Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    121 Crestway Street Hearne, TX 77859

    View on Map
    For Sale
    Contact for pricing

    LAND - Hearne, TX

    Lot size:
    0.15 Acres
    Added:
    Dec 11, 2025
    Days on Market:
    111
    Last Refresh:
    Apr 1 at 9:06 pm

    Property Features for 121 Crestway Street

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    APN
    121 Crestway 900
    Lot size
    0.15 Acres

    We can help!

    Listing Contact
    Julie White

    Listing agent Julie White License #0727859

    Listing office CENTURY 21 Integra 404 University Dr E Ste H, College Station, TX

    Listing date Dec 11, 2025

    MLS# 25012907

    Copyright © 2026 Bryan-College Station Regional MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Hearne, TX Improved Lot

    This improved lot presents an opportunity in a peaceful, small-town setting, suitable for building. The property is located directly across the street from the city park, providing access to community amenities such as a swimming pool, playground, an 18-hole golf course, and walking areas. The lot spans 0.1492 acres. It is located in Hearne, Texas.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Suggested Use

    Restaurant Real Estate Agency Law Firm Building Supply Spa & Massage Center Dental Office Big Box & Wholesale Store Auto Repair Shop Hair Salon Nail Salon

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Hearne
    County
    Robertson
    State
    Texas
    Longitude
    -96.587326
    Latitude
    30.88538

    Nearby Similar for Sale

    • $175,000

      Spacious Wooded Land Tract

      Land for sale in a thoughtfully planned rural community.
      12344 RED HILL, Hearne, TX 77859
      View Details
    • $559,950

      Hearne, TX Development Land

      51.58 acres suitable for development or agriculture near Hearne.
      Hwy 6 S, Hearne, TX 77859
      View Details
    • $153,600

      3.2 Acres Near Bryan, TX

      3.2-acre tract near Bryan with water meter and electricity.
      10075 River Ridge Drive, Hearne, TX 77859
      View Details
    • $30,000

      Residential Land in Hearne, TX

      Land for residential construction, 25 minutes from Bryan/College Station.
      Rail Road ST, Hearne, TX 77859
      View Details
    • $523,480

      Secluded Hunting Land Near Bryan

      Secluded 45.52 acre hunting land near Bryan-College Station.
      Tbd Jack Rabbit Lane, Hearne, TX 77859
      View Details
    • $1,200,000
      7,256 SF

      Established Restaurant in Downtown Hearne

      Turn-key restaurant with historic charm in Hearne, Texas.
      302 S Magnolia St, Hearne, TX
      View Details
    • $195,000

      Unrestricted Land Near Hearne, TX

      11.58 acre AG EXEMPT tract outside Hearne city limits.
      HWY 6, Hearne, TX 77859
      View Details
    • $523,480

      Secluded Hunting Land Near Hearne

      Secluded 45.52 acre hunting land near Bryan-College Station.
      Jackrabbit Lane, Hearne, TX 77859
      View Details
    • $1,300,000

      Virgin Wooded Land in Hearne

      Pristine 10+ acre wooded land in the Texas Triangle.
      Vaughn Lane, Hearne, TX 77859
      View Details
    • $523,480

      Hearne, TX Hunting Land

      Secluded 45.52 acre hunting land near Bryan-College Station.
      Jack Rabbit Lane, Hearne, TX 77859
      View Details
    • $159,500

      Hearne, TX Land For Sale

      14 acre lot, 25 minutes from Bryan/College Station.
      10892 FM 391, Hearne, TX 77859-3397
      View Details
    • $500,000
      6,000 SF

      Hearne Medical Office For Sale

      6,000 SF medical office/clinic located at Barton and Pine Streets.
      709 Barton St, Hearne, TX 77859
      View Details

    FAQs

    What type of property is this?
    Residential land & home lot - Improved lot in Hearne, TX, across from city park.
    Where is this residential land & home lot located?
    The property is located at 121 Crestway Street Hearne, TX.
    What is the asking price?
    The asking price for this property is Off market.
    What are key features of this property?
    This property features: Build‑ready lot in a peaceful, small‑town setting.; Directly across from the city park with community amenities.; Access to community swimming pool, playground, and 18‑hole golf course.
    (979) 764-2100
    We can help!
    Listing Contact
    Julie White
    Real Estate License ID: 0727859
    Learn More
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!