Listing provided courtesy of Compass RE Texas, LLC- MLS# 20864913MLS ProviderContact Information: John Holmes - 214-395-1183

0000 Earl StreetCommerce, TX 75428

Vacant Land · 4.97 Acres
$175,000 Active

0000 Earl Street Overview

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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.

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0000 Earl Street Facts & Features

  • Type Vacant Land
  • Lot 4.97 Acres

Details

General

Association/HOA

  • Association: No

School Information

  • School District: Commerce ISD
  • Elementary School: Commerce
  • Middle Or Junior School: Commerce
  • High School: Commerce

Location/Region

  • Country: US
  • County Or Parish: Hunt
  • Postal City: COMMERCE
  • Subdivision Name: Jernigan Willam

General Information

  • Parcel Number: 38612
  • Property Sub Type: Improved Land
  • Property Type: Land

Interior

Exterior

Lot Information

  • Lot Features: Acreage,Many Trees,City Lot
  • Lot Size Acres: 4.966
  • Lot Size Area: 4.966
  • Lot Size Square Feet: 216318.96
  • Lot Size Units: Acres
  • Water Source: Public

General Information

  • Sewer: Public Sewer
  • Utilities: Overhead Utilities,Sewer Available,Water Available

Schools

School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

0000 Earl Street Monthly Cost

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* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

0000 Earl Street Market Data

Based on the last 30 days in this zip code

$352,520
Average List Price
$144
Average Price per Square Foot
10
Properties Sold
386
Average Days on Market
155
Properties for Sale
Calculations provided by Reliance Network


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