Last 24 Hours
$125,000
3040 Choctaw Rd, Commerce, TX, 75428
$162,500 ARV
On Market
Just Added
4 Beds
3 Bath
2,226 Sq Ft
Single Family Residence
$56.15 / sqft
Built in 1976Property Lead Type:
Deal ListARV FlipAbsentee OwnerHigh EquityCash Buyers
Highlights
Interior
Bedrooms 4
Bathrooms 3
Indoor Fireplace
Garage Available
Heating Central
CoolingAppliancesGas Oven
Exterior
Lot Size12,201 sqft
Building Information
Year Built1976
Stories1
Roof Type105
Garage Spaces2
Land Information
APN3618-0000-0370-31
Lot Number37
SubdivisionIndian Creek Addition #4
Land UseResidential
Legal DescriptionS3618 INDIAN CREEK ADDITION #4 LOT 37 ACRES .2801
Census Tract960500
Assessed Land Value$45,140
Assessed Improvement Value$172,450
Assessment Year2025
About this property
This 4 bedroom, 3 full bath home offers 2,226 square feet with a 2-car attached garage. Built in 1976, it has a solid layout and plenty of space but needs updating and repairs, making it a great chance for investors, rehabbers, or buyers ready to add sweat equity and build value. Bring your vision and make it your own. The property is being sold AS IS, and the seller will make no repairs. Buyer to verify all information, including schools and measurements. Zoned to Commerce ISD. Close to Commerce shopping, dining, and Texas A&M University-Commerce. Schedule your showing today!
Investor Tools
$0Estimated Mortgage Balance
$260,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)*
$162,500
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,560 /month
Positive
Cash Flow Estimate:
$520 /month
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ContactFinancing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$581/month
No HOA
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,676
$217,590
2025
$45,140
$172,450
$217,590
Yes (2023)
Tax History
Year
Tax Paid
Assessed Value
2025
$5,676
$217,590
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$260,000
100%
0%
$0/mo
12.4%