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For sale
  • Price cut: $36K (4/29)
    $439,900

    119 E Jackson St, Hugo, OK 74743

    1beds
    3,050sqft
    : 
    $2,706/mo
    Get pre-qualified
    Other
    Built in ----
    0.5 Acres Lot
    $-- Zestimate®
    $144/sqft
    $-- HOA

    What's special

    Premium custom finishes throughoutSpa-inspired master bathEnergy-efficient hvac systemsUpstairs laundryOversized warehouse-style ceiling fanCustom soft-close cabinetryBacklit and heated mirrors
    Fully Restored Historic Mixed-Use InvestmentTrue NNN | 9% Cap Rate | No Deferred MaintenanceLocated in the heart of downtown Hugo, this completely reimagined historic building offers exceptional craftsmanship, modern infrastructure, and stable income - all in one turnkey investment.Annual NNN Income: $44,900 Asking Price: $495,995 Cap Rate: ~9.05%This is not a surface remodel - this is a full systems rebuild with premium custom finishes throughout.Major Capital Improvements Spray Acrylic Roof (rare and highly valuable) All New Electrical Throughout All New Plumbing Throughout Energy-Efficient HVAC Systems R-38 Insulation in Commercial Ceiling All New Low-E Commercial Glass Custom Iron Commercial Entry Door LED Lighting & Custom Antique Ceiling Fans Zero deferred maintenance. Built for long-term performance and efficiency.1,700 SF Commercial Space (Triple Net Leased)Fully renovated professional space with modern systems, energy efficiency, and strong street presence.True NNN structure provides passive income with minimal landlord responsibility.1,350 SF Luxury Loft - A True ShowpieceThe upstairs loft is where historic character meets custom craftsmanship.The centerpiece is a one-of-a-kind live-edge sycamore slab staircase, handcrafted and paired with industrial stainless steel cable railing. The upper landing overlooks the main level below, highlighted by an oversized warehouse-style ceiling fan - creating dramatic vertical space and architectural impact rarely seen in properties of this size.Additional luxury features include: Custom soft-close cabinetry High-end custom tile work throughout Upstairs laundry Expansive primary suite with large walk-in closet Spa-inspired master bath featuring: Oversized soaking tub with chandelier Large walk-in shower with seamless glass enclosure Backlit & heated mirrors This loft is not typical downtown living - it is a designer-quality space built with intention and detail.Investment Highlights Strong 9%+ cap rate True passive NNN income Fully modernized historic structure New foam and spray Acrylic roof High-efficiency upgrades throughout Premium residential component adds long-term upside Location: 2 hours from Dallas Tx, 3 hours from OKlahoma City Ok , 1 hour from Durant Oklahoma, 1 1/2 hour from Sherman/Denison Tx , 1 hour from resort town Hochatown/Brokenbow lake. This property stands apart from typical small-market investments. This property already has a full multi year Medical tenant in place. It offers institutional-level renovation quality combined with stable cash flow and architectural character that cannot be duplicated. Additional properties on same block to build out the whole street downtown. Don't miss out on this unique opportunity to own buildings in a great location in this growing community. Several large industrial project slated for 2026 through 2029 will bring substantial economic development. Financials available upon request. Call for a showing today Mossy Oak Properties/ Oklahoma Ag Rec Land LLC or Email:
    156 days
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    110
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    4
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    Zillow last checked:

    Listed by:

    Michael Daniels,

    Mossy Oak Properties Oklahoma AgRec Land 580-317-3412

    Source: REALSTACK,MLS#: 99331

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 1
      • Bathrooms: 4
      • Full bathrooms: 2
      • 1/2 bathrooms: 2
      Features
      • Has basement: No
      Interior area
      • Total structure area: 3,050
      • Total interior livable area: 3,050 sqft
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      Property

      Lot
      • Size: 0.5 Acres

      Construction

      Type & style
      • Home type: SingleFamily
      • Property subtype: Other

      Community & HOA

      Location
      • Region: Hugo

      Financial & listing details

      • Price per square foot: $144/sqft
      • Date on market: 2/19/2026
      • Lease term: Contact For Details

        Estimated market value

        Not available

        Estimated sales range

        Not available

        Not available

        Price history

        DateEventPrice
        4/29/2026Price change$439,900-7.6%$144/sqft
        Source: REALSTACK #99331 Report a problem
        3/27/2026Price change$475,900-4.1%$156/sqft
        Source: REALSTACK #99331 Report a problem
        2/19/2026Listed for sale$495,995$163/sqft
        Source: REALSTACK #99331 Report a problem

        Public tax history

        Tax history is unavailable.

        Monthly payment

        Est. payment

        Payment breakdown

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        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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        Climate risks

        Neighborhood: 74743

        Getting around

        59 / 100
        Somewhat Walkable
        44 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating

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