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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Investment property for sale in Hondo at 1310 16TH ST, Hondo, TX, 78861 listed at $239,000 pairs $2,092/mo rent with a $1,170/mo payment to leave $392/mo cash flow. Total monthly income runs $2,092/mo, and annual cash flow reaches $4,707/yr on $79,229 cash to close. Return on cash invested measures 25.85% in year one, and rental yield registers 10.5% at a $239,000 basis. Equity gained on principal adds $1,542/yr, and annual property appreciation at 5% supports $66,031 by year five. Five-year ROI tracks 135.95% and total cumulative return in cash totals $107,712. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,092/mo property income relative to a $1,170/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1958
8,407 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 78861, Hondo, TX area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,087 (100%) |
| Owner Occupied HU | 3,400 (66.8%) |
| Renter Occupied HU | 1,097 (21.6%) |
| Vacant Housing Units | 590 (11.6%) |
| Median Home Value | $226,954 |
| Average Home Value | $278,011 |
Residential
4,995
Single Family
4,617
Multi-Family
378
Businesses
502
Date | Event | Price |
|---|---|---|
| 2024-11-08 | Price change | $239,000 |
| 2024-10-11 | Listed for sale | $249,000 |
| 2024-09-14 | Listing removed | $274,999 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-02-12 | $3130.23 | 6.70% | $147,680 | 3.09% |
| 2023-02-12 | $2933.70 | 1.74% | $143,250 | 14.28% |
| 2022-02-12 | $2883.43 | 14.67% | $125,350 | 18.11% |
Listed by: Robert Saenz • Xsellence Realty
Mls Name: SABOR
Mls Provider:
Mls ID: #1815418
Disclaimer: IDX information is provided exclusively for 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 not guaranteed.
