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$649,000

20959 Hwy 281, Hico, TX 76457

3 bd 2 ba 6,000 sq ft House

Price / sq ft$108
Lot2.93 acres
Stories1
HeatingCentral, Electric
CoolingCentral Air, Electric, Wall Units, Wall Window Units
SchoolsHico ISD
ElementaryHico
Subdivision341 J Hollingsworth
MLS #21345060

About this home

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 3,750+- 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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Features

  • Inside: Eat In Kitchen
  • Appliances: Electric Oven, Electric Range
  • Parking: Attached Carport, Carport

Where it is

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Listing information comes from the North Texas Real Estate Information Systems (NTREIS) IDX program and is deemed reliable but not guaranteed. Price and status can change; the listing agent has the latest.