505 State Highway 173
Hondo, TX 78861
3
Bed
2
Bath
1,322Sqft
0.89Acre(Lot)
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. B
Property Details
Map
Map
What's Nearby
Nearby Areas
Features
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Bedroom Information
Total Bedrooms: 3 Master Bedroom Dimensions: 13 x 12 Master Bedroom Width: 12 Master Bedroom: Full Bath Bedroom 2 Dimensions: 10 x 10 Bedroom 3 Dimensions: 11 x 11Bathroom Information
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Kitchen Information
Kitchen Room Dimension: 12 x 13Room Information
Living Room Size: 15 x 16Interior Features
One Living Area,1st Floor Lvl/No Steps -
Flooring Information
OtherHeating & Cooling
Heating: Central Cooling: One Central
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Building Information
Year Built: 1974 Construction: Pre-Owned -
Exterior Features
Privacy Fence,Mature Trees,Other - See RemarksPool Information
Pool Type: None
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Lot Information
Lot Size: 0.892 Main Square Feet: 1,322 -
Property Information
SQ ft: 1,322 Subdivision: LAZY ACRES
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Listing Price Information
Original List Price: $450,000 -
Listing Information
Possession: Closing/Funding,Current Lease Agreement
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Tax Information
Tax Year: 2025 Parcel Number: R68782 Taxes: 4783
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School Information
Elementary School: Hondo Junior High School: Hondo Senior High School: Hondo School District: Hondo I.S.D. -
Fire Place Information
Fire Place:0
How much is this property worth?
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Nearby Home Value
| Address | Estimate | Bed | Bath | Sq. Ft | Lot Size |
|---|---|---|---|---|---|
| 231 Pr 2510, Hondo, TX, 78861 | $899,000 | 5 | 5 | 4,867 | 4,867 SqFt |
| Pvt Rd 2412, Hondo, TX, 78861 | $2,195,000 | 3 | 2 | 4,428 | 4,428 SqFt |
| 374 W County Road 2481, Hondo, TX, 78861 | $949,500 | 3 | 3 | -- | |
| 281 County Road 265, Hondo, TX, 78861 | $529,900 | 3 | 3 | 2,143 | 2,143 SqFt |
| 494 County Road 4638, Hondo, TX, 78861 | $255,000 | 3 | 2 | 1,792 | 1,792 SqFt |
| 6220 Fm 2676, Hondo, TX, 78861 | $675,000 | 3 | 2 | 1,718 | 1,718 SqFt |
| 651 County Road 4647, Hondo, TX, 78861 | $195,000 | 3 | 2 | 1,216 | 1,216 SqFt |
| 224 Private Road 4656, Hondo, TX, 78861 | $239,900 | 3 | 2 | 1,475 | 1,475 SqFt |
| 250 County Road 4631, Hondo, TX, 78861 | $279,900 | 5 | 2 | 2,432 | 2,432 SqFt |
| 3940 Us Highway 90, Hondo, TX, 78861 | $650,000 | 4 | 3 | 2,919 | 2,919 SqFt |
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The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of SABOR MLS. Real estate listings held by brokerage firms other than Byowner are marked with the Broker Reciprocity logo and detailed information about them includes the name of the listing brokers. Information deemed reliable but not guaranteed. Copyright 2026 SABOR MLS. All rights reserved.
ByOwner last updated this listing 06/08/2026 @ 05:45
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