2300 Live Oak St Commerce, TX 75428
- Residential income homes
- 900 SF
- 1.25 lot acres
Current Use by Public Records
- Residential income homes
Property Details for 2300 Live Oak St
- Year built
- 1980
- Lot size
- 1.25 lot acres
- Property size
- 900 SF
- Property type
- Residential income homes
- Property subtype
- Dormitories
- APN
- 36095
Description
This exceptional investment opportunity presents eight charming, cottage-style apartments situated on a spacious 1.25-acre lot at 2300 Live Oak St, Commerce, TX 75428. Built in 1980, this single-story complex boasts a total of 7,200 square feet (900 sq ft per unit), offering a compelling blend of residential comfort and potential for expansion. Each unit features a three-bedroom, one-bathroom layout, providing ample living space for residents. The property's convenient location near Texas A&M University-Commerce makes it highly attractive to students, faculty, and staff, ensuring consistent occupancy. The surrounding area offers a variety of amenities, including nearby shops, restaurants, grocery stores, cafes, medical facilities, and pharmacies, enhancing the desirability of this location. The property's existing infrastructure provides a solid foundation for continued success, with the added benefit of potential for future development, as the site allows for the addition of another unit. This well-maintained property presents a rare opportunity to acquire a profitable multifamily investment in a thriving Texas community. The property's APN is 36095. This is a turnkey operation ideal for an investor seeking immediate cash flow and long-term growth potential.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Commerce
- County
- Hunt
- State
- Texas
- Longitude
- -95.917667000417
- Latitude
- 33.247456450756
