NOT LISTED FOR SALE

7908 Fm 118 Commerce, TX 75428

Estimated Value: $275,000 - $315,977

2 Beds
1 Bath
960 Sq Ft
$308/Sq Ft Est. Value

Last Sold May 03, 2023

Current estimated payment $1,734/month

22 Days on Market

Highlights

  • Converted Barn or Barndominium
  • 10.02 Acre Lot
  • 1 Stock Tank or Pond
  • RV Hookup
  • Deck
  • Vaulted Ceiling

About This Home

As of May 2023

Beautiful Barndominium finished out in 2021 with stainless steel appliances, granite countertops, and gorgeous views! Property features over 10 acres with a fire pit with outdoor lighting, 432 sq ft deck on the back of the home, and cute covered porch on the front. Bring your animals! There is a 12x12 horse shelter, good pasture (has had hay baled off it for many years) with pond and many mature trees! 30 AMP RV hook up with sewer for guests to come stay! There is an internet tower on property to provide broadband internet and the Property is currently Ag Exempt! Multiple home sites for building a custom home on the 10 acres! This is a Texas Dream at a super price! Bring your best offer quick, this one will not last!!!

Last Agent to Sell the Property

Melanie Watson

National Agent Network License #0762211 Listed on: 03/22/2023

Last Buyer's Agent

Allie Beth Allman

Allie Beth Allman & Assoc. License #0229822

Allie Beth Allman & Assoc.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,638

Year Built

  • Built in 2021

Lot Details

  • 10.02 Acre Lot
  • Barbed Wire

Parking

  • RV Hookup

Home Design

  • Slab Foundation
  • Metal Roof
  • Metal Siding

Interior Spaces

  • 960 Sq Ft Home
  • 1-Story Property
  • Vaulted Ceiling
  • Concrete Flooring

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher
  • Granite Countertops
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Outdoor Features

  • Deck
  • Outdoor Storage
  • Front Porch

Schools

  • Commerce Elementary And Middle School
  • Commerce High School

Farming

  • 1 Barn
  • 1 Stock Tank or Pond
  • Agricultural Exemption
  • 1 Residence

Horse Facilities and Amenities

  • Horses Allowed On Property
  • Converted Barn or Barndominium

Utilities

  • Cooling Available
  • Heating Available
  • Electric Water Heater
  • Aerobic Septic System

Listing and Financial Details

  • Assessor Parcel Number 11700080003030
  • $1,885 per year unexempt tax

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,638

Year Built

Built in 2021

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Barndominium
  • Structural Style: Single Detached
  • Unit Levels: One
  • Year Built Details: Preowned
  • Multi Parcel I D Y N: No
  • Municipal Utility District Y N: No
  • Notice Surveillance Devices Pres: None
  • Will Subdivide: No
  • Accessibility Features Yn: No
  • Agricultural Exemption YN: Yes
  • Horse Permitted Y N: Yes
  • Attribution Contact: 903-533-1659
  • Special Features: NewHome
  • Year Built: 2021

Interior Features

  • Square Footage: 960.00
  • Interior Amenities: Granite Counters, Vaulted Ceiling(s)
  • Flooring: Concrete
  • Appliances: Dishwasher, Disposal, Electric Range, Electric Water Heater, Microwave, Other
  • Basement YN: No
  • Number Of Dining Areas: 1
  • Room Count: 1

Beds/Baths

  • Full Bathrooms: 1
  • Total Bedrooms: 2

Exterior Features

  • Pool: No
  • Foundation: Slab
  • Fencing: Barbed Wire
  • Roof: Metal
  • Construction Materials: Metal Siding
  • Exterior Features: RV Hookup, Stable/Barn, Storage
  • Number Of Tanks And Ponds: 1
  • Patio And Porch Features: Deck, Front Porch

Garage/Parking

  • Cooling System: Electric, Other
  • Parking Features: Other
  • Attached Garage YN: No
  • GarageYN: No

