800 Pine Street

Hearne, TX 77859

$760,000
Price
Beds
6,952 Sq. Ft.
$109 / Sq. Ft.
6,952
Sq. Ft.
$109
per Sq. Ft.

Description

Introducing a highly desirable 8-unit multi-family property offered at 7.5 CAP. The property consists of two updated quadplexes centrally located in Hearne, Texas with easy access to everything in town and only 20 minutes from Bryan-College Station. A great value-add property with units currently averaging $800 per month, with a 5-10% increase opportunity at renewal. Low vacancy rates and expense ratios drive more dollars to the bottom line providing stable cash flow for the investor. The property...Introducing a highly desirable 8-unit multi-family property offered at 7.5 CAP. The property consists of two updated quadplexes centrally located in Hearne, Texas with easy access to everything in town and only 20 minutes from Bryan-College Station. A great value-add property with units currently averaging $800 per month, with a 5-10% increase opportunity at renewal. Low vacancy rates and expense ratios drive more dollars to the bottom line providing stable cash flow for the investor. The property boasts new roofs, and covered parking for all tenants, lawn care and outdoor lighting included.
  1. Listed by Charles Allen • TREC #0668938 • Riverstone Companies, LLC
    P: (903) 875-9798 C: (903) 875-9798 landon@riverstonecos.com

Property Details for 800 Pine Street

Directions
From Hearne take HWY 79 west at the Chevron and Pine St take right, property is immediately on your left behind the gas station.
MLS Area Major
Robertson
Parking Features
Covered, OnSite
Subdivision Name
Other

Location

Listing Courtesy of Riverstone Companies, LLC, Charles Allen, TREC #0668938
Add your commute
LISTING UPDATED: 04/23/2024 10:20 PM

Property Details for 800 Pine Street

StatusActive
MLS #23004167
Days on Market379
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income / Quadruplex
Year Built-
Lot Size0.41 AC / 17,859 SF
CountyRobertson County

Location

Listing Courtesy of Riverstone Companies, LLC, Charles Allen, TREC #0668938
Add your commute

Building Information for 800 Pine Street

Stories1Residences-Year Built-Building Size-Lot Size0.41 AC / 17,859 SF

Payment Calculator

$5,144 per month

30 year fixed, 7.25% Interest

Principal and Interest

$4,148

Property Taxes

$996

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 800 Pine Street

Summary
Location and General Information
  • City: Hearne
  • County Or Parish: Robertson
  • Latitude: 30.873503
  • Longitude: -96.598378
  • Postal Code: 77859-2884
  • State Or Province: TX
  • Unparsed Address: 800 Pine Street
  • Human Modified Y N: Yes
School Information
  • Elementary School District: Hearne
  • High School District: Hearne
  • Middle Or Junior School: ,
  • Middle Or Junior School District: Hearne
Parking
  • Parking Total: 8
Taxes and HOA Information
  • Association Y N: No
  • Parcel Number: 080000-010200
  • Tax Block: 185
  • Tax Lot: 1
Property
Lot Information
  • Building Area Total: 6952.0
  • Lot Size Source: PublicRecords
  • Lot Size Square Feet: 17859.0
  • Lot Size Units: Acres
  • Stories: 1
Property and Assessments
  • Number Of Units Total: 0
  • Property Sub Type: Quadruplex
  • Property Type: ResidentialIncome
  • Senior Community Y N: No
Interior and Exterior Features
Exterior Features
  • Roof: Composition
Interior Features
  • Cooling: CentralAir, CeilingFans, Electric
  • Cooling Y N: Yes
  • Flooring: Carpet, Tile
  • Heating: Central, Electric, Gas
  • Heating Y N: Yes
  • Laundry Features: WasherHookup
  • Levels: One
Rental
Rental Information
  • Lease Amount Per Area Unit: DollarsPerSquareFoot

Property History for 800 Pine 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 800 Pine Street

Taxable ValueLand$8,400Additions$428,155Total$436,555
Tax Record2022$11,957 ($996 / month)
Home Facts
Total Finished SqFt3,476 SqFtAbove Grade Finished SqFt3,476 SqFtLot Size8,015 SqFtStyleDuplexCountyROBERTSONAPN080000-010200

Schools near 800 Pine Street

This home is within Hearne Independent School District.
Rating
School
Type
Grades
Distance
Charter - PK to 6
Charter - 7 to 8
Public - 9 to 12
Rating
School
Distance
Hearne Elementary School
CharterPK to 6

Hearne J High School
Charter7 to 8

Hearne 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.

Similar Homes

Sorry, we can't find any similar homes at this time. Please check back later.

Similar Sold Homes

Sorry, we can't find any similar sold homes at this time. Please check back later.

800 Pine Street is a multi-family home for sale in Hearne, TX 77859. This property was listed for sale on April 10, 2023 by Riverstone Companies, LLC, it's currently listed at $760,000. This listing's school district is Hearne Independent School District. Nearby schools include Hearne Elementary School, Hearne J High School and Hearne High School. 800 Pine Street is a 0-bed, 0-bath, 6,952 sqft multi-family home.

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. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Riverstone Companies, LLC, Charles Allen, TREC #0668938

Based on information from the Austin Board of REALTORS® (alternatively, from ACTRIS), Central Hill Country Board of Realtors, Central Texas MLS, Highland Lakes Association of Realtors, Bryan-College Station Association of REALTORS, and Waco Association of REALTORS. All information provided is deemed reliable but is not guaranteed and should be independently verified. The Austin Board of REALTORS®, ACTRIS, Central Hill Country Board of Realtors, Central Texas MLS, Highland Lakes Association of Realtors, Bryan-College Station Association of REALTORS, Waco Association of REALTORS, and their affiliates provide the MLS and all content therein “AS IS” and without any warranty, express or implied. IDX information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the MLS. Copyright© 2024 Austin Board of REALTORS® (alternatively, from ACTRIS), Central Hill Country Board of Realtors, Central Texas MLS, Highland Lakes Association of Realtors, Bryan-College Station Association of REALTORS, and Waco Association of REALTORS. All rights reserved. We do not attempt to independently verify the currency, completeness, accuracy or authenticity of the data contained herein. All area measurements and calculations are approximate and should be independently verified. Data may be subject to transcription and transmission errors. Accordingly, the data is provided on an “as is” “as available” basis only and may not reflect all real estate activity in the market”. © [2024] REsides, Inc. All rights reserved. Certain information contained herein is derived from information, which is the licensed property of, and copyrighted by, REsides, Inc.