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$37,585

NAL Estimated Property Value

607 Commerce St, Portland, TX, 78374

Off MarketInfo

Highlights

Interior

Bedrooms —Bedrooms —
Bathrooms —Bathrooms —

Exterior

Lot Size17,816 sqft

Land Information

APN1403-0003-0004-003
Lot Number4-8
SubdivisionPortland Tier E
Land UseVacant Land
Legal DescriptionPORTLAND TIER E BLK 3 LOTS 4 THRU 8
Census Tract010604
Assessed Land Value$37,585
Assessment Year2025

About this property

Located adjacent to the new Leisure and Entertainment District, 607 Commerce is situated in the heart of historic Old Town Portland. This property spans just under half an acre, comprising five lots under a single tax ID. Zoned as OT2 Mixed Use District, it offers versatile options for development. Interested parties are encouraged to verify any building restrictions with the city. Owner finance is available with 50% Down.

Investor Tools

Property Icon
$37,585
Estimated Property Value
$0Estimated Mortgage Balance
$37,585Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$899 /month
Positive
Cash Flow Estimate:
$300 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$181/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,989
$37,585
2025
$37,585
N/A
$37,585
No

Tax History

Year
Tax Paid
Assessed Value
2024
$1,989
$37,585

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$37,585
100%
0%
$0/mo

City: Portland