0000 EARL STREET, COMMERCE, TX 75428
Homes for sale in Commerce.
Homes for sale in 75428.
List Price$195,000
0000 Earl Street
Commerce, TX 75428
Listing #20864913
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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