103 S Pecan Street, Hico, TX 76457
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103 S Pecan Street, Hico, TX 76457
103 S Pecan Street, Hico, TX 76457
103 S Pecan Street, Hico, TX 76457
103 S Pecan Street, Hico, TX 76457
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103 S Pecan Street Hico, TX 76457

8,624 Sqft Lot

UPDATED:

Key Details

Property Type Commercial

Sub Type Hotel/Motel

Listing Status Active

Purchase Type For Sale

Subdivision Orig Hico

MLS Listing ID 21276587

Total Fin. Sqft 16722

Year Built 1896

Annual Tax Amount $8,950

Lot Size 8,624 Sqft

Acres 0.198

Property Sub-Type Hotel/Motel

Property 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

Location

State TX

County Hamilton

Zoning F - Commercial (General)

Direction From Hico turn South onto N Pecan St for 400 ft. Property located on the NE Corner of N Pecan St and E 1st St. *Midland Hotel and Chophouse* No SOP

Interior

Heating Central, Electric, Space Heater, Zoned

Cooling Ceiling Fan(s), Central Air, Electric, Multi Units, Zoned

Flooring Carpet, Concrete, Hardwood

Heat Source Central, Electric, Space Heater, Zoned

Exterior

Utilities Available Alley, Asphalt, City Sewer, City Water, Curbs, Sidewalk

Roof Type Flat,Synthetic

Accessibility Accessible Approach with Ramp, Accessible Bath - Full, Accessible Bedroom, Accessible Doors, Accessible Entrance, Meets ADA Requirements

Garage No

Building

Lot Description Corner Lot

Foundation Pillar/Post/Pier, Slab

Structure Type Rock/Stone,Wood

Others

Acceptable Financing 1031 Exchange, Cash, Conventional

Listing Terms 1031 Exchange, Cash, Conventional

Special Listing Condition Aerial Photo, Meets ADA Guidelines, Survey Available, Utility Easement

Virtual Tour https://www.propertypanorama.com/instaview/ntreis/21276587

North Texas Real Estate Info Systems (NTREIS) -MetroTex and Collin County (CCAR)
©2026 North Texas Real Estate Information Systems.
Listed by Brad Harrison • Clark Real Estate Group
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103 S Pecan Street