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$149,500

6168 Fm 1563, Commerce, TX, 75428

Off MarketInfo
Beds1 Beds
Baths2 Bath
Baths1,264 Sq Ft
FarmFarm
price_per_sqft$118.28 / sqft
Year BuiltBuilt in 1998

Highlights

Interior

Bedrooms 1Bedrooms 1
Bathrooms 2Bathrooms 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Electric Cooktop, Electric Oven
FlooringLaminate

Exterior

Exterior FeaturesAwning(s)
Lot Size9.18 acres

Building Information

Year Built1998
Stories1
Roof Type105
Garage Spaces2

Land Information

APN0242-0280-0000-30
SubdivisionDoak Jane (Hunt County)
Land UseResidential
Legal DescriptionA0242 DOAK JANE (HUNT COUNTY),TRACT 28, ACRES 9.18
Census Tract960100
Assessed Land Value$18,630
Assessed Improvement Value$47,010
Assessment Year2025

About this property

Looking to get out of town?? Look no further, with a little TLC this home could be the perfect place for you. This 1-2-2 is nicely situated on 10+- acres with pecan trees and a 2.5 +- acre stocked fishing lake. Bring the kids and the fishing poles and come enjoy what nature has to offer. This property is conveniently located on low traveled state road keeping this property only 10-15 minutes from town, while still not having to deal with the hustle and bustle of the city life. The property does have an access easement allowing the right of ingress and egress to the subject tract along FM 1563.

Investor Tools

Property Icon
$368,000
Estimated Property Value
$0Estimated Mortgage Balance
$368,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,208 /month
Positive
Cash Flow Estimate:
$736 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$279/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,507
$65,640
2025
$18,630
$47,010
$208,950
No

Tax History

Year
Tax Paid
Assessed Value
2024
$1,507
$65,640

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$368,000
100%
0%
$0/mo

Learn About the Market: Opportunity in Texas

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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: Commerce

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6168 Fm 1563 | Property Details | No Agent List