Utilities

  • Heating: Electric, Other
  • Utilities: Aerobic Septic

Condo/Co-op/Association

  • Association Type: None

Schools

  • School District: Commerce ISD
  • Elementary School: Commerce
  • Middle School: Commerce
  • High School: Commerce
  • School District: Commerce ISD
  • Elementary School: Commerce

Lot Info

  • PropertyAttachedYN: Yes
  • Lot Size: 10 to < 50 Acres
  • Lot Size Units: Acres
  • Lot Size Area: 10.0160
  • Parcel Number: 11700080003030
  • Lot Size Acres: 10.0160
  • Lot Size Sq Ft: 436296.9600
  • Possible Use: Agricultural, Horses, Livestock, Ranch, Recreational, Residential, Resort, Single Family
  • Present Use: Agricultural, Grazing, Horses, Pasture, Recreational, Residential, Single Family

Green Features

  • Smart Home Features Appor Pass Y: No

Building Info

  • Year Built: 2021

Multi Family

  • Number Of Residences: 1

Tax Info

  • Unexempt Taxes: 1885
  • Special Taxing Entities: No

MLS Schools

  • Middle School Name: Commerce
  • Elementary School Name: Commerce
  • High School Name: Commerce

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 22, 2023
Closed on
May 3, 2023
Sold by
Victorson Lindsey
Bought by
Walker Tucker Scott and Walker Leighanna Danielle
Seller's Agent
Melanie Watson
National Agent Network
Buyer's Agent
Allie Beth Allman
Allie Beth Allman & Assoc.
List Price
$325,000
Views
51
Current Estimated Value
$295,489

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-3.97%
Original Mortgage
$308,750
Outstanding Balance
$300,539
Interest Rate
6.42%
Mortgage Type
New Conventional
Estimated Equity
-$5,050
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Walker Tucker Scott -- None Listed On Document
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Walker Tucker Scott $308,750
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/03/2023 05/03/23 Sold -- -- --
04/13/2023 04/13/23 Pending -- -- --
04/10/2023 04/10/23 For Sale $325,000 0.0% $339 / Sq Ft
04/04/2023 04/04/23 Pending -- -- --
03/22/2023 03/22/23 For Sale $325,000 -- $339 / Sq Ft
Source: North Texas Real Estate Information Systems (NTREIS)

Tax History Compared to Growth

Source: Public Records

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
2024 $1,638 $162,620 $15,110 $147,510
2023 $1,638 $123,650 $14,420 $109,230
2022 $2,462 $122,320 $13,370 $108,950
2021 $261 $12,610 $960 $11,650
2019 $17 $750 $750 $0
2018 $17 $720 $720 $0
2017 $16 $690 $690 $0
2016 $16 $680 $680 $0
Source: Public Records

Agents Affiliated with this Home

  • Melanie Watson

    Seller's Agent in 2023

    Melanie Watson

    National Agent Network

    (903) 387-1414

    71 Total Sales

    Melanie Watson
    Section Image

  • A

    Buyer's Agent in 2023

    Allie Beth Allman

    Allie Beth Allman & Assoc.

    (972) 380-7750

    113 Total Sales

    Allie Beth Allman
    Section Image
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Map

Source: North Texas Real Estate Information Systems (NTREIS)

MLS Number: 20286004

North Texas Real Estate Information Systems (NTREIS)

APN: 109574

Texas Hunt County Commerce 75428

7908 Fm 118, Commerce, TX

This home is located at 7908 Fm 118, Commerce, TX 75428 since 22 March 2023 and is currently estimated at $295,489, approximately $307 per square foot. This property was built in 2021. 7908 Fm 118 is a home located in Hunt County with nearby schools including Commerce Elementary School, Albert C Williams Elementary School, and Commerce Middle School.

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.

North Texas Real Estate Information Systems (NTREIS) 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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