103 S Pecan Street Hico, TX $ 2,800,000
103 S Pecan Street
$ 2,800,000
Recently Listed
Share Save

103 S Pecan Street

Hico, TX, 76457
$ 2,800,000
Bedrooms-- Baths--

Monthly Estimate*

$ 17,679

103 S Pecan Street, Hico, TX 76457 - Image 1
103 S Pecan Street, Hico, TX 76457 - Image 2
103 S Pecan Street, Hico, TX 76457 - Image 3
103 S Pecan Street, Hico, TX 76457 - Image 4
103 S Pecan Street, Hico, TX 76457 - Image 5
103 S Pecan Street, Hico, TX 76457 - Image 6
103 S Pecan Street, Hico, TX 76457 - Image 7
103 S Pecan Street, Hico, TX 76457 - Image 8
103 S Pecan Street, Hico, TX 76457 - Image 9
103 S Pecan Street, Hico, TX 76457 - Image 10
103 S Pecan Street, Hico, TX 76457 - Image 11
103 S Pecan Street, Hico, TX 76457 - Image 12
103 S Pecan Street, Hico, TX 76457 - Image 13
103 S Pecan Street, Hico, TX 76457 - Image 14
103 S Pecan Street, Hico, TX 76457 - Image 15
103 S Pecan Street, Hico, TX 76457 - Image 16
103 S Pecan Street, Hico, TX 76457 - Image 17
103 S Pecan Street, Hico, TX 76457 - Image 18
103 S Pecan Street, Hico, TX 76457 - Image 19
103 S Pecan Street, Hico, TX 76457 - Image 20
103 S Pecan Street, Hico, TX 76457 - Image 21
103 S Pecan Street, Hico, TX 76457 - Image 22
103 S Pecan Street, Hico, TX 76457 - Image 23
103 S Pecan Street, Hico, TX 76457 - Image 24
103 S Pecan Street, Hico, TX 76457 - Image 25
103 S Pecan Street, Hico, TX 76457 - Image 26
103 S Pecan Street, Hico, TX 76457 - Image 27
103 S Pecan Street, Hico, TX 76457 - Image 28
103 S Pecan Street, Hico, TX 76457 - Image 29
103 S Pecan Street, Hico, TX 76457 - Image 30
103 S Pecan Street, Hico, TX 76457 - Image 31
103 S Pecan Street, Hico, TX 76457 - Image 32
103 S Pecan Street, Hico, TX 76457 - Image 33
103 S Pecan Street, Hico, TX 76457 - Image 34
103 S Pecan Street, Hico, TX 76457 - Image 35
103 S Pecan Street, Hico, TX 76457 - Image 36
103 S Pecan Street, Hico, TX 76457 - Image 37
103 S Pecan Street, Hico, TX 76457 - Image 38
103 S Pecan Street, Hico, TX 76457 - Image 39
103 S Pecan Street, Hico, TX 76457 - Image 40
View a Virtual Tour

Commercial Property for sale in Hico, TX

for $2,800,000. This building was built in 1896 on a lot size of 0.198.

Historic Charm Meets Prime Commercial Opportunity! Located on a prominent corner in the Heart of Hico, the iconic *Midland Hotel and Chophouse* is ready for its next chapter. Originally constructed in 1896 and completely restored in 2016-18, this landmark property boasts incredible visibility, historic architectural character, and immense potential for a boutique hotel, premier dining destination, or a multi-use commercial venture. The Hotel and Restaurant-Bar have been in operation since the opening in 2018 and have built a strong reputation and clientele for great food, inviting atmosphere, quality service and hospitality, featuring clean, spacious, comfortable rooms. Situated on the northeast corner of N Pecan St and E 1st St, it offers excellent foot traffic and a commanding street presence. Conveniently located between the DFW Metroplex and Texas Hill Country, Hico has been attracting weekend travelers for the past several years and the Hico Economic Development Corporation along with local investors and developers are well on the way to completely revitalizing the downtown area. Bring your vision to this legendary piece of local history and Turnkey Operation with established branding and an active revenue stream. NOW is your Golden Opportunity to invest in Hico, Texas!!! Included in Sale: *Real Estate (land and building) *All guest room furnishings, restaurant and lobby decor, furniture and fixtures *Complete commercial kitchen and bar (turnkey physical setup) Excluded from Sale: *Current tenant's business entity, personal equipment, software, operational goodwill and customer data *All proprietary recipes, menus and culinary intellectual property *Advertising and social media accounts

See more

Commercial Active

Price

$ 2,800,000

Property Type

Commercial

Taxes

$ 8,950

Style

Hotel/Motel

Lot Size

0.198

Year Built

1896

Town/City

Hico

County/Region

Hamilton

MLS | Web ID

21276587

Features
General
Heating Central Electric Space Heater Zoned
Cooling Ceiling Fan(s) Central Air Electric Multi Units Zoned
Utilities Alley Asphalt City Sewer City Water Curbs Sidewalk
Ceiling Height 11 to 14 Feet
Possession Closing/Funding Negotiable
Roof Flat Synthetic
Exclusions See details in Property Description
Year Built 1896
Business Type Bar/Tavern/Lounge Hotel/Motel Restaurant
Business Name Midland Hotel and Chophouse
Property Subtype Hotel/Motel
Subdivision Name Orig Hico
Accessibility Features Accessible Approach with Ramp Accessible Bath - Full Accessible Bedroom Accessible Doors Accessible Entrance Meets ADA Requirements
Occupant Type Tenant
County Hamilton
Property Type Commercial Sale
Construction Materials Rock/Stone Wood
Year Built Details Preowned
Special Notes Aerial Photo Meets ADA Guidelines Survey Available Utility Easement
Status Active
Directions From Hico turn South onto N Pecan St for 400 ft. Property located on the NE Corner of N Pecan St and E 1st St. *Midland Hotel and Chophouse* No SOP
City Hico
Standard Status Active
Listing Terms 1031 Exchange Cash Conventional
See more
Exterior
Waterfront 0
Lot Features Corner Lot
Lot Size Source Assessor
Parking Features Alley Access On Street
Lot Size Less Than .5 Acre (not Zero)
Foundation Pillar/Post/Pier Slab
Building Area Total 16722.00
See more
Interior
Flooring Carpet Concrete Hardwood
Total Stories 2
Total Units 13
See more
Internal Only
Street Number 1 103
See more
* Excluded Features
List By
Brad Harrison

Listing Agent

Clark Real Estate Group

Broker

Affordability Calculator

$18,425
Per Month
96%
4%
0%
Monthly Principal & Interest
$17,679
Monthly Property Taxes
$746
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
Learn more about how to save

Discover how much house you can afford

Your dream home may be within reach.

Learn More about how to save

The time to sell is now
THE TIME TO SELL IS NOW! What's my home worth?
Nearby
288163 Elementary School
288375 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
7/7/2026$2,800,000 Listed Price

Map


See all

103 S Pecan Street, Hico, TX, 76457 is a Commercial Property for sale at $2,800,000 with a lot size of 0.198. 103 S Pecan Street was built in 1896. The property's zip code is 76457 which is in Hico, TX