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$725,000   Price Analysis
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2002 Washington St
Commerce, TX 75428
16 bed 8 bath 6,720 SqFt ($107/SqFt)
0.41 acre lot. Built 1976
Listed 2024-04-17, Taxes $6,425		✓ USDA Eligible
near Commerce, TX
 Restrictions may apply
due to home size

Exciting investment opportunity in a bustling college town!

This 8-plex apartment complex, conveniently located near Texas AandM 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 property with attractive upgrades and stable tenant appeal. Don't miss out on this prime real estate opportunit y!


Presented by Ashley Hammons at
At Home Texas Real Estate.
Listing Agent Photo

Property MLS #20589290 from NTREIS

Bedrooms: 16

Total Bathrooms: 8
Full Bathrooms: 8

Cable TV Available
Granite Counters
Open Floorplan
Flooring: Luxury Vinyl Plank

Electric Range
Refrigerator

Cooling Features: Ceiling Fan(s), Central Air, Electric
Heating Features: Central, Electric

Lot Size Acres: 0.414
Lot Size Square Feet: 18034

Parking Features: Common, On Site, Parking Lot

Association: No
Calculated Total Monthly Association Fees: 0
Association Name: Wasington St Apartments

Number of Buildings: 2

Elementary School: Commerce
High School: Commerce
Middle School: Commerce
School District: Commerce ISD

Commerce Middle School is a public middle school located approximately 0.8 miles away.
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Albert C Williams Elementary School is a public elementary school located approximately 1 miles away.
directions icon Map directions

Commerce High School is a public high school located approximately 1.5 miles away.
directions icon Map directions

Gross Income: 69500.00

Source Listing Status: Active
County: Hunt
Directions: From Culver St, turn onto Washington and property will be on the right
Source Property Type: Residential Income
Source Neighborhood: Orig Town Of Commerce
Parcel Number: 70126
Subdivision: Orig Town Of Commerce
Property Subtype: Apartment
Source System Name: C2C

YearAssessments
Building + Land
Total		Tax
2022$202,900 + $28,030
$230,930		$6,425
2021$215,580 + $13,250
$228,830		$6,392
2020$217,730 + $13,250
$230,980		$6,676
2019$190,630 + $12,740
$203,370		$6,104
2018$185,800 + $6,620
$192,420		$5,978
2017$144,910 + $6,620
$151,530		$4,750
2016$144,910 + $6,620
$151,530		$4,726
2015$142,360 + $9,170
$151,530		$4,850
2014$142,360 + $9,170
$151,530		$4,877
2013$131,906 + $9,170
$141,076		$4,470
2012$125,188 + $9,170
$134,358		$4,240
2011$125,188 + $9,170
$134,358		$4,217
2010$118,790 + $9,170
$127,960		$4,013
2009$118,790 + $9,170
$127,960		$3,721
2008$118,790 + $9,170
$127,960		$3,772
2007$108,640 + $7,640
$116,280		$3,428

Price Changed 2024-06-13
$725,000
NTREIS
Listed 2024-04-17
$850,000
NTREIS
Sold 2023-03-30
$0
Public Record

Year Built: 1976
Building Area Total: 6720
Construction Materials: Construction: Brick
Foundation Details: Slab
Levels: One
Property Age: 48
Roof: Shake
Year Built Details: Preowned

Utilities: All Weather Road, City Sewer, City Water, Electricity Connected, Overhead Utilities
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The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.