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$325,000 Just Listed
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Property Description
Position your business for success with this versatile 3,800+ square foot commercial building in one of Hico's most visible locations. Situated directly on Highway 281 at the town's main red light, this property offers outstanding exposure with steady daily traffic and easy access from multiple directions. Inside, you'll find a spacious storefront retail area, a restroom, and dedicated storage space, providing the flexibility to accommodate a wide variety of business opportunities. Whether you're envisioning a retail shop, professional office, boutique, showroom, service business, or a combination of uses, this property is ready to bring your vision to life. The property is currently tenant occupied, generating $1,800 per month in rental income, making it an excellent opportunity for investors or future owner-occupants. Parking is available from both the side and rear of the building. If you're looking for a highly visible commercial property with strong investment potential and endless possibilities in the heart of Hico, this is an opportunity you won't want to miss. Schedule your showing today and discover everything this prime location has to offer.
Full Property Details
Full Property Details for 406 N 2nd St
General
- Price: $325,000
- Taxes: $2,925
- Status: Active
- Type: Retail
- Source: NTREIS
- MLS ID: 21326917
- Updated: 7/10/2026
- Added to Site: 2 day(s) ago
Business
- Business Type: Other
Interior
- Flooring: Concrete
Parking
- Carports: Yes
- Parking Features: Carport, Parking Lot
Location
- County: Hamilton
- Subdivision: Peters
- Driving Directions: 406 N Second
Heating & Cooling
- Central air: Yes
- Air Conditioning: Yes
- Cooling Type: Central Air, Ceiling Fan(s), Electric
- Heating Type: Central, Electric
Utilities
- Sewer: Public Sewer
- Water: Public
- Utility Description: Sewer Available, Water Available
Structural Information
- Detached/Attached: Detached
- Construction: Steel Siding, Stucco
- Roof: Metal
- Stories/Levels: 1
- Square Feet: 3,860
- Sq. Ft. Source: Public Records
- Year Built: 1983
Lot Features
- Lot Size (Acres): 0.224
- Lot Size (Sq. Ft.): 9,757.44
- Lot Size Source: Public Records
- Lot Features: Acreage
- Potential Use: Other
- Zoning: commercial
Financial Considerations
- Tax Amount: $2,925
- Tenant Pays: All Utilities, Electricity
Disclosures and Reports
- Legal Description: PT OF 16 BLK 01 (12) PETERS; NE70X70
- Inclusions: Land & Improvements
- Property ID: R19691
- Block: 1
- Lot Number: 16
Listed by Black Real Estate, Llc, Christi Black
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Schools
Schools serving 406 N 2nd St
School District:Hico Independent School District
| Name | Grades | Distance |
|---|---|---|
Hico Elementary School 9th and Cherry St, Hico, TX 76457 | PK-5 | 0.9 mi |
Hico High School 901 Cedar Street, Hico, TX 76457 | 6-12 | 0.9 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 406 N 2nd St
Date
Details
Price
Change
Source
7/09/2026
Listed
$325,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 406 N 2nd St
Year
Property Taxes
Change
Tax Assessment
Change
2025
$2,925
24%
$184,120
56%
2022
$2,350
12%
$118,100
27%
2021
$2,099
36%
$92,800
65%
2018
$1,542
—
$56,110
—
2017
$1,548
-32%
$56,110
-35%
2019
$2,284
50%
$86,270
54%
2016
$1,527
1%
$56,110
—
2015
$1,516
2%
$56,110
—
2013
$1,481
—
$56,110
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 406 N 2nd St
406 N Second Street, Hico, TX 76457 (MLS# 21326917) is a Retail property. 406 N Second Street is currently listed for $325,000 and was received on July 09, 2026. Want to learn more about 406 N Second Street? Do you have questions about finding other Retail real estate for sale in Hico? You can browse all Hico real estate or contact a Coldwell Banker agent to request more information.

