Known historically as The Knight Ranch, this beautiful acreage has been passed from one generation to another since 1877 and is now being offered for sale! Currently in agricultural exemption, this land has been cultivated for crops and hay in past years. Cattle have grazed the property and recently been relocated. The land has been used as a recreational hunting property for deer and hogs by the owners. Property perimeter is barbed wire and is cross-fenced. Mature trees and wildlife abound. Enjoy country living just 2 miles from downtown Commerce and outside of city limits and a 1 hour drive from downtown Dallas. Opportunities for this property abound including making it a homestead, a working farm or ranch, subdividing for multiple properties, or developing for residential or commercial use.
Directions: Use GPS to get to 116 Maple Street (Zurn Pex Inc.). Go north on FM4513, cross railroad tracks, & property is on the right. Gate will be near the sign one-eighth mile past RR tracks.
Price Information
Listing Price Info
Price Summary:
List Price: $1,950,000
What can I afford?
Understand what home price range makes sense for your budget.
Housing Market Comparison
See how this home compares to others in Commerce, TX.
Last updated on: 12/4/2024, 3:20:53 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Property Sales & Tax
We're sorry, we currently don't have sales or tax history data for this listing.
Payment Calculator
Calculate your estimated monthly expenses for this listing. Play with the values below to better understand your monthly payment and utilities.
$9,800
Per Month
Principal & Interest
$9,733
Home PriceThe dollar amount you pay for the home.
$
Interest RateMortgage interest rates fluctuate, but they're typically in the 5% to 9% range. Your rate will be calculated based on personal details including your credit score.
%
Down PaymentThe initial money paid at closing that is usually a percentage of the purchase price. Most loans require at least 3% down, but a 0% down payment may be possible if you're eligible for a VA or USDA loan.
$%
Loan TermThis is how long you'll pay on the loan. A longer term gives you smaller payments, while a shorter term saves you money on interest.
Property Taxes
$0
Property Taxes -Annual CostEvery homeowner pays taxes to their local government based on their home's value and the property tax rates for the county or city. Most areas charge property taxes semiannually.
$/ Year
Mortgage Insurance
$0
Mortgage Insurance -Monthly PremiumMortgage insurance helps secure a mortgage with a lower down payment. It typically costs 0.1% - 2% of your loan amount per year.
$/ Month
Homeowners Insurance
$67
Homeowners Insurance -Monthly PremiumMost homeowners pay about $1,000 a year for homeowners insurance, but the cost varies based on your location, home and coverage.
$/ Month
Homeowners Association (HOA)
$0
Homeowners Association -Monthly FeesHomeowners Association (HOA) fees can range from $30 per month to $500+ per month. Be sure to ask your agent about HOA fees on a home as it can impact your affordability or check the online home listing.
$/ Month
Utilities
$0
Utilities - Monthly CostYou'll need to budget for utilities as a homeowner, which typically includes water and sewer, gas and electric, internet and cable. Cost will depend on your location and the size of your home. On a monthly basis, Americans pay $239 - $442 per month.
$/ Month
Recommended Financing
30-Year Fixed
Rate/APR
7.5% / 6.68%
Total Monthly Payment
$5,913
Powered By
Advertisement
NMLS#3030
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.
We're sorry, we currently don't have assigned school data for this listing.
Nearby Schools
2
/10
Albert C Williams Elementary School
615 Culver St
Distance between this listing and this school1.49 miles
Public District Grades 3-5
2
/10
Campbell Elementary School
480 N Patterson St
Distance between this listing and this school8.39 miles
Public District Grades PK-5
3
/10
Cumby Elementary School
201 Donelton St
Distance between this listing and this school8.59 miles
Public District Grades PK-5
Nearby Schools
3
/10
Commerce Middle School
606 Culver St
Distance between this listing and this school1.42 miles
Public District Grades 6-9
4
/10
Cooper Jr High School
823 FM 1528
Distance between this listing and this school12.70 miles
Public District Grades 6-8
6
/10
Wolfe City Middle School
553 W Dallas St
Distance between this listing and this school13.69 miles
Public District Grades 6-8
Nearby Schools
3
/10
Commerce High School
3800 Sregit Dr
Distance between this listing and this school2.81 miles
Public District Grades 9-12
5
/10
Campbell High School
480 N Patterson St
Distance between this listing and this school8.39 miles
Public District Grades 6-12
5
/10
Cumby High School
106 Sayle St
Distance between this listing and this school8.47 miles
The neighbors living near this home have an average income of $37,045. Residents of Commerce, TX typically earn between $35k-100k each year. Most families are single, 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 TBD000 County Rd 4513
What is the listing price of this property?
The listing price of TBD000 County Rd 4513 property is $1,950,000.
What type of property is this?
The property TBD000 County Rd 4513 is land located in Commerce, Texas, 75428.
Is this property for sale now?
Active Listing: TBD000 County Rd 4513 is For Sale (Active/New) which means the seller is accepting offers.
How much acreage is this property?
The property TBD000 County Rd 4513 is 197.74 acres.
Interested in TBD000 County Rd 4513? Let's connect.
By checking this box and submitting your personal information, you agree to our Terms of Use and Privacy Policy. You also expressly consent to having Rocket Homes Real Estate LLC, its Family of Companies, Rocket Homes Network Partners, and potentially our mortgage partners contact you about your inquiry by text message or phone (including automatic telephone dialing system, AI voice, or an artificial or prerecorded voice) to the residential or cellular telephone number you have provided, even if that telephone number is on a corporate, state, or national Do Not Call Registry. You do not have to agree to receive such calls or messages as a condition of getting any services from Rocket Homes Real Estate, LLC or its partners. By communicating with us by phone, you consent to calls being recorded and monitored. You also agree that we can share your personal data and contact information with third parties such as mortgage partners, partner companies, and affiliates, and that these parties may use your personal data and contact information for marketing and analytic purposes, and to improve your experience.
This home is located at TBD000 County Rd 4513 in Commerce, TX and zip code 75428. This home sits on a 197.74 acre lot. It has been listed on Rocket Homes since December 02, 2024 and is currently priced at $1,950,000.
Between October 2024 and November 2024, Commerce, TX real estate market has seen decrease in the number of listings by 2.3%. Listings spent 73 days on the market in November 2024, and had a median list price of $217,500 during the same period.
From Rocket Homes Real Estate and based on county public records data.