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    Hico, TX Restaurants for Sale

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    Turnkey Restaurant with Outdoor Deck
    Updated: Jun 11
    Turnkey Restaurant with Outdoor Deck

    128 N Pecan Street, Hico, TX 76457

    $960,000
    0.11 AC lot
    Approximately 7,600 SF, two‑story commercial building in historic downtown Hico
    Corner location on North Pecan Street and Highway 6 with a flat roof
    New roof replaced at end of 2025
    More than 1,700 SF of second‑story outdoor deck dining and entertainment space
    Main level offers two dining areas and a full‑service bar
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    Two-Story Restaurant Building
    Updated: Jun 15
    Two-Story Restaurant Building

    128 N Pecan St, Hico, TX 76457

    Contact for pricing
    6,660 sqft
    Two‑story restaurant building (Year built: 1900) on a corner at US‑281 and TX‑6
    Ground floor includes multiple dining rooms, full cantina bar, and a commercial kitchen with walk‑in cooler
    Covered front patio on the ground level
    Second floor features a separate bar/lounge with fireplace, game room, and event/dining room
    Covered rooftop deck with outdoor wet bar and panoramic downtown views
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    Hotel and Restaurant Property
    Hotel and Restaurant Property

    103 S Pecan Street, Hico, TX 76457

    $2,800,000

    Located on the NE corner of N Pecan St and E 1st St, featuring the Midland Hotel and Chophouse.

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    Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
    Based on your search, we've compiled 11 Potential Opportunities for your consideration. Besides 3 Active listings in Hico, TX, we suggest exploring several alternatives: 4 properties in Nearby Cities, plus 4 Land Listings that present a potential for development.

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Two-Building Restaurant Property
    Two-Building Restaurant Property

    4149 & 4147 3rd Street, Walnut Springs, TX 76690

    $450,000
    3,800 sqft 0.06 AC lot

    Turnkey restaurant offering with included building, furnishings, décor, and inventory, ideal for continuing operations or expanding concepts.

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    Multi-Building Retail Destination Property
    Multi-Building Retail Destination Property

    8080 S US Highway 377, Dublin, TX 76446

    $3,750,286
    609,404 sqft 13.99 AC lot

    Historic “Old Chicken House” property with multiple buildings and indoor and outdoor vendor spaces on substantial acreage.

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    Legendary Restaurant Opportunity in Walnut Springs
    Legendary Restaurant Opportunity in Walnut Springs

    4149 & 4147 3rd Street, Walnut Springs, TX 76690

    $450,000
    3,800 sqft

    Successful restaurant with building, inventory, and furnishings for sale.

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    Historic Flea Market & Cafe
    Historic Flea Market & Cafe

    8080 S US Highway 377, Dublin, TX 76446

    Contact for pricing
    13.99 AC lot

    Property on 13.99 acres with multiple buildings and indoor/outdoor vendor spaces along state highway frontage.

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    Potential Development Sites for Consideration

    Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

    Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

    Corner Lot on High-Traffic Road
    Corner Lot on High-Traffic Road

    12519 US Highway 377, Dublin, TX 76446

    $325,000
    1.00 AC lot

    One-acre corner lot with high visibility, ideal for business.

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    Commercial Land for Retail Development
    Commercial Land for Retail Development

    2309 W Washington Street, Stephenville, TX 76401

    $994,500
    0.98 AC lot

    Vacant B2 lot on Stephenville’s main retail corridor with substantial frontage for a QSR or other leaseable build-to-suit space.

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    Prime Commercial Lot in Stephenville
    Prime Commercial Lot in Stephenville

    2309 W Washington Street, Stephenville, TX 76401

    $994,500

    High-traffic commercial lot near university and stadium.

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    High-Visibility Commercial Development Land
    High-Visibility Commercial Development Land

    3050 W Washington, Stephenville, TX 76401

    $4,000,000
    26.91 AC lot

    Zoned B-2 with utilities in place and major corridor frontage for retail, services, and destination development.

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    Hico, TX Restaurants Market Trends and Statistics

    Explore 3 restaurants for sale in Hico, TX, showcased through 3 active listings on our real estate platform. These investment opportunities span a total of 6,660 square feet of properties for sale, with an estimated market value of $3,760,000.

    Sale prices for restaurant properties in Hico, TX start at $960,000, averaging $1,880,000, and reaching up to $2,800,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Conventional restaurants 3

    Demographics Overview

    Population 4,449
    Population Growth (5Y) +18.2%
    Median Household Income $64,063
    College Educated 32.0%

    High-Yield Neighborhoods for Investment

    Identify Hico submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    76457 $675K

    Taxes & Financing

    Tax Rate (average for all types) 1.78%
    Property Tax per SF $15.01 per SF
    Tax Rate vs County Average 0.05 pp above county avg
    Average Loan-to-Value 65.0%

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