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505 State Highway 173

Hondo, TX 78861
  • $435,000
  • STATUS: Price Change
  • ON SITE: 56 Days
  • MLS #: 1932404
Price Reduced
UPDATED: 43 min ago
$435,000
  • 3
    BEDS
  • 0.89
    ACRES
  • 2
    BATHS
  • 0
    1/2 BATHS
  • 1,322
    SQFT
  • $329
    $/SQFT
Neighborhood:
Type:
Single-Family Home
Built:
1974
County:
Area:

School Information

Elementary School:
Middle School:
High School:
School District:

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.

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LERA MLS

© 2026 Information provided courtesy of LERA MLS. All rights reserved. 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 deemed reliable but is not guaranteed accurate by the LERA MLS or River City Team | Keller Williams Heritage. Last updated 2026-03-06T08:32:57.757.
www.rivercityteam.com/homes/171839622
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505 State Highway 173 Hondo, TX 78861

  • Price: $435,000
  • Status: Price Change
  • On Site: 56 Days
  • Updated: 43 min ago
  • MLS #: 1932404
3
Beds
2
Baths
0
½ Baths
0.89
Acres
1,322
SQFT
$329
$/SQFT
1974
Built
Neighborhood:
Lazy Acres
County:
Medina
Area:
Hondo
Elementary School:
Hondo
Middle School:
Hondo
High School:
Hondo
School District:
Hondo I.S.D.
Property 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.
Exterior Features

Exterior BrickSiding Exterior Features Privacy FenceMature TreesOther - See Remarks Lot Description Corner1/2-1 AcreMature Trees (ext feat)Level Lot Improvements Street PavedFire Hydrant w/in 500'State HighwayInterstate Hwy - 1 Mile or less Parking One Car GarageAttached Pool Spa None Pool YN No Roof Composition Stories 1 Style One Story

Interior Features

Air Conditioning One Central Bedroom2 Length 10 Bedroom2 Width 10 Bedroom3 Length 11 Bedroom3 Width 11 Fireplace Not Applicable Fireplaces 0 Floor Other Foundation SlabOther Heating Central Heating Fuel Propane Owned Inclusions Washer ConnectionDryer Connection Interior One Living Area1st Floor Lvl/No Steps Kitchen Length 12 Kitchen Width 13 Living Room Length 15 Living Room Width 16 Master Bath Tub/Shower Combo Master Bath Length 7 Master Bath Width 8 Master Bedroom Full Bath Master Bedroom Length 13 Master Bedroom Width 12 Window Coverings None Remain

Property Features

Approx Age 52 Builder Name Unk Certified Tax Year 2025 Construction Pre-Owned Currently Being Leased Yes Hoa Mandatory None Miscellaneous Investor PotentialAs-Is Neighborhood Amenities None Possession Closing/FundingCurrent Lease Agreement Proposed Terms ConventionalCashInvestors OK Source Sq Ft Appsl Dist Subdivision Legal Name LAZY ACRES Taxed By Multiple Counties No Total Tax 4783 Utility Supplier Electric Medina Utility Supplier Sewer Private Utility Supplier Water City Water Sewer Water SystemSeptic

Listing information © Copyright 2026 San Antonio Board of REALTORS®, All Rights Reserved.
Listing provided courtesy of Kari Menchaca of Galm Real Estate, LLC: kari@galmrealestate.net, (830) 931-0900.
LERA MLS

© 2026 Information provided courtesy of LERA MLS. All rights reserved. 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 deemed reliable but is not guaranteed accurate by the LERA MLS or River City Team | Keller Williams Heritage. Last updated 2026-03-06T08:32:57.757.
 
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River City Team | Keller Williams Heritage
1717 N Loop 1604 E
San Antonio TX, 78232