505 State Highway 173, Hondo, TX 78861
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Would you like to sell your home before you purchase this one?
Priced at Only: $435,000
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Address: 505 State Highway 173, Hondo, TX 78861
Property Location and Similar Properties
- MLS#: 1932404 ( Single Residential )
- Street Address: 505 State Highway 173
- Viewed: 30
- Price: $435,000
- Price sqft: $329
- Waterfront: No
- Year Built: 1974
- Bldg sqft: 1322
- Bedrooms: 3
- Total Baths: 2
- Full Baths: 2
- Garage / Parking Spaces: 1
- Days On Market: 110
- Additional Information
- County: MEDINA
- City: Hondo
- Zipcode: 78861
- Subdivision: Lazy Acres
- District: Hondo I.S.D.
- Elementary School: Hondo
- Middle School: Hondo
- High School: Hondo
- Provided by: Galm Real Estate, LLC
- Contact: Kari Menchaca
- (830) 931-0900

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DescriptionIncome producing property featuring five rentable sites situated on approximately 0.89 acres with prime frontage along State Highway 173. The property includes a 3 bedroom, 2 bath site built home (approx. 1,322 SF), a 3 bedroom, 2 bath mobile home (approx. 1,456 SF), and three additional RV/lot rental sites. Currently, all of the five sites are leased, generating immediate cash flow. Three separate electric meters are in place. Each site has sewer clean out access and water hookups. Two water meters serve the property. Corner location provides excellent access from Highway 173 plus a secondary road. Conveniently located with quick access to Highway 90, shopping, and nearby growth corridors. Ideal for investors seeking diversified rental income with strong visibility and long term upside. Buyer to verify income, leases, utilities, and measurements.
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- Principal & Interest -
- Property Tax $
- Home Insurance $
- HOA Fees $
- Monthly -
Features
Building and Construction
- Apprx Age: 52
- Builder Name: Unk
- Construction: Pre-Owned
- Exterior Features: Brick, Siding
- Floor: Other
- Foundation: Slab, Other
- Kitchen Length: 12
- Other Structures: Mobile Home, Other, Outbuilding, RV/Boat Storage, Shed(s)
- Roof: Composition
- Source Sqft: Appsl Dist
Land Information
- Lot Description: Corner, 1/2-1 Acre, Mature Trees (ext feat), Level
- Lot Improvements: Street Paved, Fire Hydrant w/in 500', State Highway, Interstate Hwy - 1 Mile or less
School Information
- Elementary School: Hondo
- High School: Hondo
- Middle School: Hondo
- School District: Hondo I.S.D.
Garage and Parking
- Garage Parking: One Car Garage, Attached
Eco-Communities
- Water/Sewer: Water System, Septic
Utilities
- Air Conditioning: One Central
- Fireplace: Not Applicable
- Heating Fuel: Propane Owned
- Heating: Central
- Utility Supplier Elec: Medina
- Utility Supplier Sewer: Private
- Utility Supplier Water: City
- Window Coverings: None Remain
Amenities
- Neighborhood Amenities: None
Finance and Tax Information
- Days On Market: 108
- Home Owners Association Mandatory: None
- Total Tax: 4783
Rental Information
- Currently Being Leased: Yes
Other Features
- Contract: Exclusive Right To Sell
- Instdir: From HWY 90 take 173 N, Property on left side and sign on property.
- Interior Features: One Living Area, 1st Floor Lvl/No Steps
- Legal Description: Lazy Acres Lot 8 & 9; Label# Tex0510750
- Miscellaneous: Investor Potential, As-Is
- Occupancy: Tenant
- Ph To Show: 830.931.0900
- Possession: Closing/Funding, Current Lease Agreement
- Style: One Story
- Views: 30
Owner Information
- Owner Lrealreb: No


















