Exciting investment opportunity in a bustling college town! This 8-plex apartment complex, conveniently located near Texas A&M Commerce, features eight 2-bedroom, 1-bath units. Half of the units have been beautifully remodeled, boasting luxurious granite countertops and durable LVP flooring, adding a touch of elegance and ease of maintenance. Each apartment caters to a steady demand from university students and faculty, ensuring consistent rental income. Ideal for savvy investors seeking a property with attractive upgrades and stable tenant appeal. Don't miss out on this prime real estate opportunity!
The median home value in Commerce, TX is $202,600. This is lower than the county median home value of $261,200. The national median home value is $338,100. The average price of homes sold in Commerce, TX is $202,600. Approximately 33.28% of Commerce homes are owned, compared to 52.88% rented, while 13.83% are vacant. Commerce real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Commerce real estate agent to arrange a tour today!
Commerce, Texas has a population of 8,667. Commerce is less family-centric than the surrounding county with 24.16% of the households containing married families with children. The county average for households married with children is 31.31%.
The median household income in Commerce, Texas is $37,684. The median household income for the surrounding county is $61,053 compared to the national median of $69,021. The median age of people living in Commerce is 24 years.
The average high temperature in July is 93.3 degrees, with an average low temperature in January of 32.4 degrees. The average rainfall is approximately 45 inches per year, with 1 inches of snow per year.