3 months on rocket

437 Commerce St, Palacios, TX, 77465

$380,000

Home List Price

$4,513*

Closing Credit

5 Bedrooms
2 Full Baths, 1 Partial
3,208 SqFt
$118/SqFt
House

Location

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437 Commerce St, Palacios$380,000

Buyer Closing Credits

$4,513*

1.25% Loan Amount

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Property Highlights

Home TypeOther
ParkingOff Street
Year Built1933
HeatingCentral
CoolingCentral Air, Ceiling Fan(s)
WaterfrontNone
ViewCity, Water
MLS #3964731
Lot Size0.05 Acres
StatusActive

About 437 Commerce St

This remarkable two-story building in the historical district of Palacios, Texas, has been completely renovated and offers a prime opportunity for multi-generational living or for an investment with options to live in one unit & rent the other, short-term or long-term rentals. On the lower level, you will find two bedrooms and one bath with an oversized commercial-style kitchen and dining space. It also includes a private patio at the back, offering beautiful views of Tres Palacios Bay. The upper level has a modern look, boasting three spacious bedrooms with one full bath and one-half bath. This level also has its own private balcony at the back, providing stunning views of Tres Palacios Bay. Property is currently a successful short-term rental on Airbnb, all furnishings are negotiable to make this a move- in ready or turn-key revenue investment property. Don't miss out on this prime investment opportunity. Schedule a showing today and seize your chance to capitalize a piece of downtown Palacios just minutes away from the bay fishing piers, Palacios Bay Beach, South Bay Marina, and all the great shops and eats on Main St!

Property Details

Property Features

Property Information:

  • Year Built: 1933
  • Stories: 2
  • Living Area: 3,208 SqFt

Listing Office:

  • Office Name: Prism Realty
  • Office Phone: (512) 609-8098
  • Listing Agent: Eddie Greene

Interior Features

Interior Information:

  • Appliances: Cooktop, Dishwasher, Electric Range, Electric Water Heater, Range, Refrigerator
  • Flooring Type: Carpet, Concrete, Vinyl
  • Interior: Beamed Ceilings, Open Beams/Beamed Ceailings, Ceiling Fan(s), Crown Molding, Entrance Foyer, Eat-in Kitchen, Granite Counters, High Ceilings, Interior Steps, Multiple Living Areas, Multiple Primary Suites, Open Floorplan, Recessed Lighting, Tile Counters

Bedroom and Bathroom Information:

  • Partial Bathrooms: 1
  • Full Bathrooms: 2
  • Total Bedroom Count: 5

Exterior Features

Exterior Information:

  • Private Pool: No
  • Waterfront: None
  • View: City, Water
  • Exterior: Balcony, No Exterior Steps

Parking Information:

  • Parking: Off Street

Lot Features

Lot Information:

  • Lot: Zero Lot Line
  • Lot Size: 0.05 Acres

Utilities

Utilities Information:

  • Heating: Central
  • Cooling: Central Air, Ceiling Fan(s)

School Info

Assigned Schools Information:

  • Palacios High School, Public District Grades 9-12
  • East Side Intermediate School, Public District Grades 4-6
  • Palacios Jr High School, Public District Grades 7-8

Other

Directions Information:

  • Directions: From Main Street turn south on 4th or 5th St., go one block to Commerce St. Property located between 4th St and 5th St on Commerce.

Price Information

Listing Price Info

Price Summary:

  • List Price: $380,000
  • Price Per SqFt: $118/SqFt

Tax Information:

  • Annual Amount: $3,108
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in Palacios, TX.

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Palacios, TX

City

Med. Sold Price

$243.8K

Med. Price/SqFt

$197

Avg. Days On Market

16

# of Sold Homes

2

437 Commerce St vs Palacios

110 DAYS ON ROCKET

+94 Days

$380,000

+$136.1K More

$118/SqFt

-$79 Less

KEY TAKEAWAY

This property is $136.1K more than the Median Sold Price and $79/SqFt less than other homes in Palacios, TX.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: ACTRIS
  • MLS Number: #3964731

Listing Office:

  • Office Name: Prism Realty
  • Office Phone: (512) 609-8098
  • Listing Agent: Eddie Greene

IDX Based on information from the Austin Board of REALTORS® (alternatively, from ACTRIS or Unlock MLS®). All information provided is deemed reliable but is not guaranteed and should be independently verified. The Austin Board of REALTORS®, ACTRIS, Unlock MLS and their affiliates provide the MLS and all content therein “AS IS” and without any warranty, express or implied. The information included in this listing is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data maintained by the Board, ACTRIS or Unlock MLS may not reflect all real estate activity in the market. Prices displayed on all Sold listings are the Last Known Listing Price and may not be the actual selling price.

Copyright 2024 Unlock MLS and Austin Central Texas Realty Information Services, Inc.

IDX Listings courtesy of Unlock MLS as distributed by MLS GRID.

All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.


Data displayed may be a portion of, and not a complete set of all listings published in the MLS.


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Last updated on: 11/5/2024, 9:20:48 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2020$3,108$107,660
2019 - $110,470
2018$2,962$105,900
2017$2,123$75,920

History based on county public records data.

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$1,964

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,206

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Middle School

school-card-donut-1987773
5
/10

  • East Side Intermediate School

  • 901 2nd St

  • 0.53 miles

  • Public District Grades 4-6

school-card-donut-1987774
5
/10

  • Palacios Jr High School

  • 200 Shark Dr

  • 1.52 miles

  • Public District Grades 7-8

High School

school-card-donut-1987775
4
/10

  • Palacios High School

  • 100 Shark Dr

  • 1.68 miles

  • Public District Grades 9-12

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $39,971. Most Palacios, TX residents have annual incomes between $35k-100k. Typical family type is single, no kids. Most residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 437 Commerce St

What is the listing price of this property?

The listing price of 437 Commerce St property is $380,000.

What type of property is this?

The property 437 Commerce St is a house located in Palacios, Texas, 77465.

Is this property for sale now?

Active Listing: 437 Commerce St is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 437 Commerce St are:
East Side Intermediate School: GreatSchools Rating 5/10
Palacios Jr High School: GreatSchools Rating 5/10
Palacios High School: GreatSchools Rating 4/10

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $3,108 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 437 Commerce St has 5 bedrooms and 2 full and 1 half bathrooms.

What is the square footage of this property?

The property 437 Commerce St is 3,208 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 437 Commerce St is 1933.

Rocket Homes›Texas›Matagorda County›Palacios›77465›437 Commerce St

This home is located at 437 Commerce St in Palacios, TX and zip code 77465. This 3,208 square foot home, which was built in 1933, sits on a 0.05 acre lot. Features: 5 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since July 17, 2024 and is currently priced at $380,000.

In October 2024, from all listings sold in Palacios, TX there were more than 0 sold above asking price, over 2 sold below and more than 0 were sold right at the asked price. The number of homes for sale in Palacios, TX increased by 11.1% between September 2024 and October 2024. In October 2024, listings were on the market for 16 days. During the same period, the median list price in this real estate market was $243,850.

From Rocket Homes Real Estate and based on county public records data.

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