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Days322Days on Market
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$28,000

405 3rd St, Commerce, TX, 75428

On MarketInfo
Baths0 Bath
Unimproved LandUnimproved Land

Highlights

Interior

Bathrooms 0Bathrooms 0

Exterior

Lot Size10,454 sqft

Land Information

APN2415-0050-001R-31
Lot Number1R
SubdivisionCarolyn Estates
Land UseCity,Rural/Res Lot, Vacant (Subdivisions)
Legal DescriptionS2415 CAROLYN ESTATES BLK 5 LOT 1R ACRES .24 (REPLAT)
Census Tract960500
Assessed Land Value$30,740
Assessment Year2025

About this property

Welcome to 405 3rd Street in the heart of Commerce, TX—an excellent opportunity to build your dream home or investment property. This vacant lot offers a clean slate with utilities potentially available and is ideally located near schools, shopping, and local amenities. With no existing structure, it’s ready for new construction and a fresh vision. Don’t miss this chance to secure a prime piece of land in a growing community.

Investor Tools

$0Estimated Mortgage Balance
$30,740Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$300 /month
Positive
Cash Flow Estimate:
$100 /month

Interested in this property?

Christopher Dai

Bradford Elite Real Estate LLC

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$72/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$708
$30,740
2025
$30,740
N/A
$30,740
No

Tax History

Year
Tax Paid
Assessed Value
2024
$708
$30,740

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$30,740
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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