$1,000,000
—
SqFt
—
Acre Lot
—
Sqft Lot
Price Type
Status
Active
Property Type
Apartments
Year Built
1950
Days on Website
17
Property Map
$1,000,000 – 1705 21st Street, Hondo, TX 78861
Street View
Courtesy of Dillingham & Toone Real Estate, Melissa Le Blanc {attribution_contact}
Description
SELLER FINANCING is AVAILABLE with only 20% down on a 30 year term. You can own a CASH FLOWING 10 unit apartment complex on the 21st Street in the city of Hondo, TX. This unique property sits on .88 acres. The units have been full occupied with a a waiting list for over 40 years. This is an excellent opportunity for a beginner or a seasoned investor to add to their portfolio with a potential of over $10,000 month when renewals come around. Call agent to set an appointment to come see the interior of these units.
Property Details and Features
Listing
- Listing date: 2024-04-16 05:00:00
- 16 days on market
- 16 cumulative days on market
- $92 per square foot
Location
- County: Medina
- Area: 3000
Building
- Built in 1950
- Approximate age: 74
- Building/center name: 21ST APARTMENTS
- Stucco
- 10,912 square feet
- 2 stories
- 2 buildings
Foundation
- Slab
Roof
- Composition
Interior Features
- Ceiling height: 8
Property
- Zoning: B1
Schools
- School district: Hondo I.S.D.
Miscellaneous
- Gross income: 104700.00
- Monthly lease: $0
- Insurance: 6380.00
- None
- Actual
- None
- No
- Deed
- 10 rentals
- 20 parking spaces
- 10 units
- Other tax: 907.59
Taxes
- Total tax: $13,257
- City tax: $3,993
- County tax: $2,283
- $6,075 school tax
- Property Tax ID: R17473
Utilities
- Electricity
- Gas
- Water
- Telephone
- Sewer
- Cable TV