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Investment Highlights

  • Corner Lot
  • Just Outside of City Limits
  • State Highway 173 Frontage

Executive Summary

High traffic area with good potential.

Property Facts

Price $800,000
Sale Type Investment or Owner User
No. Lots 1
Property Type Land
Property Subtype Agricultural
Proposed Use
Apartment Units
  • Contractor Storage Yard
  • Hold For Development
  • Industrial Park
Total Lot Size 6.00 AC
Zoning OCL - Outside of the Hondo city limits.

1 Lot Available

Lot

Price $800,000
Price Per AC $133,333.33
Lot Size 6.00 AC

Hard Corner. 800' of frontage on State Highway 173 and 340' of frontage on County Road 443. This tract is located just outside of Hondo city limits. Currently use is agriculture and rental on the residence. Water and electric are adjacent.

Description

Location, location, location! This commercial potential lot in Hondo is located approximately 1 mile from intersection of Hwy 90 and Hwy 173N. The 6 acre tract is situated on the west side of Hwy 173N between FM 2767 and Hwy 90. It is located at the hard corner of FM 173 & CR 443. Currently ag exempt, this property has the potential to be used for a plethora of commercial options. Warehouse, strip center, retail, industrial, etc. Seller will consider splitting property in to multiple different tracts/sales. City water and Medina Electric are the available utilities on the property. With over 800 feet of Hwy 173 and 340 feet of CR frontage, this property has the potential to reach between 3500 and 5400 cars per day! (as per TXDOT). Additionally, this property includes a 3-bedroom 2-bath home. Beautiful mature oaks and landscaping are all around this quaint home along with a picturesque white post and rail fence. With its proximity to town and easy access, this building and lot would also make a perfect office space or business site. With minimal restrictions, this property has a ton of usage options!

Not walkable
10/100
Exceptionally drivable
100/100
Not bikeable
10/100

Property Taxes

Property Taxes

Parcel Number
510536
Land Assessment
$99,000
Improvements Assessment
$0
Total Assessment
$99,000
  • Listing ID: 32748539

  • Date on Market: 8/9/2024

  • Last Updated:

  • Address: 0000 State Highway 173 N, Hondo, TX 78861

Contact the Sale Advisor

0000 State Highway 173 N - 6+/- Acres-State Highway 173 S & CR 443

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