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$250,000

207 Commerce St, Cumby, TX, 75433

On MarketInfo
Just AddedInfo
Beds2 Beds
Baths1 Bath
Baths1,055 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$236.97 / sqft
Year BuiltBuilt in 1911

Property Lead Type:

Absentee OwnerHigh EquityCash Buyers

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms 1Bathrooms 1
AppliancesWater Purifier, Gas Range, Tankless Water Heater, Vented Exhaust Fan
FlooringHardwood

Exterior

Lot Size31,929 sqft

Building Information

Year Built1911

Land Information

APNR000000771
Land UseResidential
Legal DescriptionACRES: 0.733 LOT: PT 4 & ALL 5 BLK: 25 TOWN: CUMBY
Census Tract950200
Assessed Land Value$23,750
Assessed Improvement Value$172,640
Assessment Year2025

About this property

Step back in time without giving up modern-day updates. Built in 1911 and extensively restored in 2021, this one-of-a-kind property sits on approximately 0.73 acres and is filled with character you simply can’t recreate. The main home offers approximately 1,050 sq. ft., with original inspired details including hardwood flooring, antique-style lighting, shiplap ceilings with matching crown molding, custom windows and a Douglas Fir bungalow-style front door. A three-sided wraparound porch and additional deck space create an inviting extension of the home. The restoration went far beyond cosmetics, with updated electrical and plumbing, a 3-ton HVAC system, commercial-grade metal roofing, added insulation, structural repairs, including joists and ceiling rafters, Hardie Plank siding, and replacement windows. The home also features two manually operated gas heaters for an additional heat source during power outages. And the main house is only part of what makes this property special. A separate approximately 220 sq. ft. one-bedroom, one-bath guest cottage provides additional flexible space and was designed with accessibility in mind. The historic blacksmith shop and its adjoining wings were also restored, including a plant shed with electricity 50 amp, running water, sink and skylights. A large metal carport, horseshoe drive, flagstone pathways and established landscaping with sprinklers to complete the property. Historic charm, substantial restoration and multiple usable structures all on one unique East Texas property.

Investor Tools

$0Estimated Mortgage Balance
$246,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,500 /month
Positive
Cash Flow Estimate:
$500 /month

Interested in this property?

Jess Buchanan

Century 21 First Group

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$216/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,367
$196,390
2025
$23,750
$172,640
$196,390
No

Tax History

Year
Tax Paid
Assessed Value
2025
$1,367
$196,390

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$246,000
100%
0%
$0/mo

City: Cumby

207 Commerce St | Property Details | No Agent List