505 TX-173 - Multi-Family FOR SALE


Hondo, TX 78861
$450,000 USD
830-931-0900
505 TX-173, Hondo, TX for Sale
$450,000 USD
Multi-Family - FOR SALE
1/12
null | Request Cap Rate

505 TX-173
Hondo, TX 78861


OVERVIEW

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.

FOR SALE DETAILS

PRICE

$450,000 USD

PRICE/SF

$162 USD /SF

# OF UNITS

5

PRICE/UNIT

$90,000

CAP RATE

Request Cap Rate

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Minchew

PROPERTY TYPE

Multi-Family

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1974

PARKING SPACES

-

LAND DETAILS

LAND ACRES

-

LAND SF

-

ZONING

OCL

APN/PARCEL ID

21023,68782

ASK ABOUT THIS PROPERTY

Harold 'Butch' GalmGalm Real Estate, LLCMore Info
830-931-0900

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Harold 'Butch' GalmGalm Real Estate, LLCMore Info
830-931-0900

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.