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103 S Pecan StreetHico, TX 76457Price: $2,800,000

  • Price: $2,800,000
  • 9 Days on Market
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Federal 30-year interest rate: 6.49% last updated on Jul 9, 2026
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.
  • $2,800,000List Price
  • 0.2Acreage
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Historic Charm Meets Prime Commercial Opportunity! Located on a prominent corner in the Heart of Hico, the iconic *Midland Hotel and Chophouse* is ready for its next chapter. Originally constructed in 1896 and completely restored in 2016-18, this landmark property boasts incredible visibility, historic architectural character, and immense potential for a boutique hotel, premier dining destination, or a multi-use commercial venture. The Hotel and Restaurant-Bar have been in operation since the opening in 2018 and have built a strong reputation and clientele for great food, inviting atmosphere, quality service and hospitality, featuring clean, spacious, comfortable rooms. Situated on the northeast corner of N Pecan St and E 1st St, it offers excellent foot traffic and a commanding street presence. Conveniently located between the DFW Metroplex and Texas Hill Country, Hico has been attracting weekend travelers for the past several years and the Hico Economic Development Corporation along with local investors and developers are well on the way to completely revitalizing the downtown area. Bring your vision to this legendary piece of local history and Turnkey Operation with established branding and an active revenue stream. NOW is your Golden Opportunity to invest in Hico, Texas!!! Included in Sale: *Real Estate (land and building) *All guest room furnishings, restaurant and lobby decor, furniture and fixtures *Complete commercial kitchen and bar (turnkey physical setup) Excluded from Sale: *Current tenant's business entity, personal equipment, software, operational goodwill and customer data *All proprietary recipes, menus and culinary intellectual property *Advertising and social media accounts
Listing Courtesy of Brad Harrison of Clark Real Estate Group ((817) 458-0402)

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Based on information submitted to North Texas Real Estate Information Services as of July 16, 2026 7:30 AM UTC. All data is deemed reliable but is not guaranteed accurate by the MLS. All information should be independently reviewed and verified for accuracy. IDX information is provided exclusively for consumers’ personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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By clicking ‘Submit,’ you consent to receive marketing and informational communications from Briggs Freeman Sotheby’s International Realty and its affiliates, Momentous Title and Select Lending Services at the phone number and email address you provided. These communications may include text messages, phone calls (including those made using automated dialing systems or prerecorded messages), and emails related to Real Estate. Consent is not a condition of any purchase. Standard message and data rates may apply. You may opt out of receiving communications at any time by replying ‘STOP’ to text messages, clicking ‘Unsubscribe’ in emails, or contacting Briggs Freeman Sotheby’s International Realty at 214-350-0400 or donotcall@briggsfreeman.com For more information about how your data is used and stored, please refer to our privacy policy., and SMS Terms and Conditions on our website. I agree to the above terms and consent to receive communications as described.

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