101 N Mesquite Street Active

Hico,TX 76457

$ 1950000

- Bed

- Bath

- SqFt


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

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