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$904,000

218 N Pecan St, Hico, TX, 76457

Off MarketInfo
Beds5 Beds
Baths3 Bath
Baths3,380 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$355.03 / sqft
Year BuiltBuilt in 1890

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 5Bedrooms 5
Bathrooms Full 3Bathrooms Full 3
AppliancesOther

Exterior

Lot Size22,081 sqft

Building Information

Year Built1890
Garage Spaces2

Land Information

APNR20696
Land UseResidential
Legal Description3 4 5 & N42' OF 2 BLK 13 (1) ORIG HICO; 42X115 & 3@50X115
Census Tract950100
Assessed Land Value$37,440
Assessed Improvement Value$578,490
Assessment Year2025

About this property

Originally built as a large Victorian frame house in the 1890s, it was replaced in 1933 by the town doctor’s dream of a magnificent 15-room two story stone home. Letters describe his pride in the construction and appearance of the grand architecture and materials. Truly opulent for the time. Features new AC unit, updated plumbing and new wiring. The house sits on more than half an acre, a sprawling corner lot in the heart of downtown, bordered by a matching hand laid rock wall. It features an adjacent 3-car garage, which is attached to a separate cavernous 1890s rock building that was once a grainery feed mill. That building itself is 1428sq ft with endless possibilities for someone with vision. This is indeed a one-of-a-kind property.

Investor Tools

Property Icon
$904,000
Estimated Property Value
$0Estimated Mortgage Balance
$904,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$7,200 /month
Positive
Cash Flow Estimate:
$2,400 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$696/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,828
$615,930
2025
$37,440
$578,490
$615,930
No

Tax History

Year
Tax Paid
Assessed Value
2025
$3,828
$615,930

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$904,000
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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218 N Pecan St | Property Details | No Agent List