$1,395,000
$205K PRICE DROP

208 N Church St Hillsboro, TX 76645

Estimated payment $9,099/month

Total Views 8,434
2 Beds
1 Bath
15,250 Sq Ft
$91 Price per Sq Ft

Highlights

  • Open Floorplan
  • Central Air
  • Heating Available
  • Luxury Vinyl Plank Tile Flooring
  • Ceiling Fan
  • 2-minute walk to The Yard Park

About This Home

Compass Commercial is pleased to present exclusively for sale the Hillsboro Oaks Apartments. Located in downtown Hillsboro, TX just two city blocks from the Hill County courthouse with easy access to I-35, and less than a 1 hour drive from Fort Worth. Acquisition of this 20 unit apartment complex presents a value add opportunity for multi family investors. All 2 bed, 2 bath units range from approximately 750-1,000 SqFt and rent for an average of one dollar per SqFt plus utilities. Units were renovated in 2021 with new materials, systems and features including carpet, countertops, paint, LVP flooring, appliances, HVAC units, resurfaced parking lot and new metal roofing and siding. Please contact listing agent for non-disclosure agreement to view rent roll and expenses.

Listing Agent

Michael Karol

Compass RE Texas, LLC Brokerage Phone: 817-714-7769 License #0661261 Listed on: 01/26/2024

Compass RE Texas, LLC

Co-Listing Agent

Andrew Neumann

Compass RE Texas, LLC Brokerage Phone: 817-714-7769 License #0795125

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1984

Lot Details

  • 0.65 Acre Lot

Home Design

  • Pillar, Post or Pier Foundation
  • Frame Construction
  • Metal Roof
  • Metal Siding

Interior Spaces

  • 15,250 Sq Ft Home
  • 2-Story Property
  • Open Floorplan
  • Ceiling Fan
  • Luxury Vinyl Plank Tile Flooring

Kitchen

  • Electric Oven
  • Electric Cooktop
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Parking

  • 31 Parking Spaces
  • Common or Shared Parking
  • Driveway

Schools

  • Hillsboro Elementary And Middle School
  • Hillsboro High School

Utilities

  • Central Air
  • Heating Available
  • Master Water Meter
  • Electric Water Heater
  • Phone Available
  • Cable TV Available

Community Details

  • 20 Units
  • 15,250 Sq Ft Building
  • Harden Subdivision

Listing and Financial Details

  • Legal Lot and Block 4 / 2
  • Assessor Parcel Number 106908
  • $9,891 per year unexempt tax

Property Details

Home Type

Multi-Family

Year Built

Built in 1984

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multiple Single Units
  • Unit Levels: Two
  • Year Built Details: Preowned
  • Multi Parcel I D Y N: No
  • Municipal Utility District Y N: No
  • Net Operation Income: 112792
  • Will Subdivide: No
  • Accessibility Features Yn: No
  • Ratio Current Price By Building: 91.47541
  • Attribution Contact: 817-714-7769
  • Special Features: None
  • Year Built: 1984

Interior Features

  • Square Footage: 15250.00
  • Interior Amenities: Cable TV Available, Open Floorplan
  • Flooring: Luxury Vinyl Plank
  • Appliances: Dishwasher, Electric Cooktop, Electric Oven, Electric Range, Electric Water Heater, Refrigerator

Beds/Baths

  • Full Bathrooms: 1
  • Total Bedrooms: 2

Exterior Features

  • Pool: No
  • Foundation: Pillar/Post/Pier
  • Roof: Metal
  • Construction Materials: Frame, Metal Siding, Wood

Garage/Parking

  • Cooling System: Ceiling Fan(s), Central Air, Electric
  • Number Of Parking Spaces: 31
  • Parking Features: Asphalt, Common

Utilities

  • Heating: Electric
  • Utilities: Cable Available, City Sewer, City Water, Electricity Connected, Master Water Meter, Phone Available

Condo/Co-op/Association

  • Complex Name: Hillsboro Oaks Apartments
  • Association Type: None

Schools

  • School District: Hillsboro ISD
  • Elementary School: Hillsboro
  • High School: Hillsboro
  • School District: Hillsboro ISD
  • Elementary School: Hillsboro
  • Junior High School: Hillsboro

Lot Info

  • Lot Size Units: Acres
  • Lot Size Area: 0.6530
  • Parcel Number: 106908
  • Lot Size Acres: 0.6530
  • Lot Size Sq Ft: 28444.6800

Green Features

  • Smart Home Features Appor Pass Y: No

Building Info

  • Year Built: 1984
  • Units Total: 20

Multi Family

  • Gross Annual Expenses: 82023.00
  • Gross Annual Income: 194815.00
  • Insurance Expense: 6000
  • Unit Count: 1

Tax Info

  • Unexempt Taxes: 9891
  • TaxBlock: 2
  • Tax Lot: 4

MLS Schools

  • Elementary School Name: Hillsboro
  • High School Name: Hillsboro

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/15/2025 04/15/25 Price Changed $1,395,000 -6.7% $91 / Sq Ft
04/15/2025 04/15/25 For Sale $1,495,000 0.0% $98 / Sq Ft
03/19/2025 03/19/25 Pending -- -- --
01/23/2025 01/23/25 Price Changed $1,495,000 -0.3% $98 / Sq Ft
01/23/2025 01/23/25 Price Changed $1,500,000 -6.3% $98 / Sq Ft
09/23/2024 09/23/24 For Sale $1,600,000 0.0% $105 / Sq Ft
08/23/2024 08/23/24 Pending -- -- --
01/26/2024 01/26/24 For Sale $1,600,000 -- $105 / Sq Ft
Source: North Texas Real Estate Information Systems (NTREIS)

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Source: North Texas Real Estate Information Systems (NTREIS)

MLS Number: 20521480

North Texas Real Estate Information Systems (NTREIS)