
Status: Active
701 E Elm St
Hillsboro, TX 76645
$199,900
------/mo*
CalculateTurnkey 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!
Read more- Bedrooms
- 2
- Baths
- 2
- House Size
- 1,247 sqft
- Year Built
- 1945
- Lot Size
- 0.18 ac
- School District
- Hillsboro ISD
Location
Market Insights
In the last 30 days, homes for sale in 76645, Hillsboro, TX were on the market for a median of 32 days and 0% of homes sold above list price.

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Start TourInterior Information
- appliances
- Dryer
- Gas Cooktop
- Gas Oven
- Gas Range
- Washer
- features
- Natural Woodwork
- Open Floorplan
- High Speed Internet
Property Information
- other structures
- Residence
- parking
- Covered
- Detached Carport
- No Garage
- sewer
- Public Sewer
- subdivision name
- Parks
- utilities
- Cable Available
- Electricity Connected
- Underground Utilities
- water source
- Public

- Listed By Bryan Redmond
- (214) 448-2203
- Red Realty TX, LLC
- (214) 448-2203
- redrealtytx@gmail.com
- MLS 21072727
Monthly Payments Calculator
Estimated Monthly Cost
$1,420
30 year fixed·6.9% interest rate
- Principal & Interest
- $1,053
- Property Taxes
- $167
- Home Insurance
- $200
- HOA Fees
- $0
*All calculations are estimates and provided for informational purposes only. Actual amounts may vary.