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$207,000

NAL Estimated Property Value

3100 Washington Street, Commerce, TX, 75428

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,674 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$73.18 / sqft
Year BuiltBuilt in 1972

Property Lead Type:

Off-Market ListHigh Equity

Highlights

Interior

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

Exterior

Lot Size11,700 sqft

Building Information

Year Built1972
Stories1
Roof Type112
Garage Spaces1

Land Information

APN2592-0000-0530-31
Lot Number53
SubdivisionCowan H O Subdivision #3
Land UseResidential
Legal DescriptionS2592 COWAN H O SUBDIVISION #3 LOT 53 ACRES .2686
Census Tract960500
Assessed Land Value$44,810
Assessed Improvement Value$130,350
Assessment Year2025

About this property

Three bedroom, two bath home on corner lot. Huge living space. Office space, nursery or sitting area attached to master bedroom. Home has been a rental property for over 10 years for current owner and they are now ready to sell. Home will need new carpet and paint and time to update some appliances. Priced at under $75 per square foot makes this the type of property you can put some money into updating and remodeling and have you a terrific home.

Investor Tools

Property Icon
$207,000
Estimated Property Value
$161,848Estimated Mortgage Balance
$45,152Estimated Equity
21% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,242 /month
Positive
Cash Flow Estimate:
$414 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$332/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,947
$175,160
2025
$44,810
$130,350
$175,160
No

Tax History

Year
Tax Paid
Assessed Value
2024
$2,947
$175,160

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Guaranty Bank & Trust
Fha
$116,353
Yes
First
Dec 17, 2020
Jan 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$161,848
$45,152
21%
78%
$1,055/mo

City: Commerce

3100 Washington Street | Property Details | No Agent List