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$429,000

NAL Estimated Property Value

4659 Fm 512, Commerce, TX, 75428

Off MarketInfo
Baths0 Bath
Baths1,512 Sq Ft
Year BuiltBuilt in 1989

Highlights

Interior

Bathrooms 0Bathrooms 0

Exterior

Exterior FeaturesPrivate Entrance, Private Yard
Lot Size43.58 acres

Building Information

Year Built1989
Stories1

Land Information

APN0828-0040-006A-30
SubdivisionPeters L
Land UseVacant Land
Legal DescriptionA0828 PETERS L,TRACT 4-6A, ACRES 43.58,(ALSO IN A0342 A1286)
Census Tract960100
Assessed Land Value$10,860
Assessed Improvement Value$101,810
Assessment Year2025

About this property

Bring your livestock, horses and chickens to this Hunt County TX 43.58 acre ranch. Great homesite and homestead opportunity. Entire property is fenced included cross fences with 3 ponds. Livestock facilities include corral, chutes and cattle ramp. Property has an Ag Exemption for taxes. Recently constructed 60x40 pole barn with additional 60x22 overhang. 1,500 sq ft 3 bed 2 bath double wide home with public water, electricity and non-maintenance septic system. Within minutes of downtown Commerce and a short drive to Cooper Lake State Park. Less than 1 hours from DFW and a short drive to the future 7,600 acre Lake Ralph Hall to be completed in 2026.

Investor Tools

Property Icon
$429,000
Estimated Property Value
$447,726Estimated Mortgage Balance
$0Estimated Equity
0% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,534 /month
Positive
Cash Flow Estimate:
$1,178 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$370/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,298
$112,670
2025
$10,860
$101,810
$585,320
No

Tax History

Year
Tax Paid
Assessed Value
2024
$2,298
$112,670

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Farm Credit Services
Commercial
$460,000
No
First
Nov 8, 2024
Nov 2044

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$447,726
N/A
0%
104%
$2,758/mo

Learn About the Market: Opportunity in Texas

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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.

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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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4659 Fm 512 | Property Details | No Agent List