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$715,580

NAL Estimated Property Value

101 N Mesquite St, Hico, TX, 76457

Off MarketInfo
CommercialInfo
Beds— Beds
Baths— Bath
Baths10,738 Sq Ft
price_per_sqft$66.64 / sqft
Year BuiltBuilt in 1978

Highlights

Interior

Bedrooms —Bedrooms —
Bathrooms —Bathrooms —
FlooringTile

Exterior

Lot Size17,250 sqft

Building Information

Year Built1978

Land Information

APNR20119
Land UseResidential
Legal Description8 9 & 10 BLK 10 (1) ORIG HICO; 115X150
Census Tract950100
Assessed Land Value$51,750
Assessed Improvement Value$663,830
Assessment Year2025

About this property

Welcome to Hometown Apartments — a standout investment property in the heart of Hico, Texas. Located at 101 N Mesquite St, this 16-unit complex features a mix of 1-bedroom 1-bath and 2-bedroom 1-bath units. The entire property was fully remodeled approximately five years ago, offering updated interiors and modern finishes throughout. A brand-new roof was also installed this year, ensuring durability and low maintenance for years to come. With a strong rental history, the complex is almost always fully occupied and typically has a waitlist, reflecting high tenant demand. Just steps from downtown Hico and Hico Hall, residents enjoy convenient access to local dining, shopping, and community events. Whether you’re a seasoned investor or looking to expand your portfolio, Hometown Apartments is a turnkey opportunity with stable cash flow and long-term value.

Investor Tools

Property Icon
$715,580
Estimated Property Value
$0Estimated Mortgage Balance
$715,580Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$11,700 /month
Positive
Cash Flow Estimate:
$3,900 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$988/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$8,282
$715,580
2025
$51,750
$663,830
$715,580
No

Tax History

Year
Tax Paid
Assessed Value
2025
$8,282
$715,580

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$715,580
100%
0%
$0/mo

City: Hico

101 N Mesquite St | Property Details | No Agent List