20959 Hwy 281, Hico, TX 76457
- $649,000
- 3
- BD
- 2
- BA
- 2,318
- SqFt
- List Price
- $649,000
- MLS#
- 21345060
- Status
- ACTIVE
- Type
- Single Family Residential
- Subtype
- Residential
- Style
- Detached
- Bedrooms
- 3
- Full Baths
- 2
- Acres
- 2.91
- Living Area
- 2,318
- County
- Hamilton
- City
- Hico
- Subdivision
- 341 J Hollingsworth
- Number of Stories
- 1
- Architecture Style
- Detached
Property Description
Exceptional mixed-use investment opportunity with outstanding Highway 281 frontage in Hico! This versatile property offers both residential rental income and a large commercial shop space with unlimited potential. The 4,300+ square-foot metal shop building was formerly used as a dog and animal boarding facility and features extensive covered outdoor kennel areas, multiple separate rooms, and a flexible layout that can be adapted to fit a wide variety of business needs. Whether you envision a workshop, contractor headquarters, warehouse, retail space, office space, storage facility, manufacturing, or another commercial venture, the possibilities are endless. The shop is currently vacant, allowing the new owner to customize it to suit their needs. Adjacent to the shop is an approximately 2,300-square-foot, 3-bedroom, 2-bath home with a beautifully maintained yard. The residence is currently leased through September 2027, generating $1,800 per month in rental income and providing immediate cash flow. Located directly on Highway 281, this property offers excellent visibility, easy access, and incredible flexibility for both residential and commercial use. Whether you’re looking to expand your business, generate rental income, or invest in a property with endless possibilities, this is a rare opportunity you won’t want to miss.
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Additional Information
- Unexempt Taxes
- $4,870
- Amenities
- Fireplace
- Lot Size
- 126,759
- Acres
- 2.91
- Interior Features
- Eat-In Kitchen
- Stories
- 1
- Pool Features
- None
- Fireplaces
- 1
- Fireplace Type
- Wood Burning
- Carport Spaces
- 5
- Parking Garage
- Attached, Carport
- School District
- Hico Isd
- Elementary School
- Hico
- Middle School
- Hico
- High School
- Hico
- Possession
- CloseOfEscrow
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Listing courtesy of Christi Black from BLACK REAL ESTATE, LLC. Contact: (254) 796-4178