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
Property Features
Property Information:
Architectural Style: Loft, Traditional, Detached
Year Built: 2023
Living Area: 6,854 SqFt
Listing Office:
Office Name: Williams Trew Real Estate
Office Phone: (817) 632-9500
Listing Agent: Ashlyn Tucker
Interior Features
Interior Information:
Appliances: Convection Oven, Dryer, Dishwasher, Electric Cooktop, Electric Oven, Electric Range, Electric Water Heater, Microwave, Refrigerator, Water Purifier, Washer
Basement: No
Flooring Type: Concrete
Interior: Built-in Features, Decorative/Designer Lighting Fixtures, Double Vanity, Eat-in Kitchen, Granite Counters, High Speed Internet, Kitchen Island, Loft, Open Floorplan, Pantry, Cable TV, Vaulted Ceiling(s), Natural Woodwork, Walk-In Closet(s), Wired for Sound
Last updated on: 11/2/2024, 2:20:54 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Property Sales & Tax
We're sorry, we currently don't have sales or tax history data for this listing.
Payment Calculator
Calculate your estimated monthly expenses for this listing. Play with the values below to better understand your monthly payment and utilities.
$9,051
Per Month
Principal & Interest
$8,984
Home PriceThe dollar amount you pay for the home.
$
Interest RateMortgage interest rates fluctuate, but they're typically in the 5% to 9% range. Your rate will be calculated based on personal details including your credit score.
%
Down PaymentThe initial money paid at closing that is usually a percentage of the purchase price. Most loans require at least 3% down, but a 0% down payment may be possible if you're eligible for a VA or USDA loan.
$%
Loan TermThis is how long you'll pay on the loan. A longer term gives you smaller payments, while a shorter term saves you money on interest.
Property Taxes
$0
Property Taxes -Annual CostEvery homeowner pays taxes to their local government based on their home's value and the property tax rates for the county or city. Most areas charge property taxes semiannually.
$/ Year
Mortgage Insurance
$0
Mortgage Insurance -Monthly PremiumMortgage insurance helps secure a mortgage with a lower down payment. It typically costs 0.1% - 2% of your loan amount per year.
$/ Month
Homeowners Insurance
$67
Homeowners Insurance -Monthly PremiumMost homeowners pay about $1,000 a year for homeowners insurance, but the cost varies based on your location, home and coverage.
$/ Month
Homeowners Association (HOA)
$0
Homeowners Association -Monthly FeesHomeowners Association (HOA) fees can range from $30 per month to $500+ per month. Be sure to ask your agent about HOA fees on a home as it can impact your affordability or check the online home listing.
$/ Month
Utilities
$0
Utilities - Monthly CostYou'll need to budget for utilities as a homeowner, which typically includes water and sewer, gas and electric, internet and cable. Cost will depend on your location and the size of your home. On a monthly basis, Americans pay $239 - $442 per month.
$/ Month
Recommended Financing
30-Year Fixed
Rate/APR
7.5% / 6.68%
Total Monthly Payment
$5,463
Powered By
Advertisement
NMLS#3030
Schools
Schools Nearby
The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.
Elementary School
7
/10
Santo Elementary School
F M 2201
Distance between this listing and this school2.00 miles
Public District Grades PK-5
High School
6
/10
Santo High School
F M 2201
Distance between this listing and this school2.00 miles
Public District Grades 6-12
Assigned Schools
7
/10
Santo Elementary School
F M 2201
Distance between this listing and this school2.00 miles
Public District Grades PK-5
Nearby Schools
5
/10
Lipan Elementary School
211 N Kickapoo St
Distance between this listing and this school9.70 miles
Public District Grades PK-6
8
/10
Palo Pinto Elementary School
821 Oak St
Distance between this listing and this school14.40 miles
Public District Grades PK-6
Nearby Schools
7
/10
Morgan Mill Elementary School
295 East Fm 1188
Distance between this listing and this school13.19 miles
Public District Grades PK-8
8
/10
Brock Jr High School
300 Grindstone Rd
Distance between this listing and this school15.50 miles
Public District Grades 6-8
6
/10
Millsap Middle School
301 E Brazos St
Distance between this listing and this school16.27 miles
Public District Grades 6-8
Assigned Schools
6
/10
Santo High School
F M 2201
Distance between this listing and this school2.00 miles
Public District Grades 6-12
Nearby Schools
6
/10
Lipan High School
211 N Kickapoo St
Distance between this listing and this school9.70 miles
Public District Grades 7-12
4
/10
Gordon School
112 Rusk
Distance between this listing and this school10.19 miles
The neighbors living near this home have an average income of $63,942. Most Santo, TX residents have annual incomes between $35k-100k. Most families are married, no kids. Typical level of education for residents in this area is post secondary degree.
All data provided by Home Junction and Claritas
Frequently Asked Questions About 16000 S Fm 4
What is the listing price of this property?
The listing price of 16000 S Fm 4 property is $1,800,000.
What type of property is this?
The property 16000 S Fm 4 is a house located in Santo, Texas, 76472.
Is this property for sale now?
Active Listing: 16000 S Fm 4 is For Sale (Active/New) which means the seller is accepting offers.
What are the assigned schools for this property?
The assigned schools for 16000 S Fm 4 are: Santo Elementary School: GreatSchools Rating 7/10Santo High School: GreatSchools Rating 6/10
How many bedrooms and bathrooms does this property have?
The property at 16000 S Fm 4 has 9 bedrooms and 8 full and 1 half bathrooms.
What is the square footage of this property?
The property 16000 S Fm 4 is 6,854 SqFt (source: MLS/tax record).
Which year was this property built?
The year of construction for 16000 S Fm 4 is 2023.
This home is located at 16000 S Fm 4 in Santo, TX and zip code 76472. This 6,854 square foot home, which was built in 2023, sits on a 3.89 acre lot. Features: 9 bedrooms, 9 bathrooms. It has been listed on Rocket Homes since October 21, 2024 and is currently priced at $1,800,000.
The number of listings in Santo, TX increased by 12.5% between September 2024 and October 2024. Listings spent 67 days on the market in October 2024, and had a median list price of $579,000 during the same period.
From Rocket Homes Real Estate and based on county public records data.