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$124,000

NAL Estimated Property Value

3045 Monroe Street, Commerce, TX, 75428

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,125 Sq Ft
price_per_sqft$111.11 / sqft
Year BuiltBuilt in 1977

Property Lead Type:

Off-Market ListHigh EquityCash Buyers

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms 2Bathrooms 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesElectric Oven, Electric Water Heater, Refrigerator
FlooringCarpet, Laminate, Other

Exterior

Exterior FeaturesPrivate Yard
Lot Size8,808 sqft

Building Information

Year Built1977
Stories1
Roof Type105
Garage Spaces1

Land Information

APN5038-0000-0330-31
Lot Number33
SubdivisionSouth Park Addition
Land UseResidential
Legal DescriptionS5038 SOUTH PARK ADDITION LOT 33 ACRES .2022 *LIFE ESTATE TO PATRICIA LEARY*
Census Tract960500
Assessed Land Value$37,430
Assessed Improvement Value$72,480
Assessment Year2025

About this property

Charming 3-bedroom, 1.5-bath ranch home offering spacious and comfortable living! This home features a large living room perfect for relaxing or entertaining, along with an eat-in kitchen that provides plenty of room for cooking and gathering. Step outside to enjoy the excellent backyard—ideal for outdoor activities, gardening, or simply unwinding. Seller is offering a $5,000 credit toward new flooring, giving you the opportunity to add your personal touch and truly make this home your own. Don’t miss your chance to turn this property into your dream home! ** Refrigerator, Washer and Dryer convey with the property

Investor Tools

Property Icon
$124,000
Estimated Property Value
$0Estimated Mortgage Balance
$124,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$750 /month
Positive
Cash Flow Estimate:
$250 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$111/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$714
$75,805
2025
$37,430
$72,480
$109,910
No

Tax History

Year
Tax Paid
Assessed Value
2024
$714
$75,805

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$124,000
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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3045 Monroe Street | Property Details | No Agent List