16000 S FM 4

Santo, TX 76472
$1,800,000
6854 sqft | 9 beds | 8.5 baths | 3.89 acres | #20758987
For Sale

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!
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  • Property Details
      • Interior:Built-in Features, Cable TV Available, Decorative Lighting, Double Vanity, Eat-in Kitchen, Flat Screen Wiring, Granite Counters, High S
      • Bedrooms:9
      • Bathrooms:8.5
      • Full Baths:8
      • Half Baths:1
      • Lot description:Acreage, Few Trees, Landscaped, Lrg. Backyard Grass, Sprinkler System
      • Exterior materials:Balcony, Covered Patio/Porch, Private Entrance, Storage
      • Acres:3.8900
      • Square Feet:6854.00
      • Property type:Purchase
      • Style:Loft, Traditional
      • Year built:2023
      • Foundation:Slab
      • Utility features:Co-op Electric, Co-op Water, Gravel/Rock, Individual Water Meter, Phone Available, Septic
      • Subdivision:NA
      • School district:Santo ISD
      • Elementary School:Santo
      • County:Palo Pinto
      • MLS #:20758987
      • Cost:1800000
      • Property subtype:Single Family Residence
      • MLS #:20758987

Location

Legal

© 2023 North Texas Real Estate Information Systems, Inc. All rights reserved. Disclaimer: All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor Phil Hill shall be responsible for any typographical errors, misinformation, or misprints and shall be held totally harmless. The database information herein is provided from and copyrighted by the North Texas Real Estate Information Systems, Inc. NTREIS data may not be reproduced or redistributed and is only for people viewing this site. All information provided is deemed reliable but is not guaranteed and should be independently verified. The advertisements herein are merely indications to bid and are not offers to sell which may be accepted. All properties are subject to prior sale or withdrawal. All rights are reserved by copyright

Last Updated: . Source: NTREIS

Listing Courtesy
Listing Agent: Ashlyn Tucker
Listing Office: Williams Trew Real Estate

Phil HillReal Estate Group
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Down Payment

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10.0%

Interest Rate

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6.0%

Tax Rate

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2.6%
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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.

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© 2023 North Texas Real Estate Information Systems, Inc. All rights reserved. Disclaimer: All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor Phil Hill shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The database information herein is provided from and copyrighted by the North Texas Real Estate Information Systems, Inc. NTREIS data may not be reproduced or redistributed and is only for people viewing this site. All information provided is deemed reliable but is not guaranteed and should be independently verified. The advertisements herein are merely indications to bid and are not offers to sell which may be accepted. All properties are subject to prior sale or withdrawal. All rights are reserved by copyright