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$122,000

706 W 5th Street, Hearne, TX, 77859

$144,711 ARVInfo
On MarketInfo
Beds3 Beds
Baths3 Bath
Baths1,911 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$63.84 / sqft
Year BuiltBuilt in 1967

Property Lead Type:

Must-SellARV FlipAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Half 3Bathrooms Half 3

Exterior

Lot Size4,269 sqft

Building Information

Year Built1967

Land Information

APN080000-028820
Lot Number15,16
Land UseResidential
Legal DescriptionLT 15, W12.5OF LT 16 BLK 600 HEARNE 1435/552 0.098 ACRES
Census Tract960501
Assessed Land Value$6,978
Assessed Improvement Value$134,132
Assessment Year2025

About this property

Charming 3-Bedroom, 3-Bath Home in the Heart of Hearne This spacious older home is full of character and potential, nestled in a quiet and private setting with only three homes on the block. Located in the center of Hearne, it offers a rare opportunity for those looking to create their dream home or invest in a promising property. With three generously sized bedrooms and three full baths, there's plenty of space to make it your own. Whether you're a homeowner with a vision or an investor seeking a unique project, this home is ready for your personal touch. Don’t miss the chance to own a piece of Hearne with excellent potential and privacy hard to find in town.

Investor Tools

$14,052Estimated Mortgage Balance
$127,058Estimated Equity
90% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$144,710
Rent-to-Value Ratio: 0.72%
Rent Estimate
$847 /month
Positive
Cash Flow Estimate:
$282 /month

Interested in this property?

Jeff Mills

CENTURY 21 Integra

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$306/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,962
$141,110
2025
$6,978
$134,132
$141,110
No

Tax History

Year
Tax Paid
Assessed Value
2025
$2,962
$141,110

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Texas Mortgage Capital Corp
Conventional
$18,900
No
First
Sep 19, 2014
Oct 2044

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$14,052
$127,058
90%
10%
$0/mo

City: Hearne

706 W 5th Street | Property Details | No Agent List