7305 Old Hearne Rd Hearne, TX 77859
49-space RV park with city water, septic systems, and an on-site clubhouse and laundry facilities.
Property Features for 7305 Old Hearne Rd
General Information
- Standard status
- Active
- Size
- 7,640 SF
- Lot size
- 9.60 Acres
- Property subtype
- RV Park
Building Details
- Year Built
- 2021
Listing office (713) 452-4309
Listing date Jul 10, 2026
Source Marcusmillichap
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All listing content including descriptions, pricing, images are the copyrighted material of David Tietz
Investment Insights
Based on property information with market context.
The property is offered as a combined opportunity or with parceling options. A 7,640-square-foot warehouse is included and can be purchased together with the RV park, and the RV park can be parceled on its 6.3-acre tract if the warehouse is sold separately. The current onsite manager maintains the grounds in exchange for a complimentary space and $1,500 per month and is willing to remain post-sale.
Operational economics are supported by current rate structure, including monthly, weekly, and daily pricing, and the park has historically operated at approximately 80% occupancy.
Key Highlights
- 2021‑built 49‑space RV park in Hearne, TX, about 15 minutes north of Bryan/College Station on Highway 6
- Income figures include an 8.90% capitalization rate and estimated net operating income of $124,574
- Park amenities include high‑speed internet plus a clubhouse with 3 washers/dryers and 3 bathrooms with showers
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 | $140.3k | $18.36 |
| − Vacancy | −$7.0k | −$0.92 |
| EGI | $133.3k | $17.44 |
| − OpEx | −$60.0k | −$7.85 |
| NOI | $73.3k | $9.59 |
