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Mixed-Use Property Across From University
New
For Sale
$549,500

2006 MONROE, Commerce, TX 75428

Fully occupied commercial and residential building with shared outdoor space and rear-access parking.

Property Size5,440 SF
Price / SF$101.01
Days on Market2

Property Features for 2006 MONROE

General Information

Standard status Active
Size 5,440 SF
Total Parking Spaces 8
Property subtype Multifamily
Occupancy 100%

Units

Unit Mix 1 x studio, 1 x 2BR/2BA
Multifamily Units 2

Additional Details

Road Access Yes

Amenities

common terrace patio

Building Details

Year Built 1960
Tenancy Multi
Listing Agency: Century 21 First Group
Listed By: LQ Marshall · License #0592977
Source: Lonestarluxuryrealty
Added: Sep 1 Last Checked: Sep 1 at 8:24PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Century 21 First Group

Investment Insights

Based on property information with market context.

Built in 1960, this 5,440-square-foot mixed-use property combines a business tenancy on the main floor with two occupied residential units. The first-floor studio includes a living area, kitchen, bedroom area, and full bathroom. An upstairs apartment provides two bedrooms, two full bathrooms, a kitchen, living room, and dining area within more than 1,200 square feet of living space.

The property is directly across the street from East Texas A&M University and is currently 100% occupied. A shared terrace patio serves the occupants, while the parking lot accommodates up to 8 vehicles and includes a rear entrance from the street.

Key Highlights

  • 5,440‑square‑foot mixed‑use property built in 1960
  • Directly across the street from East Texas A&M University
  • 100% occupied with a main‑floor business tenant and 2 residential units

Property Analytics

Current Use

Duplexes

Suggested Use

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

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

2
Residential units
100%
Occupancy
Multi-tenant
Tenancy
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

612
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
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Frequently Asked Questions

What type of property is this?
Mixed-use property - Fully occupied commercial and residential building with shared outdoor space and rear-access parking.
Where is this mixed-use property located?
The property is located at 2006 MONROE Commerce, TX.
What is the asking price?
The asking price for this property is $549,500.
What are key features of this property?
This property features: 5,440‑square‑foot mixed‑use property built in 1960; Directly across the street from East Texas A&M University; 100% occupied with a main‑floor business tenant and 2 residential units
More about this property
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