Last 24 Hours
$215,000
NAL Estimated Property Value907 S Magnolia Street, Hearne, TX, 77859
Off Market
4 Beds
2 Bath
2,539 Sq Ft
$31.51 / sqftProperty Lead Type:
Off-Market ListAbsentee OwnerHigh Equity
Highlights
Interior
Bedrooms 4
Bathrooms 2Exterior
Lot Size9,365 sqft
Building Information
Garage Spaces1
Land Information
APN080000-003420
Lot Number6,7
Land UseResidential
Legal DescriptionLT 6, S1/2 OF LT 7 BL 19 HEARNE & W 10' OF ALLEY ADJ LT 6 S 1/2 LT 7 1568/654 0.215 ACRES
Census Tract960501
Assessed Land Value$25,313
Assessed Improvement Value$148,329
Assessment Year2025
About this property
Investors don't miss out on this incredible opportunity! Charming home nestled in a quiet neighborhood backing up to commercial property with visibility to Highway 6. Call the city of Hearne to verify zoning possibilities with this home and lot. This home was no doubt a show stopper back in its prime. Be a part of restoring it or use the lot for other investment opportunities.
Investor Tools
$215,000
Estimated Property Value
$0Estimated Mortgage Balance
$215,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,290 /month
Positive
Cash Flow Estimate:
$430 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$393/month
No HOA
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,645
$173,642
2025
$25,313
$148,329
$173,642
No
Tax History
Year
Tax Paid
Assessed Value
2025
$3,645
$173,642
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$215,000
100%
0%
$0/mo
12.4%