$599,000

Prime 16.6-acre development opportunity in the growing community of Commerce, Texas. Currently zoned for multifamily residential use (City approved plat on file) and previously zoned industrial, this versatile tract offers exceptional potential for apartment, townhome, student housing, or mixed residential development. The property features a beautiful natural setting with mature trees, open areas, and multiple small ponds that create an attractive backdrop for future development. Ideally located near East Texas A&M University, the site benefits from strong housing demand generated by students, faculty, staff, and the expanding local workforce. Commerce continues to experience growth, with multifamily development playing an important role in meeting housing needs throughout the area. With ample acreage, natural amenities, and a strategic location near major employment, education, and retail centers, this property presents a rare opportunity for investors, developers, and builders seeking a well-positioned multifamily development site in Northeast Texas. Buyer to verify all zoning, utilities, development requirements, and intended uses. City Park across the street, minutes from highways, shopping and the college.