Hico, TX 76457,101 N Mesquite ST
Hico, TX 76457,101 N Mesquite ST
Hico, TX 76457,101 N Mesquite ST
Hico, TX 76457,101 N Mesquite ST
Hico, TX 76457,101 N Mesquite ST
Hico, TX 76457,101 N Mesquite ST
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$ 1,950,000
Est. payment | /mo

9,600 SqFt


$ 1,950,000
Est. payment | /mo

9,600 SqFt

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

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101 N Mesquite ST