








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 1901 23rd circle, Hondo, TX, 78861 earns $891/mo cash flow from $2,021/mo rent with a $778/mo payment. Total monthly income totals $2,021/mo, and annual cash flow totals $10,687/yr on $52,709 capital. ROI tracks 40.18% on current figures, and rental yield reads 15.25% at a $159,000 purchase. Equity gained on principal adds $1,026/yr, and 5% annual appreciation supports $43,929 over five years. Five-year ROI reaches 212.82% and total cumulative return in cash sums $112,176. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,021/mo property income instead of your personal income.
Single Family
Built in 1955
8,712 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 |
|---|---|---|
| 2024-05-16 | Price change | $159,000 |
| 2024-02-12 | Price change | $169,000 |
| 2023-10-25 | Listed for sale | $180,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-08-14 | $1933.61 | -21.87% | $140,360 | 10.00% |
| 2022-08-14 | $2474.85 | 14.81% | $127,600 | 40.25% |
| 2021-08-14 | $2155.53 | 7.63% | $90,980 | 12.39% |



Listed by: Morris Killough • BHHS Hill Country Properties
Mls Name: SABOR
Mls Provider:
Mls ID: #1729087
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.