$165,000
401 E Elm Street, Hillsboro, TX, 76645
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About this property
Investor Special in Hillsboro! Great opportunity to renovate, flip, or add to your rental portfolio. Situated on a 10,018 sq. ft. lot, this property offers plenty of potential for investors looking for their next project. The home is being sold strictly AS IS, WHERE IS. Roof age and condition are unknown. HVAC age and condition are also unknown. Foundation appears to be in decent condition, but buyers should perform their own inspections and due diligence. Seller will make no repairs. All personal property currently in the home will convey with the sale. Buyer will be responsible for any clean out, trash out, or removal of items after closing. Cash or hard money financing only. Property is priced to reflect its condition and is ideal for experienced investors looking for a value add opportunity. Buyer to verify all information including condition, square footage, schools, and property condition.
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Learn About the Market: Opportunity in Texas




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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.
Population Growth
~1.3% annually
Net Migration
Positive
Median Home Price
$283,800
Unemployment Rate
4.3%
Price Trend
Flat
New Permits
158,121
City: Hillsboro
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