TX > Hillsboro > Hillsboro Ot
Hillsboro, TX 76645,213 W Gould Street #A
Jason Abalos
Jason Abalos

Broker Associate | License ID: 0589132

+1(469) 378-8878

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$ 200,000

$ 200,000

Est. payment | /mo

8,058 Sqft Lot

$ 200,000

$ 200,000

Est. payment | /mo

8,058 Sqft Lot

Key Details

Sold Price $200,000

Property Type Commercial

Sub Type Hotel/Motel

Listing Status Sold

Purchase Type For Sale

Subdivision Hillsboro Ot

MLS Listing ID 20845456

Sold Date 04/05/25

Total Fin. Sqft 5548

Year Built 1945

Annual Tax Amount $3,576

Lot Size 8,058 Sqft

Acres 0.185

Property Sub-Type Hotel/Motel

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. Bring your vision!

Location

State TX

County Hill

Zoning CENTRAL BUSINESS DISTRICT

Direction 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

Interior

Heating Central, Other

Cooling Ceiling Fan(s), Central Air, Electric

Flooring Carpet, Hardwood, Laminate

Heat Source Central, Other

Exterior

Utilities Available All Weather Road, City Sewer, City Water, Natural Gas Available

Roof Type Flat,Metal

Garage No

Building

Lot Description Corner Lot

Foundation Pillar/Post/Pier, Slab

Structure Type Block,Brick,Other

Others

Ownership Janet Lahr

Acceptable Financing 1031 Exchange, Cash, Conventional

Listing Terms 1031 Exchange, Cash, Conventional

Financing Cash

Special Listing Condition Aerial Photo

North Texas Real Estate Info Systems (NTREIS) -MetroTex and Collin County (CCAR)
©2025 North Texas Real Estate Information Systems.
Listed by Lacey Whitehouse • JULIE SIDDONS REALTORS, LLC
Bought with Jamie Siddons • JULIE SIDDONS REALTORS, LLC
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+1(469) 378-8878

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213 W Gould Street #A