




$110,000
623 Commerce St, Portland, TX, 78374
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About this property
This 0.285 Acre property is 2 lots together with around ~95 feet of road frontage on Commerce in Portland. Lot 1 is 142.5' deep x 25' along the road, rectangular. Lot 1A is actually an old street Right of Way, 70' across the street x varying depth from ~107-147'. Ask your agent to see the survey. Zoned in the Olde Town II (2) district, this is THE area of town that allows Special Permits for mixed use such as Commercial (i.e. Retail or Office space), Single-family Residential, certain types of Multi-family Residential, and Light Industrial (i.e. self-storage or metal "warehouses"). Also near the City's new Leisure & Entertainment District. It's adjacent to three other properties for sale (buying all 4 could end up with ~370 feet of frontage; NOTE: 4 different Selling Entities). Overhead electric line in back, and City water and sewer are nearby, but the City would charge for tapping into the lines. Buyer responsible for ascertaining gas availability and utility install cost.
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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.
Population Growth
~1.3% annually
Net Migration
Positive
Median Home Price
$283,800
Unemployment Rate
4.3%
Price Trend
Flat
New Permits
158,121
City: Portland
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