Development Land Opportunity Near
For Sale
$175,000
Caddo, Commerce, TX 75428
Land, Commerce, TX
Property SizeContact for details
Lot Size4.97 Acres
Days on Market92
Property Features for Caddo
General Information
Property type
Land
Property subtype
Other
Zoning description
Residential. Contact P&Z with questions: 903-886-1101
Subdivision
Orig Town of Commerce
Lot features
Acreage, Interior Lot, Irregular Lot, Many Trees, City Lot
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
Live Oak to W. Neal St. Left on Neal. Lot is at the intersection of Neal and Caddo.
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) 395-1183
Added: Jun 8
Changed: Aug 31
Last Checked: Sep 7 at 6:06AM
MLS# 20864728
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 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
Current Use
Location Intelligence
Trade Area within ½ mile
542
Businesses Nearby
Explore this area
Business Placement
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
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Commercial land - Nearly five acres combine two lots, offering flexible residential or multi-family development near major thoroughfares and East Texas A&M.
Where is this commercial land 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)
