This exceptional investment property has been converted to three well-maintained rental units, two of which are currently leased, providing immediate rental income. Each unit is designed for student living, offering rooms at $650 each—an all-inclusive price and comes fully furnished with stylish furniture and smart TVs. The market average rent for similar rooms is $800, making this an attractive opportunity for investors. The property includes an updated kitchen and bathrooms, smart locks on doors, enabling secure, remote management, and is set up with three bedrooms and 1.5 bathrooms, ideal for student tenants. The property is walking distance to East Texas A&M University. Additionally, the property boasts a **lifetime foundation warranty**, offering long-term peace of mind. With a professional maintenance crew and management already in place, this property requires minimal effort for day-to-day operations, making it a truly hands-off investment. Don’t miss the chance to expand your portfolio with this prime, well-positioned, fully-equipped student rental property that promises solid returns and hassle-free ownership.
For sale
$154,000
2001 Washington St, Commerce, TX 75428
3beds
1,502sqft
Est.:
Single Family Residence
Built in 1964
5,837.04 Square Feet Lot
$150,600 Zestimate®
$103/sqft
$-- HOA
What's special
- 39 days
- on Zillow |
- 451 |
- 19 |
Zillow last checked: 7 hours ago
Listing updated: March 18, 2025 at 05:10am
Listed by:
Shatto Coleman 0644234 972-822-7129,
Coleman Realty Associates 972-822-7129
Source: NTREIS,MLS#: 20868703
Travel times
Tour with a buyer’s agent
Tour with a buyer’s agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 2
- Full bathrooms: 1
- 1/2 bathrooms: 1
Primary bedroom
- Level: First
Bedroom
- Level: First
Bedroom
- Level: First
Living room
- Level: First
Heating
- Other
Cooling
- Central Air
Appliances
- Included: Dishwasher, Disposal, Microwave
Features
- Other
- Has basement: No
- Has fireplace: No
- Fireplace features: None
Interior area
- Total interior livable area: 1,502 sqft
Video & virtual tour
Property
Parking
- Total spaces: 1
- Parking features: Detached Carport, Driveway
- Carport spaces: 1
Features
- Levels: One
- Stories: 1
- Pool features: None
Lot
- Size: 5,837.04 Square Feet
Details
- Parcel number: 81635
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Detached
- Property subtype: Single Family Residence
- Attached to another structure: Yes
Materials
- Foundation: Other, Slab
Condition
- Year built: 1964
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Electricity Available, Sewer Available, Water Available
Community & HOA
Community
- Subdivision: Taylor W J Add # I
HOA
- Has HOA: No
Location
- Region: Commerce
Financial & listing details
- Price per square foot: $103/sqft
- Tax assessed value: $151,670
- Annual tax amount: $3,399
- Date on market: 3/18/2025
- Road surface type: Asphalt
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