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20959 Hwy 281

Hico, TX 76457

$649,000

3 bd · 2 ba · 6,000 sq ft · 2.93 ac

Bedrooms3
Bathrooms2
Living area6,000 sq ft
Lot size2.93 acres
Year built9999
Stories1
GarageNone listed
TypeSingle-family

What it costs to own

Taxes$4,870 per year
MUDNone listed
HOANone listed
Price per sq ft$108 per sq ft

Taxes shown reflect the current owner's exemptions and may change after purchase.

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.

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.

The details

HeatingCentral, Electric
CoolingCentral Air, Electric, Wall Unit(s), Wall/Window Unit(s)
AppliancesElectric Oven, Electric Range
Interior featuresEat-in Kitchen
Fireplace1 · Wood Burning

Water sourceCity Water
SewerCity Sewer, Septic

Subdivision341 J Hollingsworth

ElementaryHico
Middle schoolHico
High schoolHico
DistrictHico ISD

MLS #21345060
Source
On the market55 days
CountyHamilton

Around this home

One moment…

Everyday life

Nearest groceryLowe's Market · 8.1 mi
Nearest parkHico City Park · 8.3 mi

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Listing courtesy of BLACK REAL ESTATE, LLC — Christi Black.

Robert LewisStephen LewisRobert & StephenInk Realty Group

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Listing data provided by the North Texas Real Estate Information Systems (NTREIS). MLS #21345060. Information last updated September 22, 2026.

Based on information submitted to the MLS as of the date above. All data is obtained from various sources and may not have been verified by the broker or NTREIS. Supplied data is for the viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing.

Ink Realty Group is brokered by eXp Realty.

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