20959 Hwy 281
Hico, TX, 76457
$
649,000
Bedrooms3
Baths2.0
Sq
3,656
Monthly Estimate*
$
4,098
for $649,000 with 3 bedrooms and 2 full baths. This 3,656 square foot home was built on a lot size of 2.91.
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.
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Features
Interior
Interior Features
Eat-in Kitchen
Basement Y/N
0
Dining Areas
1
Living Areas
1
Half Baths
0
Total Bedrooms
3
Total Baths
2
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General
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
Pool Y/N
0
Year Built
9999
Levels
One
Property Subtype
Single Family Residence
Subdivision Name
341 J Hollingsworth
Accessibility Features
Accessible Bath - Full
Transaction Type
For Sale
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
Standard Status
Active
Junior High School
Hico
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Exterior
Waterfront
0
Parking Features
Attached Carport
Carport
Lot Size
1 to < 3 Acres
Structural Style
Single Detached
Garage Y/N
0
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* Excluded Features
List By
Christi Black
Listing Agent
Black Real Estate, Llc
Broker
Affordability Calculator
- Monthly Principal & Interest
- $4,098
- Monthly Property Taxes
- $406
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
Learn more about how to save
Nearby
Single family listings in Hico, TX
Average List Price
$772,043
Percent of Sale Price
19%
About Hico, TX
1,360
Population
4%
Since 2002
$
32,926
Median Income
38.7
Median Age
24%
Households with Children
Trends Information provided by ATTOM Data Solutions.
287328
Elementary School
3678366
Middle School
Pricing History
| Date |
Price |
Price Change |
Description |
|
7/29/2026
|
$649,000
|
|
Listed Price
|