505 State Highway 173 Hondo, TX 78861

3 Beds
2 Baths
1,322 Sqft
38,855 Sqft lot
0.89 Acre lot
$435,000 Est. $1,602 / mo.*
Status: Active
Property Type: Single Family Detached
Year Built: 1974
Neighborhood: Lazy Acres
Days on Website: 180

Courtesy of Galm Real Estate, LLC, Kari Menchaca {attribution_contact}

Description

Income-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.

Open House

Property Details and Features

  • Listing date: 2026-01-08 06:00:00
  • 180 cumulative days on market
  • 180 days on market
  • Currently being leased
  • Price per square foot: $329
  • 3 bedrooms
  • 2 total bathrooms
  • 2 full bathrooms
  • Tub/Shower Combo
  • County: Medina
  • Area: 3000
  • Subdivision: LAZY ACRES
  • Built in 1974
  • Approximate age: 52 years
  • Construction: Pre-Owned
  • Builder: Unk
  • 1,322 square feet
  • 1 story
  • One Story
  • Privacy Fence
  • Mature Trees
  • Other - See Remarks
  • Brick
  • Siding
  • One Living Area
  • 1st Floor Lvl/No Steps
  • None Remain
  • Composition
  • Other
  • Slab
  • Other
  • Not Applicable
  • Lot size: 0.892
  • Corner
  • 1/2-1 Acre
  • Mature Trees (ext feat)
  • Level
  • Street Paved
  • Fire Hydrant w/in 500'
  • State Highway
  • Interstate Hwy - 1 Mile or less
  • None
  • Kitchen length: 12 feet
  • Kitchen width: 13 feet
  • Living room length: 15 feet
  • Living room width: 16 feet
  • Full Bath
  • Master bedroom length: 13 feet
  • Master bedroom width: 12 feet
  • Bedroom 2 length: 10 feet
  • Bedroom 2 width: 10 feet
  • Bedroom 3 length: 11 feet
  • Bedroom 3 width: 11 feet
  • One Car Garage
  • Attached
  • None
  • School district: Hondo I.s.d.
  • Elementary school: Hondo
  • Middle school: Hondo
  • High school: Hondo
  • Propane Owned
  • Central
  • One Central
  • Water System
  • Septic
  • Electric utility supplier: Medina
  • Water utility supplier: City
  • Sewer utility supplier: Private
  • Tax year: 2025
  • Total tax amount: $4,783
  • Washer Connection
  • Dryer Connection
  • Investor Potential
  • As-Is