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- LoopNet Team
850 Fm 390 E
Brenham, TX 77833
840 FM 390 - 10 acres - 5,313 SF home · Specialty Property For Sale
·
5,513 SF
INVESTMENT HIGHLIGHTS
- Home, horse or cattle operation, commercial or mixed use property. Excellent BNB potential
- Historic home with many updates. Wrap around porches. Some furnishings included in sale.
- Equipment barn with cement floor easily used for shop and/or toys. 3 car garage includes office, covered RV parking, golf cart parking.
- 30.4% Occupancy Rate Proforma Investor Model. $75,243 Net Operating Income. $29,255 Annual Net Cash Flow. 13.42% First Year Cash on Cash. 9.42% CAP
- Ag exempt. No flood zone. Sellers will pay for new survey if needed.
- 10 MIN to Brenham, HEB, hospital. 30 MIN to TAMU. 60 MIN to Beltway.
PROPERTY FACTS
| Property Type | Specialty | Building Size | 5,513 SF |
| Property Subtype | Residential Income | No. Stories | 2 |
| Building Class | B | Year Built/Renovated | 1996/2005 |
| Lot Size | 17.13 AC | ||
| Zoning | None | ||
| Property Type | Specialty |
| Property Subtype | Residential Income |
| Building Class | B |
| Lot Size | 17.13 AC |
| Building Size | 5,513 SF |
| No. Stories | 2 |
| Year Built/Renovated | 1996/2005 |
| Zoning | None |
ABOUT 850 FM 390 E , BRENHAM, TX 77833
Home, horse or cattle operation, commercial or mixed use property. Historic home with many updates. Wrap around porches. Some furnishings included in sale. Owners will consider sale of horses, equipment, tools, etc. Excellent BNB potential. Equipment barn with cement floor easily used for shop and/or toys. 3 car garage includes office, covered RV parking, golf cart parking. Own a piece of history. On historic and scenic La Bahia Trail. Some of largest and oldest live oaks in County. Ag exempt. No flood zone. Sellers will pay for new survey if needed. 10 MIN to Brenham, HEB, hospital. 30 MIN to TAMU. 60 MIN to Beltway. Realtor Owners. Excellent BNB potential. On FM 390, the "La Bahia Trail", Texas' first scenic highway. 32 MI to Kyle Field (Texas A&M), 10 MI to Brenham, 3.5 MI to Lake Somerville. 30.4% Occupancy Rate Proforma Investor Model. $75,243 Net Operating Income. $29,255 Annual Net Cash Flow. 13.42% First Year Cash on Cash. 9.42% CAP rate. 1.64 Debt Service Coverage Ratio. Adjacent 63.94 acres available with House Tract for total of $1,435,000 Surface waiver conveys 10 acres is estimate Incremental acreage available subject to impact on remainder Sellers will pay for new survey
PROPERTY TAXES
| Parcel Number | 0024-000-06100 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $1,446,180 |
PROPERTY TAXES
