$21,500
TBD Washington Street, Commerce, TX, 75428
On Market
About this property
Approx. 0.30-acre tract located on Washington Street in Commerce offering excellent future homesite and investment potential. Conveniently situated near established residential properties with nearby utilities and road access. Currently AG designated with future residential development possibilities subject to city approval and buyer verification of zoning, utilities, setbacks, and development requirements. Great opportunity to secure a small tract within the growing Commerce area.
Investor Tools
$0Estimated Mortgage Balance
$21,500Estimated Equity
100% equity
Estimated Cap Rate
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Estimated ARV (After-Repair Value)
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Rent-to-Value Ratio: 0.72%
Rent Estimate
$300 /month
Positive
Cash Flow Estimate:
$100 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$X/month
No HOA
5.947%
