#20844725, Christopher Mcghee, Listing Office: eXp Realty LLC
2001 Washington St Commerce, TX 75428
Property details
About 2001 Washington St
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.
Highlights
Virtual tour
Summary
- MLS Number: 20868703
- MLS Name: NTR
- Office Name: Coleman Realty Associates
- Office Phone: (972) 822-7129
- Listing Agent: Shatto Coleman
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Last updated on: 4/4/2025, 7:20:56 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$154,000
2001 Washington St
$1,829
closing credit¹
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0.5% sale price²
Price information
Property sales
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Tax history
Year | Assessment | Property Tax |
---|---|---|
2024 | $151,670 | $2,845 |
2023 | $109,870 | $2,459 |
2022 | $88,400 | $2,459 |
2021 | $99,230 | $1,977 |
2020 | $68,410 | $1,977 |
2019 | $56,220 | $1,665 |
2018 | $53,610 | $1,665 |
2017 | $50,730 | $1,590 |
History based on county public records data.
Nearby schools
2
Albert C Williams Elementary School
Public District 3-5
1.0 mi
•615 Culver St
3
Campbell Elementary School
Public District PK-5
7.1 mi
•480 N Patterson St
4
Cumby Elementary School
Public District PK-5
8.2 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 $13,484. The majority of Commerce, TX residents have income less than $<35k annually. Residents typically live in single, no kids family. The majority of residents in this area have post secondary degree education.
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Frequently asked questions
About 2001 Washington St
This home is located at 2001 Washington St in Commerce, TX and zip code 75428. This 1,502 square foot home, which was built in 1964, sits on a 0.13 acre lot. Features: 3 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since March 18, 2025 and is currently priced at $154,000.
Between February and March 2025, Commerce, TX real estate market has seen increase in the number of listings by 20.4%. The median list price of listings available in March 2025 was $226,750, while the average time on the real estate market was 74 days.