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Renovation-Required 4-Plex Property

1309 Park Street Commerce, TX 75428

1309 Park Street, Commerce, TX, 75428
$125,000
For Sale
Claim this Listing
$125,000

MULTI_FAMILY - Commerce, TX

Property Size3,000 SF
Lot Size0.43 Acres
Price / SF$41.67
AddedJun 8
Days on Market39
Last RefreshJul 16 at 4:06 am

Property Features for 1309 Park Street

General Information

Property type
Residential Multi Family
Property subtype
Other
Bedrooms
7
Bathrooms
4
Rooms
Bedroom 3, Bedroom 5, Bedroom 7, Bathroom 1, Bedroom 4, Bedroom 1, Bathroom 3, Bathroom 4, Bedroom 2, Bathroom 2, Bedroom 6
Parking
8
Parking features
Driveway
Patio and Porch features
Porch
Standard status
Active
APN
54282
Size
3,000 SF
Lot size
0.43 Acres

Taxes and HOA fees

Tax Description
S4380 ORIG TOWN OF COMMERCE BLK 11 LOT 4 ACRE
Tax Annual Amount
4111

Utilities

Sewer type
Public Sewer
Water source
Public

Building Details

Year built
1940
Floors in Building
1
Number of units
4
Building materials
Frame, WoodSiding
Roof type
Composition

Listing agent Ted Laramore License #0600269

Listing office eXp Realty, LLC Austin, TX

Listing date Jun 8, 2026

MLS# 21280035 Listing URL

Copyright © 2026 North Texas Real Estate Information Systems, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.


Investment Insights

Based on property information with market context.

This for-sale 4-plex is approximately 3,000 square feet and has been completely gutted to the studs, requiring a full renovation. The unit mix consists of one 3-bedroom, 1-bath unit and three 1-bedroom, 1-bath units. With the interior removed to the structural level, the property is positioned for buyers who plan significant improvements or who prefer to rework the existing configuration.

The property is located at 1309 Park Street in Commerce, in Hunt County, TX. It is described as being near East Texas A&M University, and the listing notes an area of major redevelopment and revitalization.

This is best suited for investors, builders, or developers prepared for a comprehensive renovation scope, including the level of work indicated by the “gutted to the studs” condition. Conventional financing is noted as unsuitable, so buyers should plan accordingly. For those who can execute a full rehab or consider redevelopment, the existing 4-plex structure and unit layout provide a straightforward starting point for re-positioning the property.

Key Highlights

  • Approximately 3,000 SF 4‑plex with one 3 bed, 1 bath unit and three 1 bed, 1 bath units
  • Property has been completely gutted to the studs and will require a full renovation
  • Built in 1940 with frame construction and wood siding

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Quadplexes

Suggested Use

Real Estate Agency Law Firm Parking Lot & Garage Electrical Service (Bike/Boat/Book/etc) Store Garden Center Carpet & Flooring Store (Bike/Boat/Book/etc) Store Veterinary Clinic Plumbing Service

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Quadplex - Gutted to the studs 4-plex offers a clear path for renovation or redevelopment in Commerce, TX.
Where is this quadplex located?
The property is located at 1309 Park Street Commerce, TX.
What is the asking price?
The asking price for this property is $125,000.
What are key features of this property?
This property features: Approximately 3,000 SF 4‑plex with one 3 bed, 1 bath unit and three 1 bed, 1 bath units; Property has been completely gutted to the studs and will require a full renovation; Built in 1940 with frame construction and wood siding
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More about this property
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