covered back patio and enjoy the fenced in backyard with matured trees. Flex room can be used as a second living room, office, etc. Master bedroom has new custom closet and both bathrooms have been remodeled providing modern updates. New Energy Star windows with transferable warranty, garage door, and gutters with leaf guards! This home is conveniently located near the community parks and Texas A&M Commerce.

Investor Tools

Property Icon
$265,400
Estimated Property Value
$268,476Estimated Mortgage Balance
$6,154Estimated Equity
-1% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,592 /month
Positive
Cash Flow Estimate:
$531 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$409/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,581
$265,400
2025
$44,340
$221,060
$265,400
No

Tax History

Year
Tax Paid
Assessed Value
2024
$3,581
$265,400

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Nations Lending Corp
Va
$268,476
Yes
First
Jun 3, 2024
Jun 2054

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$259,246
$6,154
2%
98%
$1,610/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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3016 Arapaho Rd | Property Details | No Agent List