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$359,000

300 Avenue M, Hondo, TX, 78861

On MarketInfo
Beds4 Beds
Baths3 Bath
Baths2,776 Sq Ft
price_per_sqft$129.32 / sqft
Year BuiltBuilt in 1968

Property Lead Type:

Must-SellAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 3Bathrooms Full 3
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesOven, Range, Cooktop
FlooringCarpet, Laminate

Exterior

Lot Size37,331 sqft

Building Information

Year Built1968
Stories2
Roof Type115
Garage Spaces2

Land Information

APN17676
Lot Number1A
SubdivisionKollman Oaks Unit 1
Land UseResidential
Legal DescriptionKOLLMAN OAKS UNIT 1 LOT 1A; ACRES .857
Census Tract000302
Assessed Land Value$70,930
Assessed Improvement Value$245,540
Assessment Year2025

About this property

Discover the potential in this spacious 4-bedroom, 3-bath home located in the highly desirable Kollman Oaks neighborhood in Hondo. Priced below appraised value, this property offers a rare opportunity for buyers to renovate, personalize, and build immediate equity. With over 2,700 square feet, the two-story layout provides flexibility for a variety of lifestyles, including a secondary bedroom perfectly suited for a home office or guest space. The home features a bright 440-square-foot den with expansive windows that bring in abundant natural light, as well as a cozy living room centered around a charming brick fireplace. Situated on an impressive 0.86-acre lot shaded by mature trees, the outdoor space is equally inviting. Enjoy a large brick patio ideal for entertaining, relaxing, or creating your own backyard retreat. New roof installed in 2022 and solar panels in 2023, offering added value and energy efficiency. With no HOA restrictions, you have the freedom to reimagine and transform this property into your dream home. Whether you're an investor or a buyer with vision, this is a unique opportunity to own a home with great bones, generous space, and endless potential in a sought-after location.

Investor Tools

$199,818Estimated Mortgage Balance
$175,182Estimated Equity
46% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,250 /month
Positive
Cash Flow Estimate:
$750 /month

Interested in this property?

Jennifer Hernandez

Keller Williams Heritage

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$522/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,385
$316,470
2025
$70,930
$245,540
$316,470
No

Tax History

Year
Tax Paid
Assessed Value
2024
$4,385
$316,470

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Directions Equity Llc
Conventional
$225,834
No
First
Jul 22, 2020
Aug 2050

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$199,818
$175,182
46%
53%
$1,354/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.

Explore Texas Explore This Area
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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300 Avenue M | Property Details | No Agent List