Commerce, TX 75428
$154,000List Price
$1,420 Est. Mo. Payment
3
1
1
1,502ft2

Status

Available

Market MatchUP

How this home compares to similar 3 bedroom homes in Commerce
  • Price Comparison
    $89,512 lower
  • Home Size
    151 sq. ft. smaller
  • Built in 1964
    Older than 71% of homes in Commerce
  • Commerce Snapshot
    58 active listings
    56% have 3 bedrooms
    • Typical 3 bedroom size: 1653 sq. ft.
    • Typical 3 bedroom price: $243,511

Description

This exceptional investment property has been converted to three well-maintained rental units, two of which are currently leased, providing immediate rental income. Each unit is designed for student living, offering rooms at $650 each—an all-inclusive price and comes fully furnished with stylish furniture and smart TVs. The market average rent for similar rooms is $800, making this an attractive opportunity for investors. The property includes an updated kitchen and bathrooms, smart locks on doors, enabling secure, remote management, and is set up with three bedrooms and 1.5 bathrooms, ideal for student tenants. The property is walking distance to East Texas A&M University. Additionally, the property boasts a **lifetime foundation warranty**, offering long-term peace of mind. With a professional maintenance crew and management already in place, this property requires minimal effort for day-to-day operations, making it a truly hands-off investment. Don’t miss the chance to expand your portfolio with this prime, well-positioned, fully-equipped student rental property that promises solid returns and hassle-free ownership.

MLS Listing ID

20868703

Listed By

Shatto Coleman
972-822-7129
Coleman Realty Associates

Map

Min zoom level reached
High School
Commerce
Elementary School
Williams
High School District
Commerce ISD
Middle Or Junior School
Commerce
Tax Annual Amount
3399
$
$
%

Estimated Monthly Payment

$1,420

Loan Amount

$146,300

This calculator is illustrative, but your unique situation will best be served by seeking out a purchase budget pre-approval from a reputable mortgage provider. Start My Mortgage Application can provide you an approval within 48hrs.

Home Facts

Bathroom

Bathrooms Full
1
Bathrooms Half
1

Kitchen

Appliances

  • Disposal
  • Microwave
  • Dishwasher

Highlights

Interior Features

  • Other

Sewer

  • Public Sewer

Levels

  • One

Cooling

  • Central Air
Lot Size Acres
0.134
Parcel Number
81635

Pool Features

  • None
Property Type
Residential
Carport Spaces
1
Covered Spaces
1

Parking Features

  • Driveway
  • Detached Carport
Property Sub Type
Single Family Residence

Fireplace Features

  • None
Virtual Tour
Year Built
1964

Road Surface Type

  • Asphalt

Foundation Details

  • Other
  • Slab

Architectural Style

  • Detached

Heating

  • Other

Utilities

  • Water Available
  • Sewer Available
  • Electricity Available
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