701 E Elm Street, Hillsboro, TX 76645

$249,000 Asking Price

2 beds
2 baths
1,247  sqft
Built in 1945

Perfect investment opportunity! Maximize rental income by long-term renting this updated main house and Back Efficiency. Back Efficiency is currently leased for $580 through August 31, 2024. Also, a great opportunity for a homeowner looking to offset expenses! 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!


Features & Amenities

Interior

General:
High Speed Internet,Open Floorplan,Cable TV,Natural Woodwork
Appliances:
Some Gas Appliances,Dryer,Gas Cooktop,Gas Oven,Gas Range,Plumbed For Gas,Washer
Fireplace:
Fireplaces: 0

Exterior

General:
Residence
Style:
Detached
Other Structures:
Residence
Parking:
Covered,Detached Carport,No Garage

Construction

General:
1

Location

Road/Access:
Asphalt
Originating MLS:
NTR
School District:
Hillsboro ISD
County:
Hill

Lot

Zoning:
PARKS ADDN LT 21B, 114255

Utilities

Utilities:
Electricity Connected,Natural Gas Available,Sewer Available,Separate Meters,Underground Utilities,Water Available,Cable Available
Water:
Public
Sewer:
Public Sewer

Financial

Source:
NTR

This listing courtesy of:
Red Realty TX, LLC, Lauren Cranford

About Hillsboro, TX

Housing

Number of Units
4,740
Median Home Value
$111,470
Median Rent
$642

37.16% of housing units are renter occupied.

11.78% are vacant.

Commute

Car
93.75%
Public Transportation
0.00%
Walk to Work
0.75%
Work from Home
4.69%
Other
0.53%

The median travel time to work is 25 minutes.

People

Population
11,195
Median Age
36.90
Median Household Size
2.84

Education

High School
35.21%
Associate’s Degree
6.07%
Bachelor’s Degree
11.44%
Graduate Degree
6.09%

Disclaimer: Community and Demographic information uses data from the U.S. Census Bureau but is not endorsed or certified by the Census Bureau.

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