Listed By:
BLACK REAL ESTATE, LLC
Address
20959 Hwy 281, Hico, TX
Price
$ 649,000
Property Attributes
  • MLS#21345060
  • TypeSingle Family
  • Listing Status Active
  • CountyHAMILTON
  • CityHico
  • Neighborhood341 J Hollingsworth
  • Zip76457
  • StyleSingle Family Residence
  • Taxes$ 4870
  • Price$ 649,000
  • Bedrooms3
  • Full Bathrooms2
  • Half Bathrooms0
  • Sqr Footage6000
  • Lot Size2.91 Acres
Data Source:
North Texas Real Estate Info Systems (NTREIS)
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 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.

Elementary School
Hico Elementary School
Price History
7/29/2026 Listed $649,000

General Features

Heating Central,Electric
Cooling Central Air,Electric,Wall Unit(s),Wall/Window Unit(s)
Utilities City Sewer,City Water,Septic
Possession Closing/Funding
Appliances Electric Oven,Electric Range
School District Hico ISD
Year Built 9999
Levels One
Unexempt Taxes 4870
Will Subdivide No
Property Subtype Single Family Residence
Subdivision Name 341 J Hollingsworth
Accessibility Features Accessible Bath - Full
Transaction Type For Sale
Carport Spaces 5
County Hamilton
Property Type Residential
HOA Type None
Full Baths 2
Status Active
Directions 20959 N HWY 281 Hico,TX 76457
City Hico
Elementary School Name Hico
High School Hico
Elementary School Hico
Virtual Tour URL Unbranded https://www.propertypanorama.com/instaview/ntreis/21345060
Standard Status Active
Junior High School Hico

Interior Features

Interior Features Eat-in Kitchen
Fireplace Features Wood Burning
Fireplaces Total 1
Dining Areas 1
Living Areas 1
Room Count 3
Lock Box Type Other
Total Bedrooms 3
Total Baths 2

Exterior Features

Parking Features Attached Carport,Carport
Lot Size 1 to < 3 Acres
Covered Spaces 5
Lot Size Area 2.9100
Lot Size Units Acres
Structural Style Single Detached
Lot Size Square Feet 126759.6000
Lot Size Acres 2.9100

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Single Family Average in 76457

Price
AVG $710K
$650K
Taxes
AVG $4,319
$4,870
Visits
AVG 32
4
Data Provided by Inside Real Estate®

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