Historic Hotel
For Sale
$2,800,000
103 S Pecan Street, Hico, TX 76457
CommercialSale, Hico, TX
Property SizeContact for details
Lot Size0.20 Acres
Days on Market46
Property Features for 103 S Pecan Street
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning description
F - Commercial (General)
Parking features
On Street, Alley
Security features
Security
Accessibility
Accessible Approach with Ramp
Subdivision
Orig Hico
Lot features
Corner Lot
Directions
From Hico turn South onto N Pecan St for 400 ft. Property located on the NE Corner of N Pecan St and E 1st St. *Midland Hotel and Chophouse* No SOP
Standard status
Active
APN
R20899
Lot size
0.20 Acres
Taxes and HOA fees
Tax Description
S1/2 OF 9 & 10 BLK 09 (1) ORIG HICO; 25X115
Tax Annual Amount
8950
Legal Description
S1/2 OF 9 & 10 BLK 09 (1) ORIG HICO; 25X115
Utilities
Sewer type
Public Sewer
Heating system
Electric (Heating), Zoned, Space Heater, Central
Cooling system
Central Air, Multi Units, Electric, Ceiling Fan(s), Zoned
Water source
Public
Building Details
Year built
1896
Floors in Building
2
Number of units
13
Flooring type
Carpet, Concrete, Hardwood
Building materials
Rock, Stone, WoodSiding
Roof type
Flat, Synthetic
Listing Agency:
Clark Real Estate Group
(817) 458-0402
Listed By:
Brad Harrison · License #0740652
(817) 458-0402
Added: Jul 8
Changed: Aug 21
Last Checked: Aug 22 at 7:06PM
MLS# 21276587
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Investment Insights
Based on property information with market context.
Originally built in 1896, this hotel property underwent a full restoration from 2016–18 and includes guest-room furnishings, lobby décor, furniture, fixtures, and restaurant improvements. The real estate also conveys a commercial kitchen and bar in place, supporting continued hospitality or dining use without including the current tenant’s business entity, proprietary materials, or operational accounts.
The property occupies the northeast corner of N Pecan Street and E 1st Street in Hico, providing a visible downtown position. The 0.198-acre site includes public water and sewer service, with on-street and alley parking. Building features include rock, stone, and wood siding; carpet, concrete, and hardwood flooring; central and zoned heating and cooling; an accessible approach with ramp; and a flat synthetic roof.
The property occupies the northeast corner of N Pecan Street and E 1st Street in Hico, providing a visible downtown position. The 0.198-acre site includes public water and sewer service, with on-street and alley parking. Building features include rock, stone, and wood siding; carpet, concrete, and hardwood flooring; central and zoned heating and cooling; an accessible approach with ramp; and a flat synthetic roof.
Key Highlights
- 1896 hotel property restored from 2016–18
- 0.198‑acre site at the northeast corner of N Pecan Street and E 1st Street
- Guest‑room furnishings plus lobby décor, furniture, and fixtures included
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
281
Businesses Nearby
27k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Dining 45%
Shops & Services 26%
Groceries 19%
Home Improvements & Furnishings 10%
SONIC Drive In
Dining
12,103 visits/mo
0.2 miles
Lowe's Market
Groceries
5,055 visits/mo
0.2 miles
Dollar Tree
Shops & Services
4,395 visits/mo
0.3 miles
Allsups
Shops & Services
2,691 visits/mo
0.4 miles
Keith Ace Hardware
Home Improvements & Furnishings
2,580 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
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Hotel - Restored hotel property with guest-room furnishings, restaurant improvements, and a complete commercial kitchen and bar setup.
Where is this hotel located?
The property is located at 103 S Pecan Street 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: 1896 hotel property restored from 2016–18; 0.198‑acre site at the northeast corner of N Pecan Street and E 1st Street; Guest‑room furnishings plus lobby décor, furniture, and fixtures included
