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407 S Commerce St, Gainesville, TX, 76240

$214,900

Home List Price

$2,552*

Closing Credit

3 Bedrooms
1 Full Bath
1,564 SqFt
$137/SqFt
House
Schools Nearby

Location

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407 S Commerce St, Gainesville$214,900

Buyer Closing Credits

$2,552*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
Attached Garage2 spaces
Year Built1930
HeatingCentral, Natural Gas
CoolingCentral Air
MLS #20558578
Lot Size0.16 Acres
StatusActive

About 407 S Commerce St

Don't miss out on this great home located just a few blocks from down town Gainesville. Sit out on your covered front porch and enjoy your morning joe or just relax. Some of the wonderful features include tile flooring throughout, spacious living area and an open kitchen with new gas range. The huge back yard has tons of room for the kids to play or even have a garden or two. The large 2 car garage features a workshop inside to make it whatever you would like it to be. Come and see this great home today.

Property Details

Property Features

Property Information:

  • Architectural Style: Traditional, Detached
  • Year Built: 1930
  • Stories: 1
  • Living Area: 1,564 SqFt

Listing Office:

  • Office Name: Lake Kiowa Realty
  • Office Phone: (940) 665-0724
  • Listing Agent: Brandon Erwin

Interior Features

Interior Information:

  • Appliances: Gas Cooktop, Gas Oven
  • Basement: No
  • Flooring Type: Ceramic Tile
  • Interior: Decorative/Designer Lighting Fixtures

Bedroom and Bathroom Information:

  • Full Bathrooms: 1
  • Total Bedroom Count: 3

Exterior Features

Exterior Information:

  • Exterior: Rain Gutters

Parking Information:

  • Garage Space: 2 spaces
  • Attached Garage: Yes

Virtual/3D Tour

  • Virtual Tour: 407 S Commerce St

Virtual Tour

Lot Features

Lot Information:

  • Lot: Interior Lot
  • Lot Size: 0.16 Acres

Utilities

Utilities Information:

  • Heating: Central, Natural Gas
  • Cooling: Central Air

School Info

Assigned Schools Information:

  • Gainesville High School, Public District Grades 9-12
  • Gainesville Middle School, Public District Grades 6-8
  • Robert E Lee Intermediate School, Public District Grades 4-5
  • W E Chalmers Elementary School, Public District Grades 2-3

Other

Directions Information:

  • Directions: From California St in Gainesville head South on Commerce st and house will be on your left.

Price Information

Listing Price Info

Price Summary:

  • List Price: $214,900
  • Price Per SqFt: $137/SqFt

Tax Information:

  • Annual Amount: $1,387
  • Tax Year: 2020
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Housing Market Comparison

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

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Gainesville, TX

City

Med. List Price

$320.9K

Med. Price/SqFt

$181

Avg. Days On Market

78

# of Sold Homes

28

407 S Commerce St vs Gainesville

47 DAYS ON ROCKET

-31 Days

$214,900

-$106K Less

$137/SqFt

-$45 Less

KEY TAKEAWAY

This property is $106K less than the Median List Price and $45/SqFt less than other homes in Gainesville, TX.

Based on homes listed in the last 12 months

MLS Details

MLS Information:

  • MLS Name: NTR
  • MLS Number: #20558578

Listing Office:

  • Office Name: Lake Kiowa Realty
  • Office Phone: (940) 665-0724
  • Listing Agent: Brandon Erwin

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: 4/29/2024, 11:20:24 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
2020$1,387$67,850
2019$1,537$61,889
2018$1,538$56,263
2017$1,481$54,279

History based on county public records data.

Payment Calculator

$1,140

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$711

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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.

Elementary School

school-card-donut-3085032
3
/10

  • W E Chalmers Elementary School

  • 1745 S Radio Hill Rd

  • 2.39 miles

  • Public District Grades 2-3

Middle School

school-card-donut-3085033
4
/10

  • Gainesville Middle School

  • 1201 S Lindsay St

  • 0.60 miles

  • Public District Grades 6-8

school-card-donut-3085034
4
/10

  • Robert E Lee Intermediate School

  • 2100 N Grand Ave

  • 1.93 miles

  • Public District Grades 4-5

High School

school-card-donut-3085035
2
/10

  • Gainesville High School

  • 2201 South I 35

  • 1.76 miles

  • Public District Grades 9-12

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $77,083. Most Gainesville, TX residents have annual incomes between $35k-100k. Residents typically live in single, no kids family. The most common level of education of people living in this area is post secondary degree.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 407 S Commerce St

What is the listing price of this property?

The listing price of 407 S Commerce St property is $214,900.

What type of property is this?

The property 407 S Commerce St is a house located in Gainesville, Texas, 76240.

Is this property for sale now?

Active Listing: 407 S Commerce St is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 407 S Commerce St are:
W E Chalmers Elementary School: GreatSchools Rating 3/10
Gainesville Middle School: GreatSchools Rating 4/10
Robert E Lee Intermediate School: GreatSchools Rating 4/10
Gainesville High School: GreatSchools Rating 2/10

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $1,387 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 407 S Commerce St has 3 bedrooms and 1 bathroom.

What is the square footage of this property?

The property 407 S Commerce St is 1,564 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 407 S Commerce St is 1930.

Rocket Homes›Texas›Cooke County›Gainesville›76240›407 S Commerce St

This home is located at 407 S Commerce St in Gainesville, TX and zip code 76240. This 1,564 square foot home, which was built in 1930, sits on a 0.16 acre lot. Features: 3 bedrooms, 1 bathroom. It has been listed on Rocket Homes since March 13, 2024 and is currently priced at $214,900.

The number of homes for sale in Gainesville, TX increased by 11.9% between February 2024 and March 2024. While the average time on the market in March 2024 was 78 days, the median list price was $320,966.

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

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