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Hornsby Bend, TX High Income Commercial Investment Properties for Sale

Explore commercial real estate investment properties for sale in Hornsby Bend, Texas Market population: 8K. Explore income-producing properties with verified cap rates and...

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12 properties found
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⭐ Featured

Strategic Oakland Investment: 5476 Vicente Way in High-Demand 94609 Zip Code

$1,200,000
Oakland Multifamily

Discover a compelling real estate investment in the vibrant city of Oakland, California. This property at 5476 Vicente W...

Cap Rate 2.70%
NOI $32,400
Size 1,800 SF

📊 Avg Property Tax Rate For Hornsby Bend TX Properties: 1.3000%

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High-Cap-Rate Value-Add Multifamily Investment in Oakland

$2,299,999
Oakland Multifamily

Discover a compelling value-add opportunity in Oakland’s vibrant real estate market. This six-unit multifamily propert...

Cap Rate 7.97%
NOI $183,323
Size 6,104 SF

Investor Questions For Hornsby Bend TX

Common questions from investors exploring commercial real estate in Hornsby Bend TX.

What's the overall investment potential of Hornsby Bend, TX, considering its demographics and economy? +
With a median household income of $51,377 and a poverty rate of 12.6%, Hornsby Bend presents a relatively stable market, especially when combined with its 77% health insurance coverage, indicating a working population with access to healthcare. The city's diverse population, comprising 34.6% Hispanic, 23.9% White, and 11.7% Black residents, along with a foreign-born rate of 22.1%, suggests a culturally rich environment that could attract a variety of tenants.
How does the commute time and method impact the quality of life for residents and potential tenants in Hornsby Bend? +
The average commute time of 35 minutes, with top methods being driving alone, working from home, and carpooling, indicates a manageable commute that could appeal to potential tenants. This, coupled with a health insurance rate of 77%, suggests that residents have a decent quality of life, which is crucial for market stability. Additionally, the top industries, including professional services and public administration, provide a foundation for employment stability, further enhancing the area's attractiveness.
What are the implications of Hornsby Bend's economic indicators, such as the GINI coefficient and median property value, for real estate investors? +
The GINI coefficient of 0.292, which is relatively low, indicates a more equal distribution of income, suggesting a stable economic environment. When considered alongside the median property value of $115,500 and median property taxes of $1,619, Hornsby Bend appears to offer affordable housing options with manageable tax burdens, making it an attractive location for both investors and tenants. The employed population of 3,952 and top industries like professional services also contribute to the area's economic stability.
How does the ethnic diversity and industry mix in Hornsby Bend influence market demand for real estate? +
The ethnic diversity, with significant Hispanic, White, and Black populations, contributes to a vibrant community that can attract a broad range of tenants. The mix of top industries, including professional, scientific, and management services, as well as transportation and utilities, provides a solid base for employment opportunities, which in turn drives demand for housing. This diversity and industry mix, combined with the city's relatively high homeownership rate of 81%, suggest a strong and stable real estate market.
What insights can be gleaned from Hornsby Bend's poverty rate, health insurance coverage, and commute time regarding tenant quality and market stability? +
The 12.6% poverty rate, although a concern, is somewhat mitigated by the 77% health insurance coverage, indicating that a significant portion of the population has access to healthcare, a factor that contributes to employment stability and, by extension, tenant quality. The average commute time of 35 minutes, while not excessively long, suggests that residents may prioritize affordability and accessibility in their housing choices, making well-located properties in Hornsby Bend potentially attractive to tenants seeking a balance between cost and convenience.

Hornsby Bend TX Real Estate & City Facts

Key facts and real estate information about Hornsby Bend TX.

