$1,950,000
( )
 $11,072 est/mo Sourced by Back At You

101 N Mesquite Street , Hico, TX 76457

Hico, TX 76457

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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.

Details

MLS#20880367
Listing TypeFor Sale
Sub-TypeResale
StatusActive
Year1978
Days On Site30
Listing Provided ByBLACK REAL ESTATE, LLC | Christi Black

Features

SQ Feet9,600
Story(s)2
Units16
ZoningResidential
Acreage0.40

All information provided by the seller and is deemed to be correct, but is not guaranteed. Buyer to verify and satisfy themselves with all information listed including but not limited to lot size, room sizes and square footage.  Buyers are encouraged to have property inspected by inspector of their choice.  Price subject to change.

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Listings Checked: 1 minute ago
StateTX
CountyHamilton
CityHico
Zip Code76457
AreaHamilton
Community NameOrig Hico
Listing VS Median (In Orig Hico)
Price:
$1,950,000
low | high
Med:
$254,950
100% of Average
SqFt:
9,600
low | high
Med:
1,631
100% of Average
$ / SqFt:
$203
low | high
Med:
$157
72.665968159725% of Average
On site:
30
low | high
Med:
71.000000
42.253521126761% of Average
Sourced by Back At You
Listing Updated: March 24, 2025 at 7:30:57 PM PDT