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(830) 402-6018
Real Estate Company
505 State Highway 173, Hondo, TX 78861
- $419,900
- 3
- BD
- 2
- BA
- 1,322
- SqFt
- List Price
- $419,900
- Status
- ACTIVE
- MLS#
- 1932404
- Price Change
- ▼ $15,100 1788223669
- Bedrooms
- 3
- Bathrooms
- 2
- Living Area
- 1,322
- Lot Size
- 38,855
Property Description
Rare opportunity to acquire a fully leased, income-producing investment property featuring five separate rental sites on approximately 0.89 acres with outstanding frontage along State Highway 173 in Hondo, Texas. Fully rented and immediate cash flow from day one, this property offers the diversified income stream investors are looking for. The property includes a 1,322 square foot, 3-bedroom, 2-bath site-built home, a 1,456 square foot, 3-bedroom, 2-bath manufactured home, and three additional leased RV/lot rental sites, creating multiple sources of rental income on one property. Infrastructure is already in place with three electric meters, two water meters, sewer clean-outs, and water hookups serving the individual rental sites. Positioned on a highly visible corner with frontage on State Highway 173 and secondary road access, the property provides excellent accessibility while remaining just minutes from Highway 90, shopping, schools, restaurants, and the continued growth of the Hondo area. Whether you're expanding your investment portfolio, completing a 1031 exchange, or seeking a property with immediate cash flow and future appreciation potential, this is an opportunity that is difficult to replicate.
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Additional Information
- Exterior Features
- Privacy Fence, Mature Trees, Other - See Remarks
- Fireplace Description
- Not Applicable
- Interior Features
- Washer Connection, Dryer Connection
- Roof
- Composition
- Construction
- Pre-Owned
- School District
- Hondo I.S.D.
- Elementary School
- Hondo
- High School
- Hondo
- Middle School
- Hondo
- Stories
- 1
- Street Name
- State Highway 173
- Street Number
- 505
- Acres
- 0.89
- County
- Medina
- Floor
- Other
- Foundation
- Slab, Other
- Heating
- Central
- Lot Description
- Corner, 1/2-1 Acre, Mature Trees (ext feat), Level
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Listing courtesy of Listing Agent: Kari Menchaca (kari@galmrealestate.net) from Listing Office: Galm Real Estate, LLC.
IDX information is provided exclusively for consumers' personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the MLS. The MLS may, at its discretion, require use of other disclaimers as necessary to protect participants and/or the MLS from liability. 
Listings provided by LERA MLS