Hillsboro, TX 76645 701 E Elm Street
$199,900
29 more
- MLS# 21072727
- 09/30/2025
Presented By: Bryan Redmond with Red Realty TX, LLC; 214-448-2203
Disclaimer: The information contained in this listing has not been verified by Bold Real Estate and should be verified by the buyer.
Beds • 2
Baths • 2
SQFT • 1,247
Year Built • 1945
Home Details
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!
Presented By: Bryan Redmond with Red Realty TX, LLC; 214-448-2203
Interior Features for 701 E Elm Street
Bedrooms
Total Bedrooms2
Bathrooms
Half Baths0
Total Baths2
Other Interior Features
Basement Y/NNo
Dining Areas1
Fireplaces Total0
Interior FeaturesCable TV Available, High Speed Internet Available, Natural Woodwork, Open Floorplan
Living Areas1
Lock Box TypeSee Remarks
Other Rooms
Room Count3
General for 701 E Elm Street
Accessory Unit TypeAccessory Dwelling Unit (ADU)
Accessory Unit Y/NYes
AppliancesDryer, Gas Cooktop, Gas Oven, Gas Range, Plumbed For Gas in Kitchen, Washer
Carport Spaces1
CityHillsboro
CountyHill
DirectionsOn the corner of Elm Street and Park Street.
Elementary SchoolHillsboro
Elementary School NameHillsboro
Full Baths2
HOA TypeNone
High SchoolHillsboro
Junior High SchoolHillsboro
LevelsOne
Listing TermsCash, Conventional, FHA, VA Loan
Occupant TypeTenant
Pool Y/NNo
PossessionNegotiable
Property SubtypeSingle Family Residence
Property TypeResidential
School DistrictHillsboro ISD
Standard StatusActive
StatusActive
Subdivision NameParks
Transaction TypeFor Sale
Unexempt Taxes1952
UtilitiesAsphalt, City Sewer, City Water, Electricity Connected, Individual Gas Meter, Individual Water Meter, Underground Utilities
Virtual Tour URL UnbrandedClick here
Will SubdivideNo
Year Built1945
Exterior for 701 E Elm Street
Covered Spaces1
Exterior FeaturesCovered Patio/Porch
Garage Y/NNo
Lot SizeLess Than .5 Acre (not Zero)
Lot Size Acres0.1790
Lot Size Area0.1790
Lot Size Square Feet7797.2400
Lot Size UnitsAcres
Other StructuresResidence
Parking FeaturesCovered, Detached Carport, No Garage
Structural StyleSingle Detached
WaterfrontNo
Additional Details
Price History
Schools
Elementary School
Hillsboro Elementary School
Middle School
N/A
High School
N/A
Suzanne Smith
Broker/Owner