505 State Highway 173, Hondo, TX 78861

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505 State Highway 173,Hondo, TX 78861
$450,000
  • 3 Beds
  • 2 Baths
  • 1,322 sq. ft.
  • Single family
  • Active
Listed by: kari menchaca(830) 931-0900, kari@galmrealestate.net
Office: galm real estate, llc.
MLS#:1932404
Source:SABOR

Price summary

  • Price:$450,000
  • Price per sq. ft.:$340.39

About this home

Income-Producing Property! Excellent investment opportunity featuring five income-producing sites situated on a .89 +- acre tract. Currently, four of the five units are rented, providing immediate cash flow with additional income potential. Improvements include a 3-bedroom, 2-bath site-built home 1,322 sq ft with carport, three RV lots, and a 1,456 sq ft, 3-bedroom, 2-bath mobile home that is currently available for rent. Seller is actively working to lease the vacant unit. Corner lot with excellent access, featuring direct frontage and access off Highway 173, plus secondary access from a side road. 3 Electric Meters on Site. Each site has sewer clean-out and water hookup. The property is serviced by two water meters for the lots. Current monthly income: $2,480. Projected monthly income: $3,680 once fully occupied. Conveniently located off Highway 173 North, with quick access to Highway 90, grocery stores, and nearby growth corridors.

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Home facts

  • Year built:1974
  • Listing ID #:1932404
  • Added:1 day(s) ago
  • Updated:January 09, 2026 at 12:27 AM

Rooms and interior

  • Bedrooms:3
  • Total bathrooms:2
  • Full bathrooms:2
  • 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

Schools

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

Utilities

  • Water:Water System
  • Sewer:Septic

Finances and disclosures

  • Price:$450,000
  • Price per sq. ft.:$340.39
  • Tax amount:$4,783 (2025)
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