Mixed-Use Property with Equipment
3411 Ne County Road 3090th Rd, Kerens, TX 75144
For Sale
$799,000
Acreage combines a workshop, equipment storage, hay production, and a four-bedroom residence.
Property Size2,260 SF
Price / SF$353.54
Days on Market8
Property Features for 3411 Ne County Road 3090th Rd
General Information
Standard status
Size
Property subtype
Building Details
Year Built
Listing Agency:
Premier Realty
Listed By:
Stormy Hornik · License TX #0770931
(214) 683-8181
Source:
Realestatestation
Added: Nov 5
Changed: Nov 10
Last Checked: Nov 10 at 2:27PM
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 Premier Realty
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Investment Insights
Based on property information with market context.
This 21.979-acre mixed-use property near Kerens includes a 2,260-square-foot, four-bedroom home with 2.5 bathrooms, two living areas, and an attached two-car garage. The residence was built in 2008 and has a wood-burning fireplace, updated kitchen and primary bath, and a 2023 roof and HVAC heat pump. A covered equipment shed and workshop feature electrical service, lighting, shelving, storage, air hoses, and a 220V welder connection. A separate storage bay has a 50-amp RV hookup.
Two gated entrances measure approximately 24 feet and 20 feet wide. The grounds include underground utilities, perimeter fencing, hay-producing acreage, and a stocked pond. The property is about 30 minutes from Corsicana.
A pool, hot tub, covered patio, grilling area, and dedicated dog run are also on site. Current uses include commercial operations and hay production; buyers should verify zoning, permits, and intended uses.
Two gated entrances measure approximately 24 feet and 20 feet wide. The grounds include underground utilities, perimeter fencing, hay-producing acreage, and a stocked pond. The property is about 30 minutes from Corsicana.
A pool, hot tub, covered patio, grilling area, and dedicated dog run are also on site. Current uses include commercial operations and hay production; buyers should verify zoning, permits, and intended uses.
Key Highlights
- 21.979 acres with current commercial operations and hay production
- 2,260‑square‑foot residence built in 2008; 4 bedrooms and 2.5 bathrooms
- Covered workshop and equipment shed with 220V welder connection and air hoses throughout
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$22,883
Cap Rate
2.86%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$457,660
$457.7K
Cap Rate 7%
$326,900
$326.9K
Cap Rate 9%
$254,256
$254.3K
Market Conditions
NOI Build-Up for 2,260 SF
Gross rent
$40.7K $18.00/SF
− Vacancy
−$4.1K −$1.80/SF
EGI
$36.6K $16.20/SF
− OpEx
−$13.7K −$6.07/SF
NOI
$22.9K $10.13/SF
Area
Navarro County, TX
Vacancy
10.00%
Lease Rate
$18.00 /SF/Yr
Expense Ratio
37.50%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$457,660
Cap Rate 7%
$326,900
Cap Rate 9%
$254,256
Alternative Uses
Best Use
Mixed Use
$326.9K
$286.0K – $381.4K
NOI $22,883 @ 7.0% cap · market cap 2.86%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$795.0K
$695.6K – $927.5K
NOI $55,650 @ 7.0% cap · market cap 6.96%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
3
Businesses Nearby
Explore this area
Business Placement
Demographics for 75144, TX
3,462
Population
1,655
Households
2.1
Avg Household Size
47
Median Age
21%
College-Educated
89%
High-School Grad
173.7 sq mi
ZIP Area
20
Density / Sq Mi
$62,528
Median Household Income
$33,354
Median Earnings
$847
Median Rent
$156,400
Median Home Value
Frequently Asked Questions
What type of property is this?
Mixed-use property - Acreage combines a workshop, equipment storage, hay production, and a four-bedroom residence.
Where is this mixed-use property located?
The property is located at 3411 Ne County Road 3090th Rd Kerens, TX.
What is the asking price?
The asking price for this property is $799,000.
What are key features of this property?
This property features: 21.979 acres with current commercial operations and hay production; 2,260‑square‑foot residence built in 2008; 4 bedrooms and 2.5 bathrooms; Covered workshop and equipment shed with 220V welder connection and air hoses throughout
