Listing provided courtesy of Keller Williams Brazos WestMLS# 21273647MLS ProviderContact Information: Ashley Haile - 254-688-0087,254-688-0087
  • 43 days on site
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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.

Source: North Texas MLS, MLS#: 21273647

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  • Property Type
    Land
  • Lot
    7.72 acres

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Pamela Buske

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Owning this Home

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* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

Life at 601 Chestnut Street


Schools


School data courtesy of LiveBy, Inc.
Ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating. The schools displayed on this website are for informational purposes only and may not represent a complete or up-to-date list. School assignments are subject to change and should be verified directly with the local school district. Please contact the appropriate school district to confirm school zoning and enrollment eligibility for this property.

History

Date Event Value Agent
6/9/2026Source: North Texas MLS Price Reduction
$225,000 -10.0%
5/18/2026Source: North Texas MLS Added to Database
May 18, 2026