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Days20Days on Market
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$250,000

200 S Waco Street, Hillsboro, TX, 76645

On MarketInfo
CommercialInfo
Baths0 Bath
Baths12,760 Sq Ft
BusinessBusiness
Year BuiltBuilt in 1975

Highlights

Interior

Bathrooms 0Bathrooms 0
FlooringLaminate

Exterior

Lot Size16,988 sqft

Building Information

Year Built1975

Land Information

APN134300
Lot Number1,2
SubdivisionMc Mullen
Land UseCommercial
Legal DescriptionMC MULLEN BLK 50 LT 1 & 2
Census Tract960900
Assessed Land Value$35,680
Assessed Improvement Value$272,740
Assessment Year2025

About this property

This Smoke Shop is doing very well but the owner lives out of state and wants a business closer to his home which he can take part in therefore he wants to sell the business. This sale is for the BUSINESS ONLY NOT THE BUILDING AND LAND. Great opportunity to get in a business already established and stocked with merchandise. Downtown Hillsboro is thriving and this is a good opportunity to be a part of the growth;

Investor Tools

$188,912Estimated Mortgage Balance
$119,508Estimated Equity
38% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,851 /month
Positive
Cash Flow Estimate:
$617 /month

Interested in this property?

David Teel

David Teel, Realtor

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$266/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,653
$308,420
2025
$35,680
$272,740
$308,420
No

Tax History

Year
Tax Paid
Assessed Value
2025
$1,653
$308,420

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Southwestern National Bank
Building Or Construction Loan
$220,000
No
First
Apr 26, 2019
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$188,912
$119,508
38%
61%
$1,320/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: Hillsboro

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200 S Waco Street | Property Details | No Agent List