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Storefront Property Under Renovation
For Lease
$1,600/Mo

231 E Elm Street, Hillsboro, TX 76645

CommercialLease, Hillsboro, TX

Space SizeContact for details
Lot Size0.07 Acres
Days on Market75

Property Features for 231 E Elm Street

General Information

Property type Commercial Lease
Property subtype Other
Zoning description Commercial Central Business District
Parking features On Street, Carport
Subdivision Mc Mullen
Lot features Level, Subdivision
Directions From the courthouse in downtown Hillsboro go East on Elm. Property on left
Standard status Active
APN 134280
Lot size 0.07 Acres

Taxes and HOA fees

Tax Description MC MULLEN BLK 7 LT 1A
Legal Description MC MULLEN BLK 7 LT 1A

Utilities

Sewer type Public Sewer
Heating system Electric (Heating)
Cooling system Wall Unit(s), Electric
Water source Public

Building Details

Floors in Building 1
Number of units 1
Flooring type Vinyl
Building materials Brick, Stucco
Listing Agency: Julie Siddons REALTORS, LLC
Listed By: Lacey Whitehouse
Added: Jul 10 Changed: Sep 17 Last Checked: Sep 22 at 10:06PM
MLS# 21217342

Copyright © 2026 North Texas Real Estate Information Systems, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This storefront property at 231 E Elm Street is undergoing renovation with the interior being prepared in a white-box condition. Planned improvements include repairs and refresh work to the exterior walls, along with new concrete and a parking pad behind the building. The property encompasses 0.073 acres and has brick and stucco construction, vinyl flooring, electric heating, electric cooling, and wall unit(s) cooling. Parking features include a carport and on-street parking.

The building is in downtown Hillsboro, across from City Admin offices and next to insurance and real estate offices. It is positioned among downtown businesses, dining, and local attractions. The layout is described as adaptable for retail, office space, or a combination of the two, with public water and public sewer serving the property.

Key Highlights

  • 0.073‑acre storefront property at 231 E Elm Street, Hillsboro, TX 76645
  • Interior being prepared in white‑box condition
  • New concrete and a parking pad are being constructed behind the building

Property Analytics

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Current Use

Storefront properties

Suggested Use

Top Pick Electrical Service Dental Office Carpet & Flooring Store Computer & Electronic Repair (Bike/Boat/Book/etc) Store Skin Care Clinic

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

568
Businesses Nearby
Under-served
Demand for This Use

Demographics for 76645, TX

11,274
Population
4,559
Households
2.5
Avg Household Size
38
Median Age
19%
College-Educated
84%
High-School Grad
187.5 sq mi
ZIP Area
60
Density / Sq Mi
$61,792
Median Household Income
$33,554
Median Earnings
$941
Median Rent
$154,800
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Office in South region

14.4% 2019
16.4% 2020
17.3% 2021
18% 2022
18.6% 2023
20.3% 2024
20.2% 2025
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Similar Off Market Nearby

  • Main Florist 215 E Elm St, Hillsboro, TX 76645

Frequently Asked Questions

What type of property is this?
Storefront property - White-box interior and exterior improvements are underway for a flexible retail or office configuration.
Where is this storefront property located?
The property is located at 231 E Elm Street Hillsboro, TX.
What is the lease rate?
The lease rate is $1,600/Mo.
What are key features of this property?
This property features: 0.073‑acre storefront property at 231 E Elm Street, Hillsboro, TX 76645; Interior being prepared in white‑box condition; New concrete and a parking pad are being constructed behind the building
More about this property
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