437 Commerce Street

Palacios, TX 77465

$380,000
Price
5
Beds
2
Baths
1
1/2 Bath
3,208 Sq. Ft.
$118 / Sq. Ft.
3,208
Sq. Ft.
$118
per Sq. Ft.

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...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!
  1. Listed by Eddie Greene • TREC #0752451 • Prism Realty • (512) 609-8098

Property Details for 437 Commerce Street

Subdivision Name
Foley All, Fair, Class
Waterfront
No
Waterfront Description
None
Water Access Description
None
View
City, Water
View YN
Yes
Parcel Number
42416
Tax Lot
13-W/2 of N-80'
LISTING UPDATED: 09/30/2024 01:32 PM

Property Details for 437 Commerce Street

StatusActive
MLS #3964731
Days on Market124
Taxes$3,577 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeSingle Family
MLS TypeResidential / Other
Year Built1933
Lot Size0.05 AC / 2,003 SF
CountyMatagorda County

Building Information for 437 Commerce Street

Stories2Year Built1933Building Size-Lot Size0.05 AC / 2,003 SF

Property Information for 437 Commerce Street

General Information
Parking
  • Parking Total: 0
  • Parking Features: Off Street
Interior
  • Interior Features: Beamed Ceilings, Open Beams/Beamed Ceailings, Ceiling Fan(s), Crown Molding, Entrance Foyer, Eat-in Kitchen, Granite Counters, High Ceilings, Interior Steps, Multiple Living Areas, Multiple Primary Suites, Open Floorplan, Recessed Lighting, Tile Counters
  • Flooring: Carpet, Concrete, Vinyl
Exterior
  • Exterior Features: Balcony, No Exterior Steps
  • New Construction: No
  • Construction Materials: Brick, Plaster
  • Foundation Details: Slab
  • Patio And Porch Features: Rear Porch, Covered, Porch, Screened, Balcony
  • Roof: Metal
  • Fencing: None
  • Direction Faces: North
  • Window Features: Double Pane Windows, Display Window(s)
  • Community Features: None, Curbs
Property Information
Lot Information
  • FEMA Flood Plain: Yes-500 yr
  • Lot Features: Alley, Zero Lot Line
  • Horse: No
  • Horse Amenities: None
Utilities
  • Cooling YN: Yes
  • Cooling: Central Air, Ceiling Fan(s)
  • Heating YN: Yes
  • Heating: Central
  • Sewer: Public Sewer
  • Utilities: Electricity Connected, Sewer Connected, Water Connected
  • Water Source: Public
Room Information
Room 1
  • Room Type: Bathroom
  • Room Level: Upper
  • Room Features: En Suite Bathroom, Granite Counters
Room 2
  • Room Type: Primary Bedroom
  • Room Level: Upper
  • Room Features: Ceiling Fan(s), Recessed Lighting
Room 3
  • Room Type: Kitchen
  • Room Level: Upper
  • Room Features: Crown Molding, High Ceilings, Kitchen/Family Room Combo, Recessed Lighting
Room 4
  • Room Type: Bathroom
  • Room Level: Main
  • Room Features: High Ceilings, Separate Shower
Room 5
  • Room Type: Bedroom
  • Room Level: Main
  • Room Features: Beamed Ceilings, Ceiling Fan(s), High Ceilings
Room 6
  • Room Type: Kitchen
  • Room Level: Main
  • Room Features: Beamed Ceilings, Ceiling Fan(s), High Ceilings, Kitchen/Family Room Combo
Unit Information
Unit 1
  • Permission: IDX
Unit 2
  • Permission: IDX
Unit 3
  • Permission: IDX
Unit 4
  • Permission: IDX
Unit 5
  • Permission: IDX
Unit 6
  • Permission: IDX
Financial Information
Taxes and HOA Information
  • Association: No
  • Additional Parcels: No
  • Tax Year: 2023
Showing Information
Showing Information
  • Security Features: Smoke Detector(s)
  • Directions: From Main Street turn south on 4th or 5th St., go one block to Commerce St. Property located between 4th St and 5th St on Commerce.

Property History for 437 Commerce Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 437 Commerce Street

Taxable ValueLand$12,860Additions$160,960Total$173,820
Tax Record2022$3,114 ($259 / month)
Home Facts
Beds4Total Finished SqFt3,208 SqFtAbove Grade Finished SqFt3,208 SqFtLot Size2,004 SqFtStyleSingle Family ResidenceYear Built1933CountyMATAGORDAAPN42416

Schools near 437 Commerce Street

This home is within Palacios Independent School District.
Rating
School
Type
Grades
Distance
Public - PK to 2
Public - 3 to 5
Public - 6 to 8
Public - 9 to 12
Rating
School
Distance
Central Elementary School
PublicPK to 2

East Side Intermediate School
Public3 to 5

Palacios J High School
Public6 to 8

Palacios High School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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437 Commerce Street is a single family home for sale in Palacios, TX 77465. This property was listed for sale on July 17, 2024 by Prism Realty, it's currently listed at $380,000. It has been on the market for a total of 124 days and was last sold on February 10, 2022. This listing's school district is Palacios Independent School District. Nearby schools include Central Elementary School, East Side Intermediate School and Palacios J High School. 437 Commerce Street is a 5-bed, 2.5-bath, 3,208 sqft single family home built in 1933.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Prism Realty, Eddie Greene, TREC #0752451

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