Sirka Real Estate
Back to search

20959 Hwy 281

Hico, TX 76457 · View on map ↓

3Beds
2Baths
6,000Sqft
$649,000
MLS# 21345060

Overview

3 / 2
Bed / Bath / Gar
6,000
Sq Ft
Year Built
2.91 acres
Lot Size
34
CDOM
Single Family
Type

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.

Mortgage Calculator

$
%
20% · $129,800
0%50%
Principal & Interest$3,282(83%)
Property Tax$406(10%)
Homeowner's Insurance (est.)$270(7%)
Est. Monthly Payment$3,958/mo
Est. Monthly$3,958

Estimate only — contact a lender for actual rates and terms.

Rooms

Primary Bedroom
0 x 0 / 1
Primary Bathroom
0 x 0 / 1
Living Room
0 x 0 / 1
Appliances
Electric Oven, Electric Range
Interior Features
Eat In Kitchen
Fireplaces
1 · Wood Burning
Heating
Central, Electric
Cooling
Central Air, Electric, Wall Units, Wall Window Units
Utilities
Sewer Available, Septic Available, Water Available
Architectural Style
Detached
Pool
None
Levels
One
Stories
1
Carport Spaces
5
Covered Spaces
5

Schools

Elementary
Hico (Hico ISD)
Middle
Hico (Hico ISD)
High
Hico (Hico ISD)

Price & Status History

DateEventPrice
7/29/2026Listed for sale
Source: NTREIS #21345060
$649,000

Nearby Properties

Listed by Christi Black · BLACK REAL ESTATE, LLC
Source: NTREIS · MLS#: 21345060

Information deemed reliable but not guaranteed. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange (IDX) program of NTREIS. Real estate listings held by brokerage firms other than Sirka.com are marked with the IDX logo and detailed information about them includes the name of the listing brokers.

© 2026 North Texas Real Estate Information Systems, Inc. All Rights Reserved.

3bed
2bath
$649,000
Call
Sirka Real Estate
Call Now

By submitting this form I agree to the Terms and Conditions.