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Historic Hotel with Restaurant-Bar
For Sale
$2,800,000

103 S Pecan St, Hico, TX 76457

Restored hospitality property with guest rooms, restaurant-bar facilities, furnishings, and a complete commercial kitchen and bar.

Property Size16,722 SF
Price / SF$167.44
Days on Market97

Property Features for 103 S Pecan St

General Information

Standard status Active
Size 16,722 SF
Property subtype Commercial

Additional Details

Furnished Yes
Equipment Included Yes

Building Details

Year Built 1896
Listing Agency: Clark Real Estate Group
Listed By: Brad Harrison (817) 458-0402 · License #0740652
Source: Divinerealtygrp
Added: May 25 Changed: Aug 28 Last Checked: Aug 28 at 8:55PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Clark Real Estate Group

Investment Insights

Based on property information with market context.

Built in 1896 and restored from 2016-18, this 16,722-square-foot hospitality property combines guest accommodations with an operating restaurant-bar. Hotel and restaurant-bar operations have been in place since 2018, and the real estate includes guest room furnishings, lobby and restaurant decor, furniture, and fixtures.

The property occupies the northeast corner of N Pecan St and E 1st St in Hico, Texas, with a prominent street-facing position between the DFW Metroplex and Texas Hill Country. The sale also includes a complete commercial kitchen and bar physical setup, providing substantial operating infrastructure for continued hospitality use.

Key Highlights

  • 16,722‑square‑foot hospitality property built in 1896
  • Restored from 2016‑18
  • Hotel and restaurant‑bar operations established since 2018

Property Analytics

Current Use

Midland Hotel Hotel & Motel The Chop House Restaurant

Suggested Use

Top Pick Parking Lot & Garage Plumbing Service Hair Salon Pharmacy Furniture & Home Goods Real Estate Agency

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

Location Intelligence

Trade Area within ½ mile

284
Businesses Nearby
31k
Monthly Visits Nearby

Foot Traffic Nearby

Dining 39% Shops & Services 36% Groceries 16% Home Improvements & Furnishings 8%
SONIC Drive In Dining
12,103 visits/mo 0.2 miles
Lowe's Market Groceries
5,055 visits/mo 0.1 miles
Dollar Tree Shops & Services
4,395 visits/mo 0.2 miles
Dollar General Shops & Services
4,006 visits/mo 0.4 miles
Allsups Shops & Services
2,691 visits/mo 0.3 miles

Demographics for 76457, TX

3,770
Population
2,092
Households
1.8
Avg Household Size
46
Median Age
24%
College-Educated
91%
High-School Grad
322.1 sq mi
ZIP Area
12
Density / Sq Mi
$64,063
Median Household Income
$36,003
Median Earnings
$972
Median Rent
$217,500
Median Home Value

Market

Vacancy Rate% for Retail in South region

7% 2020
6.2% 2021
5.1% 2022
4.8% 2023
4.9% 2024
5.4% 2025
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Frequently Asked Questions

What type of property is this?
Hotel - Restored hospitality property with guest rooms, restaurant-bar facilities, furnishings, and a complete commercial kitchen and bar.
Where is this hotel located?
The property is located at 103 S Pecan St Hico, TX.
What is the asking price?
The asking price for this property is $2,800,000.
What are key features of this property?
This property features: 16,722‑square‑foot hospitality property built in 1896; Restored from 2016‑18; Hotel and restaurant‑bar operations established since 2018
More about this property
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