Mixed-Use Property with Equipment
3411 NE CR 3090 Rd, Kerens, TX 75144
For Sale
New
$799,000
CommercialSale, Kerens, TX
Property Size2,260 SF
Lot Size21.98 Acres
Price / SF$353.54
Days on Market3
Property Features for 3411 NE CR 3090 Rd
General Information
Property type
Property subtype
Zoning description
Parking features
Security features
Lot features
Directions
Standard status
APN
Size
Lot size
Taxes and HOA fees
Tax Description
Tax Annual Amount
Legal Description
Utilities
Sewer type
Heating system
Cooling system
Building Details
Year built
Floors in Building
Number of units
Flooring type
Building materials
Roof type
Listing Agency:
Premier Realty
(903) 205-1717
Listed By:
Stormy Hornik · License TX #0770931
(903) 467-9654
Added: Nov 7
Last Checked: Nov 9 at 11:06AM
MLS# 21429539
Copyright © 2026 North Texas Real Estate Information Systems, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
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Investment Insights
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This 21.979-acre mixed-use property includes a workshop and covered equipment shed with electrical service, lighting, shelving, storage, air hoses, and a 220V welder connection. A separate bay has a 50-amp RV hookup. The acreage is used for commercial operations and hay production, and also includes a stocked pond. Underground utilities and perimeter fencing are in place, with two gated entrances for property access.
The residence was built in 2008 and has four bedrooms, 2.5 bathrooms, two living areas, an attached two-car garage, and a wood-burning fireplace. The kitchen and primary bath have been updated. The roof and HVAC heat pump were replaced in 2023. Outdoor residential features include a pool, hot tub, covered patio, and grilling area. The property is approximately 30 minutes from Corsicana.
The residence was built in 2008 and has four bedrooms, 2.5 bathrooms, two living areas, an attached two-car garage, and a wood-burning fireplace. The kitchen and primary bath have been updated. The roof and HVAC heat pump were replaced in 2023. Outdoor residential features include a pool, hot tub, covered patio, and grilling area. The property is approximately 30 minutes from Corsicana.
Key Highlights
- 21.979 acres with current commercial operations and hay production
- Workshop and covered equipment shed include lighting, shelving, storage, air hoses, and a 220V welder connection
- Separate RV or boat storage bay with 50‑amp RV hookup
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.
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Current Use
Location Intelligence
Trade Area within ½ mile
2
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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
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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 CR 3090 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; Workshop and covered equipment shed include lighting, shelving, storage, air hoses, and a 220V welder connection; Separate RV or boat storage bay with 50‑amp RV hookup
