About This Home

This 0-bedroom, 0-bathroom commercial at 103 S Pecan Street in Hico, TX is listed for $2,800,000. Built in 1896, on a 0.20 acres lot.

Key Features

  • Built in 1896
  • 0.20 acre lot
  • 2 stories

Property Details

2 stories
1896

Amenities

HardwoodA/C
Listing Description

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 ki

tchen 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

Monthly Cost Estimate

$14,975/mo

20% down · 6.5% · 30 years

Principal$2,025
Interest$12,133
Insurance$817

Estimates only. Actual payments may vary.

Location

103 S Pecan Street

Hico, TX 76457

Orig Hico

Property Details

Flooring

ConcreteHardwoodCarpet

Construction

Rock Stone WoodSiding

Parking

AlleyOn Street

Heating

Electric (Heating)Space HeaterZonedCentral

Cooling

Multi UnitsCeiling Fan(s)ElectricZonedCentral Air

Questions & Answers

This 0-bedroom, 0-bathroom commercial at 103 S Pecan Street is listed at $2,800,000. The estimated monthly payment is $14,975 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: Built in 1896, 0.20 acre lot, 2 stories.

This property is listed by Brad Harrison.

BH

Brad Harrison

Agent at Clark Real Estate Group

Listed by Clark Real Estate Group · Broker phone: (817) 458-0402

MLS# 21276587· Source: North Texas Real Estate Information Systems, Inc.· 7 days on PropertySimple

Copyright © 2026 North Texas Real Estate Information Systems, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

103 S Pecan Street, Hico, TX 76457

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