601 CHESTNUT STREET, HICO, TX 76457

Homes for sale in Hico.

Homes for sale in 76457.


Active

List Price$250,000

601 Chestnut Street

Hico, TX 76457

Listing Image Listing Image Listing Image Listing Image Listing Image Listing Image Listing Image

Listing #21273647

7.72

Acres

Lots / Land

Type

About This Property

Exceptional development opportunity within the city limits of Hico, TX! This 7.723-acre tract is ideally located along existing Chestnut Street southeast of Hico schools and near areas of ongoing residential growth. Featuring gently rolling terrain, mostly open pasture, and scattered mature live oaks and native trees, the property offers an attractive setting for future residential development or investment. The tract is bordered by platted city streets including 6th Street, 7th Street, and Magnolia Street; however, these streets are not currently constructed. Existing sections of 6th, 7th, and Magnolia terminate at the corners of the property, creating potential for future extension and lot-and-block development subject to city approval and infrastructure improvements. City water and sewer are available along Chestnut Street. With strong long-term upside, excellent location, and flexible development potential, this is a rare opportunity to acquire a sizable in-town tract in one of Central Texas' most charming and growing small towns. Buyers are responsible for verifying all information and conducting their own due diligence. No guarantees are made regarding the accuracy of information provided, including property value, zoning, utilities, development potential, street extensions, permissible uses, amenities, or any rights that may or may not exist. Buyers are encouraged to consult with their tax, financial, legal, and development professionals and independently verify any information important to their purchase decision.

Property Features

Location Information

County

Hamilton

Subdivision

Cox-Weaver Add

Interior Features

Has Fireplace

No

Exterior Features

Utilities

Electricity Available, Sewer Available, See Remarks, Water Available

Zoning

Contact city of Hico.

Lot Description

Acreage, City Lot

Is One Story

No

Lot Size in Acres

7.723

Lot Description

Acreage, City Lot

Lot Size in Sq. Ft.

336,413

School

Elementary School District

Hico ISD

High School

Hico

Elementary School

Hico

Additional Information

Property Type

LL

Has a Home Owners Association

No

Property SubType

Unimproved Land

Tax Annual Amount

1772.0

Status

Active

Similar Listings

Mortgage Calculator

$1,166

per month

30 Year Fixed. 3.52% Interest Rate.

Principal + Interest

$900

Monthly Tax

$208

Monthly Insurance

$58

yrs

%

$

$

Based on a fully amortized fixed rate loan. Ask your agent for the tax rates in your area. Insurance estimate is based on an average cost, your final premium cost will be determined by the type of coverage you select. This program only provides an estimate.

Schools

Walk Score

Real Estate IDX Powered by iHomefinder