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Multi-Building Flex Space
New
For Sale
$198,000

249 E Lake Drive, Hamlin, TX 79520

COMMERCIAL - Hamlin, TX

Property Size13,320 SF
Lot Size0.97 Acres
Price / SF$14.86
Days on Market4

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, Open, Garage, Oversize
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 Ceiling Fan(s), Window Unit(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 Last Checked: Aug 11 at 7:06PM
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 multi-building flex property at 249 E Lake Drive includes approximately 13,320 sq. ft. of combined improvements on 0.966 acres. The site features a 1,216 sq. ft. former retail building with a bathroom, a 10,304 sq. ft. shop-warehouse with overhead doors, storage areas, and office space, plus an additional 1,800 sq. ft. building. Open areas and on-site parking accommodate customers, employees, equipment, trailers, or business vehicles.

Built in 1930, the property has concrete flooring, a metal roof, aluminum siding and brick construction materials, natural gas heat, window-unit and ceiling-fan cooling, public water, and public sewer. Its mix of storefront, warehouse, office, and secondary building space supports the varied commercial configurations identified for the property.

Key Highlights

  • Approximately 13,320 sq. ft. of combined building space
  • 0.966 acres with on‑site parking and open areas
  • 10,304 sq. ft. shop‑warehouse with overhead doors, storage, and office space

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 Office in South region

14.4% 2019
16.4% 2020
17.3% 2021
18% 2022
18.6% 2023
20.3% 2024
20.2% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Flex space - Multiple buildings combine storefront, warehouse, office, and open parking areas for varied commercial operations.
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 13,320 sq. ft. of combined building space; 0.966 acres with on‑site parking and open areas; 10,304 sq. ft. shop‑warehouse with overhead doors, storage, and office space
More about this property
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