Last 24 Hours
$44,900
414 N Neal St, Commerce, TX, 75428
On Market
Highlights
Interior
Bedrooms —
Bathrooms —Exterior
Lot Size14,000 sqft
Land Information
APN4220-0070-0090-31
Lot Number9-10
SubdivisionNorth Side Addition
Land UseResidential
Legal DescriptionS4220 NORTH SIDE ADDITION BLK 7 LOT 9-10 ACRES .3214
Census Tract960500
Assessed Land Value$40,600
Assessed Improvement Value$10,920
Assessment Year2025
About this property
Investment and redevelopment opportunity in the heart of Commerce! Approx. .3214-acre multifamily-zoned tract located at 414 N Neal St. featuring an existing structure and excellent future development potential. Ideal for duplex, multifamily, rental, or infill development opportunities subject to city approval. Conveniently located near residential neighborhoods, schools, and local amenities. Utilities appear to be available nearby; buyer to verify all zoning, utility availability, condition of existing improvements, and development requirements. Property being sold as-is.
Investor Tools
$0Estimated Mortgage Balance
$51,520Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$309 /month
Positive
Cash Flow Estimate:
$103 /month
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ContactFinancing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$84/month
No HOA
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
N/A
$51,520
2025
$40,600
$10,920
$51,520
No
Tax History
Year
Tax Paid
Assessed Value
2024
N/A
$51,520
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$144,000
100%
0%
$0/mo
12.4%