Last 24 Hours
$24,500
406 N Neal Street, Commerce, TX, 75428
On Market
Highlights
Interior
Bedrooms —
Bathrooms —Exterior
Lot Size7,000 sqft
Land Information
APN4220-0070-0110-31
Lot Number11
SubdivisionNorth Side Addition
Land UseResidential
Legal DescriptionS4220 NORTH SIDE ADDITION BLK 7 LOT 11 ACRES .1607
Census Tract960500
Assessed Land Value$20,790
Assessment Year2025
About this property
PICTURES COMING SOON. Prime opportunity to own a residential lot in the heart of Commerce! This property offers excellent potential for a new home or investment project. An added bonus, the adjoining lot (0.3214 acres) is also available for purchase, creating the opportunity to combine both parcels for a larger homesite or future development. The seller is motivated and ready to make a deal, making this an excellent opportunity for builders, investors, or anyone looking to secure additional land in a growing area. Conveniently located near Texas A&M University Commerce, downtown shopping, dining, and local amenities. Don't miss your chance to maximize the potential of this property!
Investor Tools
$0Estimated Mortgage Balance
$105,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$630 /month
Positive
Cash Flow Estimate:
$210 /month
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ContactFinancing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$85/month
No HOA
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$500
$20,790
2025
$20,790
N/A
$20,790
Yes (2022)
Tax History
Year
Tax Paid
Assessed Value
2024
$500
$20,790
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$105,000
100%
0%
$0/mo
12.4%