10981 Commonwealth Dr, Iola, TX 77861
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Property image
OFF MARKET

10981 Commonwealth Dr
Iola, TX 77861

  • 4 Beds
  • 4.5 Baths
  • 4,126 sqft (on 2.34 acres)

$953,100

Trulia Estimate
as of Aug 20, 2026
Est. Refi. Payment $5,796/mo*
Refinance Your Home

$953,100

Trulia Estimate
as of Aug 20, 2026
Est. Refi. Payment $5,796/mo*
Refinance Your Home
4 Beds
4.5 Baths
4,126 sqft
(on 2.34 acres)

Home Value

Trulia Estimate
$953K
Since last month
Decreased$9K (-1%)
Since last year
Increased$10K (+1%)
Since last sale
Increased$248K (+35.2%)
Learn more about this home's value by checking out its Trulia Estimate, the value of nearby homes, and how much similar homes have sold for.

Trulia Estimate

The of this home's value increased by +75% in the last 10 years
MonthEstimated value
2026
August 2026$953K
July 2026$962K
June 2026$972K
May 2026$955K
April 2026$940K
March 2026$936K
February 2026$930K
January 2026$917K
2025
2024
2023
2022
2021
2020
2019
2018
2017
2016

Comparable sales

These are recently sold homes that have a similar location or other similar features to this home, like bedrooms, bathrooms, and square footage. Get a sense of the expected prices in the area by viewing these homes.
Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
10682 Commonwealth Dr, Iola, TX
0.27
Single-Family Home
-
06/15/26
4
4
4,944
9503 King Oaks Dr, Iola, TX
0.35
Single-Family Home
-
11/17/25
4
2
2,956
10560 Saint John Dr, Iola, TX
0.68
Single-Family Home
-
02/26/26
4
4
4,188
9412 Belgrave Sq, Iola, TX
0.59
Single-Family Home
-
10/20/25
5
4.5
4,037
10096 Lancaster Dr, Iola, TX
0.39
Single-Family Home
-
06/05/26
3
2
2,314
10615 Lancaster Dr, Iola, TX
0.89
Single-Family Home
-
02/02/26
4
2.5
2,937
9579 Wales Ct, Iola, TX
0.59
Single-Family Home
-
04/16/26
3
3
2,205
9695 Durham Rd, Iola, TX
0.73
Single-Family Home
-
06/05/26
4
2.5
2,389
10529 Hampton Ct, Iola, TX
0.92
Single-Family Home
-
05/12/26
4
3.5
2,981
13772 County Road 175, Iola, TX
1.07
Single-Family Home
-
07/01/26
3
3
2,075

Nearby home prices

Get a sense of expected prices in the area by checking the value of nearby homes.
Address
Distance
Price
Bed
Bath
Sqft
Status
9669 Windsor Ave, Iola, TX 77861
0.09
$890,000
4
4.5
4,179
Off Market
9733 Lancaster Dr, Iola, TX 77861
0.18
$159,900
-
-
-
For Sale
9893 Mountbatten Trl, Iola, TX 77861
0.17
$580,300
3
2.5
2,450
Off Market
Mountbatten Trl, Iola, TX 77861
0.18
-
-
-
-
Off Market
Tbd Commonwealth Dr, Iola, TX 77861
0.20
-
-
-
-
Off Market
Strathmore Dr, Iola, TX 77861
0.22
-
-
-
-
Off Market
10682 Commonwealth Dr, Iola, TX 77861
0.27
-
4
4
4,944
Recently Sold
Edinburg Trl, Iola, TX 77861
0.30
-
-
-
-
Off Market
9625 Edinburg Trl, Iola, TX 77861
0.30
$612,700
3
2.5
2,497
Off Market
10601 Commonwealth Dr, Iola, TX 77861
0.30
$638,100
3
2.5
2,735
Off Market
9598 Edinburg Trl, Iola, TX 77861
0.31
-
-
-
-
Off Market
9570 Edinburg Trl, Iola, TX 77861
0.31
-
-
-
-
Off Market

Local Information

  • Map ViewExplore the area around 10981 Commonwealth Dr.
  • Schools1 Preschool School1 Elementary School1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

Home Highlights

Property Type
Single-Family Home
Year Built
2009
Lot Size
2.34 acres
Living Area
4,126 sqft
Price/Sqft
$231
Parking
Garage

