0000 EARL STREET, COMMERCE, TX 75428

Homes for sale in Commerce.

Homes for sale in 75428.


Active

List Price$195,000

0000 Earl Street

Commerce, TX 75428

Listing Image Listing Image Listing Image Listing Image Listing Image Listing Image Listing Image

Listing #20864913

4.97

Acres

Lots / Land

Type

About This Property

Prime Development Opportunity in Commerce, TX - 4.966 Acres (2 lots being sold as 1) Exceptional development opportunity awaits in Commerce with this expansive 4.966-acre property consisting of two combined lots. This versatile land parcel offers tremendous potential for various development scenarios including residential subdivisions, multifamily housing, or a spectacular custom home with amazing space. The property boasts strategic positioning with excellent access to major thoroughfares, ensuring convenient connectivity throughout the city. Located within walking distance to local restaurants, retail establishments, and East Texas A&M University, this land offers the perfect blend of convenience and opportunity. Investors and developers will appreciate the prime location that appeals to students, faculty, and local residents alike. This lot is situated within an Opportunity Zone, a federal program established by the 2017 Tax Cuts and Jobs Act to encourage long-term investment in economically distressed communities. ? Investors can benefit from capital gains tax incentives when they reinvest in Qualified Opportunity Funds that support development in these zones.

Property Features

Location Information

County

Hunt

Subdivision

Jernigan Willam

Interior Features

Has Fireplace

No

Exterior Features

Utilities

Overhead Utilities, Sewer Available, Water Available

Zoning

Residential. Contact P&Z with questions: 903- 8

Lot Description

Acreage, Many Trees, City Lot

Is One Story

No

Lot Size in Acres

4.966

Lot Description

Acreage, Many Trees, City Lot

Lot Size in Sq. Ft.

216,318

School

Elementary School District

Commerce ISD

Jr. High School

Commerce

Elementary School

Commerce

High School

Commerce

Additional Information

Property Type

LL

Status

Active

Property SubType

Improved Land

Has a Home Owners Association

No

Similar Listings

Mortgage Calculator

$909

per month

30 Year Fixed. 3.52% Interest Rate.

Principal + Interest

$702

Monthly Tax

$162

Monthly Insurance

$45

yrs

%

$

$

Based on a fully amortized fixed rate loan. Ask your agent for the tax rates in your area. Insurance estimate is based on an average cost, your final premium cost will be determined by the type of coverage you select. This program only provides an estimate.

Schools

Walk Score

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