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Days32Days on Market
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$540,000

125 N Pecan Street, Hico, TX, 76457

On MarketInfo
CommercialInfo
Baths0 Bath
Baths2,843 Sq Ft
RetailRetail
Year BuiltBuilt in 1920

Highlights

Interior

Bathrooms 0Bathrooms 0
FlooringConcrete, Painted/Stained, Vinyl

Exterior

Lot Size2,875 sqft

Building Information

Year Built1920

Land Information

APNR19757
Land UseResidential
Legal DescriptionS1/2 OF 7 BLK 09 (1) ORIG HICO; 25X115
Census Tract950100
Assessed Land Value$8,150
Assessed Improvement Value$165,760
Assessment Year2025

About this property

Prime downtown Hico commercial opportunity located in the heart of one of Central Texas’ most charming and rapidly growing destinations. Situated mid-block on historic Pecan Street, this approximately 2,825 sq ft building enjoys exceptional visibility and foot traffic along Hico’s thriving shopping and dining corridor. Neighboring landmarks include the iconic Midland Hotel & Chop House, Jersey Lilly’s, and a collection of popular boutiques, restaurants, and attractions that draw both locals and visitors year-round. The property offers approximately 2,075 sq ft of finished retail or showroom space under HVAC, featuring an open-concept layout well suited for retail, office, gallery, event, or studio use. A renovated restroom, storage or back office area, updated plumbing, recent roof, and recent HVAC provide a strong foundation for immediate occupancy or future customization. An additional approximately 750 sq ft warehouse or garage space includes electricity and a roll-up door, offering valuable storage, workspace, or inventory flexibility rarely found in downtown locations. Rich in Hico history, the marquee-style “HICO” sign pays tribute to the building’s former life as a movie theater, adding character and nostalgic charm to this distinctive downtown property. 125 N Pecan is ready for its next chapter in the center of it all.

Investor Tools

$0Estimated Mortgage Balance
$280,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,240 /month
Positive
Cash Flow Estimate:
$1,080 /month

Interested in this property?

Ashley Haile

Keller Williams Brazos West

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$366/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,991
$173,910
2025
$8,150
$165,760
$173,910
No

Tax History

Year
Tax Paid
Assessed Value
2025
$2,991
$173,910

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$280,000
100%
0%
$0/mo

Learn About the Market: Opportunity in Texas

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Explore

Texas

Living in Texas means access to four of the nation’s most dynamic metro economies — Dallas–Fort Worth’s corporate and logistics powerhouse, Houston’s global energy and medical hub, Austin’s tech-driven and culturally iconic Live Music Capital of the World, and San Antonio’s historic yet steadily expanding military and healthcare center. The state blends economic scale with cultural significance, rooted in independence, entrepreneurship, and a strong sense of place — from Friday night football to world-renowned barbecue and music festivals. For homebuyers, Texas offers comparatively attainable housing, no personal income tax, and master-planned communities built around space and convenience; for investors, continued population growth, business relocation, and diversified industries create sustained demand across urban cores, suburbs, and emerging secondary markets.

Explore Texas Explore This Area
Population Growth

Population Growth

~1.3% annually

Net Migration

Net Migration

Positive

Median Home Price

Median Home Price

$283,800

Unemployment Rate

Unemployment Rate

4.3%

Price Trend

Price Trend

Flat

New Permits

New Permits

158,121

City: Hico

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125 N Pecan Street | Property Details | No Agent List