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Historic Brick Flex Space with Drive-In Doors
For Lease
$6 SF/Yr

125 S Waco Street, Hillsboro, TX 76645

COMMERCIAL - Hillsboro, TX

Space Size13,029 SF
Lot Size0.27 Acres
Days on Market131

Property Features for 125 S Waco Street

General Information

Property type Commercial Lease
Property subtype Other
Zoning description multi use residential/commercial/retail
Parking features Driveway, Off Street, Covered, Oversize, Gated, Garage, Parking Lot, Alley, RV
Subdivision Hillsboro Ot
Lot features Level, Historic District
Directions Navigate to 125 S Waco St Hillsboro TX 75220
Standard status Active
APN 113021
Lot size 0.27 Acres

Taxes and HOA fees

Tax Description HILLSBORO OT BLK 4 LT 10A
Legal Description HILLSBORO OT BLK 4 LT 10A

Utilities

Sewer type Public Sewer

Building Details

Year built 1900
Floors in Building 2
Number of units 2
Flooring type Wood, Hardwood, Concrete
Building materials Brick
Roof type Built-Up
Listing Agency: Joe Payton
Listed By: Joseph Payton · License #0583730
Added: Apr 24 Changed: Aug 4 Last Checked: Sep 1 at 1:06PM
MLS# 21185772

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.

Historic brick flex space in downtown Hillsboro featuring a 13,029 SF building on an 11,550 SF lot. The property includes a fenced asphalt parking lot with up to 22 parking spaces and two 14x12 and one 12x12 drive doors. Interior improvements include bathrooms rough-plumbed, hardwood and concrete/hard surface flooring, and a temporary electric service connected, positioned for tenant build-out and finishing. Ceiling heights are listed at 16 feet.

The building is in the Hill County CBD, one block to the County courthouse and Hillsboro Town Square. It is across from Brookshire’s grocery with traffic of 9,573 vehicles per day. Additional nearby access includes being five minutes from Buc-ee’s and Super Walmart. Construction is brick with a built-up roof, with public sewer provided. The structure has 23 new windows, a newer roof, and newer framing and floor repairs.

Alternative use information includes approved permits ready to build four custom loft apartments or office.

Key Highlights

  • 13,029 SF building on an 11,550 SF lot with 16' ceiling heights
  • Fenced asphalt parking lot with up to 22 parking spaces
  • Two 14x12 and one 12x12 drive doors

Property Analytics

Current Use

Flex space

Suggested Use

Top Pick Dental Office Real Estate Agency Electrical Service Skin Care Clinic Gym & Fitness Center Carpet & Flooring Store

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

16 ft
Clear height
3
Drive-in doors
Yes
Fenced yard
Yes
Highway access
Yes
Utilities to site
NNN (Triple Net)
Lease Type
$0.90 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

595
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

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
Rey
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Frequently Asked Questions

What type of property is this?
Flex space - Historic brick flex space with ceiling heights up to 16 feet and fenced asphalt parking for up to 22 cars.
Where is this flex space located?
The property is located at 125 S Waco Street Hillsboro, TX.
What is the lease rate?
The lease rate is $6 SF/Yr.
What are key features of this property?
This property features: 13,029 SF building on an 11,550 SF lot with 16' ceiling heights; Fenced asphalt parking lot with up to 22 parking spaces; Two 14x12 and one 12x12 drive doors
More about this property
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