USATXHondoLazy Acres505 State Highway 173
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505 State Highway 173, Hondo, TX

House

For Sale

Listed price in listed location currency (USD).
$450,000

320

MLS® 1932404

  • Key Facts
  • Description
  • Rooms
  • Map

Key Facts

Type Single Family Residence
Levels Residential
Size 1322 sqft
Garage Yes
Taxes $4,783
Days Active 4
Lot Size 0.892 acres
Approx. Age 1974
Avg. Price Per Sqft $340
MLS® Number 1932404

Property Address: 505 State Highway 173, Hondo, TX, 78861

Average square foot calculated using Size range provided by listing agent.

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.
MLS® Number1932404
Laundry Level
Central VacNo
FireplaceNo
Acreage0.892
Exterior
GarageYes
Approx. Age1974
Basement
Driveway
Garage Spaces
Heat
A/C
Heating Fuel

Extras

Washer Connection, Dryer Connection

Rooms

Change to metres

Master Bathroom:Main Floor8 × 7 ft
Master Bedroom:Main Floor12 × 13 ft
Living Room:Main Floor15 × 16 ft
Kitchen:Main Floor13 × 12 ft
Bedroom 3:Main Floor11 × 11 ft
Bedroom 2:Main Floor10 × 10 ft

Similar Listings

Price History

-End Date
Not Sold YetSold Price

For Sale

Jan 9, 2026List Date
$450,000List Price
  • Commute

Commute

Starting Address
Destination Address
505 State Highway 173, Hondo, TX

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