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Active

$649,000

  • 3 beds
  • 2 baths
  • 6,000 sq ft
  • 2.93 acre lot

20959 Hwy 281

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Listing data updated

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.

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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.

Bedrooms
3
Bathrooms
2
Living area
6,000 sq ft
Lot size
2.93 acres
Property type
SingleFamilyResidence
Status
Active
MLS number
21345060

Listing courtesy of BLACK REAL ESTATE, LLC

Office phone (254) 796-4178

Estimated monthly cost

Estimated payment based on the assumptions shown. It is not a quote, an approval or a rate offer.

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Location

Facts and features

Interior

Bedrooms
3
Bathrooms
2
Living area
6,000 sq ft

Lot

Lot size
2.93 acres

Building

Property type
SingleFamilyResidence

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Listing courtesy of BLACK REAL ESTATE, LLC. Information provided by NTREIS

Information is deemed reliable but not guaranteed.

Listing data updated