Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    676 County Road 243 Hondo, TX 78861

    Loading data...
    Loading data...
    Loading data...
    For Sale
    Contact for pricing

    10-acre hillside retreat near San Antonio with breathtaking views.

    Property Features for 676 County Road 243

    General Information

    Standard status
    Active
    Exterior features
    Electricity

    We can help!

    Listing Contact
    (210) 818-7308
    Source: Kw

    Listing Agency: Coldwell Banker D'Ann Harper Listing Agent: (210) 818-7308

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Overview

    Hondo Hill Country Getaway Retreat

    This 10-acre hillside property, located west of San Antonio in Hondo, offers a flat homesite with expansive views. It is suitable for building a dream home or weekend escape. The property includes two electrical poles and an RV hookup. A wet weather creek enhances the landscape, and a hunting blind is present for outdoor recreation. Mature trees and natural brush provide privacy and natural beauty. This land is suited for those seeking seclusion and space to explore, offering opportunities for mornings surrounded by nature and evenings under Texas skies. It is a canvas for creating a personal retreat, combining peaceful scenery, practical utilities, and access to nearby amenities.
    Location Intelligence

    Current Use by Public Records

    Farms

    Map

    City
    Hondo
    County
    Medina
    State
    Texas
    Longitude
    -99.15618
    Latitude
    29.521597

    Nearby Similar for Sale

    • $1,500,000
      23,050 SF

      Hondo Commercial Property For Sale

      Versatile industrial property in Hondo, TX, near San Antonio.
      Hondo, TX 78861
      View Details
    • $1,500,000
      23,050 SF

      Hondo Industrial/Warehouse Opportunity

      4-acre industrial property with refrigerated warehouse and expansion potential.
      568 Carter, Hondo, TX 78861
      View Details
    • Contact for pricing

      Medina County Home on Acreage

      Custom home on 20 acres suitable for cattle or horses.
      219 Private Road 568, Hondo, TX 78861
      View Details
    • Contact for pricing

      Highway Frontage Investment Opportunity

      One-acre property with four homes and highway frontage.
      701 19Th St, Hondo, TX 78861
      View Details
    • Contact for pricing

      Historic Armstrong Hotel For Sale

      Historic hotel in Hondo, Texas, with retail potential.
      1101 3, Hondo, TX 78861
      View Details
    • Contact for pricing

      Hondo Commercial Property on Highway

      Highway frontage, metal building, and office suitable for various uses.
      2605 19Th St, Hondo, TX 78861
      View Details
    • Contact for pricing

      Hondo Commercial Building on Highway

      Large commercial building with retail, storage, and office space.
      1110 18Th St, Hondo, TX 78861
      View Details
    • Contact for pricing

      Productive Farm with Irrigated Land

      168-acre farm featuring irrigated land, home, and barn.
      3830 County Road 541, Hondo, TX 78861
      View Details
    • Contact for pricing

      7.8 Acre Commercial Property

      Commercial property with shop building and fuel tanks for sale.
      1536 Fm 2676, Hondo, TX 78861
      View Details
    • Contact for pricing
      15,725 SF

      Hondo Retail Space For Sale

      15,725 SF retail space with excellent visibility and access.
      2509-2515 19Th St, Hondo, TX 78861
      View Details
    • Contact for pricing

      Mixed-Use Building on Corner Lot

      1,200 SQFT metal building zoned for residential and commercial use.
      1906 Avenue, Hondo, TX 78861
      View Details
    • Contact for pricing

      Tranquil Acreage with Deer Blinds

      30-acre sanctuary with deer blinds, ideal for nature lovers.
      235 Private Road 235, Hondo, TX 78861
      View Details

    FAQs

    What type of property is this?
    Farm - 10-acre hillside retreat near San Antonio with breathtaking views.
    Where is this farm located?
    The property is located at 676 County Road 243 Hondo, TX.
    What are key features of this property?
    This property features: - 10-acre hillside property with breathtaking, expansive views.; - Flat homesite ideal for building a dream home or weekend getaway.; - Two electrical poles and RV hookup already in place.
    (210) 818-7308
    Request Owner's contact information
    676 County Road 243 Hondo, TX 78861
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    676 County Road 243
    Hondo, TX 78861
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    676 County Road 243 Hondo, TX 78861
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    We can help!
    Listing Contact
    (210) 818-7308
    (210) 818-7308
    Learn more
    Google sign-in failed. Please try again or use another login method.