tomo logo

$249,900

Beds
4
Baths
3.0
sq ft
1,878

1501 Pecan St, Commerce, TX 75428

1501 Pecan St

Commerce, TX 75428

  • 13 days on market
Charming 4-Bedroom Home in the Heart of Commerce, TX Discover this beautifully updated 4-bedroom, 3-bath home situated in the heart of Commerce, Texas. Located within walking distance of the town square and just minutes from the East Texas A&M University campus, this home offers both convenience and charm. The home features modern updates throughout, including a renovated kitchen and all three bathrooms completed within the last 2-3 years. The kitchen boasts sleek granite countertops, a gas range, and ample storage, perfect for preparing meals and entertaining guests. A standout feature of this property is the versatile guest suite with a private entrance, its own bathroom, and handicap ramp access. This space is ideal for a mother-in-law suite, visiting guests, or potential rental income. The spacious master suite offers a peaceful retreat with a double vanity and a walk-in shower, providing comfort and functionality. This home’s location, thoughtful updates, and unique features make it an exceptional opportunity in Commerce. Schedule your showing today to experience all it has to offer!

Details

Property type

Single Family Residence

Est. home value

$205,392

Lot size

8,973.36 sq ft

Price per sq ft

$134

Year built

1950

Annual property taxes

$6,004

Price History

01/09/2025
NTREIS

NTREIS #20812519

Listed
$249,900
08/07/2023
NTREIS

NTREIS #20287527

Removed
03/11/2021
NTREIS

NTREIS #14494904

Removed

Schools & Community

Elementary school: 

Commerce

Middle school: 

Commerce

High school: 

Commerce

School district: 

Commerce ISD

Negotiation Insights

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Seller could get up to

$83,247
Asking price
$249,900
Closing costs (~8% of asking)
-$19,992
Est. remaining loan balance
-$146,661
Cash to seller
$83,247

This is an estimate of how much the seller could receive at closing after paying off the outstanding mortgage.

Seller’s Loan History

Lender

Finance Of America Mortgage Llc

Loan start date

March 2021

Original loan amount

$160,550

Est. remaining balance

$146,661

Interest rate

2.77%

Loan type

New Conventional, 30 year

Seller

Jacob Adam Hunt

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

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Status: Active

Tomo last checked: 01/23/2025 at 12:10 PM

Listing updated: 01/10/2025 at 1:13 PM

Listed by: Martie Abercrombie, Century 21 First Group Phone #: (903) 885-3146

MLS: NTREIS #20812519

NTREIS logo

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