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$399,900

$424,900

406 Commerce St, Maypearl, TX, 76064

$399,942 ARVInfo
On MarketInfo
Just AddedInfo
Price DropInfo
Beds3 Beds
Baths3 Bath
Baths2,425 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$164.91 / sqft
Year BuiltBuilt in 1920

Property Lead Type:

Off-Market ListMust-SellAbsentee OwnerMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 3Bathrooms Full 3
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Range, Microwave
FlooringCeramic Tile, Hardwood, Wood

Exterior

Exterior FeaturesAwning(s), Rain Gutters, Lighting, Storage
Lot Size6,098 sqft

Building Information

Year Built1920
Stories2
Roof Type105
Garage Spaces1

Land Information

APN50.2001.024.009.00.115
Lot Number9R
SubdivisionO T Maypearl-Rev
Land UseResidential
Legal DescriptionLOT 9R BLK 24 O T MAYPEARL-REV .14 AC
Census Tract060900
Assessed Land Value$50,000
Assessed Improvement Value$300,750
Assessment Year2025

About this property

This charming home, situated in the vibrant community of Maypearl, is a true gem for potential buyers. Recently renovated, the residence boasts a plethora of modern updates and is sure to captivate all who step inside. The generously sized primary bedroom offers direct access to a delightful wrap-around porch, providing a perfect spot for relaxation and enjoying the outdoors. With elegant hardwood flooring gracing the interior, the home exudes a warm and inviting ambiance. Upstairs, a spacious area awaits, complete with its own well-appointed bathroom and ample storage options. This versatile space can easily transform into a luxurious game room, an additional bedroom, a home gym, or any other functional area to suit your needs. Brand new upstairs HVAC unit. New plumbing from from city to house. Freshly painted. Turfed backyard for low maintenance yard. Solar panels are owned.

Investor Tools

Property Icon
$381,000
Estimated Property Value
$300,000Estimated Mortgage Balance
$87,184Estimated Equity
21% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$399,941
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,399 /month
Positive
Cash Flow Estimate:
$800 /month

Interested in this property?

Ca Brewster

Keller Williams Realty

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$620/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,539
$350,750
2025
$50,000
$300,750
$350,750
Yes (2023)

Tax History

Year
Tax Paid
Assessed Value
2024
$5,539
$350,750

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
The Cowboy Bank Of Texas
Unknown
$300,000
No
First
May 14, 2025
Aug 2030

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$293,816
$87,184
22%
77%
$1,799/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,972/mo
$1,799/mo
+$173/mo
6.2%

Learn About the Market: Opportunity in Texas

Local Market Pages
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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: Maypearl

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