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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 1502 16th, Hondo, TX, 78861 listed at $149,000 pairs $1,156/mo rent with a $729/mo payment to leave $97/mo cash flow. Total monthly income runs $1,156/mo, and annual cash flow reaches $1,161/yr on $49,394 cash to close. Return on cash invested measures 22.26% in year one, and rental yield registers 9.31% at a $149,000 basis. Equity gained on principal adds $961/yr, and annual property appreciation at 5% supports $41,166 by year five. Five-year ROI tracks 116.67% and total cumulative return in cash totals $57,628. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,156/mo property income relative to a $729/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1999
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 |
|---|---|---|
| 2025-04-08 | Price change | $149,000 |
| 2025-01-20 | Listed for sale | $139,500 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-04-08 | $2319.68 | 24.08% | $109,440 | 19.88% |
| 2023-04-08 | $1869.57 | 2.75% | $91,290 | 15.41% |
| 2022-04-08 | $1819.54 | 8.92% | $79,100 | 12.18% |
Listed by: Kendyll Velasquez • eXp Realty
Mls Name: SABOR
Mls Provider:
Mls ID: #1856599
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.
