$380,000
For Sale

437 Commerce Street

Palacios, TX 77465
3208 sqft | 5 beds | 2.5 baths | 0.05 acres | #551124
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
      • InteriorBeamedCeilings, CeilingFans, CrownMolding, SeparateFormalDiningRoom, GraniteCounters, HighCeilings, MultipleLivingAreas, MultipleDining
    • Beds & Baths
      • Bathrooms2.5
      • Bedrooms5
      • Full Baths2
      • Half Baths1
  • Property Details
      • Exterior MaterialsBalcony, CoveredPatio
      • ViewWater
    • Measurements
      • Acres0.046
      • Square Feet3208
  • Construction Details
      • StyleOther, SeeRemarks
      • Property TypePurchase
    • Condition
      • Year Built1933
    • Material information
      • FoundationSlab
  • Utilities / Energy Details
      • Utility FeaturesElectricityAvailable, WaterAvailable
      • Sewer InformationPublicSewer
      • Utility SourcePublic
  • Community and Neighborhood Details
      • SubdivisionPalacios Original Townsite
    • Location
      • School DistrictPalacios Isd
      • CountyMatagorda
  • Financial Details
      • Original List Price$380,000
  • Other
      • MLS #551124

Location

Gregg's Team Real Estate GroupReal Estate Group
$
years

Down Payment

$
%
10.0%

Interest Rate

%
6.0%

Tax Rate

%
2.6%
$
$
annually
$
monthly

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.

Estimated Monthly Payment
$0.00
Loan Amount
$0.00

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