20959 Hwy 281, Hico, TX 76457

$649,000
  • 20959 Hwy 281, Hico, TX 76457 Main Photo

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New to the Market Active
BEDS3 BATHS2 full SQUARE FEET3,656 MLS#21345060
STATUSActive PROPERTY TYPEResidential - Single Family SCHOOLHico ISD

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 1,300+ 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.

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 3656 sq. ft. Hwy 281 is located within the Hico ISD school district. Search Hico real estate on shelbymilam.kellyrealtors.com today.

Property Features

Property Type: Residential - Single Family
Cooling: Central Air, Electric, Wall Unit(s), Wall/Window Unit
Fireplaces: 1
Heating: Central, Electric
Lot Size: 2.91 Acres
Year Built: 9999

Amenities

Eat-in Kitchen

Feature Descriptions

Accessibility: Accessible Bath - Full
Appliances: Electric Oven, Electric Range
Fireplace: Wood Burning
Parcel#: R19882
Parking: Attached Carport, Carport
Parking Notes: Attached Carport, Carport
Utilities: City Sewer, City Water, Septic

Local Schools

Elementary School: Hico
School District: Hico ISD

Listed By / Shown By

Listed By

Agency Name: BLACK REAL ESTATE, LLC
Agency Contact: (254) 796-4178
Agent Name: Christi Black

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Shown By

Agent Name: Shelby Milam
Agent Phone: (254) 366-9606
Agency Title: Kelly, Realtors

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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 Insurance

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