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Five-Cabin Short-Term Rental Property
For Sale
$325,000

724 W First Street, Hico, TX 76457

ResidentialIncome, Hico, TX

Property SizeContact for details
Lot Size1.25 Acres
Days on Market184

Property Features for 724 W First Street

General Information

Property type Residential Multi Family
Property subtype Other
Bedrooms 3
Bathrooms 6
Full bathrooms 3
Half bathrooms 3
Rooms Bathroom 3, Bathroom 4, Bathroom 5, Bedroom 1, Bathroom 2, Bathroom 6, Bedroom 3, Bathroom 1, Bedroom 2
Parking 8
Interior features OpenFloorplan
Fencing Privacy
Accessibility Accessible Approach with Ramp
Appliances Microwave
Subdivision Hollingsworth
Lot features Acreage, Many Trees
Elementary school Hico
High school Hico
Elementary school district Hico ISD
Middle school district Hico ISD
High school district Hico ISD
Directions 724 W First Street
Standard status Active
APN R12207
Lot size 1.25 Acres

Utilities

Sewer type Aerobic Septic
Heating system Electric (Heating)
Cooling system Window Unit(s), Electric
Water source Public

Amenities

gazebo
saloon
outdoor restrooms

Building Details

Year built 2010
Floors in Building 1
Number of units 5
Roof type Mixed, Metal, Composition
Listing Agency: HERITAGE LEGACY
Listed By: Cheryl Loyd
Added: Apr 8 Changed: Sep 13 Last Checked: Oct 8 at 3:06AM
MLS# 21231950

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.

This short-term rental property in Hico, Texas, includes five Leland cabins along with a gazebo equipped with electric service, a saloon, and outdoor restrooms. The improvements were built in 2010 and occupy a 1.25-acre site outside city limits. Three of the cabins are currently listed on Airbnb, providing an established lodging setup within the property’s overall configuration.

The site is served by public water and an aerobic septic system. Additional features include privacy fencing, mixed metal and composition roofing, electric heating, window-unit cooling, and an accessible approach with ramp. The property also includes six bathrooms and three bedrooms as reflected in the room inventory.

Key Highlights

  • Five Leland cabins on 1.25 acres
  • Three cabins currently listed on Airbnb
  • Gazebo with electric service, saloon, and outdoor restrooms

Property Analytics

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Current Use

Short term rental ...

Suggested Use

Top Pick Parking Lot & Garage Real Estate Agency Plumbing Service Pharmacy Furniture & Home Goods Hair Salon

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

5
Residential units
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

280
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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
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Frequently Asked Questions

What type of property is this?
Short term rental property - Cabin-based lodging property with a gazebo, saloon, and outdoor restrooms.
Where is this short term rental property located?
The property is located at 724 W First Street Hico, TX.
What is the asking price?
The asking price for this property is $325,000.
What are key features of this property?
This property features: Five Leland cabins on 1.25 acres; Three cabins currently listed on Airbnb; Gazebo with electric service, saloon, and outdoor restrooms
More about this property
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