701 E Elm Street, Hillsboro, TX 76645
Local realty services provided by:Better Homes and Gardens Real Estate Rhodes Realty
Listed by:bryan redmond214-448-2203
Office:red realty tx, llc.
MLS#:21072727
Source:GDAR
Price summary
- Price:$199,900
- Price per sq. ft.:$160.3
About this home
Turnkey Investment property! The main house is 2bed 2bath and rented long term at $1,250 per month and the ADU is 1bed 1bath and is rented long term for $600 per month, providing $22,200 annually with a gross cap rate of 9.66%! Low maintenance setup with excellent rental history! New roofs in 2022. Amazing location, close access to I-35 and downtown Hillsboro, easy commute to Waco and Fort Worth. Do not miss out on this rare opportunity!
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Home facts
- Year built:1945
- Listing ID #:21072727
- Added:2 day(s) ago
- Updated:October 03, 2025 at 11:55 AM
Rooms and interior
- Bedrooms:2
- Total bathrooms:2
- Full bathrooms:2
- Living area:1,247 sq. ft.
Structure and exterior
- Year built:1945
- Building area:1,247 sq. ft.
- Lot area:0.18 Acres
Schools
- High school:Hillsboro
- Elementary school:Hillsboro
Finances and disclosures
- Price:$199,900
- Price per sq. ft.:$160.3
- Tax amount:$1,952
Information provided, in part, by North Texas Real Estate Information Systems, Inc. Last Updated October 3, 2025 Listings with the NTREIS logo are listed by brokerages other than Better Homes and Gardens Real Estate Rhodes Realty.New listings near 701 E Elm Street
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