




$198,000
249 E Lake Dr, Hamlin, TX, 79520
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About this property
A rare opportunity to own a cherished part of the community! Long known as Reed’s Farm Store, this remarkable property has served the area for years and is ready for its next chapter. Situated on almost an acre, the property offers approximately 13,320 sq. ft. of combined building space along with ample on-site parking. The former retail store features approximately 1,216 sq. ft. with a bathroom, preserving the character and charm of this longtime local business. An impressive 10,304 sq. ft. shop-warehouse offers expansive open space with overhead doors, storage areas and office space, providing functionality for a variety of business needs. An additional 1,800 sq. ft. building adds even more versatility and potential for storage, workspace or other uses. The generous parking and open areas provide room for customers, employees, equipment, trailers or business vehicles. With its recognizable storefront, substantial warehouse space, multiple structures and existing improvements, this unique property offers endless possibilities for an entrepreneur, investor or business owner. Whether your vision includes retail, warehouse operations, equipment storage, office space, a service-based business or redevelopment, this property provides the space and flexibility to bring that vision to life. Bring your ideas and continue the legacy of this special property!
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Learn About the Market: Opportunity in Texas




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Texas
Living in Texas means access to four of the nation’s most dynamic metro economies — Dallas–Fort Worth’s corporate and logistics powerhouse, Houston’s global energy and medical hub, Austin’s tech-driven and culturally iconic Live Music Capital of the World, and San Antonio’s historic yet steadily expanding military and healthcare center. The state blends economic scale with cultural significance, rooted in independence, entrepreneurship, and a strong sense of place — from Friday night football to world-renowned barbecue and music festivals. For homebuyers, Texas offers comparatively attainable housing, no personal income tax, and master-planned communities built around space and convenience; for investors, continued population growth, business relocation, and diversified industries create sustained demand across urban cores, suburbs, and emerging secondary markets.
Population Growth
~1.3% annually
Net Migration
Positive
Median Home Price
$283,800
Unemployment Rate
4.3%
Price Trend
Flat
New Permits
158,121
City: Hamlin
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