tomo logo

$120,000

Beds
3
Baths
2.0
sq ft
1,484

501 Park St, Commerce, TX 75428

501 Park St

Commerce, TX 75428

  • 28 days on market
    • Price drop $20,000↓
Charming Home with Endless Possibilities in Commerce, TX! Discover the potential of this 3 bedroom, 2 bathroom home ideally located close to Texas A&M Commerce and the heart of downtown. Nestled within the highly regarded Commerce ISD, this property offers vintage charm. Step inside to find an expansive living space, perfect for entertaining or relaxing. The open floor plan highlights the home’s vintage appeal, with plenty of room for customization to fit your style. The generous bedrooms provide comfort, while the two bathrooms offer convenience for all occupants. Outside, enjoy the oversized lot complete with a covered parking area and a fenced yard, perfect for outdoor activities. The quaint surroundings and mature trees add to the allure, offering a peaceful retreat while being just moments away from local amenities. This home is truly a rehabber’s dream, with vast potential to make it your own.

Details

Property type

Single Family Residence

Est. home value

$144,739

Lot size

1.808 acres

Price per sq ft

$81

Year built

1925

Annual property taxes

$4,617

Price History

10/25/2024
NTREIS

NTREIS #20757809

Listed
$120,000

Schools & Community

Elementary school: 

Commerce

Middle school: 

Commerce

High school: 

Commerce

School district: 

Commerce ISD

Seller’s Loan History

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

Lender

Cypress Bank

Loan start date

February 2018

Original loan amount

$51,500

Est. remaining balance

Not provided

Interest rate

6%

Loan type

Adjustable Rate Mortgage

Seller

Pardue Properties Llc

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: 11/23/2024 at 9:10 AM

Listing updated: 11/09/2024 at 9:12 AM

Listed by: Stacie Noble, Coldwell Banker Apex, REALTORS Phone #: (972) 772-9300

MLS: NTREIS #20757809

NTREIS logo

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