505 Oak St Commerce, TX 75428
Estimated payment $905/month
About This Home
Welcome to this beautifully refreshed 3-bedroom, 1-bath home offering 1,008 sq ft of comfortable living space. Recently updated with a new roof and foundation repairs, this home is move-in ready.
Step inside to an inviting open layout with abundant natural light, fresh flooring, and neutral tones throughout. The kitchen features modern cabinetry, sleek countertops, and a subway tile backsplash—perfect for everyday cooking or entertaining guests.
Each bedroom provides a cozy retreat with ample space, while the bathroom has been updated with clean finishes. Outside, the spacious yard is ready for your personal touch—ideal for gatherings, gardening, or simply relaxing.
$2,500 Towards closing cost on full price offer if close by November 30.
Conveniently located near schools, shopping, and dining, this home is a fantastic opportunity for first-time buyers, investors, or anyone looking for affordable living in Commerce.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $1,546
Year Built
- Built in 2003
Lot Details
- 7,013 Sq Ft Lot
- Chain Link Fence
- Cleared Lot
- Few Trees
Home Design
- Shingle Roof
Interior Spaces
- 1,008 Sq Ft Home
- 1-Story Property
- Eat-In Kitchen
Bedrooms and Bathrooms
- 3 Bedrooms
- 1 Full Bathroom
Parking
- On-Site Parking
- Outside Parking
Schools
- Commerce Elementary School
- Commerce High School
Community Details
- North Side Add Subdivision
Listing and Financial Details
- Legal Lot and Block 5 / 7
- Assessor Parcel Number 52861
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $1,546 | $114,270 | $20,790 | $93,480 |
| 2024 | $1,546 | $73,650 | $20,790 | $52,860 |
| 2023 | $1,546 | $49,990 | $16,170 | $33,820 |
| 2022 | $1,266 | $45,490 | $8,050 | $37,440 |
| 2021 | $2,003 | $69,280 | $6,650 | $62,630 |
| 2020 | $1,896 | $63,170 | $2,100 | $61,070 |
| 2019 | $1,485 | $47,810 | $2,100 | $45,710 |
| 2018 | $1,193 | $38,040 | $2,100 | $35,940 |
| 2017 | $1,026 | $32,890 | $2,100 | $30,790 |
| 2016 | $975 | $31,250 | $2,100 | $29,150 |
| 2015 | $601 | $20,360 | $2,100 | $18,260 |
| 2014 | $601 | $18,670 | $2,100 | $16,570 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 08/15/2025 08/15/25 | For Sale | $147,000 | 0.0% | $146 / Sq Ft |
| 06/27/2025 06/27/25 | Off Market | -- | -- | -- |
| 05/22/2025 05/22/25 | Price Changed | $147,000 | -10.9% | $146 / Sq Ft |
| 04/25/2025 04/25/25 | Price Changed | $165,000 | -8.3% | $164 / Sq Ft |
| 02/18/2025 02/18/25 | For Sale | $180,000 | -- | $179 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Trustee Deed | $15,076 | None Listed On Document | |
| Deed | $22,000 | None Available | |
| Vendors Lien | -- | None Available | |
| Warranty Deed | -- | None Available |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $55,400 | Seller Take Back |
Source: North Texas Real Estate Information Systems (NTREIS)
MLS Number: 20847489
APN: 52861
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
Listing information provided in part by the North Texas Real Estate Information Systems, Inc, for personal, non-commercial use by viewers of this site and may not be reproduced or redistributed. All information is deemed reliable but not guaranteed. Copyright © NTREIS 2025. All rights reserved
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