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Days172Days on Market
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$295,000

205 N Market Street, Hearne, TX, 77859

On MarketInfo
CommercialInfo
Baths0 Bath
Baths4,044 Sq Ft
RetailRetail
price_per_sqft$72.95 / sqft

Highlights

Interior

Bathrooms 0Bathrooms 0

Exterior

Lot Size9,322 sqft

Land Information

APN083900-000080
Land UseOther / Unknown
Legal DescriptionLT N1/2OF5, 6,7,8 BL 1 LOVE ADDN HEARNE 1403/144 0.214 ACRES
Census Tract960502
Assessed Land Value$47,853
Assessed Improvement Value$319,816
Assessment Year2025

About this property

Prime Highway 6 Commercial Opportunity – Hearne, TX Capitalize on exceptional visibility and traffic exposure along Highway 6 in Hearne. This highly visible, high-traffic location offers outstanding access from both the highway and rear alley, making it ideal for a wide range of commercial uses. The property features a large, versatile multi-use building with over 4,000 square feet of heated and cooled usable space. Formerly operated as a restaurant and most recently used as a meeting hall/event venue, the layout lends itself well to restaurant, retail, event space, office, or specialty business opportunities. Additional highlights include a covered patio area, overhead roll-up doors for flexible indoor/outdoor use, and excellent access for customers, deliveries, or events. If you’re looking for a location that delivers maximum exposure, flexibility, and functionality, this Highway 6 property is ready to perform.

Investor Tools

$0Estimated Mortgage Balance
$367,669Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,206 /month
Positive
Cash Flow Estimate:
$735 /month

Interested in this property?

Karen Gray

Cunningham Real Estate

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$153/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
N/A
$367,669
2025
$47,853
$319,816
$367,669
No

Tax History

Year
Tax Paid
Assessed Value
2025
N/A
$367,669

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$367,669
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.

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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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205 N Market Street | Property Details | No Agent List