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About the Listing BLK00SV - 0491677
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.
Listing Highlights
Interior Details
- Bedrooms: 3
- Bathrooms: 2 Full
- Appliances: Electric Oven, Electric Range
- Air Cond: Central Air,Electric,Wall Unit(s),Wall/Window Unit(s)
- Heating: Central,Electric
- Fireplaces: 1, Wood Burning
- Floor:
- Above Ground Sq Ft:
- Below Ground Sq Ft: n/a
- Basement:
- Other: Eat-in Kitchen,Master on Main
- Water:
Exterior Details
- Lot Description: 1 to < 3 Acres
- Garage Capacity: N/A
- Roof:
- Others:
- Sewer:
- Parking Features: Attached Carport,Carport
Financial Details
- Tax Amount: $4,870
- Taxes w/Assessments: N/A
- Tax/Property ID: R19882
- Tax Year: N/A
Payment Calculator
Monthly Payment
- in Principal and Interest
- in Taxes
Questions About..
20959 Hwy 281 Hico, TX 76457
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