$1,663

closing credit¹

1309 Park St Commerce, TX 75428

$140,000
6 beds
4 full
0.4 acres
Multi-Family

Property details

About 1309 Park St

Located in a rapidly evolving part of town, this 4-plex is a prime opportunity for investors looking to maximize potential. While the interior requires significant renovations, key structural updates—including a new roof and a recently stabilized foundation—offer a solid starting point. The oversized lot provides ample room for expansion, making it an excellent candidate for additional units to boost rental income. Just a short drive from Texas A&M, this property is ideally situated to attract student tenants, ensuring consistent demand. Whether you transform the existing units or capitalize on the developmental potential, this investment holds endless possibilities in a thriving market. Don’t miss out on this chance to build something exceptional! Cash, hard money only. This will not qualify for conventional financing.

Highlights

Home typeQuadruplex
HeatingOther
StatusActive
CoolingOther
Lot size0.429 Acres
Year built1980
ParkingDriveway
MLS #20817100

Summary

  • MLS Number: 20817100
  • MLS Name: NTR
  • Office Name: eXp Realty, LLC
  • Office Phone: (940) 735-2830
  • Listing Agent: Ted Laramore

IDX ©2025 North Texas Real Estate Information Systems. All rights reserved. The database information herein is provided from and copyrighted by the North Texas Real Estate Information Systems, Inc. NTREIS data may not be reproduced or redistributed and is only for people viewing this site. All information provided is deemed reliable but is not guaranteed and should be independently verified. The advertisements herein are merely indications to bid and are not offers to sell which may be accepted. All properties are subject to prior sale or withdrawal. All rights are reserved by copyright.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.


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Last updated on: 2/8/2025, 5:20:53 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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$140,000

1309 Park St

$1,663

closing credit¹

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0.5% sale price²

Price information

Property sales

We're sorry, we currently don't have property sales data for this listing.

Tax history

YearAssessmentProperty Tax
2024$159,470$5,723
2023$220,980$3,872
2022$139,170$3,872
2021$137,910$3,504
2020$121,240$3,504
2019$94,900$2,940
2018$94,660$2,940
2017$83,000$2,602

History based on county public records data.

Nearby schools

2

Albert C Williams Elementary School

Public District 3-5

1.2 mi

615 Culver St

2

Campbell Elementary School

Public District PK-5

7.5 mi

480 N Patterson St

3

Cumby Elementary School

Public District PK-5

8.5 mi

201 Donelton St

School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $34,912. The most common annual income of people living in Commerce, TX is less than $<35k. Typical family type is single, no kids. The most common level of education of people living in this area is post secondary degree.

How much money do the neighbors make?

50%
<35k
43%
35k-100k
6%
100k-200k
1%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree
Masters Degree

What types of families live nearby?

54%
Single, No Kids
15%
Single, with Kids
16%
Married, No Kids
15%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

16%
<11 yrs old
7%
12-17 yrs old
37%
18-34 yrs old
31%
35-64 yrs old
9%
65+ yrs old

What do the neighbors do for fun?

  • Pro WrestlingPro Wrestling
  • Figure SkatingFigure Skating
  • Extreme SportsExtreme Sports

Where do the neighbors shop?

  • Wal-MartWal-Mart
  • Family DollarFamily Dollar
  • KmartKmart

Where do the neighbors go to eat?

  • SonicSonic
  • Dominos PizzaDominos Pizza
  • Bob EvansBob Evans

What do the neighbors drive?

  • OldsmobileOldsmobile
  • FordFord
  • BuickBuick

What do the neighbors listen to?

  • Contemporary InspirationalContemporary Inspirational
  • New CountryNew Country
  • OldiesOldies
All data provided by Home Junction and Claritas

This home is located at 1309 Park St in Commerce, TX and zip code 75428. Features: 6 bedrooms, 4 bathrooms. It has been listed on Rocket Homes since January 22, 2025 and is currently priced at $140,000.

In January 2025 in Commerce, TX there were 35.3% more homes for sale than in December. Listings spent 76 days on the market in January 2025, and had a median list price of $222,250 during the same period.

From Rocket Homes Real Estate and based on county public records data.

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