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$156,312

NAL Estimated Property Value

1905 Avenue K, Hondo, TX, 78861

$203,206 ARVInfo
Off MarketInfo
CommercialInfo
Baths0 Bath
Baths3,777 Sq Ft
price_per_sqft$26.48 / sqft

Highlights

Interior

Bathrooms 0Bathrooms 0
Heating CentralHeating Central
CoolingCooling

Exterior

Lot Size9,801 sqft

Building Information

Stories1

Land Information

APN16423
Lot Number1,2
SubdivisionHondo
Land UseCommercial
Legal DescriptionHONDO BLOCK 20 LOT 1 & 2; ACRES 0.225
Census Tract000500
Assessed Land Value$67,380
Assessed Improvement Value$108,200
Assessment Year2025

About this property

OLD FIRESTATION IN HONDO! ZONED COMMERCIAL - GREAT LOCATION - LOT OF POTENTIAL. CURRNTLY VACANT AND IN NEED OF REPAIRS. 3700+ S.F. BUILDING WITH LARGE 3 BAY GARAGE, STORAGE AREAS AND COMMON AREAS. HUGE, MAJESTIC LIVE OAK TREES OVER LARGE BBQ PIT/OUTDOOR COOKING AREA.

Investor Tools

Property Icon
$156,312
Estimated Property Value
$86,114Estimated Mortgage Balance
$70,198Estimated Equity
44% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)*
$203,206
Rent-to-Value Ratio: 0.72%
Rent Estimate
$938 /month
Positive
Cash Flow Estimate:
$313 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$244/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,150
$156,312
2025
$67,380
$108,200
$175,580
No

Tax History

Year
Tax Paid
Assessed Value
2024
$2,150
$156,312

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Castroville State Bank
Building Or Construction Loan
$87,000
No
First
Oct 3, 2025
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$86,114
$70,198
44%
55%
$522/mo

Learn About the Market: Opportunity in Texas

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Explore

Texas

Living in Texas means access to four of the nation’s most dynamic metro economies — Dallas–Fort Worth’s corporate and logistics powerhouse, Houston’s global energy and medical hub, Austin’s tech-driven and culturally iconic Live Music Capital of the World, and San Antonio’s historic yet steadily expanding military and healthcare center. The state blends economic scale with cultural significance, rooted in independence, entrepreneurship, and a strong sense of place — from Friday night football to world-renowned barbecue and music festivals. For homebuyers, Texas offers comparatively attainable housing, no personal income tax, and master-planned communities built around space and convenience; for investors, continued population growth, business relocation, and diversified industries create sustained demand across urban cores, suburbs, and emerging secondary markets.

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Population Growth

Population Growth

~1.3% annually

Net Migration

Net Migration

Positive

Median Home Price

Median Home Price

$283,800

Unemployment Rate

Unemployment Rate

4.3%

Price Trend

Price Trend

Flat

New Permits

New Permits

158,121

City: Hondo

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