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Hurst, IL Commercial Investment Properties for Sale

Explore commercial real estate investment properties for sale in Hurst, Illinois Market population: 38K. Explore income-producing properties with verified cap rates and operating...

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⭐ Featured

Investment Opportunity in La Grange Park, IL

$1,190,000
La Grange Park Multifamily

This multifamily apartment property located in La Grange Park, IL, presents a compelling investment opportunity for real...

Cap Rate 7.68%
NOI $91,392
Size 5,200 SF

πŸ“Š Average Cap Rate For Hurst TX Properties: 7.68%

πŸ“Š Avg Property Tax Rate For Hurst TX Properties: 1.6000%

πŸ“Š Average Income For Hurst TX Commercial Property: $51,908

Investor Questions For Hurst TX

Common questions from investors exploring commercial real estate in Hurst TX.

What is the overall investment potential of Hurst, TX, considering its demographic and economic factors? +
Hurst, TX offers a stable investment market with a median household income of $51,908, a relatively low poverty rate of 11.8%, and a high health insurance coverage rate of 81.6%, indicating a strong and stable tenant base. The city's diverse economy, led by industries such as Agriculture, Forestry, Fishing & Hunting, & Mining, and Information, supports a population with a median age of 36.8 and a foreign-born rate of 14.5%. With a median property value of $134,700 and median property taxes of $9,573, Hurst, TX presents an attractive opportunity for real estate investors.
How does the city's commute time and transportation infrastructure impact the quality of life for residents and potential tenants? +
The average commute time of 24.9 minutes in Hurst, TX, combined with the top commute methods of driving alone, working from home, and carpooling, suggests a convenient and flexible transportation infrastructure. This, along with a public transportation usage rate of 1.2%, indicates a good quality of life for residents and potential tenants, making the city an attractive location for investment. The relatively low poverty rate of 11.8% and high health insurance coverage rate of 81.6% further support the stability of the tenant base.
What role does ethnic diversity play in shaping the demand for real estate in Hurst, TX, and how does it impact investment potential? +
The ethnic diversity of Hurst, TX, with top ethnicities including White (41.1%), White Non-Hispanic (33.1%), and Hispanic (13.1%), contributes to a vibrant and dynamic community. This diversity, combined with a median household income of $51,908 and a strong employment base, supports a stable demand for real estate. The city's diversity also attracts a wide range of industries, including Agriculture, Forestry, Fishing & Hunting, & Mining, and Information, which in turn supports a growing and diverse population.
How do the poverty rate and health insurance coverage in Hurst, TX impact the quality and stability of potential tenants? +
The poverty rate of 11.8% in Hurst, TX, although relatively low, is offset by a high health insurance coverage rate of 81.6%, indicating a stable and employed population. This combination suggests that potential tenants are likely to be working-class individuals with access to healthcare, making them more reliable and stable tenants. The median household income of $51,908 and the diverse economy of the city further support the quality and stability of the tenant base.
What are the implications of the city's homeownership rate and median property value for real estate investors? +
The homeownership rate of 62.3% in Hurst, TX, combined with a median property value of $134,700, suggests a relatively stable and affordable housing market. This, along with median property taxes of $9,573, presents an attractive opportunity for real estate investors. The city's strong employment base, led by industries such as Agriculture, Forestry, Fishing & Hunting, & Mining, and Information, and its diverse population, support a growing demand for housing, making it an ideal location for investment.

Hurst TX Real Estate & City Facts

Key facts and real estate information about Hurst TX.

What are some of the best neighborhoods to live in Hurst? +
Some of the best neighborhoods to live in Hurst include Bellaire Park, Brookhollow, Hurst Hills, Hurst Meadows, and Woodland Springs. These neighborhoods offer a range of housing options and are known for their good schools and family-friendly atmosphere. For example, Bellaire Park is a popular choice for families with kids, while Brookhollow is known for its more affordable housing options.
What are some fun things to do in Hurst? +
There are plenty of fun things to do in Hurst, including visiting the North East Mall, Chisholm Aquatics Center, and Chisholm Park. You can also check out the iFLY Indoor Skydiving facility or play a round of golf at one of the local courses. If you're looking for something more adventurous, you can head to the nearby Six Flags Over Texas theme park or take a tour of the AT&T Stadium. Additionally, the city hosts various events and festivals throughout the year, such as the Hurst Fest and the Christmas Parade.
What is the food scene like in Hurst? +
The food scene in Hurst is diverse and offers a range of options to suit every taste and budget. You can find everything from traditional American cuisine to Mexican, Italian, and Asian food. Some popular restaurants in the area include Abuelo's Mexican Restaurant, LA Bistro Italian Restaurant, and Bacon's Bistro and Cafe. There are also plenty of great food trucks and casual eateries, such as Yori and James Provisions, that serve up delicious and unique dishes. Whether you're in the mood for a fancy dinner or a quick bite, Hurst has something for everyone.
What are the pros and cons of living in Hurst? +
One of the pros of living in Hurst is its convenient location, with easy access to major highways and airports. The city also has a strong sense of community, with plenty of parks, trails, and community events. However, some cons of living in Hurst include the traffic and congestion on the highways, as well as the limited public transportation options. Additionally, some areas of the city can be quite crowded and noisy, especially near the mall and major roads. Overall, Hurst is a great choice for families and individuals who want a suburban lifestyle with easy access to city amenities.
Is Hurst a good place to live? +
Hurst is a great place to live for people who want a suburban lifestyle with easy access to city amenities. The city has a strong sense of community, good schools, and plenty of parks and trails. While it may not be the best fit for everyone, especially those who prefer a more urban lifestyle, Hurst is a great choice for families and individuals who want a safe and welcoming community. With its diverse food scene, range of housing options, and convenient location, Hurst is definitely worth considering for anyone looking to move to the Dallas-Fort Worth area.
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