702 N Commerce St Gainesville, TX 76240
Property details
About 702 N Commerce St
Investor's Dream! 4 Income Producing Properties in Gainesville, TX! Don't miss this rare opportunity to own a package of four fully rented dwellings in one convenient location! This investment portfolio includes the following addresses: 1) 702 N Commerce (Duplex): Side A is a 1 bed, 1 bath unit with 846 sq ft. Side B offers 1 bed, 1 bath with 690 sq ft. 2) 706 N Commerce: A charming single family home featuring 2 bedrooms, 1 bath, and 1,129 sq ft of living space. 3) 706 and Half N Commerce (Garage Apartment): A standalone 1 bed, 1 bath apartment with 780 sq ft, tucked behind 706. 4) 115 Blanton: A cozy 2 bed, 1 bath home offering 863 sq ft. Each property is currently rented, offering immediate and steady income. Whether you're a seasoned investor or just starting your portfolio, this package delivers strong rental potential with options: keep all as a cash flowing bundle or sell individually after purchase. Located near historic downtown Gainesville, these homes are minutes from local shopping, dining, and wineries, making them attractive to tenants seeking charm and convenience. Call today for more details or to schedule a private tour of this unique multi property opportunity!
Highlights
Virtual tour
Summary
- MLS Number: 20892601
- MLS Name: NTR
- Office Name: Fathom Realty, LLC
- Listing Agent: BRANDON PARKER
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Last updated on: 4/8/2025, 11:21:01 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$610,000
702 N Commerce St
$7,244
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
| Year | Assessment | Property Tax |
|---|---|---|
| 2023 | $91,961 | $1,863 |
| 2022 | $85,581 | $1,863 |
| 2021 | $65,370 | $1,347 |
| 2020 | $55,015 | $1,111 |
| 2019 | $43,926 | $1,024 |
| 2018 | $37,499 | $1,024 |
| 2017 | $35,807 | $977 |
History based on county public records data.
Nearby schools
2
W E Chalmers Elementary School
Public District 2-4
2.5 mi
•600 FM 3092
8
Lindsay Elementary School
Public District PK-6
4.7 mi
•625 Knight Dr
4
Callisburg Elementary School
Public District PK-5
8.1 mi
•648 FM 3164
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 $35,772. Residents of Gainesville, TX typically earn between $35k-100k each year. Residents typically live in single, no kids family. Typical level of education for residents in this area is high school diploma.
How much money do the neighbors make?
What level of education do the neighbors have?
What types of families live nearby?
Are the neighbors home owners or renters?
How old are people in this area?
What do the neighbors do for fun?
Pro Wrestling
Figure Skating
Extreme Sports
Where do the neighbors shop?
Wal-Mart
Family Dollar
Kmart
Where do the neighbors go to eat?
Sonic
Dominos Pizza
Bob Evans
What do the neighbors drive?
Oldsmobile
Ford
Buick
What do the neighbors listen to?
Contemporary Inspirational
New Country- Oldies
Frequently asked questions
About 702 N Commerce St
This home is located at 702 N Commerce St in Gainesville, TX and zip code 76240. Features: 7 bedrooms, 5 bathrooms. It has been listed on Rocket Homes since April 3, 2025 and is currently priced at $610,000.
Between February and March 2025, Gainesville, TX real estate market has seen increase in the number of listings by 13.1%. In March 2025, listings were on the market for 88 days. During the same period, the median list price in this real estate market was $329,649.