Status
Market MatchUP
How this home compares to similar 3 bedroom homes in Commerce- Price Comparison$89,512 lower
- Home Size151 sq. ft. smaller
- Built in 1964Older 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
Listed By
972-822-7129
Coleman Realty Associates
Map
Estimated Monthly Payment
$1,420Loan Amount
$146,300This 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
Kitchen
Appliances
- Disposal
- Microwave
- Dishwasher
Highlights
Interior Features
- Other
Sewer
- Public Sewer
Levels
- One
Cooling
- Central Air
Pool Features
- None
Parking Features
- Driveway
- Detached Carport
Fireplace Features
- None
Road Surface Type
- Asphalt
Foundation Details
- Other
- Slab
Architectural Style
- Detached
Heating
- Other
Utilities
- Water Available
- Sewer Available
- Electricity Available