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44-Unit Apartment Community
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222 FM 485, Hearne, TX 77859

The community features an all-two-bedroom mix and capital improvements completed between 2017 and 2019.

Property Size34,320 SF
Lot Size2.50 Acres
Days on Market9

Property Features for 222 FM 485

General Information

Standard status Active
Size 34,320 SF
Total Parking Spaces 120
Lot size 2.50 Acres
Property subtype Multifamily
Occupancy 95%
Investment Type Stabilized

Units

Unit Mix 44 x 2BR
Multifamily Units 44

Building Details

Year Built 1982
Buildings 11
Units 44
Tenancy Multi
Listing Agency: Colliers - Dallas, Texas
Listed By: Todd Franks · License #TX 479935
Source: Crexi
Added: Aug 28 Changed: Sep 1 Last Checked: Sep 1 at 10:10PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Colliers - Dallas, Texas

Investment Insights

Based on property information with market context.

This 34,320 SF apartment community, built in 1982, contains 44 units arranged among 11 quadplex buildings. Every residence is a two-bedroom unit. Property improvements completed during 2017-2019 included roofs, windows, Hardie siding, most water heaters and HVAC units, along with work to the parking areas.

The property occupies over 2.5 acres at 222 FM 485 in Hearne, Texas, approximately 20 minutes north of Bryan-College Station. Historical occupancy has been in the mid-90s, providing an established operating history for the community.

Key Highlights

  • 44 units arranged across 11 quadplex buildings
  • 100% two‑bedroom unit mix
  • 34,320 SF apartment community built in 1982

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Parking Lot & Garage Auto Parts Store Grocery & Convenience Store Pharmacy (Bike/Boat/Book/etc) Store Big Box & Wholesale Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

44
Residential units

Location Intelligence

Trade Area within ½ mile

50
Businesses Nearby

Demographics for 77859, TX

7,131
Population
3,361
Households
2.1
Avg Household Size
39
Median Age
14%
College-Educated
82%
High-School Grad
156.8 sq mi
ZIP Area
45
Density / Sq Mi
$52,214
Median Household Income
$28,060
Median Earnings
$651
Median Rent
$160,900
Median Home Value

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
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Frequently Asked Questions

What type of property is this?
Apartment building - The community features an all-two-bedroom mix and capital improvements completed between 2017 and 2019.
Where is this apartment building located?
The property is located at 222 FM 485 Hearne, TX.
What are key features of this property?
This property features: 44 units arranged across 11 quadplex buildings; 100% two‑bedroom unit mix; 34,320 SF apartment community built in 1982
More about this property
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