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Land with Rental Structures

2192 FM 92 Silsbee, TX 77656

Claim this Listing
For Sale
$115,000

COMMERCIAL - Silsbee, TX

Property size:
804 SF
Lot size:
2.31 Acres
Price / SF:
$143.03/SF
Added:
Jul 7, 2026
Days on Market:
8
Last Refresh:
Jul 14 at 10:06 am

Property Features for 2192 FM 92

General Information

Property type
Commercial Sale
Property subtype
Other
Standard status
Active
Size
804 SF
Lot size
2.31 Acres

Taxes and HOA fees

Tax Description
See Exhibit C in Associated Docs

Listing agent Deborah Hanna License #0516066

Listing office Double H Property Management 3397 HWY. 69 S, Kountze, TX

Listing date Jul 7, 2026

MLS# 266686

Copyright © 2026 Beaumont Board of REALTORS®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.


Investment Insights

Based on property information with market context.

The offering is 2.31 acres split into two tracts measuring 1.164 acres and 1.155 acres, with an Administrative Deed Exhibit C metes-and-bounds description. HCAD records indicate three units on the property that were used as rental units: one frame home and two mobile homes identified as HCAD 4381 and HCAD 5066. The seller states the property was inherited and that there is no additional knowledge about the condition or status of the structures, and the listing indicates the value is land only.

The property is located at 2192 FM 92 in Silsbee, Texas and includes FM 92 highway frontage. The buyer will need to verify key site details, including availability of utilities such as city water and sewer versus septic and well, as well as zoning for the intended use. No survey is currently on file, and there are no seller disclosures provided.

This site can be considered for a buyer who wants land with existing structures already present and plans to evaluate feasibility before moving forward. Because utilities, zoning, and site survey information require confirmation, due diligence will be important for any redevelopment, removal, or future improvements based on the buyer’s intended use.

Key Highlights

  • 2.31 acres of land, offering ample space.
  • Two tracts of land available: 1.164 acre and 1.155 acre.
  • Features valuable FM 92 highway frontage.

Local Financial Insights For Apartment 5plus

Simulate Cap Rate and NOI

NOI Build-Up
Vacancy
income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
EGI (Effective Gross Income)
gross rent minus vacancy losses — the realistic income before paying operating costs.
OpEx (Operating Expenses)
recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
NOI (Net Operating Income)
income a property generates after operating costs but before financing and taxes.

Component $ $/SF
Gross rent $12.3k $15.36
− Vacancy −$741 −$0.92
EGI $11.6k $14.44
− OpEx −$5.2k −$6.50
NOI $6.4k $7.94
804 SF · lease $15.36/SF/yr · vacancy 6.00% · expense 45.00%

Alternative Uses

Best Use
Apartment 5plus
$91.2K
$79.8K – $106.4K (±1% cap)
NOI $6,385 @ 7.0% cap · market cap 5.55%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$189.9K
$166.1K – $221.5K (±1% cap)
NOI $13,291 @ 7.0% cap · market cap 11.56%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Single family properties

Suggested Use

Real Estate Agency Restaurant Auto Repair Shop Spa & Massage Center Storage Facility (Bike/Boat/Book/etc) Store Grocery & Convenience Store HVAC Service Gym & Fitness Center Tattoo & Piercing Shop

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

FAQs

What type of property is this?
Single family property - Two tracts totaling 2.31 acres with multiple existing structures, marketed as land value along FM 92 frontage.
Where is this single family property located?
The property is located at 2192 FM 92 Silsbee, TX.
What is the asking price?
The asking price for this property is $115,000.
What are key features of this property?
This property features: 2.31 acres of land, offering ample space.; Two tracts of land available: 1.164 acre and 1.155 acre.; Features valuable FM 92 highway frontage.
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