$2,800,000
( )
 $15,898 est/mo Sourced by Back At You

103 S Pecan Street,Hico, TX 76457

Hico, TX 76457

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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 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

Details

MLS #21276587
Listing TypeFor Sale
StyleHotel/motel
Building NameMidland Hotel and Chophouse
Sub-TypeResale
StatusActive
Year1896
Days On Site65
Listing Provided ByClark Real Estate Group | Brad Harrison

Features

SQ Feet16,722
Story(s)2
ZoningF - Commercial (General)
Acreage0.20

Interior

CoolingCeiling Fan(s), Central Air, Electric, Multi Units, Zoned
HeatingCentral, Electric, Space Heater, Zoned

Exterior

RoofFlat, Synthetic
Security FeaturesCarbon Monoxide Detector(s), Fire Alarm, Fire Sprinkler System, Security System Owned, Smoke Detector(s)
Construction MaterialsRock/Stone, Wood
Foundation DetailsPillar/Post/Pier, Slab
Lot FeaturesCorner Lot

Parking

Parking FeaturesAlley Access, On Street

Utilities

UtilitiesAlley, Asphalt, City Sewer, City Water, Curbs, Sidewalk

Taxes

Unexempt Taxes8950
Tax Lot9, 10
Tax Block9
Tax Legal DescriptionS1/2 OF 9 & 10 BLK 09 (1) ORIG HICO; 25X115

Area Information

StateTX
CountyHamilton
CityHico
Zip Code76457
AreaHamilton
Community NameOrig Hico
Listing VS Median (in Orig Hico)
Price:
$2,800,000
low | high
Med:
$540,000
100% of Average
sqft:
16,722
low | high
Med:
2,843
100% of Average
$ / sqft:
$167
low | high
Med:
$190
36.564996733832% of Average
On site:
65
low | high
Med:
114
57.017543859649% of Average
Sourced by Back At You

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All information provided by the seller and is deemed to be correct, but is not guaranteed. Buyer to verify and satisfy themselves with all information listed including but not limited to lot size, room sizes and square footage.  Buyers are encouraged to have property inspected by inspector of their choice.  Price subject to change. IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. You may not reproduce or redistribute this data—it is for viewing purposes only. This data is deemed reliable, but is not guaranteed accurate by the MLS or NTREIS.

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Learn More About This Property

StateTX
CountyHamilton
CityHico
Zip Code76457
AreaHamilton
Community NameOrig Hico
Listing VS Median (in Orig Hico)
Price:
$2,800,000
low | high
Med:
$540,000
100% of Average
sqft:
16,722
low | high
Med:
2,843
100% of Average
$ / sqft:
$167
low | high
Med:
$190
36.564996733832% of Average
On site:
65
low | high
Med:
114
57.017543859649% of Average
Sourced by Back At You
Listing Updated: July 7, 2026 at 9:19:16 PM PDT