Location
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!
Property Details
Price:
$199,900
MLS #:
21072727
Status:
Active
Beds:
2
Baths:
2
Type:
Single Family
Subtype:
Single Family Residence
Subdivision:
Parks
Listed Date:
Sep 30, 2025
Finished Sq Ft:
1,247
Lot Size:
7,797 sqft / 0.18 acres (approx)
Year Built:
1945
Schools
School District:
Hillsboro ISD
Elementary School:
Hillsboro
High School:
Hillsboro
Interior
Bathrooms Full
2
Interior Features
Cable TV Available, High Speed Internet Available, Natural Woodwork, Open Floorplan
Number Of Living Areas
1
Exterior
Carport Spaces
1
Exterior Features
Covered Patio/Porch
Lot Size Area
0.1790
Financial
See this Listing
Aaron a full-service broker serving the Northern DFW Metroplex. Aaron has two decades of experience in the real estate industry working with buyers, sellers and renters.
More About AaronMortgage Calculator
Similar Listings Nearby
Community
- Address701 E Elm Street Hillsboro TX
- SubdivisionParks
- CityHillsboro
- CountyHill
- Zip Code76645
Subdivisions in Hillsboro
- .
- 1024
- 1605 Historic Homes
- A-563
- Abney
- Burnback
- Central School
- Country Club Estate Hillsboro
- Craig
- Cunningham
- D SPEARS A-838
- E. Roberts
- Elm
- F M Weatherred League & Labor
- F SCRUTCHFIELD
- FM2959
- Fruitland Acres
- Givens
- Givens – Fairview
- Givens Add
- Givens-Fairview
- Greenwood Add
- H Harvick
- H HAYS
- H Weatherly
- Harden
- Harris Add
- Henry Ross Surv Tract 329 Abs
- Hidden Mdws
- High Point
- High Point At Balcones Add
- HILL CREEK RANCH
- Hill Creek Ranch Ph 1
- Hill Creek Ranch PH 2
- Hill Crk Ranch Ph 1
- Hill Crk Ranch Ph 1 Add
- Hill Crk Ranch Ph I
- Hillsboro Ot
- HILLSBORO RUAL
- Huffines
- Itasca Rural
- J A Caruthers Surv A-148
- J A Hanley Surv Tract 9 Abs 40
- J CAROTHERS
- J Guest A-334 TR 19
- J HANLEY
- j hillburn
- J NEWBY A-680 TR 13
- J Ross
- J.P. Morrison
- Jarrett
- Johns
- JOHNSON
- JP Morrison
- LEON CO SCH LD A-517 #33 TR 414.491 AC
- LEON CO SCH LD A-517 #49 TR 1 90.00 AC
- M HURLEY A-388
- Marshall
- Mc Mullen
- MCMULLIN
- Moore Sub
- Parks
- Pattons Mill Road Add
- QuirkA-747 TR 93C
- R A SKINNER
- R MONTGOMERY A-578 TR 5 LT 16
- R. Montgomery
- Rocky Ridge
- S SHACKELFORD
- Saddle Valley
- Sowell
- Steiner
- Steiner Donation
- Sterling Cross Surv – A
- Stoneridge
- Survey
- T Watson
- THE RANCHES AT HILL CREEK
- Thomas J Irvin
- Tres Vidas
- Valley View #1
- Valley View #4
- W QUIRK
- W QUIRK A-747 TR 5 171.39 AC
- Whispering Meadow
- William Quirk Surv Abs 747
Market Summary
Current real estate data for Single Family in Hillsboro as of Oct 06, 2025
68
Single Family Listed
108
Avg DOM
185
Avg $ / SqFt
$353,369
Avg List Price
Property Summary
- Located in the Parks subdivision, 701 E Elm Street Hillsboro TX is a Single Family for sale in Hillsboro, TX, 76645. It is listed for $199,900 and features 2 beds, 2 baths, and has approximately 1,247 square feet of living space, and was originally constructed in 1945. The current price per square foot is $160. The average price per square foot for Single Family listings in Hillsboro is $185. The average listing price for Single Family in Hillsboro is $353,369. To schedule a showing of MLS#21072727 at 701 E Elm Street in Hillsboro, TX, contact your Aaron Layman Properties agent at 940-209-2100.
701 E Elm Street
Hillsboro, TX