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$139,000 Just Listed
Property Description
Investor special in the heart of rapidly growing Commerce, TX. This approximately 3,000 sq ft 4-plex features one 3 bed, 1 bath unit and three 1 bed, 1 bath units. The property has been completely gutted to the studs and will require a full renovation, making it unsuitable for conventional financing. Located near East Texas A&M University and within an area experiencing major redevelopment and revitalization, this property offers exceptional upside potential. Whether you choose to renovate the existing structure or start fresh with new development, the opportunity is there. Perfect for investors, builders, or developers looking to capitalize on the growth and transformation happening throughout Commerce.
Full Property Details
Full Property Details for 1309 Park St
General
- Price: $139,000
- Taxes: $4,111
- Status: Active
- Type: Multi-Family
- Source: NTREIS
- MLS ID: 21280035
- Updated: 5/23/2026
- Added to Site: 3 day(s) ago
Interior
- Interior Features: Other
- Flooring: Other
Rooms
Bathrooms
- Total Bathrooms: 4
- Full Bathrooms: 4
Bedrooms
- Total Bedrooms: 7
Exterior
- Porch/Patio/Deck: Front Porch
Parking
- Total Spaces: 8
- Parking Features: Driveway
Location
- County: Hunt
- Subdivision: Orig Town Of Commerce
- Driving Directions: See GPS
School Information
- Elem School District: Commerce ISD
- Midd School District: Commerce ISD
- High School District: Commerce ISD
- Elementary School: Commerce
- Middle School: Commerce
- High School: Commerce
Heating & Cooling
- Cooling Type: Other
- Heating Type: Other
Utilities
- Sewer: Public Sewer
- Water: Public
- Utility Description: Sewer Available, Water Available
Structural Information
- # Buildings: 1
- Detached/Attached: Detached
- Construction: Frame, Wood Siding
- Roof: Composition
- Stories/Levels: 1
- Square Feet: 3,000
- Sq. Ft. Source: Owner
- Living Area: 3,000 Sq. Ft.
- Year Built: 1940
Lot Features
- Lot Size (Acres): 0.429
- Lot Size (Sq. Ft.): 18,687.24
- Fencing (Description): Metal, Wood
Financial Considerations
- Tax Amount: $4,111
- Terms: Cash, 1031 Exchange
Disclosures and Reports
- Legal Description: S4380 ORIG TOWN OF COMMERCE BLK 11 LOT 4 ACRE
- Exclusions: none
- Property ID: 54282
- Block: 11
- Lot Number: 4
Listed by eXp Realty, LLC, Ted Laramore
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Schools
Schools serving 1309 Park St
School District:Commerce Independent School District
| Name | Grades | Distance |
|---|---|---|
Albert C Williams Elementary School 615 Culver Street, Commerce, TX 75428 | 3-5 | 1.2 mi |
Commerce Elementary School 2900 Fm 3218, Commerce, TX 75428 | PK-2 | 1.4 mi |
Commerce Middle School 606 Culver Street, Commerce, TX 75428 | 6-10 | 1 mi |
Commerce High School 3800 Sregit Drive, Commerce, TX 75428 | 9-12 | 1.6 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 1309 Park St
Date
Details
Price
Change
Source
5/23/2026
Listed
$139,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 1309 Park St
Year
Property Taxes
Change
Tax Assessment
Change
2024
$4,111
-28%
$136,070
-15%
2023
$5,724
—
$159,470
-28%
2023
$5,724
48%
$220,980
59%
2022
$3,872
1%
$139,170
1%
2021
$3,852
10%
$137,910
14%
2020
$3,505
19%
$121,240
28%
2018
$2,941
13%
$94,660
14%
2017
$2,602
1%
$83,000
—
2016
$2,589
-1%
$83,000
2%
2015
$2,616
-8%
$81,730
-14%
2019
$2,849
8%
$94,900
16%
2014
$2,627
3%
$81,620
2%
2013
$2,546
—
$80,330
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 1309 Park St
1309 Park Street, Commerce, TX 75428 (MLS# 21280035) is a Multi-Family property with 4 units containing 7 bedrooms and 4 full bathrooms. 1309 Park Street is currently listed for $139,000 and was received on May 23, 2026. Want to learn more about 1309 Park Street? Do you have questions about finding other Multi-Family real estate for sale in Commerce? You can browse all Commerce real estate or contact a Coldwell Banker agent to request more information.
