Hillsboro TX Multi Family for Sale
$1,600,000
208 N Church Street Hillsboro, TX 76645
- Type:
- Other
- Sq.Ft.:
- 15,250
- Status:
- Active
- Beds:
- 2
- Lot size:
- 0.65 Acres
- Year built:
- 1984
- Baths:
- 1.00
- MLS#:
- 20521480
- Subdivision:
- Harden
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Courtesy: Compass Re Texas, Llc
ADDITIONAL INFORMATION
Compass Commercial is pleased to present exclusively for sale the Hillsboro Oaks Apartments. Located in downtown Hillsboro, TX just two city blocks from the Hill County courthouse with easy access to I-35, and less than a 1 hour drive from Fort Worth. Acquisition of this 20 unit apartment complex presents a value add opportunity for multi family investors. All 2 bed, 2 bath units range from approximately 750-1,000 SqFt and rent for an average of $1 per SqFt plus utilities. Units were renovated in 2021 with new materials, systems and features including carpet, countertops, paint, LVP flooring, appliances, HVAC units, resurfaced parking lot and new metal roofing and siding. Please contact listing agent for non-disclosure agreement to view rent roll and expenses.
- Type:
- Other
- Sq.Ft.:
- 5,548
- Status:
- Active
- Beds:
- 14
- Lot size:
- 0.19 Acres
- Year built:
- 1945
- Baths:
- 3.00
- MLS#:
- 20399743
- Subdivision:
- Hillsboro Ot
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Courtesy: Julie Siddons, Realtors
ADDITIONAL INFORMATION
This historic hotel with roots dating back to the late 1800's is a rare diamond that offers an exceptional opportunity for real estate investment. The hotel has undergone partial renovations in the 80's. Great potential for generating income through hotel or Air BNB operations or event rentals. Located in the central business district of Hillsboro's Main Street just steps away from the courthouse square. The partial renovations already completed have reduced the amount of work needed to get the property up and running again. Bottom floor has been occupied until recently. Private Courtyard and gated covered parking. A must-see for anyone looking to invest in real estate in the growing city of Hillsboro that is centrally located between DFW and Waco. Adjoining Shop at 120 S Covington is available for sale and can be purchased together. Bring your vision!
The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of the NTREIS Multiple Listing Service. Real estate listings held by brokerage firms other than this broker are marked with the Broker Reciprocity logo and detailed information about them includes the name of the listing brokers. ©2024 North Texas Real Estate Information Systems
Hillsboro Real Estate
The median home value in Hillsboro, TX is $74,900. This is lower than the county median home value of $96,500. The national median home value is $219,700. The average price of homes sold in Hillsboro, TX is $74,900. Approximately 45.12% of Hillsboro homes are owned, compared to 36.49% rented, while 18.39% are vacant. Hillsboro real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Hillsboro real estate agent to arrange a tour today!
Hillsboro, Texas has a population of 8,325. Hillsboro is less family-centric than the surrounding county with 26.57% of the households containing married families with children. The county average for households married with children is 30.2%.
The median household income in Hillsboro, Texas is $35,729. The median household income for the surrounding county is $45,970 compared to the national median of $57,652. The median age of people living in Hillsboro is 33.9 years.
Hillsboro Weather
The average high temperature in July is 95 degrees, with an average low temperature in January of 34.8 degrees. The average rainfall is approximately 37.6 inches per year, with 0.5 inches of snow per year.