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$125,000

906 W 3rd Street, Hearne, TX, 77859

Off MarketInfo
Beds3 Beds
Baths1 Bath
Baths999 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$125.13 / sqft
Year BuiltBuilt in 1989

Property Lead Type:

Absentee OwnerHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms 1Bathrooms 1

Exterior

Lot Size5,750 sqft

Building Information

Year Built1989

Land Information

APN080000-029761
Lot Number8
Land UseResidential
Legal DescriptionLT 8 BLK 606 HEARNE 1519/455 0.132 ACRES
Census Tract960501
Assessed Land Value$9,430
Assessed Improvement Value$111,235
Assessment Year2025

About this property

Charming Brick Home on Spacious Lot Move-In Ready! Welcome to 906 W 3rd Street a beautifully maintained 3-bedroom, 1-bath brick home nestled on a large, shaded lot with a brand-new privacy fence! Step inside to discover an open-concept living and dining area featuring fresh paint, wood look flooring, and ample natural light. The kitchen is both stylish and functional, boasting stainless steel appliances, wood cabinetry, and plenty of counter space for meal prep or entertaining. All three bedrooms offer generous space and comfort, ideal for a or anyone seeking a cozy retreat. The full bathroom is centrally located and tastefully updated. Enjoy mornings or evenings in the expansive backyard, perfect for play, pets, or outdoor entertaining all within the safety and privacy of your newly installed wooden fence. This property is located in a quiet, established neighborhood with easy access to local schools, parks, and shopping. Come see it while it last!

Investor Tools

Property Icon
$125,000
Estimated Property Value
$0Estimated Mortgage Balance
$31,980Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$750 /month
Positive
Cash Flow Estimate:
$250 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$263/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,533
$120,665
2025
$9,430
$111,235
$120,665
No

Tax History

Year
Tax Paid
Assessed Value
2025
$2,533
$120,665

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Prosperity Bank
Conventional
$94,400
No
First
Jul 10, 2025
Aug 2040

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$93,020
$31,980
25%
74%
$566/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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