$380,000
For Sale

437 Commerce Street

Palacios, TX 77465
3208 sqft | 5 beds | 2.5 baths | 0.05 acres | #3964731
Browse 40 photos
Type:Purchase
Structure:House
Zone:Residential

Description

This remarkable two-story building in the historical district of Palacios, Texas, has been completely renovated and offers a prime opportunity for multi-generational living or for an investment with options to live in one unit & rent the other, short-term or long-term rentals. On the lower level, you will find two bedrooms and one bath with an oversized commercial-style kitchen and dining space. It also includes a private patio at the back, offering beautiful views of Tres Palacios Bay. The upper level has a modern look, boasting three spacious bedrooms with one full bath and one-half bath. This level also has its own private balcony at the back, providing stunning views of Tres Palacios Bay. Property is currently a successful short-term rental on Airbnb, all furnishings are negotiable to make this a move- in ready or turn-key revenue investment property. Don't miss out on this prime investment opportunity. Schedule a showing today and seize your chance to capitalize a piece of downtown Palacios just minutes away from the bay fishing piers, Palacios Bay Beach, South Bay Marina, and all the great shops and eats on Main St!

  • Interior Details
      • InteriorBeamed Ceilings, Open Beams Beamed Ceailings, Ceiling Fans, Crown Molding, Entrance Foyer, EatInKitchen, Granite Counters, High
    • Beds & Baths
      • Bathrooms2.5
      • Bedrooms5
      • Full Baths2
      • Half Baths1
  • Property Details
      • Exterior MaterialsBalcony, No Exterior Steps
      • Lot DescriptionAlley, Zero Lot Line
      • ViewCity, Water
    • Measurements
      • Acres0.046
      • Square Feet3208
  • Construction Details
      • Property TypePurchase
    • Condition
      • Year Built1933
    • Material information
      • FoundationSlab
  • Utilities / Energy Details
      • Utility FeaturesElectricity Connected, Sewer Connected, Water Connected
      • Sewer InformationPublic Sewer
      • Utility SourcePublic
  • Community and Neighborhood Details
      • SubdivisionFoley All, Fair, Class
    • Location
      • Elementary SchoolOutside School District
      • Middle SchoolOutside School District
      • High SchoolOutside School District
      • School DistrictPalacios Isd
      • CountyMatagorda
  • Financial Details
      • Original List Price$380,000
      • Days on Market (Cumulative)47
  • Other
      • MLS #3964731

Location

18 Agents Online Now
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Down Payment

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10.0%

Interest Rate

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6.0%

Tax Rate

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2.6%
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Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.

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