237 Signal Street, Kempner, TX 76539
- Added:
- Sep 27, 2025
- Days on Market:
- 278
- Last Refresh:
- Jun 30 at 11:06 pm
Property Features for 237 Signal Street
General Information
- Property type
- Commercial Sale
- Property subtype
- Other
- Interior features
- BedroomOnMainLevel, FullBathOnMainLevel
- Standard status
- Active
- APN
- 4602
- Size
- 5,824 SF
- Lot size
- 1.46 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Description
- LOT: N/A BLK: PT 1 S&E 2 TRS ADDN: TOWN OF KEMPNER
- Tax Annual Amount
- 9766
Utilities
- Sewer type
- Septic Tank, Public Sewer
- Cooling system
- Window Unit(s)
Building Details
- Year built
- 2004
- Floors in Building
- 1
- Flooring type
- Vinyl
- Building materials
- BoardAndBattenSiding
- Roof type
- Composition, Shingle
Listing agent Jessica Rock License #0687100 (361) 695-1956
Listing office Keller Williams Coastal Bend 4518 Everhart Rd Ste 101, TX (361) 225-7900
Listing date Sep 27, 2025
Copyright © 2026 Central Texas Multiple Listing Service. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
HighLights
- Almost 1.5‑acre property with six 2‑bedroom, 1‑bath homes
- All homes are tenant‑occupied under 12‑month leases
- Roofs replaced a couple of years ago
- Shared well services the residences
- Year built 2004; board‑and‑batten siding and vinyl flooring
- Utilities include septic tank and public sewer; cooling with window unit(s)
Overview
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 | $90.9k | $15.60 |
| − Vacancy | −$6.2k | −$1.06 |
| EGI | $84.7k | $14.54 |
| − OpEx | −$38.1k | −$6.54 |
| NOI | $46.6k | $8.00 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Kempner
- County
- Lampasas
- State
- Texas
- Longitude
- -98.001628
- Latitude
- 31.083405
