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Hotel and Restaurant Property
For Sale
$2,800,000

103 S Pecan Street, Hico, TX 76457

Located on the NE corner of N Pecan St and E 1st St, featuring the Midland Hotel and Chophouse.

Property SizeContact for details
Days on Market28

Property Features for 103 S Pecan Street

General Information

Standard status Active

Building Details

Year Built 1896
Listing Agency: Clark Real Estate Group
Listed By: Brad Harrison · License #0740652
Source: Evrealestate
Added: Jul 8 Changed: Jul 22 Last Checked: Aug 4 at 5:06AM

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.

This offering includes the Midland Hotel and Chophouse. The provided information does not specify additional unit breakdowns, building layout details, or the presence of an SOP.

Access is described via directions from Hico: turn south onto N Pecan St for approximately 400 feet. The property is located on the NE corner of N Pecan St and E 1st St in Hamilton County, Texas.

The combination of hotel lodging and an on-site chophouse restaurant presents a single location that may appeal to operators seeking a hospitality-focused business footprint.

Key Highlights

  • Located on the NE corner of N Pecan St and E 1st St (Hamilton County)
  • Built in 1896
  • Heating includes central, electric, space heater, and zoned system

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

281
Businesses Nearby
27k
Monthly Visits Nearby

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

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 - Located on the NE corner of N Pecan St and E 1st St, featuring the Midland Hotel and Chophouse.
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: Located on the NE corner of N Pecan St and E 1st St (Hamilton County); Built in 1896; Heating includes central, electric, space heater, and zoned system
More about this property
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