505 State Highway 173
Hondo, TX 78861
3
Bed
2
Bath
1,322Sqft
0.89Acre(Lot)
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 Stat
Property Details
Map
Map
What's Nearby
Nearby Areas
Features
-
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
-
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
-
Building Information
Year Built: 1974 Construction: Pre-Owned -
Exterior Features
Privacy Fence,Mature Trees,Other - See RemarksPool Information
Pool Type: None
-
Lot Information
Lot Size: 0.892 Main Square Feet: 1,322 -
Property Information
SQ ft: 1,322 Subdivision: LAZY ACRES
-
Listing Price Information
Original List Price: $450,000 -
Listing Information
Possession: Closing/Funding,Current Lease Agreement
-
Tax Information
Tax Year: 2025 Parcel Number: R68782 Taxes: 4783
-
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?
Curious about this home's true market value? Use our free Home Evaluation Tool to instantly get a personalized Comparative Market Analysis (CMA) report. Make smarter, data-driven decisions before you buy.
Nearby Home Value
| Address | Estimate | Bed | Bath | Sq. Ft | Lot Size |
|---|---|---|---|---|---|
| 231 Pr 2510, Hondo, TX, 78861 | $899,000 | 5 | 5 | 4,867 | 20.20 Acres |
| Pvt Rd 2412, Hondo, TX, 78861 | $2,195,000 | 3 | 2 | 4,428 | 200 Acres |
| 374 W County Road 2481, Hondo, TX, 78861 | $929,500 | 3 | 3 | 2,773 | 18.18 Acres |
| 6220 Fm 2676, Hondo, TX, 78861 | $675,000 | 3 | 2 | 1,718 | 16.67 Acres |
| 609 County Road 4647, Hondo, TX, 78861 | $279,000 | 3 | 2 | 1,404 | 1.54 Acres |
| 224 Private Road 4656, Hondo, TX, 78861 | $239,900 | 3 | 2 | 1,475 | 1.01 Acre |
| 283 Pr 4653, Hondo, TX, 78861 | $235,000 | 3 | 2 | 1,672 | 1.04 Acres |
| 471 County Road 467, Hondo, TX, 78861 | $485,000 | 4 | 3 | 2,442 | 10.10 Acres |
| 188 County Road 4643, Hondo, TX, 78861 | $249,000 | 3 | 2 | 1,296 | 1 Acre |
| 3940 Us Highway 90, Hondo, TX, 78861 | $645,000 | 4 | 3 | 2,919 | 12.56 Acres |
Similar Homes To 505 State Highway 173
Nearby For Sale
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 09/08/2026 @ 01:39
More Cities with for Sale by Owner Homes
- Hondo Homes For Sale By Owner
- Castroville Homes For Sale By Owner
- Yancey Homes For Sale By Owner
- Rio Medina Homes For Sale By Owner
- Devine Homes For Sale By Owner
- Natalia Homes For Sale By Owner
- Lakehills Homes For Sale By Owner
- Mico Homes For Sale By Owner
- Lytle Homes For Sale By Owner
- Tarpley Homes For Sale By Owner
- Sabinal Homes For Sale By Owner
- Atascosa Homes For Sale By Owner
- Pipe Creek Homes For Sale By Owner
- Bigfoot Homes For Sale By Owner
- Bandera Homes For Sale By Owner
- Moore Homes For Sale By Owner
- Somerset Homes For Sale By Owner
- Helotes Homes For Sale By Owner
- Von Ormy Homes For Sale By Owner
- Utopia Homes For Sale By Owner
Homes around $419,900
Verify Your Email
Please enter the 6-digit verification code
sent to your email address.
Verify Your Phone Number
Please enter the 6-digit verification code
sent to your mobile phone.