$1,800,000
For Sale

16000 S FM 4

Santo, TX 76472
6854 sqft | 9 beds | 8.5 baths | 3.89 acres | #20758987
Type:Purchase
Structure:House
Zone:Residential

Description

Welcome to a remarkable property that seamlessly blends functionality with investment potential, nestled on 3.89 acres in the vibrant community of Santo. This unique offering features a spacious workshop, equipped with a tool room, office, and loft—ideal for any hobbyist, craftsman, or entrepreneur seeking a productive space. This property boasts three well-maintained rental homes, all currently occupied by reliable tenants. Two of the homes offer three bedrooms and two bathrooms each, providing ample space for families, while the third home features two bedrooms and two bathrooms, making it perfect for smaller households. Each residence is complemented by a convenient carport and an exterior access storage room, enhancing both livability and appeal. In addition to the homes, there is a designated area for a fourth rental unit, allowing for further expansion and increased rental income potential. This flexibility makes it an ideal opportunity for investors looking to grow their portfolio in a rapidly developing area. A water storage barn is also included on the property, featuring two 5,000-gallon tanks to ensure an ample water supply for both personal and investment needs. The land is not only functional but also offers room for growth, with the possibility to acquire an additional 12.1 acres if desired. Situated in a growing region, this property offers a rare combination of residential and commercial potential, making it a sound investment in a promising market. Don’t miss your chance to capitalize on this exceptional opportunity in Santo—where your investment can flourish alongside the community!

  • Property Details
      • InteriorBuilt-in Features, Cable TV Available, Decorative Lighting, Double Vanity, Eat-in Kitchen, Flat Screen Wiring, Granite Counters, High S
      • Utility FeaturesCo-op Electric, Co-op Water, Gravel/Rock, Individual Water Meter, Phone Available, Septic
      • Lot DescriptionAcreage, Few Trees, Landscaped, Lrg. Backyard Grass, Sprinkler System
      • Exterior MaterialsBalcony, Covered Patio/Porch, Private Entrance, Storage
      • Property SubtypeSingle Family Residence
      • StyleLoft, Traditional
      • CountyPalo Pinto
      • School DistrictSanto ISD
      • Property TypePurchase
      • MLS #20758987
      • MLS #20758987
      • Square Feet6854.00
      • Cost1800000
      • Acres3.8900
      • Elementary SchoolSanto
      • Year Built2023
      • FoundationSlab
      • Bathrooms8.5
      • SubdivisionNA
      • Bedrooms9
      • Full Baths8
      • Half Baths1

Location

Judy VaughnReal Estate Group
$
years

Down Payment

$
%
10.0%

Interest Rate

%
6.0%

Tax Rate

%
2.6%
$
$
annually
$
monthly

Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.

Estimated Monthly Payment
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Loan Amount
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