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For sale
    • $435,000

    505 State Highway 173, Hondo, TX 78861

    3beds
    1,322sqft
    : 
    $3,097/mo
    Get pre-qualified
    Single Family Residence
    Built in 1974
    0.89 Acres Lot
    $425,900 Zestimate®
    $329/sqft
    $-- HOA

    What's special

    Corner location
    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.
    197 days
    |
    71
    |
    0
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Kari Menchaca TREC #651976 (830) 931-0900,

    Galm Real Estate, LLC

    Source: LERA MLS,MLS#: 1932404MLS Logo

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 3
      • Bathrooms: 2
      • Full bathrooms: 2
      Primary bedroom
      • Features: Full Bath
      • Area: 156
      • Dimensions: 13 x 12
      Bedroom 2
      • Area: 100
      • Dimensions: 10 x 10
      Bedroom 3
      • Area: 121
      • Dimensions: 11 x 11
      Primary bathroom
      • Features: Tub/Shower Combo
      • Area: 56
      • Dimensions: 7 x 8
      Kitchen
      • Area: 156
      • Dimensions: 12 x 13
      Living room
      • Area: 240
      • Dimensions: 15 x 16
      Heating
      • Central, Propane Owned
      Cooling
      • Central Air
      Appliances
      • Laundry: Washer Hookup, Dryer Connection
      Features
      • One Living Area, 1st Floor Lvl/No Steps
      • Flooring: Other
      • Has basement: No
      • Has fireplace: No
      • Fireplace features: Not Applicable
      Interior area
      • Total interior livable area: 1,322 sqft

      Property

      Parking
      • Total spaces: 3
      • Parking features: One Car Garage, Attached, Two Car Carport, Open
      • Attached garage spaces: 1
      • Carport spaces: 2
      • Covered spaces: 3
      Features
      • Levels: One
      • Stories: 1
      • Exterior features: Other
      • Pool features: None
      • Fencing: Privacy
      Lot
      • Size: 0.89 Acres
      • Features: Corner Lot, 1/2-1 Acre, Level, Fire Hydrant w/in 500'
      • Residential vegetation: Mature Trees, Mature Trees (ext feat)
      Details
      • Parcel number: R68782

      Construction

      Type & style
      • Home type: SingleFamily
      • Property subtype: Single Family Residence
      Materials
      • Brick, Siding
      • Foundation: Slab, Other
      • Roof: Composition
      Condition
      • As-Is,Pre-Owned
      • New construction: No
      • Year built: 1974

      Utilities & green energy

      • Electric: Medina
      • Sewer: Private, Septic
      • Water: City, Water System

      Community & HOA

      Community
      • Features: None
      • Subdivision: Lazy Acres
      Location
      • Region: Hondo

      Financial & listing details

      • Price per square foot: $329/sqft
      • Tax assessed value: $180,450
      • Annual tax amount: $4,783
      • Price range: $435K - $435K
      • Date on market: 1/8/2026
      • Cumulative days on market: 198 days
      • Listing terms: Conventional,Cash,Investors OK
      • Road surface type: Paved

        Estimated market value

        $425,900

        $405,000 - $447,000

        $1,905/mo

        Price history

        DateEventPrice
        3/4/2026Price change$435,000-3.3%$329/sqft
        Source: LERA MLS #1932404 Report a problem
        1/8/2026Listed for sale$450,000$340/sqft
        Source: LERA MLS #1932404 Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$2,936 -1.7%$180,450 -0.9%
        2024$2,987 +1.6%$182,170 -0.2%
        2023$2,941 +2.3%$182,570 +18.3%
        2022$2,875 +41.5%$154,280 +42.9%
        2021$2,032 +7.8%$107,940 +13.4%
        2020$1,885 -3.4%$95,190 +2.1%
        2019$1,951 +0.1%$93,260 +1.7%
        2018$1,948 +0.1%$91,710
        2017$1,947 +32.7%$91,710 +33.3%
        2016$1,467 +13.2%$68,790 -0.7%
        2015$1,295 $69,270
        2014$1,295 $69,270
        2012-- $69,270
        2011-- $69,270
        2010-- $69,270 +0.7%
        2009-- $68,790
        2008-- $68,790 +3.8%
        2007-- $66,260
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

        Explore the cost of this home by adjusting the details. Changes won't be saved.
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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        Climate risks

        Neighborhood: 78861

        Getting around

        1 / 100
        Car-Dependent
        25 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating
        Schools provided by the listing agent
        • Elementary: Hondo
        • Middle: Hondo
        • High: Hondo
        • District: Hondo I.S.D.

        Source: LERA MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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