$1,663
closing credit¹
1309 Park St Commerce, TX 75428
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
Summary
- MLS Number: 20817100
- MLS Name: NTR
- Office Name: eXp Realty, LLC
- Office Phone: (940) 735-2830
- Listing Agent: Ted Laramore
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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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![view of back of property](/homes/listing-images/54211581_S0439/S0439/S0439-R0100/1102949661/1102949661-1.jpg?version=1737550521&width=640)
$140,000
1309 Park St
$1,663
closing credit¹
Sell your home with Rocket and save even more!
Seller rebate
0.5% sale price²
Price information
Property sales
We're sorry, we currently don't have property sales data for this listing.
Tax history
Year | Assessment | Property 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.
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.
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.