What are some of the best neighborhoods to live in Hornsby Bend? +
Some of the best neighborhoods to live in Hornsby Bend include the Hornsby Bend neighborhood itself, which is known for its affordability and long-term expectations. Other nearby neighborhoods like Addison North are also popular for their diversity, friendliness, and easy access to major roadways.
What are some fun things to do in Hornsby Bend? +
There are plenty of fun things to do in Hornsby Bend, including visiting the Hornsby Bend Bird Observatory, which offers an unparalleled experience for birdwatchers. You can also explore the Southern Walnut Creek Greenbelt, Boggy Creek Greenbelt Trail, and other nearby attractions like the Fall Creek Vinyards in Tow, TX.
What is the food scene like in Hornsby Bend? +
The food scene in Hornsby Bend is diverse and exciting, with plenty of great restaurants to choose from. Some popular options include Dragon Express, Fresh Donuts, Amorcito Taqueria 3, Al Sabor Del Chef, and El Naranjo, which serves traditional Mexican food. There are also plenty of great food trucks and delivery options available through services like Seamless.
What are the pros and cons of living in Hornsby Bend? +
The pros of living in Hornsby Bend include its affordability, long-term expectations, and easy access to major roadways. However, some cons include the area's rapid growth and potential traffic issues. Additionally, some residents have noted that the area can be a bit quiet and suburban, which may not be ideal for everyone.
Is Hornsby Bend a good place to live? +
Overall, Hornsby Bend is a great place to live for those who value affordability, diversity, and easy access to outdoor activities. While it may not be the best fit for everyone, the area's unique blend of suburban charm and natural beauty makes it an attractive option for many. As with any neighborhood, it's essential to weigh the pros and cons and consider your individual priorities and preferences before making a decision.
⭐ Featured

Prime Oakland Multifamily Investment: 6-Unit Apartment Building with 7.97% Cap Rate in Temescal

$2,299,999
Oakland Apartment Building

Presenting a high-yield investment opportunity at 5476 Vicente Way in Oakland's sought-after Temescal neighborhood. This...

Cap Rate 7.97%
NOI $183,300
Size 0 SF

📊 Average Income For Hornsby Bend TX Commercial Property: $51,377

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Prime Oakland Multifamily Investment: 6-Unit Property with 7.97% Cap Rate in Temescal

$2,299,999
Oakland Multifamily

Discover a compelling investment opportunity at 5476 Vicente Way in Oakland's vibrant Temescal neighborhood. This well-m...

Cap Rate 7.97%
NOI $183,324
Size 0 SF
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Prime 18-Unit Multifamily Investment in Central City, CO - 5.70% Cap Rate

$5,800,000
Central City Multifamily

Discover a prime multifamily investment opportunity at 101 Gregory St in Central City, Colorado. This 18-unit mid-rise a...

Cap Rate 5.70%
NOI $330,380
Size 13,454 SF
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New Construction 18-Unit Multifamily Asset in Central City, CO - 5.70% Cap Rate

$5,800,000
Central City Multifamily

Discover a prime multifamily investment opportunity at 101 Gregory St in Central City, Colorado. This 18-unit mid-rise a...

Cap Rate 5.70%
NOI $330,380
Size 13,454 SF
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New Construction 18-Unit Multifamily Asset in Central City, CO - 5.70% Cap Rate

$5,800,000
Central City Multifamily

Discover a compelling investment in Central City, Colorado, with this newly constructed 18-unit multifamily property at...

Cap Rate 5.70%
NOI $330,380
Size 13,454 SF
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Prime Value-Add Opportunity: 8-Unit Multifamily Asset in San Fernando, CA

$1,750,000
San Fernando Multifamily

Presenting a compelling value-add opportunity in the heart of San Fernando, California, this 8-unit multifamily property...

Cap Rate 6.66%
NOI $116,550
Size 5,040 SF
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Prime Valley Village Multifamily: 48-Unit Modern Apartment Complex with 3.39% Cap Rate

$30,000,000
Valley Village Multifamily

Discover a prime multifamily investment opportunity in the desirable Valley Village neighborhood of Los Angeles County....

Cap Rate 3.39%
NOI $1,017,000
Size 52,393 SF
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Prime San Fernando Multifamily: 5-Unit Value-Add Opportunity with 7.76% Cap Rate

$1,275,000
San Fernando Multifamily

Discover a compelling multifamily investment in the heart of San Fernando, California. This 5-unit apartment property, p...

Cap Rate 7.76%
NOI $98,945
Size 10,888 SF
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Prime Turnkey Investment: Modern 2022 Multifamily Condo in Miami's High-Growth 33127

$2,450,000
Miami Multifamily (Condo)

Discover a prime investment opportunity at 136 NW 26th St in Miami, Florida. This Class B multifamily condo property, bu...

Cap Rate %
NOI $0
Size 30,000 SF
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Prime Investment Opportunity: 1531 Green St, Philadelphia, PA - Value-Add Multifamily Asset

$1,375,000
Philadelphia Multifamily

Discover a prime investment opportunity at 1531 Green St in Philadelphia, PA, a dynamic multifamily property offering co...

Cap Rate %
NOI $0
Size 6,624 SF
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