Commerce TX Multi Family for Sale

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Type:
Fourplex
Sq.Ft.:
3,000
Status:
NEW LISTING
Beds:
6
Lot size:
0.43 Acres
Year built:
1980
Baths:
5.00
MLS#:
20732665
Subdivision:
Orig Town Of Commerce

ADDITIONAL INFORMATION

This 4-plex, located in a revitalization area of the city, offers a prime opportunity for investors looking to capitalize on the neighborhood's growth. While the units are ready for renovation, the property already boasts major improvementsâa brand-new roof and a recently repaired foundation, providing a solid starting point for your project. Situated on a spacious lot, the property has ample room for additional units, making it an ideal investment for future expansion. Plus, with Texas A&M just a few miles away, there's significant potential for attracting student tenants and increasing rental demand. Whether you're planning to renovate or add extra units, this property offers endless possibilities in a thriving part of town. Don't miss out on this opportunity to grow your portfolio!

Type:
Apartment
Sq.Ft.:
4,004
Status:
Active
Beds:
8
Lot size:
0.35 Acres
Year built:
1986
Baths:
6.00
MLS#:
20717821
Subdivision:
Taylor W J Add # I

ADDITIONAL INFORMATION

Exciting investment opportunity in an expanding college town! This 6-plex apartment complex, conveniently located within walking distance of Texas A&M Commerce, features two 2-bedroom, 1-bath units, two 1-bedroom, 1-bath units, & two Efficiency units w 1-bath each. All units have been updated with new floor covering, Paint, New efficiency Windows, New Stoves, New Refrigerators, Garbage disposals. New Plumbing to complex. Quadplex has all new plumbing redone under slab. New shut off values to all four units. Duplex has new plumbing inside and new cleanout drain to exterior and also has new Tankless water heater installed. All new appliances in kitchen, and new stackable washer-dryers. Duplex with new mini splits (2 per unit). All new siding and paint to both Quadplex and Duplex. Ideal for savvy investors seeking a property with attractive upgrades and stable tenant appeal. Don't miss out on this prime real estate opportunity! All units are currently occupied and waiting for new owner!

Type:
Fourplex
Sq.Ft.:
5,354
Status:
Active
Beds:
9
Lot size:
0.32 Acres
Year built:
1984
Baths:
6.00
MLS#:
20710529
Subdivision:
North Side Add

ADDITIONAL INFORMATION

SUBTO AND 0% INTEREST SELLER FINANCE OPTIONS AVAILABLE! Donât miss your opportunity to get a killer deal on this quadruplex in Commerce. The interior of each unit has been updated with new floors and paint. The roof was replaced in 2019, and 6 out of the 8 HVAC units are new. Great buy and hold opportunity with many big ticket items already taken care of. This property MUST be sold fast, seller considering ALL OFFERS!

Type:
Duplex
Sq.Ft.:
1,792
Status:
Active
Beds:
4
Lot size:
0.22 Acres
Year built:
1920
Baths:
2.00
MLS#:
20706591
Subdivision:
Prim Add

ADDITIONAL INFORMATION

Best location in Commerce, this duplex offers 1,792 square feet, 896 per side, each with its own unique charm & character! Great investment potential! Ideally situated on a corner lot within WALKING DISTANCE to Texas A&M Commerce campus & new restaurants. With its prime location, this property is perfect for students, faculty, or anyone looking to be near the heart of the community! UPDATES: 1 YEAR METAL ROOF, ALL NEW WINDOWS, 3 YEAR ELECTRICAL ON B SIDE, 1 YEAR ELECTRICAL ON A SIDE: WIRING & PANEL, HWH 6 YEARS, NEWER WOOD FENCING & NEWER PLUMBING. The duplex features two separate units, each with 2 bedrooms, 1 bathroom, eat in kitchen, living area, original hardwood floors & full size w&d hookups. Fenced back yard with shade & a small slab for storage shed or a pergola! Excellent opportunity for rental income or a flexible living arrangement. Whether you're seeking a solid investment or a place to call home, this property offers endless possibilities in a vibrant, growing area.

Type:
Apartment
Sq.Ft.:
6,720
Status:
Active
Beds:
16
Lot size:
0.41 Acres
Year built:
1976
Baths:
8.00
MLS#:
20589290
Subdivision:
Orig Town Of Commerce

ADDITIONAL INFORMATION

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!

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Andrea D. Conner, License 521381, Xome Inc., License 9002330, [email protected], 844-400-XOME (9663), 750 Highway 121 Bypass, Suite 100, Lewisville, Texas 75067


The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of the NTREIS Multiple Listing Service. Real estate listings held by brokerage firms other than this broker are marked with the Broker Reciprocity logo and detailed information about them includes the name of the listing brokers. ©2024 North Texas Real Estate Information Systems



Commerce Real Estate

The median home value in Commerce, TX is $88,900. This is lower than the county median home value of $114,300. The national median home value is $219,700. The average price of homes sold in Commerce, TX is $88,900. Approximately 30.18% of Commerce homes are owned, compared to 50.16% rented, while 19.66% 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 8,847. Commerce is less family-centric than the surrounding county with 29.5% of the households containing married families with children. The county average for households married with children is 31.69%.

The median household income in Commerce, Texas is $22,429. The median household income for the surrounding county is $49,319 compared to the national median of $57,652. The median age of people living in Commerce is 24.8 years.

Commerce Weather

The average high temperature in July is 96.4 degrees, with an average low temperature in January of 32.7 degrees. The average rainfall is approximately 45.1 inches per year, with 1 inches of snow per year.

Commerce Real Estate Market Conditions

  • Median sales price

    N/A
  • # Active listings

    118
    30-day change

Commerce Schools and Demographics

Education near Commerce, TX

Metric City County
High School Graduates 86.39 84.49
College Degree - 2 year 4.17 6.9
College Degree - 4 year 32.79 19.08
Graduate Degree 12.63 5.33
Expenditures per Student 11,814 9,581
Students per Teacher 12.8 13

Elementary Schools near Commerce, TX

School Grades Students P/T Ratio ZIP
Albert C Williams Elementary School 03 - 05 332 13.9 75428
Campbell Elementary PK - 05 179 12.8 75422
Commerce Elementary School PK - 02 452 15.8 75428
Fannindel Elementary PK - 05 94 9.1 75469
Wolfe City Elementary School PK - 05 303 15.3 75496

Middle Schools near Commerce, TX

School Grades Students P/T Ratio ZIP
Commerce Middle School 06 - 08 333 12.7 75428
Wolfe City Middle School 06 - 08 155 12.8 75496

High Schools near Commerce, TX

School Grades Students P/T Ratio ZIP
Campbell High School 06 - 12 198 10.8 75422
Commerce High School 09 - 12 437 13.4 75428
Fannindel High School 06 - 12 79 8.6 75449
Wolfe City High School 09 - 12 168 10.7 75496

Ungraded Schools near Commerce, TX

School Grades Students P/T Ratio ZIP
Summitt House KG - 12 0 75428

Demographics near Commerce, TX

Metric City County
Neighborhood Type Suburban
Population 8,847 90,322
Population Density 1,062 108
Median Age 24.8 37.9
People per Household 2.4 2.8
Median Household Income 22,429 49,319
Average Income per Capita 14,688 23,942