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$223,000

708 W 8th Street, Hearne, TX, 77859

On MarketInfo
CommercialInfo
Beds— Beds
Baths— Bath
Baths1,400 Sq Ft
RetailRetail

Highlights

Interior

Bedrooms —Bedrooms —
Bathrooms —Bathrooms —

Exterior

Lot Size12,502 sqft

Land Information

APN080000-018860
Lot Number6,7
Land UseCommercial
Legal DescriptionLTS 6,7 BLK 340 HEARNE 1449/394 0.287 ACRES
Census Tract960501
Assessed Land Value$18,250
Assessed Improvement Value$37,853
Assessment Year2025

About this property

Prime Commercial Property in the Heart of Hearne Located in the center of Hearne, this versatile commercial property offers an excellent opportunity for business owners or investors. Previously home to a successful Mexican restaurant, the space is well-suited for a variety of uses including dining, retail, or office. The property features high visibility and plenty of parking just off the main thoroughfare. With its open layout and strong local presence, this site is perfect for launching or expanding your business. Endless potential in a growing market — schedule a showing today!

Investor Tools

$30,829Estimated Mortgage Balance
$25,274Estimated Equity
45% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,338 /month
Positive
Cash Flow Estimate:
$446 /month

Interested in this property?

Jeff Mills

CENTURY 21 Integra

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$116/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,110
$56,103
2025
$18,250
$37,853
$56,103
No

Tax History

Year
Tax Paid
Assessed Value
2025
$1,110
$56,103

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
First Star Bank Ssb
Unknown
$44,925
No
First
Sep 10, 2012
Sep 2022

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$30,829
$25,274
45%
55%
$270/mo

City: Hearne