Commerce, TX 75428 703 Maple Street
$999,995
34 more
Presented By: Debbie Wold with Exit Realty Pro; 903-567-7777
Beds • 16
Baths • 16
SQFT • 5,624
Home Details
Looking for an investment in a growing college town that doesn't have enough housing for all the students? Here is your opportunity for a set of 4 mini dorms on one parcel that is easy to manage and market in Commerce just 1.5 miles from East Texas A&M. Each building has approximately 1400 square foot with a common living and kitchen space and 4 seperate ensuites with nice roomy bedrooms and bathrooms with walk in showers and walk in closets. The buildings were arranged on a large lot so there is ample parking space in front of each unit for tenants on a large concrete entrance and parking pad. Each unit has electric range, microhood, dishwasher, refridgerator, stackable washer and dryer and gas tankless water heaters. 2 of the buildings were built in 2019 and the other 2 were completed in 2020. They feature polished concrete floors, granite countertops in kitchen and bathrooms. Each ensuite has a locking knob for tenant privacy. Tenants pay for high speed internet and there are options available for each unit.
Presented By: Debbie Wold with Exit Realty Pro; 903-567-7777
Interior Features for 703 Maple Street
Bedrooms
Total Bedrooms16
Bathrooms
Half Baths0
Total Baths16
Other Interior Features
Air Conditioning Y/NYes
Basement (Y/N)No
Fireplace Y/NNo
FlooringConcrete
Heating Y/NYes
Interior AmenitiesCathedralCeilings, EatInKitchen, GraniteCounters, HighSpeedInternet, OpenFloorplan, CableTv, VaultedCeilings, WalkInClosets
Total Fireplaces
Window FeaturesWindowCoverings
General for 703 Maple Street
AccessibilityAccessibleBedroom, AccessibleDoors
Additional Parcels Y/NNo
AppliancesDishwasher, ElectricRange, Disposal, GasWaterHeater, Refrigerator, VentedExhaustFan
Attached Garage No
AttributionContact903-567-7777
Cap Rate7.66
Carport Y/NNo
CityCommerce
Construction MaterialsFiberCement
CoolingCentralAir, CeilingFans, Electric
CountyHunt
DirectionsFrom northbound Hwy 24 turn right on 178, left on Pecan, right on Maple. Units are on the right there is no sign on property.
Electric On Property Y/NNo
Elementary SchoolCommerce
Elementary School DistrictCommerce ISD
Energy EfficientConstruction, Hvac, Insulation
Full Baths16
Garage Spaces0.0
Garage Y/NNo
Gross Income134400.0
HOANo
HeatingCentral, Electric
High SchoolCommerce
High School DistrictCommerce ISD
Home Warranty Y/NNo
Insurance Expense11040.0
Land Lease Y/NNo
Lease Considered Y/NNo
Lease Renewal Y/NNo
Legal DescriptionS4380 ORIG TOWN OF COMMERCE BLK 72 LOT 3-5 AC
LevelsOne
Lot Size Square Feet32757.12
Lot Size UnitsAcres
Middle/Junior High SchoolCommerce
Middle/Junior School DistrictCommerce ISD
MobileHomeRemainsYNNo
ModificationTimestamp2025-03-11T19:10:31.893-00:00
Net Operating Income76560.0
New ConstructionNo
Number Of Units Total4
Occupancy TypeTenant
Patio/Porch FeaturesCovered
Pool FeaturesNone
PossessionCloseOfEscrow
Property Attached Y/NNo
Property Sub Type AdditionalQuadruplex
Property SubtypeQuadruplex
Property TypeResidentialIncome
Rent Control Y/NNo
RoofComposition
Security FeaturesOther
Senior Community Y/NNo
SewerPublicSewer
Standard StatusActive
StatusActive
Stories1
Subdivision NameOrig Town Of Commerce
Tax Annual Amount21468.0
Tax Lot3
UtilitiesElectricityConnected, NaturalGasAvailable, SewerAvailable, SeparateMeters, UndergroundUtilities, WaterAvailable, CableAvailable
Virtual TourClick here
Waterfront Y/NNo
Year Built2019
Year Built DetailsPreowned
Exterior for 703 Maple Street
Building Area Total5624.0
Covered Spaces0.0
Crops Included Y/NNo
FencingNone
Foundation DetailsSlab
Horse Y/NNo
Irrigation Water Rights Y/NNo
Lot FeaturesLevel
Lot Size Acres0.752
Lot Size Area0.752
Number of Buildings4
Open Parking Y/NYes
Parking FeaturesConcrete, Driveway, KitchenLevel, OnSite, Open, Outside, ParkingPad, Private
Road Surface TypeAsphalt
SpaNo
Total Parking20.0
Water SourcePublic
Additional Details
Price History
Schools
Elementary School
Commerce Elementary School
High School
Commerce High School
Middle School
Commerce Middle School
