Bruce Rayburn

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Listing provided courtesy of eXp Realty, LLC- MLS# 21280035MLS ProviderContact Information: Ted Laramore - 940-735-2830

1309 Park StreetCommerce, TX 75428

Multi-Family · 7 Beds · 4 Full Baths · 3,000 Sq. ft. | 0.43 Acres
$125,000 Active

1309 Park Street Overview

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Investor special in the heart of rapidly growing Commerce, TX. This approximately 3,000 sq ft 4-plex features one 3 bed, 1 bath unit and three 1 bed, 1 bath units. The property has been completely gutted to the studs and will require a full renovation, making it unsuitable for conventional financing. Located near East Texas A&M University and within an area experiencing major redevelopment and revitalization, this property offers exceptional upside potential. Whether you choose to renovate the existing structure or start fresh with new development, the opportunity is there. Perfect for investors, builders, or developers looking to capitalize on the growth and transformation happening throughout Commerce.

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1309 Park Street Facts & Features

  • Type Multi-Family
  • Sq. ft. 3,000
  • Price/Sq.ft. $42
  • Lot 0.43 Acres

Details

General

Association/HOA

  • Association: No

School Information

  • School District: Commerce ISD
  • Elementary School: Commerce
  • Middle Or Junior School: Commerce
  • High School: Commerce

Building Information

  • Year Built: 1940
  • Year Built Details: Preowned

Location/Region

  • Country: US
  • County Or Parish: Hunt
  • Postal City: COMMERCE
  • Subdivision Name: Orig Town Of Commerce

Tax Information

  • Tax Annual Amount: 4111.0

General Information

  • Exclusions: none
  • Listing Terms: Cash,1031 Exchange
  • Parcel Number: 54282
  • Property Sub Type: Quadruplex
  • Property Type: Residential Income
  • Senior Community: No

Interior

Beds/Baths

  • Bathrooms Full: 4
  • Bathrooms Half: 0
  • Bathrooms Total: 4
  • Bedrooms Total: 7

Building Interior

  • Building Area Source: Owner
  • Building Area Total: 3000.0

General Information

  • Cooling: Other
  • Flooring: Other
  • Foundation Details: Pillar/Post/Pier
  • Heating: Other
  • Interior Features: Other
  • Levels: One
  • Living Area: 3000.0
  • Stories: 1

Exterior

Parking Information

  • Parking Features: Driveway
  • Parking Total: 8.0

Lot Information

  • Lot Size Acres: 0.429
  • Lot Size Area: 0.429
  • Lot Size Square Feet: 18687.24
  • Lot Size Units: Acres
  • Number Of Buildings: 1
  • Water Source: Public

Waterfront/View

  • Waterfront: No

Building Exterior/Construction

  • Construction Materials: Frame,Wood Siding
  • Patio And Porch Features: Front Porch
  • Roof: Composition

General Information

  • Fencing: Metal,Wood
  • Number Of Units Total: 4
  • Pool Features: None
  • Sewer: Public Sewer
  • Utilities: Sewer Available,Water Available

Unit Information

Unit 1 Details

  • Unit Type: 1 Bedroom
  • Units Total: 0

Unit 3 Details

  • Unit Type: 1 Bedroom
  • Units Total: 0

Unit 4 Details

  • Unit Type: 1 Bedroom
  • Units Total: 0

Unit 2 Details

  • Unit Type: 3 Bedroom
  • Units Total: 0

Schools

School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

1309 Park Street Monthly Cost

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* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

1309 Park Street Market Data

Based on the last 30 days in this zip code

$352,520
Average List Price
$144
Average Price per Square Foot
10
Properties Sold
386
Average Days on Market
155
Properties for Sale
Calculations provided by Reliance Network


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