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$250,000

$275,000

320 E Franklin St, Hillsboro, TX, 76645

$292,432 ARVInfo
On MarketInfo
Just AddedInfo
Price DropInfo
Beds3 Beds
Baths1 Bath
Baths2,278 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$109.75 / sqft
Year BuiltBuilt in 1901

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Half 1Bathrooms Half 1
AppliancesDisposal, Dryer, Electric Oven, Electric Range, Electric Water Heater, Washer

Exterior

Lot Size13,504 sqft

Building Information

Year Built1901

Land Information

APN112112
Lot Number8
SubdivisionCraig
Land UseResidential
Legal DescriptionCRAIG LT 8
Census Tract960800
Assessed Land Value$16,460
Assessed Improvement Value$253,410
Assessment Year2025

About this property

Nestled beneath a canopy of mature trees just blocks from downtown Hillsboro, this striking Victorian home is filled with the character, craftsmanship, & charm that historic homes are known for. From the ornate exterior trim & soaring ceilings to the wood floors, transom windows, & detailed millwork, every room offers a glimpse into a bygone era while providing the space & functionality today's buyers desire. Inside, you'll find a versatile floor plan with multiple living & dining spaces, offering flexibility for everyday living, entertaining, home offices, or additional bedroom options. The spacious downstairs primary bedroom is complemented by generously sized upstairs rooms, including a massive flex space that could serve as a game room, studio, bunk room, media room, or additional sleeping quarters. Extensive storage throughout the home adds even more functionality, & plumbing is already in place upstairs for the addition of a second full bathroom. The beautifully appointed bathroom features a classic clawfoot tub & period-inspired details that perfectly complement the home's historic appeal. Beadboard accents, oversized windows, & architectural details throughout create a warm & inviting atmosphere. Situated on an oversized, tree-shaded lot, the outdoor space is equally impressive. Enjoy evenings around the fire pit, gather with friends beneath the mature shade trees, or take advantage of the multiple carports, storage building, & ample room for hobbies, vehicles, or future improvements. The property borders the Methodist church on two sides, providing quiet neighbors while remaining in the heart of town. Just a short walk from the historic downtown Hillsboro square, local dining, shopping, schools, & community events, this property offers a rare opportunity to own a distinctive piece of Hillsboro's history. With room to grow, the potential for a future upstairs bathroom, & an unbeatable location, this one-of-a-kind property is ready for its next chapter.

Investor Tools

Property Icon
$269,870
Estimated Property Value
$171,000Estimated Mortgage Balance
$112,541Estimated Equity
37% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$292,432
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,619 /month
Positive
Cash Flow Estimate:
$540 /month

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Katie Miller

Real Broker, LLC

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$223/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,326
$269,870
2025
$16,460
$253,410
$269,870
No

Tax History

Year
Tax Paid
Assessed Value
2025
$1,326
$269,870

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Knock Lending Llc
Conventional
$171,000
No
First
Mar 22, 2022
Apr 2052

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$157,329
$112,541
41%
58%
$1,026/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.

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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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320 E Franklin St | Property Details | No Agent List