LOT SIZE 4.966 acres
MLS#20864728
STATUSActive
PROPERTY TYPELand - Residential
SUBDIVISIONOrig Town of Commerce
SCHOOLCommerce ISD
Property Description
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, multi-family 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
Property Type: Land - Residential
Lot Size: 4.97 Acres
Feature Descriptions
Days on Site: 364
Lot: Acreage, Interior Lot, Irregular Lot, Many Trees
Parcel#: 70312
Utilities: Asphalt, City Sewer, City Water, Electricity Available, Overhead Utilities
Local Schools
Elementary School: Commerce
School District: Commerce ISD
Listed By / Shown By
Listed By
Agency Name: Compass RE Texas, LLC
Agency Contact: 214-395-1183
Agent Name: John Holmes
Shown By
Agent Name: Russell Cox
Agent Phone: Cell: (254) 717-6447
Agency Title: Kelly, Realtors
Estimate Your Payment
Estimated Payment
$ 490.86 per month $433.99 Principal & Interest $0.00 Property Tax (data not provided by mls) $56.88 Homeowner's InsuranceChange Payment Information
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0000 Caddo | MLS# 20864728
This land located at 0000 Caddo, Commerce, TX 75428 is currently listed for sale with an asking price of $195,000. The property has approximately 4.97 Acres. Caddo is located within the Commerce ISD school district. Search Commerce real estate on www.254sale.com today.