Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    Property profile & analytics

    305 2nd St Hico, TX 76457-6403

    • Commercial real estate
    • 1,160 SF
    • 0.26 lot acres
    OFF-MARKET
    Value Estimation
    Location Intelligence
    Property ID
    US82-6334126
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Commercial real estate

    Property Details for 305 2nd St

    Lot size
    0.26 lot acres
    Property size
    1,160 SF
    Property type
    Commercial real estate
    APN
    R20529
    APU
    R20529

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Hico
    County
    Hamilton
    State
    Texas
    Longitude
    -98.0279
    Latitude
    31.9816

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2022
    $1,292
    $45,000
    $8,210
    $53,210
    -
    $45,000
    $8,210
    $53,210

    Comparable in this City

    • Value Estimation by Request
      1.03 Acres

      305 Eighth St

      Commercial real estate • 1.03 Acres
      305 Eighth St, Hico, TX 76457
      View Details
    • Value Estimation by Request
      0.15 Acres

      206 Pecan St

      COMMERCIAL (GENERAL) • 0.15 Acres
      206 Pecan St, Hico, TX 76457
      View Details
    • Value Estimation by Request
      6,000 SF

      Hwy 281

      COMMERCIAL (GENERAL) • 6,000 SF
      Hwy 281, Hico, TX 76457
      View Details
    • Value Estimation by Request
      1,040 SF

      205 Ave A A

      COMMERCIAL (GENERAL) • 1,040 SF
      205 Ave A A, Hico, TX 76457-6426
      View Details
    • Value Estimation by Request
      1,170 SF

      109 1st St

      COMMERCIAL (GENERAL) • 1,170 SF
      109 1st St, Hico, TX 76457
      View Details
    • Value Estimation by Request
      600 SF

      110 12th S Pecan St

      COMMERCIAL (GENERAL) • 600 SF
      110 12th S Pecan St, Hico, TX 76457-6480
      View Details

    Similar Nearby for Sale

    • $199,000
      1.03 Acres

      Hico, TX Commercial Land Opportunity

      Prime 1.03-acre lot, metal & wood storage.
      305 Eighth St, Hico, TX 76457
      View Details
    • $199,999
      5.00 Acres

      Improved Land Ready to Build

      5-acre improved tract ready for your dream home.
      14250 County Road 209, Hico, TX 76457
      View Details
    • $199,000
      1.03 Acres

      Hico, TX Unimproved Land

      One acre of land suitable for various business ventures.
      305 Eighth St, Hico, TX 76457
      View Details
    • $217,000
      14.00 Acres

      Unrestricted Land in Hico, Texas

      14 acres of raw, ag exempt land near Hico, TX.
      Tbd Crk 132, Hico, TX 76457
      View Details
    • $475,000
      31.91 Acres

      34 Acres Hunting/Homesite Opportunity

      34 acres in Erath County, prime hunting and homesite opportunity.
      1635 County Road 539, Hico, TX 76457
      View Details
    • $950,000
      68.99 Acres

      Picturesque Ranch with Modern Stone Home

      68.99-acre ranch featuring a charming two-story stone home.
      5545 County Road 225, Hico, TX 76457
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    305 2nd St
    Hico, TX 76457-6403
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.