About this House

Immaculate custom home on a stunning lot with INCREDIBLE VIEWS and privacy on 2.34 acres. You will be sold the minute you walk in the front door as you see to the back of the property with the floor to ceiling windows. Nestled at the end of a quiet cul-de-sac to surround you in the peaceful country life, this home has exceptional quality finishes throughout and many upscale amenities including crown molding, pristine wood floors, high ceilings, uniquely designed custom cabinetry, granite countertops, a three-car garage, two master suites, a huge media room with 10 foot TV, double ovens (microwave is a convection oven as well), plantation shutters, a central vacuum system, remote control/automatic shades in the living room windows, remote control flood and sconce lights, three thermostats, surround sound inside and out, heated/AC craft room in attic above the garage (Not counted in square footage), bug mister in the back yard, and raised gardens with sprinkler/drip system already in place. While the covered back porch is a haven in itself, there is an additional covered kitchen area away from the house to keep the smoke from the BBQ grill away from the house. The heated pool and hot tub were also designed with all in mind: A large play pool area, depth ranging from 3.5-5.5 feet deep, and complete privacy as you are surrounded by trees in this heavily wooded area. So many well-thought details to this exquisite home. You must come to see and feel its beauty. A piece of heaven, built with every detail in mind.
10981 Commonwealth Dr, Iola, TX 77861 is a 4 bedroom, 5 bathroom, 4,126 sqft single-family home built in 2009. It last sold for $705,000 on Sep 1, 2020. It is currently off market. The Trulia Estimate is $953,100, with a rent estimate of $5,192/month.

Home Details for 10981 Commonwealth Dr

Interior Features

Heating & Cooling
Heating: GasAir ConditioningCooling System: CentralHeating Fuel: Gas
Levels, Entrance, & Accessibility
Stories: 1Floors: Tile, Carpet, Hardwood
Interior Details
Types of Rooms: Dining Room, Family Room
Appliances & Utilities
Cable ReadyDisposalMicrowaveRefrigerator
Fireplace & Spa
FireplaceHot Tub or Spa
Security
Security System

Exterior Features

Exterior Home Features
Roof: CompositionExterior: BrickFoundation Type: SlabSprinkler System
Parking & Garage
GarageParking: Garage Attached

Property Information

Year Built
Year Built: 2009
Property Type / Style
Property Type: Single Family Home

Lot Information

Lot Area: 2.34 acres

Price and Tax history

DateEventPrice
Sep 1, 2020
Source: BCSMLS #477001_20011186
Sold
--
Jul 8, 2020
Source: Agent Provided
Pending
$699,900
Jun 30, 2020
Source: Agent Provided
Listed For Sale
$699,900

Market trends in Iola

Last updated July 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
—
Sale-to-List Price
—
Price per sq ft
—
Available listings
19
5MoM

Around this home

What Locals Say about Iola

At least 4 Trulia users voted on each feature.

  • 100 % Say car is needed

  • 100 % Say there's holiday spirit

  • 100 % Say yards are well-kept

  • 100 % Say there's wildlife

  • 100 % Say parking is easy

  • 71 % Say it's quiet

  • 67 % Say they plan to stay for at least 5 years

  • 67 % Say kids play outside

  • 56 % Say neighbors are friendly

  • 50 % Say people would walk alone at night

  • 43 % Say it's dog friendly

  • 33 % Say there are community events

Sourced by Trulia users. Learn more about our methodology.
  • Keith W
    "Great people, peaceful area, country living (kind of) but with all the blessings of being 20 minutes from anything you need. We LOVE this place!"
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Frequently asked questions about 10981 Commonwealth Dr

  • What is 10981 Commonwealth Dr estimated to be worth?
    Trulia's estimated value for 10981 Commonwealth Dr in Iola, TX is $953,100.
  • What is the price history for 10981 Commonwealth Dr?
    10981 Commonwealth Dr in Iola, TX last sold in September 2020.
  • Is Iola a buyer's or seller's market?
    Iola is currently a buyer's market, based on recent for-sale activity.
  • What are the closest schools to 10981 Commonwealth Dr?
    The closest schools to 10981 Commonwealth Dr in Iola, TX are Iola Elementary School (Pre-K, rated 6/10), Iola High School (Middle, rated 9/10).
  • Does 10981 Commonwealth Dr have air conditioning?
    Yes, 10981 Commonwealth Dr in Iola, TX has air conditioning.
  • How big is the lot at 10981 Commonwealth Dr?
    The lot at 10981 Commonwealth Dr in Iola, TX is about 2.3 acres.

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