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.
Listed By
Agency Name: BLACK REAL ESTATE, LLC
Agency Contact: (254) 796-4178
Agent Name: Christi Black
Shown By
Agent Name: Tracy Bentley
Agent Phone: (214) 769-2870
Agency Title: Kelly, Realtors
Estimated Payment
$ 1,633.68 per month $1,444.39 Principal & Interest $0.00 Property Tax (data not provided by mls) $189.29 Homeowner's InsuranceIf the email address was found in our system, your password has been sent. Please check your inbox.
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20959 Hwy 281 | MLS# 21345060
This single family home located at 20959 Hwy 281 , Hico, TX 76457 is currently listed for sale with an asking price of $649,000. This property was built in 9999 and has 3 bedrooms and 2 full baths with 2318 sq. ft. Hwy 281 is located within the Hico ISD school district. Search Hico real estate on tracybentley.kellyrealtors.com today.