505 State Highway 173, Hondo, TX 78861

Hondo
Local realty services provided by:ERA Brokers Consolidated
505 State Highway 173,Hondo, TX 78861
$419,900
  • 3 Beds
  • 2 Baths
  • 1,322 sq. ft.
  • Single family
  • Active
Listed by: kari menchaca
Office: galm real estate, llc.
MLS#:1932404
Source:LERA

Price summary

  • Price:$419,900
  • Price per sq. ft.:$317.62

About this home

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...

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Home facts

  • Year built:1974
  • Subdivision & Development:LAZY ACRES
  • Listing ID #:1932404
  • Added:271 day(s) ago
  • Updated:October 07, 2026 at 01:59 PM

Rooms and interior

  • Bedrooms:3
  • Total bathrooms:2
  • Full bathrooms:2
  • Bathrooms Description:Tub/Shower Combo
  • Bedroom Description:Full Bath
  • Living area:1,322 sq. ft.

Heating and cooling

  • Cooling:One Central
  • Heating:Central, Propane Owned

Structure and exterior

  • Roof:Composition
  • Year built:1974
  • Building area:1,322 sq. ft.
  • Lot area:0.89 Acres
  • Lot Features:1/2-1 Acre, Corner, Level
  • Architectural Style:One Story
  • Construction Materials:Brick, Siding
  • Exterior Features:Mature Trees, Privacy Fence
  • Foundation Description:Slab
  • Levels:1 Story

Schools

  • High school:Hondo
  • Middle school:Hondo
  • Elementary school:Hondo

Utilities

  • Water:Water System
  • Sewer:Septic

Finances and disclosures

  • Price:$419,900
  • Price per sq. ft.:$317.62
  • Tax amount:$4,783 (2025)

Features and amenities

  • Laundry features:Dryer Connection, Washer Connection

Parking

  • Parking description:Attached Garage, One Car Garage
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