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$288,000

NAL Estimated Property Value

7908 Fm 118, Commerce, TX, 75428

Off MarketInfo
Beds2 Beds
Baths1 Bath
Baths960 Sq Ft
price_per_sqft$338.54 / sqft
Year BuiltBuilt in 2021

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 1Bathrooms Full 1
AppliancesDishwasher, Disposal, Electric Range, Electric Water Heater, Microwave, Other
FlooringConcrete

Exterior

Exterior FeaturesRV Hookup, Storage
Lot Size10.02 acres

Building Information

Year Built2007
Stories1

Land Information

APN1170-0080-0030-30
SubdivisionWarfield C A
Land UseReal, Land/Residential Imps On Non Ag Land
Legal DescriptionA1170 WARFIELD C A,TRACT 8-3, ACRES 10.016
Census Tract960100
Assessed Land Value$17,270
Assessed Improvement Value$137,990
Assessment Year2025

About this property

Beautiful Barndominium finished out in 2021 with stainless steel appliances, granite countertops, and gorgeous views! Property features over 10 acres with a fire pit with outdoor lighting, 432 sq ft deck on the back of the home, and cute covered porch on the front. Bring your animals! There is a 12x12 horse shelter, good pasture (has had hay baled off it for many years) with pond and many mature trees! 30 AMP RV hook up with sewer for guests to come stay! There is an internet tower on property to provide broadband internet and the Property is currently Ag Exempt! Multiple home sites for building a custom home on the 10 acres! This is a Texas Dream at a super price! Bring your best offer quick, this one will not last!!!

Investor Tools

Property Icon
$288,000
Estimated Property Value
$0Estimated Mortgage Balance
$288,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,950 /month
Positive
Cash Flow Estimate:
$650 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$256/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,638
$155,260
2025
$17,270
$137,990
$298,200
No

Tax History

Year
Tax Paid
Assessed Value
2024
$1,638
$155,260

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$288,000
100%
0%
$0/mo

City: Commerce

7908 Fm 118 | Property Details | No Agent List