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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 6005 FM 2676, Hondo, TX, 78861 offers a 1.28% rental yield on a $1,900,000 purchase with $2,032/mo rent. 01% in year one. Equity gained on principal adds $12,260/yr while 5% annual appreciation supports $524,935 over five years. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,032/mo property income against a $9,300/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1860
125 Acres 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 |
|---|---|---|
| 2023-06-26 | Listed for sale | $1,900,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-08-14 | $408.86 | -12.61% | $25,380 | 1.08% |
| 2022-08-14 | $467.87 | 15.69% | $25,110 | 16.90% |
| 2021-08-14 | $404.40 | 7.83% | $21,480 | 13.41% |
Listed by: Jack Gruber • Gruber Properties, LLC
Mls Name: SABOR
Mls Provider:
Mls ID: #1698713
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.
