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Christopher Damm
Christopher Damm
(210) 284-0716trefchris@gmail.com
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    LERA MLS

    Information provided Courtesy of LERA MLS - Local Expertise Regional Access. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is believed to be accurate but not guaranteed. Provided courtesy of the San Antonio Board of Realtors. Copyright 2025 LERA MLS, All Rights Reserved.

    $450,000
    For Sale

    505 State Highway 173

    Hondo, TX 78861
    1322 sqft | 3 beds | 2 baths | 0.89 acres | #1932404
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    17 photos
    Type:Purchase
    Structure:House
    Zone:Residential

    Description

    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.

    • Property Details
        • Property SubtypeSingle Family Detached
        • School DistrictHondo I.S.D.
        • SubdivisionLAZY ACRES
        • StyleOne Story
        • Property TypePurchase
        • MLS #1932404
        • MLS #1932404
        • Cost450000
        • Acres0.892
        • Elementary SchoolHondo
        • Middle SchoolHondo
        • High SchoolHondo
        • Square Feet1322
        • Year Built1974
        • Bathrooms2.0
        • Bedrooms3
        • Full Baths2

    Location

    Legal

    Information provided Courtesy of LERA MLS - Local Expertise Regional Access. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is believed to be accurate but not guaranteed. Provided courtesy of the San Antonio Board of Realtors. Copyright 2025 LERA MLS, All Rights Reserved.

    Last Updated: Today at 9:15 AM. Source: LERAMLS

    Provided By
    Listing Agent: Kari Menchaca (#29229), Phone: (830) 931-0900, Email: kari@galmrealestate.net
    Listing Office: Galm Real Estate, LLC (#GALR00)

    Christopher DammReal Estate Group
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