




$683,573
NAL Estimated Property Value542 Hickory, Abilene, TX, 79601
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About this property
AGENT OWNED. This renovated, mixed-use property is located just West of the Convention Center Hotel (Doubletree Hotel) in Downtown Abilene. With 16 leased office spaces at 542 Hickory on one side & a five-year tenant next door at 536 Hickory, which is also included in this sale, the building is cash-flowing & brings in $16,000 per month in rental income. The SE parking lot adjacent to Peacock Patio Bar is included in this listing. The back acre parking lot is not included, but could be purchased with the building. See MLS listing #20406647 for the adjacent parking lot details.
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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: Abilene
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