101 N Mesquite Street, Hico, Texas 76457

TX, Hico
$1,950,000
  • 0.40 Acre
  • Commercial Sale Property Type
  • 1978 Year Built
  • Active Status
Steven M
Steven M Realtyna
  • 112-345-768
  • Support@Realtyna.com
  • 200 Continental Drive, Suite 401, Newark, DE 19713 USA
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.

Basic Details
  • Property Type: Commercial Sale
  • Listing Type: For Sale
  • Listing ID: 20880367
  • Price: $1,950,000
  • Year Built: 1978
  • Lot Area: 0.40 Acre
  • Listing Status: Active
  • Office Name: BLACK REAL ESTATE, LLC
  • Agent Name: Christi Black
  • Property Sub Type: Business
  • Roof: Composition
Features
  • Heating System Central,Electric
  • Cooling System Central Air,Electric
  • Parking On Site,Asphalt
  • Utilities Sewer Available,Water Available,Electricity Connected
  • Flooring Luxury Vinyl,Tile,Luxury VinylPlank
  • Sewer Public Sewer
Address Map
  • Country US
  • State TX
  • County Hamilton
  • City Hico
  • Zipcode 76457
  • Street: Mesquite
  • Street Number: 101
  • Street Suffix: Street
  • Longitude: W99° 58' 14.1''
  • Latitude: N31° 58' 53.4''
  • Directions: 101 N Mesquite
  • Street Dir Prefix: N
Additional Information
  • Virtual Tour: https://www.propertypanorama.com/instaview/ntreis/20880367
  • Building Size: 9600
  • Business Type: Rental
  • Foundation Details: Slab
  • Number Of Units Total: 16
  • Possible Use: Other
  • Stories Total: 2
Financial
  • Tax Annual Amount: 7110.0
Listing Information
  • Co List Agent Full Name: Ashley Holt
  • Co List Agent Mls Id: 0748794
  • Co List Office Mls Id: BLK00SV
  • Co List Office Name: BLACK REAL ESTATE, LLC
  • List Agent Mls Id: 0491677
  • List Office Mls Id: BLK00SV
  • Mls Status: Active
  • Modification Timestamp: 2025-03-25T00:11:03Z
  • Originating System Name: NTR
  • Status Change Timestamp: 2025-03-24T14:27:24Z
MLS On The Fly

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