101 N Mesquite ST Active Save Request In-Person Tour Request Virtual Tour
Hico,TX 76457
Key Details
Property Type Commercial
Sub Type Business
Listing Status Active
Purchase Type For Sale
Square Footage 9,600 sqft
Price per Sqft $203
Subdivision Orig Hico
MLS Listing ID 20880367
HOA Y/N No
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,Luxury VinylPlank,Tile
Inclusions Building Only,Business
Fireplace No
Exterior
Parking Features Asphalt,On Site
Utilities Available Electricity Connected,Sewer Available,Water Available
Water Access Desc Public
Roof Type Composition
Building
Story 2
Foundation Slab
Sewer Public Sewer
Water Public
Others
Tax ID R20119
Virtual Tour https://www.propertypanorama.com/instaview/ntreis/20880367