Prime Development Opportunity in Commerce, TX - 4.966 Acres (2 lots being sold as 1) Exceptional development opportunity awaits in Commerce with this expansive 4.966-acre property consisting of two combined lots. This versatile land parcel offers tremendous potential for various development scenarios including residential subdivisions, multi-family housing, or a spectacular custom home with amazing space. The property boasts strategic positioning with excellent access to major thoroughfares, ensuring convenient connectivity throughout the city. Located within walking distance to local restaurants, retail establishments, and East Texas A&M University, this land offers the perfect blend of convenience and opportunity. Investors and developers will appreciate the prime location that appeals to students, faculty, and local residents alike. This lot is situated within an Opportunity Zone, a federal program established by the 2017 Tax Cuts and Jobs Act to encourage long-term investment in economically distressed communities. ? Investors can benefit from capital gains tax incentives when they reinvest in Qualified Opportunity Funds that support development in these zones.
Property Type(s):
Lot/Land/Acreage
|
Last Updated
|
5/26/2026
|
Tract
|
Orig Town of Commerce
|
|
Year Built
|
0
|
County
|
Hunt
|
SCHOOLS
| School District |
Commerce ISD |
| Elementary School |
Commerce |
| Jr. High School |
Commerce |
| High School |
Commerce |
Price History
|
Prior to Mar 7, '25
|
$2,500,000 |
|
Mar 7, '25 - Jan 19, '26 |
$250,000 |
|
Jan 19, '26 - May 26, '26 |
$195,000 |
| May 26, '26 - Today |
$175,000 |
Additional Details
| LOT |
4.966 acre(s) |
| LOT DESCRIPTION |
Interior Lot, Irregular Lot, Many Trees |
| SEWER |
Public Sewer |
| SUBDIVISION |
Orig Town of Commerce |
| UTILITIES |
Electricity Available |
| WATER |
Public |
| ZONING |
Residential. Contact P&Z with questions: 903-886-1101 |
Location
Listing provided by John Holmes, Compass RE Texas, LLC
You may not reproduce or redistribute this data, it is for viewing purposes only. This data is deemed reliable, but is not guaranteed accurate by the MLS or NTREIS.
This data was last updated on: 6/14/26 12:42 AM PDT
This IDX solution is (c) Diverse Solutions 2026.
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