Hondo, TX Mixed-Use
1115 19th St, Hondo, TX 78861
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Mixed-use property in Hondo, TX with retail and office.
Type:OFFICE
Property size:
4,806 SFLot size:
1.06 AcresPrice / SF:
$186/SF- Added:
- Apr 27, 2026
- Days on Market:
- 31
- Last Refresh:
- May 21 at 8:27 am
Property Features for 1115 19th St
General Information
- Standard status
- Active
- Size
- 4,806 SF
- Lot size
- 1.06 Acres
- Property subtype
- OFFICE
Listing agent Walker Petty License #763807 (210) 275-2812
Listing office Endura Advisory Group (210) 275-2812
Listing date Apr 27, 2026
Source Moodyscre
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
All listing content including descriptions, pricing, images are the copyrighted material of Endura Advisory Group
HighLights
- Prime location fronting Highway 90 with 4,803 SF of retail space.
- Dual zoning offers versatile development opportunities.
- All utilities are available to the sites.
- Additional frontage on Ave M with 980 SF of office/retail space.
- Includes a 1,568 SF house fronting 20th St.
- Total lot size of ±1.06 acres.
Overview
This mixed-use property in Hondo, TX, comprises two tracts totaling 4,806 square feet on a lot of approximately 1.06 acres. Zoned C-3 (Commercial) and RE (Residential), the property has all utilities available. The fronting Highway 90 portion offers 4,803 square feet of retail space. The area fronting Avenue M includes 980 square feet suitable for office or retail use. Additionally, the portion fronting 20th Street features a 1,568-square-foot house.
Financial Insights
Value Estimation Calculated for Office B
Conservative
$727.8K
NOI $65,500 @ 9.00% cap · cautious / downside scenario
Moderate
$935.7K
NOI $65,500 @ 7.00% cap · market / base-case scenario
Aggressive
$1.31M
NOI $65,500 @ 5.00% cap · optimistic / upside scenario
NOI & Cap Rate Calculator
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
Calculated for Office B
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $106.1k | $22.08 |
| − Vacancy | −$18.8k | −$3.91 |
| EGI | $87.3k | $18.17 |
| − OpEx | −$21.8k | −$4.54 |
| NOI | $65.5k | $13.63 |
4,806 SF · lease $22.08/SF/yr · vacancy 17.70% · expense 25.00%
Alternative Use Scenarios
Best Use
Office B
$935.7K
$818.8K – $1.09M
NOI $65,500 @ 7.0% cap · market cap 7.32%
Second Best
Retail
$919.1K
$804.2K – $1.07M
NOI $64,334 @ 7.0% cap · market cap 7.19%
Theoretical Best
Office A
$1.23M
$1.07M – $1.43M
NOI $85,815 @ 7.0% cap · market cap 9.59%
Zoning and permitted uses should be independently verified with local authorities.
Location Intelligence
Current Use by Public Records
Office Units
Location Insight
- Map
- Local Demand
- City
- Hondo
- County
- Medina
- State
- Texas
- Longitude
- -99.141174
- Latitude
- 29.347294
Nearby Similar for Sale
FAQs
What type of property is this?
Mixed-use property - Mixed-use property in Hondo, TX with retail and office.
Where is this mixed-use property located?
The property is located at 1115 19th St Hondo, TX.
What is the asking price?
The asking price for this property is $895,000.
What are key features of this property?
This property features: Prime location fronting Highway 90 with 4,803 SF of retail space.; Dual zoning offers versatile development opportunities.; All utilities are available to the sites.
