19
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$1,950,000
Est. payment /mo
0.4 Acres Lot
Active
101 N Mesquite Street Hico, TX 76457
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Key Details
Property Type Commercial
Sub Type Business
Listing Status Active
Purchase Type For Sale
Subdivision Orig Hico
MLS Listing ID 20880367
Total Fin. Sqft 9600
Year Built 1978
Annual Tax Amount $7,110
Lot Size 0.396 Acres
Acres 0.396
Property Sub-Type Business
Property Description
Welcome to Hometown Apartments — a standout investment property in the heart of Hico, Texas. Located at 101 N Mesquite St, this 16-unit complex features a mix of 1-bedroom 1-bath and 2-bedroom 1-bath units. The entire property was fully remodeled approximately five years ago, offering updated interiors and modern finishes throughout. A brand-new roof was also installed this year, ensuring durability and low maintenance for years to come. With a strong rental history, the complex is almost always fully occupied and typically has a waitlist, reflecting high tenant demand. Just steps from downtown Hico and Hico Hall, residents enjoy convenient access to local dining, shopping, and community events. Whether you're a seasoned investor or looking to expand your portfolio, Hometown Apartments is a turnkey opportunity with stable cash flow and long-term value.
Location
State TX
County Hamilton
Zoning Residential
Direction 101 N Mesquite
Interior
Heating Central, Electric
Cooling Central Air, Electric
Flooring Luxury Vinyl Plank, Tile
Heat Source Central, Electric
Exterior
Utilities Available City Sewer, City Water, Electricity Connected
Roof Type Composition
Garage No
Building
Foundation Slab
Structure Type Siding
Others
Ownership Bogart RE Holdings
Virtual Tour https://www.propertypanorama.com/instaview/ntreis/20880367
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Listed by Christi Black • BLACK REAL ESTATE, LLC