Development Land Opportunity Near
Caddo Commerce, TX 75428
For Sale
$175,000
LAND - Commerce, TX
Lot Size4.97 Acres
Days on Market60
Property Features for Caddo
General Information
- Property type
- Land
- Property subtype
- Other
- Standard status
- Active
- APN
- 70312
- Lot size
- 4.97 Acres
Utilities
- Sewer type
- Public Sewer
- Water source
- Public
Listing Agency:
Compass RE Texas, LLC
(214) 814-8100
Listed By:
John Holmes · License #0464497
(214) 814-8100
Added: May 26
Changed: Jun 8
Last Checked: Jul 24 at 1:06AM
MLS# 20864728
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Investment Insights
Based on property information with market context.
This development land opportunity comprises 4.966 acres sold as two lots combined into one parcel, providing room for a range of project types. The flexibility supports planning for a residential subdivision, multi-family housing, or a custom home concept that benefits from the additional space. For developers and investors, the single combined tract can simplify site planning and long-range project layout decisions.
The property is located in Commerce, Texas, with access to major thoroughfares that support convenient connectivity throughout the city. It is also described as being within walking distance to local restaurants and retail, as well as East Texas A&M University. The location is positioned to appeal to students, faculty, and area residents, adding to its development appeal.
This parcel is well suited to buyers looking for an adaptable hold-and-develop strategy, whether the goal is building multiple homes, creating a multi-family offering, or pursuing a higher-end custom build. The listing also notes the land is situated within an Opportunity Zone, a federal program intended to encourage long-term investment in economically distressed communities. Investors may be able to explore capital gains tax incentives by reinvesting into Qualified Opportunity Funds that support development in these zones.
The property is located in Commerce, Texas, with access to major thoroughfares that support convenient connectivity throughout the city. It is also described as being within walking distance to local restaurants and retail, as well as East Texas A&M University. The location is positioned to appeal to students, faculty, and area residents, adding to its development appeal.
This parcel is well suited to buyers looking for an adaptable hold-and-develop strategy, whether the goal is building multiple homes, creating a multi-family offering, or pursuing a higher-end custom build. The listing also notes the land is situated within an Opportunity Zone, a federal program intended to encourage long-term investment in economically distressed communities. Investors may be able to explore capital gains tax incentives by reinvesting into Qualified Opportunity Funds that support development in these zones.
Key Highlights
- 4.966‑acre land parcel made up of 2 lots sold together in Commerce, TX
- Public water and public sewer available
- Located in an Opportunity Zone (federal program established by the 2017 Tax Cuts and Jobs Act)
Property Analytics
Location Intelligence
Current Use by Public Records
Residential land & home ...
FAQs
What type of property is this?
Residential land & home lot - Nearly five acres combine two lots, offering flexible residential or multi-family development near major thoroughfares and East Texas A&M.
Where is this residential land & home lot located?
The property is located at Caddo Commerce, TX.
What is the asking price?
The asking price for this property is $175,000.
What are key features of this property?
This property features: 4.966‑acre land parcel made up of 2 lots sold together in Commerce, TX; Public water and public sewer available; Located in an Opportunity Zone (federal program established by the 2017 Tax Cuts and Jobs Act)
