








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 609 16th, Hondo, TX, 78861 uses $48,731 cash to close to unlock $4,106/yr annual cash flow and $342/mo monthly cash flow. Total monthly income runs $1,387/mo, and a $719/mo payment keeps the spread at $342/mo. Purchase price stands at $147,000, and rental yield measures 11.32% with $1,387/mo rent. Return on cash invested shows 28.33% in year one, and 5% annual appreciation builds toward $40,613 over five years. Five-year ROI reaches 149.35% and total cumulative return in cash records $72,780. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,387/mo property income covering a $719/mo payment rather than investor’s personal income.
Manufactured
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 |
|---|---|---|
| 2025-04-03 | Listed for sale | $147,000 |
| 2025-03-25 | Listing removed | $147,000 |
| 2025-03-11 | Listed for sale | $147,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-04-03 | $692.68 | 14.42% | $32,680 | 10.55% |
| 2023-04-03 | $605.36 | 5.52% | $29,560 | 18.52% |
| 2022-04-03 | $573.69 | 9.76% | $24,940 | 13.06% |



Listed by: Desiree Diaz • Prime Realty
Mls Name: SABOR
Mls Provider:
Mls ID: #1855346
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.