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5487 Fm 512, Commerce, TX, 75428

$375,000

Home List Price

$4,453*

Closing Credit

3 Bedrooms
2 Full Baths
2,149 SqFt
$175/SqFt
House

Location

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5487 Fm 512, Commerce$375,000

Buyer Closing Credits

$4,453*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingAdditional Parking, Circular Driveway, Carport, Drive Through, Detached Carport, Gravel
Year Built1985
HeatingCentral, Electric, Propane, Wall Furnace
CoolingCentral Air, Electric
FireplaceDecorative, Den, Masonry
MLS #20778823
Lot Size2.00 Acres
StatusActive

About 5487 Fm 512

Step into true secluded country living when you enter the gate of this property. Mature Bradford pair trees line the driveway of this beautiful ranch style home. Home is located on a 1.99 acre tract right off FM 512. This home features two living areas with a wood burring fireplace in the living room, large den, large master bedroom with separate tub, shower, and double sink. Detailed pan ceilings add that custom look on the living room, dining area, and master bedrooms. Outside, the views of the rolling hills are spectacular. In addition to those views, there is a 2400 sq ft insulated heated and cooled shop guesthouse with a full bathroom, 4 covered parking spaces, an observatory shed for stargazing, and two additional sheds for additional storage and a pole barn. The back yard also features a swimming pool with a large covered patio out the back door. Also, note that propane has been added to the main home with a wall heater for backup during power outages. You must see this property to appreciate all it has to offer.

Property Details

Property Features

Property Information:

  • Architectural Style: Ranch, Detached
  • Year Built: 1985
  • Living Area: 2,149 SqFt

Listing Office:

  • Office Name: Century 21 First Group
  • Office Phone: (254) 292-0783
  • Listing Agent: Brett Hall

Interior Features

Interior Information:

  • Appliances: Dishwasher, Electric Range, Disposal
  • Basement: No
  • Flooring Type: Carpet, Ceramic Tile, Luxury Vinyl, Luxury VinylPlank, Tile, Wood
  • Interior: Built-in Features, Granite Counters, Open Floorplan, Pantry, Vaulted Ceiling(s)
  • Fireplace: Decorative, Den, Masonry

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 3

Exterior Features

Parking Information:

  • Attached Garage: No
  • Parking: Additional Parking, Circular Driveway, Carport, Drive Through, Detached Carport, Gravel

Virtual/3D Tour

  • Virtual Tour: 5487 Fm 512
Virtual Tour

Lot Features

Lot Information:

  • Lot: Back Yard, Lawn, Many Trees
  • Lot Size: 2.00 Acres

Utilities

Utilities Information:

  • Heating: Central, Electric, Propane, Wall Furnace
  • Cooling: Central Air, Electric

Other

Directions Information:

  • Directions: Please use GPS, address is on the mailbox and driveway is lined with Bradford Pair Trees.

Price Information

Listing Price Info

Price Summary:

  • List Price: $375,000
  • Price Per SqFt: $175/SqFt

Tax Information:

  • Annual Amount: $2,471
  • Tax Year: 2021
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Housing Market Comparison

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

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Commerce, TX

City

Med. List Price

$217.5K

Med. Price/SqFt

$128

Avg. Days On Market

73

# of Sold Homes

6

5487 Fm 512 vs Commerce

32 DAYS ON ROCKET

-41 Days

$375,000

+$157.5K More

$175/SqFt

+$47 More

KEY TAKEAWAY

This property is $157.5K more than the Median List Price and $47/SqFt more than other homes in Commerce, TX.

Based on homes listed in the last 12 months

MLS Details

MLS Information:

  • MLS Name: NTR
  • MLS Number: #20778823

Listing Office:

  • Office Name: Century 21 First Group
  • Office Phone: (254) 292-0783
  • Listing Agent: Brett Hall

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: 12/21/2024, 8:21:02 PM 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$2,471$204,390
2020$3,544$171,191
2019$2,795$134,998
2018$2,795$122,240
2017$3,008$129,943

History based on county public records data.

Payment Calculator

$1,939

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,191

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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-784911
2
/10

  • Albert C Williams Elementary School

  • 615 Culver St

  • 6.98 miles

  • Public District Grades 3-5

school-card-donut-784912
2
/10

  • Campbell Elementary School

  • 480 N Patterson St

  • 8.12 miles

  • Public District Grades PK-5

school-card-donut-784913
4
/10

  • Wolfe City Elementary School

  • 505 W Dallas St

  • 8.41 miles

  • Public District Grades PK-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $59,504. The majority of Commerce, TX residents have income between $35k-100k annually. The majority of families are single, no kids. The most common level of education of people living in this area is high school diploma.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 5487 Fm 512

What is the listing price of this property?

The listing price of 5487 Fm 512 property is $375,000.

What type of property is this?

The property 5487 Fm 512 is a house located in Commerce, Texas, 75428.

Is this property for sale now?

Active Listing: 5487 Fm 512 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 $2,471 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 5487 Fm 512 has 3 bedrooms and 2 bathrooms.

What is the square footage of this property?

The property 5487 Fm 512 is 2,149 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 5487 Fm 512 is 1985.

Rocket Homes›Texas›Hunt County›Commerce›75428›5487 Fm 512

This home is located at 5487 Fm 512 in Commerce, TX and zip code 75428. This 2,149 square foot home, which was built in 1985, sits on a 2.00 acre lot. Features: 3 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since November 19, 2024 and is currently priced at $375,000.

The inventory of homes for sale in Commerce, TX between October 2024 and November 2024 decreased by 2.3%. The median list price of listings available in November 2024 was $217,500, while the average time on the real estate market was 73 days.

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

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