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$489,900

514 N Mesquite Street, Hico, TX, 76457

Off MarketInfo
Beds5 Beds
Baths2 Bath
Baths3,764 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$130.15 / sqft
Year BuiltBuilt in 1900

Property Lead Type:

Off-Market ListDeal ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 5Bedrooms 5
Bathrooms 2Bathrooms 2
AppliancesDishwasher, Gas Oven, Gas Range, Gas Water Heater, Refrigerator

Exterior

Lot Size1.41 acres

Building Information

Year Built1900
Garage Spaces1

Land Information

APNR19930
Land UseResidential
Legal Description215'X286' OF 1 BLK 02 (6) GRUBBS
Census Tract950100
Assessed Land Value$46,230
Assessed Improvement Value$634,690
Assessment Year2025

About this property

This beautiful two story 1895 home is a ONE OF A KIND! It has tons of original touches and unique features on a huge lot right in Hico, TX. There are multiple storage and garage buildings on the property which is surrounded by huge mature hardwoods. It features a formal dining, living, wood floors, staircase, and much much more. There is so much storage and plenty of room. Property also includes a well for the yard. This home is known for some incredible history. It is said to have been built by The Wiesers who had a big part in the economic growth of Hico. Vincent Wieser first invested in the local cotton gin and flour mill and then the family went on to invest into several other endeavors in Hico as well as in surrounding cities including but not limited to; Hico Telephone Co, Hico National Bank, Hico Ice and Cold Storage, and a Cotton Compress. Don't miss out on the opportunity to own a unique piece of Hico's history.

Investor Tools

Property Icon
$680,920
Estimated Property Value
$0Estimated Mortgage Balance
$680,920Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$4,086 /month
Positive
Cash Flow Estimate:
$1,362 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,260/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$11,712
$680,920
2025
$46,230
$634,690
$680,920
No

Tax History

Year
Tax Paid
Assessed Value
2025
$11,712
$680,920

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$680,920
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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514 N Mesquite Street | Property Details | No Agent List