About 701 Hwy 90
Discover a prime 1-acre investment opportunity located just east of Hondo along Highway 90. This unrestricted property offers 105 feet of highway frontage and includes four manufactured homes, each with individual electric meters, water connections, and septic systems. The setup provides an ideal income-producing property with strong rental potential and the infrastructure already in place. There's ample space to create RV rental spaces, offering paths for expansion and increased cash flow. In addition, the property features an income-producing billboard that adds steady passive revenue. Located outside city limits, you'll enjoy the flexibility of fewer restrictions while still being close to Hondo's amenities and just a short drive from San Antonio. Whether you're looking to grow your rental portfolio or develop a multi-unit property with great highway visibility, this tract offers immediate income and future upside.
Features of 701 Hwy 90
| MLS® # | 1926537 |
|---|---|
| Price | $400,000 |
| Number Of Units | 4 |
| Square Footage | 5,644 |
| Acres | 0.93 |
| Type | Multi-Family (2-8 Units) |
| Sub-Type | One Story |
| Status | Active |
Community Information
| Address | 701 Hwy 90 |
|---|---|
| Subdivision | TOWN EAST |
| City | Hondo |
| County | Medina |
| State | TX |
| Zip Code | 78861 |
Multi-Unit Information
| Gross Annual Income | $47,975 |
|---|---|
| Net Operating Income | $44,435 |
| Annual Operating Expense | $2,340 |
| Operating Expense Includes | Insurance, Services, Taxes |
Unit 1 Information
| Bedrooms | 3 |
|---|---|
| Bathrooms (Full) | 2 |
| Parking Spaces | 2 |
| Parking Type | Pad |
| Handicap Access | NO |
| Rent | $1,250 |
| Occupied | YES |
| Includes | Not Applicable |
Unit 2 Information
| Bedrooms | 3 |
|---|---|
| Bathrooms (Full) | 2 |
| Parking Spaces | 2 |
| Parking Type | Pad |
| Handicap Access | NO |
| Rent | $850 |
| Occupied | YES |
| Includes | Not Applicable |
Unit 3 Information
| Bedrooms | 3 |
|---|---|
| Bathrooms (Full) | 2 |
| Parking Spaces | 2 |
| Parking Type | Pad |
| Handicap Access | NO |
| Rent | $920 |
| Occupied | YES |
| Includes | Not Applicable |
Unit 4 Information
| Bedrooms | 3 |
|---|---|
| Bathrooms (Full) | 2 |
| Parking Spaces | 2 |
| Parking Type | Pad |
| Handicap Access | NO |
| Rent | $850 |
| Occupied | YES |
| Includes | Not Applicable |
Amenities
| Has Pool | No |
|---|
Interior
| Heating | Central |
|---|---|
| Cooling | Three+ Central |
| Has Basement | No |
Exterior
| Exterior | Vinyl |
|---|---|
| Exterior Features | Not Applicable/None |
| Roof | Metal |
| Foundation | Other |
School Information
| District | Hondo I.S.D. |
|---|---|
| Elementary | Hondo |
| Middle | Hondo |
| High | Hondo |
Additional Information
| Date Listed | October 28th, 2025 |
|---|---|
| Days on Market | 258 |
| Zoning | RESIDENTIAL |
| Foreclosure | No |
| Short Sale | No |
| RE / Bank Owned | No |
| Cap Rate | 11.11 |
| Gross Rent Multiplier | 8.34 |
| Estimated Taxes | $2,340 |
Listing Details
| Agent | Aaron Gonzalez |
|---|---|
| Office | 1st Choice Realty Group |
| Contact Info | (210) 685-6805 |