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Jeannette Spinelli

Broker Associate & Founder | Spinelli Residential Group | KW - Austin Portfolio Real Estate

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505 State Highway 173 , Hondo, TX 78861
$435,000
Est. Payment: $2,184.51/mo
3 Bed
2 Bath
1322 Sqft
Status: active | Days on site: 67
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VCR-C15903466 - VCR-C159091383,VCR-C159052275

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Jeannette Spinelli
Broker Associate & Founder
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House 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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Highlights

Listed by Kari Menchaca , (830) 931-0900 Galm Real Estate, LLC , (830) 931-0900. LERA MLS - Local Expertise Regional Access mls logo

Property Type

Residential
Lot/Acreage
0.89

Year Built

1974

County

Medina

Area

3000

 Neighborhood

Lazy Acres

 School District

Hondo I.S.D.

Listing ID

1932404

Questions about this listing?

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Interior Features

Bedrooms and Bathrooms
  • ▪ Bedrooms:3
  • ▪ Bathrooms:2
  • ▪ Full Bathrooms:2
Appliances:Washer Connection, Dryer Connection
Air Cond:One Central
Fireplaces:
Other:One Living Area,1st Floor Lvl/No Steps
Other:City

Exterior Features

Lot:Corner,1/2-1 Acre,Mature Trees (ext feat),Level
Roof:Composition
Others:Privacy Fence,Mature Trees,Other - See Remarks
Sewer:Water System,Septic
Parking Features:One Car Garage,Attached
Principal Interest
$2,185
Taxes
$399

Home Price

$435,000

Loan Details

30 yrs
6.434%

Down Payment

20%
$87,000
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$2,184.51

Principal

Taxes

Principal Taxes HOA Total
Monthly $2,184.51 $398.58 $0.00 $2,583.10
Yearly $26,214.16 $4,783.00 $0.00 $30,997.16
Total $786,424.89 $143,490.00 $0.00 $929,914.89

Today's Rates

30 Year

6.43%

20 Year

6.23%

15 Year

5.8%

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Market insight data is pulled from the same city as the listing being viewed (Hondo, TX).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.

IDX information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the MLS.  The MLS may, at its discretion, require use of other disclaimers as necessary to protect participants and/or the MLS from liability.

IDX service by Blueroof 360

Data last updated: 2026-07-17T18:27:39.000Z

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