$265,000 Price Analysis    ♡   Hillsboro, TX 76645 Unknown bed 3 bath 5,548 SqFt ($47/SqFt) Built 1945 Listed 2023-08-15, Taxes $3,371 | ✓ USDA Eligible near Hillsboro, TX Restrictions may apply due to home size |
This historic hotel with roots dating back to the late 1800's is a rare diamnd that offers an exceptional opportunity for real estate investment.
The hotel has undergone partial renovations in the 80's. Great potential for generat ing income through hotel or Air BNB operations or event rentals. Located in the central business district of Hillsboro's Main Street steps away from the courthouse square. The partial renovations already completed have reduced the amount of work needed to get the property up and running again.
Bottom floor has been occupied until recently. Private Courtyard and gated covered parking. A must-see for anyone looking to invest in real estate in the growing city of Hillsboro that is centrally located between DFW and Waco. Adjoining Shop at 120 S Covington is available for sale and can be purchased together. Bring your vision!
Presented by Lacey Whitehouse at
Julie Siddons, Realtors.
Property MLS #217316 from Waco
Full Bathrooms: 3
Laundry Features: WasherHookup
Heating Features: Central
Heating: Yes
Other Structures: Sheds
Calculated Total Monthly Association Fees: 0
High School District: Hillsboro ISD
Middle or Junior School District: Hillsboro ISD
Map directions Map directions Map directions Map directionsTax Block: 6
Source Listing Status: Active
County: Hill
Directions: From downtown Hillsboro Head west on W Elm St toward Bonds Alley, Turn left onto Covington St, Turn right onto W Gould St. Entrance will be on the left
Tax Year: 2023
Source Property Type: Residential
Source Neighborhood: Hillsboro
Parcel Number: 113058
Postal City: Hillsboro
Subdivision: Hillsboro
Property Subtype: MultiFamily
Lot Number: 9A
Source System Name: C2C
| Year | Assessments Building + Land Total | Tax |
|---|---|---|
| 2022 | $111,750 + $17,620 $129,370 | $3,371 |
| 2021 | $95,450 + $12,340 $107,790 | $3,037 |
| 2020 | $97,950 + $11,270 $109,220 | $3,131 |
| 2019 | $99,000 + $9,970 $108,970 | $3,103 |
| 2018 | $99,410 + $9,070 $108,480 | $3,092 |
| 2017 | $93,900 + $8,480 $102,380 | $2,912 |
| 2016 | $93,800 + $8,480 $102,280 | $2,928 |
| 2015 | $91,850 + $7,920 $99,770 | $2,859 |
| 2014 | $89,080 + $7,550 $96,630 | $2,751 |
| 2013 | $88,560 + $7,550 $96,110 | $2,749 |
| 2012 | $88,560 + $7,550 $96,110 | $2,734 |
| 2011 | $88,560 + $7,550 $96,110 | $2,675 |
| 2010 | $88,560 + $7,550 $96,110 | $2,656 |
| 2009 | $88,560 + $7,550 $96,110 | $2,643 |
| 2008 | $89,910 + $7,550 $97,460 | $2,668 |
| 2007 | $87,700 + $7,550 $95,250 | $2,608 |
$265,000
Waco
Price Changed 2024-02-02
$265,000
NTREIS
Price Changed 2023-12-18
$270,000
Waco
Price Changed 2023-12-18
$270,000
NTREIS
Price Changed 2023-11-16
$285,000
Waco
Price Changed 2023-11-16
$285,000
NTREIS
Listed 2023-08-15
$295,000
Waco
Listed 2023-08-11
$295,000
NTREIS
Building Area Source: Appraiser
Building Area Total: 5548
Construction Materials: Block, Concrete
Property Age: 79
Roof: Metal
Levels or Stories: 2
Building Total Stories: 2
SewerAvailable
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The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.