601 Chestnut Street Hico, TX 76457

Previous Listing Price: $250,000

About this home

Property Overview

Exceptional development opportunity within the city limits of Hico, TX! This 7.723-acre tract is ideally located along existing Chestnut Street southeast of Hico schools and near areas of ongoing residential growth. Featuring gently rolling terrain, mostly open pasture, and scattered mature live oaks and native trees, the property offers an attractive setting for future residential development or investment.

The tract is bordered by platted city streets including 6th Street, 7th Street, and Magnolia Street; however, these streets are not currently constructed. Existing sections of 6th, 7th, and Magnolia terminate at the corners of the property, creating potential for future extension and lot-and-block development subject to city approval and infrastructure improvements. City water and sewer are available along Chestnut Street.

With strong long-term upside, excellent location, and flexible development potential, this is a rare opportunity to acquire a sizable in-town tract in one of Central Texas’ most charming and growing small towns.

Buyers are responsible for verifying all information and conducting their own due diligence. No guarantees are made regarding the accuracy of information provided, including property value, zoning, utilities, development potential, street extensions, permissible uses, amenities, or any rights that may or may not exist. Buyers are encouraged to consult with their tax, financial, legal, and development professionals and independently verify any information important to their purchase decision.