tomo logo

$270,000

Beds
5
Baths
3.0
sq ft
2,106

601 Park St, Commerce, TX 75428

601 Park St

Commerce, TX 75428

  • 13 days on market
Welcome to this beautifully renovated 5-bedroom, 3-bathroom home, ideally located just a short distance from Texas A&M Commerce and close to all the amenities of downtown. This spacious home is perfect for a growing family, offering plenty of room and modern upgrades throughout. Step inside to discover a cozy living area that flows into a bright and inviting kitchen, featuring updated appliances, sleek countertops, and ample storage space. The home boasts five generously sized bedrooms, including a master suite with a private bathroom for ultimate comfort and privacy. With three full bathrooms, there is plenty of space for everyone to get ready in the mornings. Enjoy the convenience of being just minutes away from the university, local shops, dining, and parks. Whether you're hosting family gatherings or enjoying a quiet evening, this home offers the perfect blend of comfort, style, and convenience. Don't miss out on this incredible opportunity to own a renovated gem in an unbeatable location!

Details

Property type

Single Family Residence

Est. home value

$233,190

Lot size

0.74 acres

Price per sq ft

$129

Year built

1920

Annual property taxes

$5,453

Price History

01/10/2025
NTREIS

NTREIS #20813280

Listed
$270,000
03/02/2023
NTREIS

NTREIS #20176389

Removed
07/06/2022
NTREIS

NTREIS #20035269

Removed

Schools & Community

Elementary school: 

Williams

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

$23,399
Asking price
$270,000
Closing costs (~8% of asking)
-$21,600
Est. remaining loan balance
-$225,001
Cash to seller
$23,399

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

Seller’s Loan History

Lender

Mortgage Research Center Llc

Loan start date

March 2023

Original loan amount

$230,000

Est. remaining balance

$225,001

Interest rate

6.33%

Loan type

VA, 30 year

Seller

Scott Ellis

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 12:25 PM

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

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

MLS: NTREIS #20813280

NTREIS logo

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