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. Adjoining Shop at 120 S Covington is available for sale and can be purchased together. Bring your vision!
Hillsboro is located in Texas. Hillsboro, Texas 76645has a population of 8,193. Hillsboro 76645 is more family-centric than the surrounding county with 29.79% of the households containing married families with children. The county average for households married with children is 29.39%.
The median household income in Hillsboro, Texas 76645 is $48,281. The median household income for the surrounding county is $57,800 compared to the national median of $69,021. The median age of people living in Hillsboro 76645 is 34.8 years.
The average high temperature in July is 95.6 degrees, with an average low temperature in January of 34.3 degrees. The average rainfall is approximately 39.2 inches per year, with 0.2 inches of snow per year.
