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$270,000

1007 S Magnolia Street, Hearne, TX, 77859

PendingInfo
Beds4 Beds
Baths3 Bath
Baths3,404 Sq Ft
price_per_sqft$79.32 / sqft
Year BuiltBuilt in 1876

Property Lead Type:

Absentee OwnerHigh EquityCash Buyers

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 3Bathrooms Full 3
AppliancesDishwasher, Electric Range, Gas Water Heater, Microwave, Water Heater
FlooringTile, Wood

Exterior

Lot Size13,112 sqft

Building Information

Garage Spaces2

Land Information

APN080000-003320
Lot Number6
Land UseResidential
Legal DescriptionLTS 6,7,&S 13.7'OF 8 BL 18 HEARNE 1495/318 0.301 ACRES
Census Tract960501
Assessed Land Value$35,397
Assessed Improvement Value$241,726
Assessment Year2025

About this property

Step into timeless charm with this beautifully preserved historic 4-bedroom, 3-bath home, a true gem with no restrictions and endless potential. As you enter through the front door, you’re greeted by an inviting grand hallway and a graceful staircase leading to the second floor, where you’ll find two spacious bedrooms full of natural light. The main level boasts 12-foot ceilings, creating a bright, open feel throughout. Enjoy gatherings in the spacious sitting room and adjoining formal dining area featuring elegant plantation shutters and classic architectural details. A convenient service nook and laundry area connects the dining area to the kitchen, offering extra storage and prep space. Relax on the screened-in porch, overlooking a large fenced backyard, perfect for entertaining, gardening, or simply unwinding outdoors. Let me say the detached two-car garage offers even more opportunity, easily convertible into a guest suite or income-producing apartment. With two generous living areas and a layout that balances character and flexibility, this home is ready for your personal touch. Come see all the possibilities this one-of-a-kind property has to offer!

Investor Tools

$0Estimated Mortgage Balance
$277,123Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,663 /month
Positive
Cash Flow Estimate:
$554 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$501/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,632
$277,123
2025
$35,397
$241,726
$277,123
No

Tax History

Year
Tax Paid
Assessed Value
2025
$4,632
$277,123

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$277,123
100%
0%
$0/mo

Learn About the Market: Opportunity in Texas

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Explore

Texas

Living in Texas means access to four of the nation’s most dynamic metro economies — Dallas–Fort Worth’s corporate and logistics powerhouse, Houston’s global energy and medical hub, Austin’s tech-driven and culturally iconic Live Music Capital of the World, and San Antonio’s historic yet steadily expanding military and healthcare center. The state blends economic scale with cultural significance, rooted in independence, entrepreneurship, and a strong sense of place — from Friday night football to world-renowned barbecue and music festivals. For homebuyers, Texas offers comparatively attainable housing, no personal income tax, and master-planned communities built around space and convenience; for investors, continued population growth, business relocation, and diversified industries create sustained demand across urban cores, suburbs, and emerging secondary markets.

Explore Texas Explore This Area
Population Growth

Population Growth

~1.3% annually

Net Migration

Net Migration

Positive

Median Home Price

Median Home Price

$283,800

Unemployment Rate

Unemployment Rate

4.3%

Price Trend

Price Trend

Flat

New Permits

New Permits

158,121

City: Hearne

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1007 S Magnolia Street | Property Details | No Agent List