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Remodeled Office Building
For Lease
$1,600/Mo

231 E Elm Street, Hillsboro, TX 76645

COMMERCIAL - Hillsboro, TX

Space SizeContact for details
Lot Size0.07 Acres
Days on Market147

Property Features for 231 E Elm Street

General Information

Property type Commercial Lease
Property subtype Other
Zoning description Commercial Central Business District
Parking features Carport, On Street
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: Apr 8 Changed: Aug 4 Last Checked: Sep 1 at 7:06AM
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.

231 E Elm Street is a brick and stucco office building currently undergoing remodeling. The interior is being demoed and delivered as a white-box space, with exterior walls planned for repair and refresh. New concrete and a parking pad are being constructed behind the building to add parking.

The building offers a flexible layout that can support office use and can also accommodate retail or a combination of office and retail. It sits on E Elm Street just off the main street downtown building corridor, across the road from City Admin offices and next door to insurance and real estate offices, supporting daily convenience for customers and staff.

On-site systems include electric heating and electric wall unit(s) cooling. Flooring is vinyl, with public water and public sewer services. Parking is available via on-street parking and a carport.

Key Highlights

  • Currently being remodeled with interior demoed and white‑boxed, plus exterior walls to be repaired and refreshed
  • New concrete parking pad being constructed behind the building to add additional parking
  • 0.073‑acre downtown office building

Property Analytics

Current Use

Office buildings

Suggested Use

Top Pick Dental Office Garden Center Electrical Service Carpet & Flooring Store (Bike/Boat/Book/etc) Store Butcher

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

Yes
Paved road access
NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

568
Businesses Nearby

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
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Frequently Asked Questions

What type of property is this?
Office building - Downtown office building on E Elm Street with electric heating and cooling, public utilities, and on-street plus carport parking.
Where is this office building 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: Currently being remodeled with interior demoed and white‑boxed, plus exterior walls to be repaired and refreshed; New concrete parking pad being constructed behind the building to add additional parking; 0.073‑acre downtown office building
More about this property
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