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Quadplex Requiring Full Renovation
For Sale
$125,000

1309 Park Street, Commerce, TX 75428

ResidentialIncome, Commerce, TX

Property Size3,000 SF
Lot Size0.43 Acres
Price / SF$41.67
Days on Market84

Property Features for 1309 Park Street

General Information

Property type Residential Multi Family
Property subtype Quadruplex
Bedrooms 7
Bathrooms 4
Full bathrooms 4
Rooms Bedroom 3, Bedroom 6, Bathroom 1, Bedroom 7, Bedroom 1, Bathroom 2, Bedroom 5, Bedroom 2, Bedroom 4, Bathroom 4, Bathroom 3
Parking 8
Parking features Driveway
Patio and Porch features Porch
Subdivision Orig Town Of Commerce
Elementary school Commerce
Middle school Commerce
High school Commerce
Elementary school district Commerce ISD
Middle school district Commerce ISD
High school district Commerce ISD
Directions See GPS
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
Legal Description S4380 ORIG TOWN OF COMMERCE BLK 11 LOT 4 ACRE

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 Agency: eXp Realty, LLC
Listed By: Ted Laramore · License #0600269
Added: Jun 8 Changed: Aug 19 Last Checked: Aug 30 at 3:06PM
MLS# 21280035

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 four-unit residential property at 1309 Park Street in Commerce, Texas, contains approximately 3,000 square feet within a structure built in 1940. The unit mix includes one 3-bedroom, 1-bath residence and three 1-bedroom, 1-bath residences. The building has been gutted to the studs and requires a complete renovation, making it unsuitable for conventional financing.

The property sits on approximately 0.429 acres near East Texas A&M University. Existing improvements include frame construction with wood siding, a composition roof, a porch, and driveway parking. Public water and public sewer serve the property.

Key Highlights

  • Four‑unit property with one 3‑bedroom, 1‑bath unit and three 1‑bedroom, 1‑bath units
  • Approximately 3,000 square feet on approximately 0.429 acres
  • Gutted to the studs and requiring a complete renovation

Property Analytics

Current Use

Quadplexes

Suggested Use

Top Pick Real Estate Agency Law Firm Parking Lot & Garage Electrical Service (Bike/Boat/Book/etc) Store Garden Center

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

4
Residential units

Location Intelligence

Trade Area within ½ mile

459
Businesses Nearby

Demographics for 75428, TX

11,192
Population
4,616
Households
2.4
Avg Household Size
28
Median Age
23%
College-Educated
85%
High-School Grad
92.9 sq mi
ZIP Area
120
Density / Sq Mi
$48,372
Median Household Income
$23,299
Median Earnings
$910
Median Rent
$145,600
Median Home Value

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Quadplex - Four-unit residential property near East Texas A&M University with public water and sewer service.
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: Four‑unit property with one 3‑bedroom, 1‑bath unit and three 1‑bedroom, 1‑bath units; Approximately 3,000 square feet on approximately 0.429 acres; Gutted to the studs and requiring a complete renovation
More about this property
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