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Hico Development Opportunity
For Sale
$199,900

601 Chestnut Street, Hico, TX 76457

7.723-acre tract ideal for residential development or investment.

Property Size336,413 SF
Lot Size7.72 Acres
Price / SF$0.59
Days on Market102

Property Features for 601 Chestnut Street

General Information

Standard status Active
Size 336,413 SF
Lot size 7.72 Acres
Property subtype Lots & Acreage / Unimproved Land

Taxes and HOA fees

Annual Taxes $1,772

Amenities

No
Listing Agency: Keller Williams Brazos West
Listed By: Ashley Haile · License #0759491
Source: Compass
Added: May 2 Changed: Aug 8 Last Checked: Jul 15 at 9:27PM

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 Keller Williams Brazos West

Investment Insights

Based on property information with market context.

This 7.723-acre tract presents an exceptional development opportunity within the city limits of Hico, TX. The property is located along Chestnut Street, southeast of Hico schools and near areas of ongoing residential growth. The land features gently rolling terrain, mostly open pasture, and scattered mature live oaks and native trees, creating an attractive setting. The property is bordered by platted city streets including 6th Street, 7th Street, and Magnolia Street, which are not currently constructed. Existing sections of these streets terminate at the corners of the property, creating potential for future extension and lot-and-block development, subject to city approval and infrastructure improvements. City water and sewer are available along Chestnut Street. This sizable in-town tract offers flexible development potential in a growing small town. The property is suitable for residential land and home lots, as well as general land investment.

Key Highlights

  • Large 7.723‑acre tract within Hico city limits, offering significant development potential.
  • Excellent location near Hico schools and areas of ongoing residential growth.
  • City water and sewer available along Chestnut Street.

Property Analytics

Current Use

Residential land & home ...

Suggested Use

Top Pick Building Supply Real Estate Agency Pharmacy Furniture & Home Goods Hair Salon Bakery

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

124
Businesses Nearby

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
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Residential land & home lot - 7.723-acre tract ideal for residential development or investment.
Where is this residential land & home lot located?
The property is located at 601 Chestnut Street Hico, TX.
What is the asking price?
The asking price for this property is $199,900.
What are key features of this property?
This property features: Large 7.723‑acre tract within Hico city limits, offering significant development potential.; Excellent location near Hico schools and areas of ongoing residential growth.; City water and sewer available along Chestnut Street.
More about this property
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