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Flex Property with Warehouse Space
For Sale
$198,000

249 E Lake Drive, Hamlin, TX 79520

CommercialSale, Hamlin, TX

Property Size13,320 SF
Lot Size0.97 Acres
Price / SF$14.86
Days on Market31

Property Features for 249 E Lake Drive

General Information

Property type Commercial Sale
Property subtype Other
Zoning description F1 - REAL COMMERCIAL
Parking features Parking Lot, Oversize, Garage, Open
Subdivision Hamlin Townsite Hamlin
Lot features Cleared
Directions On Main Street drive to the main light and then turn right at the light and it's on the right-hand side around the third block in
Standard status Active
APN R17330
Lot size 0.97 Acres

Taxes and HOA fees

Tax Description HAMLIN TOWNSITE HAMLIN BLK 121 LOT 7-12
Tax Annual Amount 4220
Legal Description HAMLIN TOWNSITE HAMLIN BLK 121 LOT 7-12

Utilities

Sewer type Public Sewer
Heating system Natural Gas
Cooling system Window Unit(s), Ceiling Fan(s)
Water source Public

Building Details

Year built 1930
Floors in Building 1
Number of units 2
Flooring type Concrete
Building materials AluminumSiding, Brick
Roof type Metal
Listing Agency: KW SYNERGY* · Keller Williams Realty
Listed By: Priscilla Jaques · License #0654252
Added: Aug 8 Changed: Sep 4 Last Checked: Sep 7 at 8:06PM
MLS# 21354483

Copyright © 2026 North Texas Real Estate Information Systems, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This flex property occupies approximately 0.966 acres and includes about 13,320 sq. ft. across three buildings. The former retail component measures approximately 1,216 sq. ft. and includes a bathroom. A separate 10,304 sq. ft. shop-warehouse provides open work areas, overhead doors, storage, and office space, while an additional 1,800 sq. ft. building expands the available workspace or storage capacity.

The site includes on-site parking with open, oversized, and garage parking features. Public water and public sewer serve the property. Improvements include concrete flooring, metal roofing, aluminum siding and brick construction materials, natural gas heat, and ceiling fan and window-unit cooling. Built in 1930, the property offers a combination of storefront, warehouse, and support-building space for a range of commercial operations.

Key Highlights

  • Approximately 0.966‑acre site with about 13,320 sq. ft. across three buildings
  • 10,304 sq. ft. shop‑warehouse with overhead doors, storage areas, and office space
  • Former 1,216 sq. ft. retail store includes a bathroom

Property Analytics

Current Use

Reed's Service & Repair Auto Repair Shop

Suggested Use

Top Pick Real Estate Agency Dental Office Building Supply Law Firm Auto Parts Store Grocery & Convenience Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

170
Businesses Nearby
Balanced
Demand for This Use

Demographics for 79520, TX

2,169
Population
1,298
Households
1.7
Avg Household Size
42
Median Age
17%
College-Educated
90%
High-School Grad
228.2 sq mi
ZIP Area
10
Density / Sq Mi
$62,390
Median Household Income
$35,370
Median Earnings
$847
Median Rent
$72,700
Median Home Value

Market

Vacancy Rate% for Industrial in South region

6% 2019
6.5% 2020
4% 2021
3.5% 2022
6% 2023
7.6% 2024
7.9% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Flex space - Multiple buildings provide retail, shop, storage, office, and vehicle-oriented commercial space on a nearly one-acre site.
Where is this flex space located?
The property is located at 249 E Lake Drive Hamlin, TX.
What is the asking price?
The asking price for this property is $198,000.
What are key features of this property?
This property features: Approximately 0.966‑acre site with about 13,320 sq. ft. across three buildings; 10,304 sq. ft. shop‑warehouse with overhead doors, storage areas, and office space; Former 1,216 sq. ft. retail store includes a bathroom
More about this property
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