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$500,000

NAL Estimated Property Value

3501 Fm 3218, Commerce, TX, 75428

Off MarketInfo
Beds4 Beds
Baths3 Bath
Baths2,607 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$199.46 / sqft
Year BuiltBuilt in 1968

Property Lead Type:

Off-Market ListAbsentee OwnerHigh EquityCash Buyers

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 3Bathrooms Full 3
AppliancesDishwasher, Electric Range
FlooringCarpet, Laminate

Exterior

Lot Size22.91 acres

Building Information

Garage Spaces3

Land Information

APN0421-0160-0000-31
SubdivisionHenson D
Land UseResidential
Legal DescriptionA0421 HENSON D,TRACT 16, ACRES 22.91
Census Tract960500
Assessed Land Value$3,230
Assessment Year2025

About this property

They don't make homes like this anymore! From the moment you drive up following the long gravel drive, you will fall in love with the space and serenity this property exudes. Situated on over 22 breathtaking acres within city limits, your dreams of country living with city amenities can now be a reality! The spacious brick home offers 4 bedrooms 3 baths and many flex spaces. The possibilities are endless to make it your own! Fall in love with the floor to ceiling windows looking out to breathtaking views or enjoy a cup of coffee on the oversized back patio. In colder weather, cozy up next to the wood burning fireplace separating the two family rooms. A little love and this home will be an absolute DREAM! The 22.8 acre property features an additional detached garage with electric and it's own patio, Hay Meadow for Ag exemption, and a creek at the far back end of the property. Schedule your tour today and come fall in love with Commerce's hidden gem!

Investor Tools

Property Icon
$500,000
Estimated Property Value
$0Estimated Mortgage Balance
$500,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,120 /month
Positive
Cash Flow Estimate:
$1,040 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$479/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,251
$3,230
2025
$3,230
N/A
$330,320
No

Tax History

Year
Tax Paid
Assessed Value
2024
$3,251
$3,230

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$500,000
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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