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$275,000

106 E Elm Street, Hillsboro, TX, 76645

On MarketInfo
Just AddedInfo
CommercialInfo
Beds Beds
Baths Bath
Baths3,744 Sq Ft
BusinessBusiness

Highlights

Interior

Bedrooms —Bedrooms —
Bathrooms —Bathrooms —
FlooringCarpet, Other, Vinyl

Exterior

Lot Size6,534 sqft

Land Information

APN134130
SubdivisionHillsboro Ot
Land UseCommercial
Legal DescriptionHILLSBORO OT BLK 4 LT 3B & 6B
Census Tract960900
Assessed Land Value$34,190
Assessed Improvement Value$41,770
Assessment Year2025

About this property

Grab a downtown building while it's still affordable! Hillsboro is experiencing popularity and transformation as heavy development is underway. This 3,744 SQFT commercial building sits right off the famous Courthouse and offers EXCELLENT visibility in a high-traffic area with convenient walkability to local restaurants, bars, retail shops, and other downtown attractions. Situated right across from The Yard featuring live concerts and special events where large gatherings linger around. Currently leased and operating as a bar & pool hall, the property features a functional bar setup complete with kitchen area, restrooms, and a covered back patio perfect for additional seating or entertainment space. Upstairs is currently used as storage space but has potential for conversion into office space. The property also includes rear access from a one-way road with a back covered porch used for overflow seating. Back access adds convenience for deliveries, storage access, or future improvements. Situated in a growing town with continued downtown activity and development, this property presents a strong opportunity for investors looking to add an income-producing commercial property to their portfolio.

Investor Tools

$0Estimated Mortgage Balance
$75,960Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,650 /month
Positive
Cash Flow Estimate:
$550 /month

Interested in this property?

Lacey Whitehouse

Julie Siddons REALTORS, LLC

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$66/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$407
$75,960
2025
$34,190
$41,770
$75,960
No

Tax History

Year
Tax Paid
Assessed Value
2025
$407
$75,960

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$75,960
100%
0%
$0/mo

City: Hillsboro

106 E Elm Street | Property Details | No Agent List