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5485 Fm 1563, Commerce, TX, 75428

$195,000

Home List Price

$2,316*

Closing Credit

4 Bedrooms
2 Full Baths
1,649 SqFt
$118/SqFt
House

Location

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5485 Fm 1563, Commerce$195,000

Buyer Closing Credits

$2,316*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingDoor-Multi, Driveway, Garage Faces Front, Garage, Garage Door Opener, Inside Entrance
Attached Garage2 spaces
Year Built1980
HeatingNatural Gas
CoolingCentral Air, Ceiling Fan(s), Electric
MLS #20779814
Lot Size0.78 Acres
StatusActive

About 5485 Fm 1563

Country living just a short 10 minutes from all the amenities in Commerce. Hard to find 4 bedroom, two bath brick home on nearly 1 acre under $200k. Recent improvements, newer aerobic system, newer solar windows still under warranty, new AC & Heat system this year, new luxury vinyl plank floor and new carpet this year, freshly painted, new exterior paint on door & fascia this year, power washed exterior, and new privacy fence for huge back yard. More land outside of fence with trees and nice picnic area. Prior foundation work prior to current owner purchasing in 2015. Fridge, washer & dryer stay free of charge. Priced to move! Bring your family and enjoy the peace & quiet.

Property Details

Property Features

Property Information:

  • Architectural Style: Ranch, Detached
  • Year Built: 1980
  • Living Area: 1,649 SqFt

Listing Office:

  • Office Name: CENTURY 21 Patterson Agency
  • Office Phone: (903) 455-9414
  • Listing Agent: Annette Weiland

Interior Features

Interior Information:

  • Appliances: Other, Dryer, Dishwasher, Gas Cooktop, Disposal, Gas Oven, Gas Water Heater, Ice Maker, Plumbed for Gas, Refrigerator, Washer
  • Basement: No
  • Flooring Type: Carpet, Ceramic Tile, Luxury Vinyl, Luxury VinylPlank, Vinyl
  • Interior: High Speed Internet, Paneling/Wainscoting

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 4

Exterior Features

Parking Information:

  • Garage Space: 2 spaces
  • Attached Garage: Yes
  • Parking: Door-Multi, Driveway, Garage Faces Front, Garage, Garage Door Opener, Inside Entrance

Virtual/3D Tour

  • Virtual Tour: 5485 Fm 1563
Virtual Tour

Lot Features

Lot Information:

  • Lot: Back Yard, Lawn, Landscaped, Level
  • Lot Size: 0.78 Acres

Utilities

Utilities Information:

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

Other

Directions Information:

  • Directions: I-30 East from Greenville to exit #101 for Commerce-Campbell. Go through Commerce past East Texas A&M University, get in right lane and exit Hwy 11, turn left toward Wolfe City about 7 miles. Turn right in Community of Fairlie on FM 1563, to house on right, sign in yard.

Price Information

Listing Price Info

Price Summary:

  • List Price: $195,000
  • Price Per SqFt: $118/SqFt

Tax Information:

  • Annual Amount: $2,372
  • Tax Year: 2021
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Housing Market Comparison

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

Med. List Price

$224.5K

Med. Price/SqFt

$128

Avg. Days On Market

73

# of Sold Homes

8

5485 Fm 1563 vs Commerce

1 DAY ON ROCKET

-72 Days

$195,000

-$29.5K Less

$118/SqFt

-$10 Less

KEY TAKEAWAY

This property is $29.5K less than the Median List Price and $10/SqFt less than other homes in Commerce, TX.

Based on homes listed in the last 12 months

MLS Details

MLS Information:

  • MLS Name: NTR
  • MLS Number: #20779814

Listing Office:

  • Office Name: CENTURY 21 Patterson Agency
  • Office Phone: (903) 455-9414
  • Listing Agent: Annette Weiland

IDX ©2024 North Texas Real Estate Information Systems. All rights reserved. The database information herein is provided from and copyrighted by the North Texas Real Estate Information Systems, Inc. NTREIS data may not be reproduced or redistributed and is only for people viewing this site. All information provided is deemed reliable but is not guaranteed and should be independently verified. The advertisements herein are merely indications to bid and are not offers to sell which may be accepted. All properties are subject to prior sale or withdrawal. All rights are reserved by copyright.
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: 11/17/2024, 9:20:55 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
2021$2,372$141,460
2020$2,712$130,980
2019$2,535$121,979
2018$2,536$110,890
2017$2,422$104,610

History based on county public records data.

Payment Calculator

$1,041

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$651

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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.

Nearby Schools

school-card-donut-413603
2
/10
  • Albert C Williams Elementary School

  • 615 Culver St

  • 6.81 miles

  • Public District Grades 3-5

school-card-donut-413604
4
/10
  • Wolfe City Elementary School

  • 505 W Dallas St

  • 7.77 miles

  • Public District Grades PK-5

school-card-donut-413605
3
/10
  • Fannindel Elementary School

  • 409 W Main St

  • 10.27 miles

  • Public District Grades PK-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $63,141. The majority of Commerce, TX residents have income between $35k-100k annually. Typical family type is married, no kids. Typical level of education for residents in this area is high school diploma.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 5485 Fm 1563

What is the listing price of this property?

The listing price of 5485 Fm 1563 property is $195,000.

What type of property is this?

The property 5485 Fm 1563 is a house located in Commerce, Texas, 75428.

Is this property for sale now?

Active Listing: 5485 Fm 1563 is For Sale (Active/New) which means the seller is accepting offers.

What is the annual property tax for this property?

According to the records, the last property tax for 2021 is $2,372 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 5485 Fm 1563 has 4 bedrooms and 2 bathrooms.

What is the square footage of this property?

The property 5485 Fm 1563 is 1,649 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 5485 Fm 1563 is 1980.

Rocket HomesTexasHunt CountyCommerce754285485 Fm 1563

This home is located at 5485 Fm 1563 in Commerce, TX and zip code 75428. This 1,649 square foot home, which was built in 1980, sits on a 0.78 acre lot. Features: 4 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since November 17, 2024 and is currently priced at $195,000.

Between September 2024 and October 2024, Commerce, TX real estate market has seen increase in the number of listings by 8.9%. Listings spent 73 days on the market in October 2024, and had a median list price of $224,500 during the same period.

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

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