0 Ave Y Hondo, TX
Call to check price and availability
Two communities with infill upside and income potential.
Type:LAND
Lot size:
12.50 Acres- Added:
- Apr 24, 2025
- Days on Market:
- 367
- Last Refresh:
- Apr 5 at 10:59 pm
Property Features for 0 Ave Y
General Information
- Standard status
- Active
- Lot size
- 12.50 Acres
- Property subtype
- LAND
Listing agent Enon Winkler
Listing office OtherStreet Advisors (407) 900-9986
Listing date Apr 24, 2025
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 OtherStreet Advisors
Overview
Two Communities with Infill Upside
Two communities in close proximity feature direct billed public utilities. There is an immediate infill upside opportunity with forty-one vacant lots to be filled. The opportunity exists to achieve a total operating income of $800,861 by year five, with the potential to achieve a cash-on-cash return of 17.11% over a five-year holding period. Twelve homes are not included in the sale of the communities but are available for an additional price of $900,000. If unsold, the Seller will pay lot rent under a long term lease agreement.
Location Intelligence
Current Use by Public Records
Mobile home & RV ...
Map
- City
- Hondo
- County
- Medina
- State
- Texas
- Longitude
- -99.1486
- Latitude
- 29.3565
Nearby Similar for Sale
FAQs
What type of property is this?
Land - Two communities with infill upside and income potential.
Where is this land located?
The property is located at 0 Ave Y Hondo, TX.
What is the asking price?
The asking price for this property is $3,350,000.
What are key features of this property?
This property features: Immediate infill upside opportunity with **forty‑one vacant lots**.; Opportunity to achieve a **total operating income of $800,861 by year five**.; Potential to achieve a **cash‑on‑cash return of 17.11% over a five‑year holding period**.
