← All homes

208 Church Street

Hillsboro, TX 76645

$1,395,000

20 units · 1984

Units20
Building area15,250 sq ft
Year built1984
Gross income$165,584/yr
Cap rate8.19% as listed
Parking31 spaces
Lot size0.653 acres
TypeResidential Income

What it costs to own

Taxes$10,628 per year
HOANone listed
Operating expenses$51,291 per year — as listed
Insurance$16,298 per year — as listed
Net operating income$114,293 per year — as listed

Taxes shown reflect the current owner's exemptions and may change after purchase.

About this home

The Hillsboro Oaks Apartments are located in downtown Hillsboro, TX just two city blocks from the Hill County courthouse with easy access to I-35, and less than a 1 hour drive from Fort Worth. Acquisition of this 20 unit apartment complex presents a value add opportunity for multi family investors. Consisting of 16 units with 2 bed, 1 bath & 4 units with 2 bed, 1.5 baths with unit size ranging from approx. 750-1,000 SqFt. Most units renovated since 2021 with new higher grade materials, upgraded mechanical systems & features. Capital improvements including new carpet, countertops, paint, LVP flooring, appliances, HVAC units, resurfaced parking lot & new metal roofing and siding. Currently 90% occupied as of Aug. 2026. Please contact listing agent for rent roll & expenses and scheduling showings.

The details

HeatingElectric
CoolingCeiling Fan(s), Central Air, Electric
FlooringLuxury Vinyl Plank
AppliancesDishwasher, Electric Cooktop, Electric Oven, Electric Range, Refrigerator
Interior featuresCable TV Available, Open Floorplan

Construction materialsFrame, Metal Siding, Wood
RoofMetal
FoundationPillar/Post/Pier

Water sourceCity Water, Master Water Meter
SewerCity Sewer
ElectricElectricity Connected
UtilitiesCable Available, Phone Available

SubdivisionHarden

ElementaryHillsboro
Middle schoolHillsboro
High schoolHillsboro
DistrictHillsboro ISD

Gross income$165,584 per year
Operating expenses$51,291 per year
Operating includesInsurance, Legal, Maintenance, Maintenance Grounds, Maintenance Structure, Manager, Professional Management, Security, Trash, Utilities, Water/Sewer
Insurance$16,298 per year
Cap rate8.19% — as listed
Net operating income$114,293 per year

MLS #21273072
Source
On the market101 days
CountyHill

Around this home

One moment…

Everyday life

Nearest groceryBrookshire's · 0.3 mi
Nearest parkHillsboro City Park · 0.4 mi

Your places stay on this device. We never sell or share them. Read the full privacy policy

Place directory © OpenStreetMap contributors.

Listing courtesy of Compass RE Texas, LLC — Michael Karol.

Robert LewisStephen LewisRobert & StephenInk Realty Group

Want the full story on this home?

What a listing cannot tell you: the street, the timing, the leverage. That is our work.

Ask about 208 Church Street Text Robert & Stephen

Listing data provided by the North Texas Real Estate Information Systems (NTREIS). MLS #21273072. Information last updated August 24, 2026.

Based on information submitted to the MLS as of the date above. All data is obtained from various sources and may not have been verified by the broker or NTREIS. Supplied data is for the viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing.

Ink Realty Group is brokered by eXp Realty.

Scroll to Top