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Property Attributes
- MLS#20399743
- TypeMulti-Family
- CountyHILL
- CityHillsboro
- NeighborhoodHillsboro Ot
- Zip76645
- StyleMultiple Single Units
- Year Built1945
- Taxes$ 3576
- Price$ 265,000
- Bedrooms14
- Full Bathrooms12
- Half Bathrooms0
- Sqr Footage5548
- Lot Size0.185 Acres
Data Source:
North Texas Real Estate Info Systems (NTREIS)
Property Description
This historic hotel with roots dating back to the late 1800's is a rare diamond that offers an exceptional opportunity for real estate investment. The hotel has undergone partial renovations in the 80's. Great potential for generating income through hotel or Air BNB operations or event rentals. Located in the central business district of Hillsboro's Main Street just steps away from the courthouse square. The partial renovations already completed have reduced the amount of work needed to get the property up and running again. Bottom floor has been occupied until recently. Private Courtyard and gated covered parking. A must-see for anyone looking to invest in real estate in the growing city of Hillsboro that is centrally located between DFW and Waco. Adjoining Shop at 120 S Covington is available for sale and can be purchased together. Bring your vision!
Elementary School |
---|
Hillsboro Elementary School |
Price History | |
---|---|
8/11/2023 | Listed $295,000 |
11/16/2023 | 4% - $285,000 |
12/18/2023 | 6% - $270,000 |
2/2/2024 | 2% - $265,000 |
General Features
Heating | Central,Other |
---|---|
Complex Name | 213 Gould |
Cooling | Ceiling Fan(s),Central Air,Electric |
Utilities | All Weather Road,City Sewer,City Water,Natural Gas Available |
Possession | Negotiable |
Roof | Metal |
Appliances | Dishwasher,Electric Cooktop |
School District | Hillsboro ISD |
Capitalization Rate | 0.00 |
Year Built | 1945 |
Levels | Two |
Unexempt Taxes | 3576 |
Will Subdivide | No |
Gross Annual Expenses | 0.00 |
Property SubType | Multiple Single Units |
Subdivision Name | Hillsboro Ot |
Occupant Type | Vacant |
Carport Spaces | 2 |
County | Hill |
Property Type | Residential Income |
Security Features | Unknown |
Construction Materials | Block,Brick,Other |
Year Built Details | Preowned |
HOA Type | None |
Special Notes | Aerial Photo |
# of Buildings | 1 |
Status | Active |
Directions | From downtown Hillsboro Head west on W Elm St toward Bonds Alley,Turn left onto Covington St,Turn right onto W Gould St. Entrance will be on the left |
City | Hillsboro |
Buyer Agent Compensation | 3.0 |
Elementary School Name | Hillsboro |
High School | Hillsboro |
Elementary School | Hillsboro |
Virtual Tour URL Unbranded | https://www.propertypanorama.com/instaview/ntreis/20399743 |
Standard Status | Active |
Junior High School | Hillsboro |
Buyer Agent Compensation Type | % |
Interior Features
Interior Features | Other |
---|---|
Flooring | Carpet,Hardwood,Laminate |
Total Units | 12 |
Unit Count | 2 |
Full Baths | 3 |
Lock Box Type | Combo |
Total Bedrooms | 14 |
Total Baths | 3 |
Exterior Features
Exterior Features | Courtyard,Private Entrance,Storage |
---|---|
Lot Features | Corner Lot |
Fencing | Block,Brick,Full |
Lot Size Source | Public Records |
Parking Features | Covered,Driveway,Gated,On Site,On Street,Open,Private |
Lot Size | Less Than .5 Acre (not Zero) |
Covered Spaces | 2 |
Foundation | Pillar/Post/Pier,Slab |
Lot Size Area | 0.1850 |
Number Of Parking Spaces | 4 |
Lot Size Units | Acres |
Building Area Total | 5548.00 |
Lot Size Square Feet | 8058.6000 |
Lot Size Acres | 0.1850 |
Patio And Porch Features | Covered,Rear Porch,Other |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool