0000 Earl Street, Commerce, TX 75428

Land
Built in ——
4.97acre lot
—— car garage
$——/sqft
Listed 4 months ago

Property Description

Prime Development Opportunity in Commerce, TX - 4.966 Acres (2 lots being sold as 1) Exceptional development opportunity awaits in Commerce with this expansive 4.966-acre property consisting of two combined lots. This versatile land parcel offers tremendous potential for various development scenarios including residential subdivisions, multifamily housing, or a spectacular custom home with amazing space. The property boasts strategic positioning with excellent access to major thoroughfares, ensuring convenient connectivity throughout the city. Located within walking distance to local restaurants, retail establishments, and East Texas A&M University, this land offers the perfect blend of convenience and opportunity. Investors and developers will appreciate the prime location that appeals to students, faculty, and local residents alike. This lot is situated within an Opportunity Zone, a federal program established by the 2017 Tax Cuts and Jobs Act to encourage long-term investment in economically distressed communities. ? Investors can benefit from capital gains tax incentives when they reinvest in Qualified Opportunity Funds that support development in these zones.

Listing Status:: Active
Listing Office:: Compass RE Texas, LLC : 214-814-8100
Listing Agent:: John Holmes : 214-395-1183
MLS ID:: 20864913

Originating MLS: NTR
School District: Commerce ISD
County: Hunt

This listing courtesy of John Holmes, Compass RE Texas, LLC

Monthly Payment

$Est. Payment

Principal & Interest $
Property Taxes $
Home Insurance $
VA Funding Fee $

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Location

Schools Nearby

Commerce Elementary School

2900 FM 3218, Commerce, TX, 75428

Grades PK-2

1.88 miles away

Commerce Middle School

606 Culver St, Commerce, TX, 75428

Grades 6-9

1.57 miles away

Commerce High School

3800 Sregit Dr, Commerce, TX, 75428

Grades 9-12

1.19 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.