Courtesy: SOURCE 1 REAL ESTATE
940-325-9144
Maximize your portfolio with this potential high-yield, triple-income investment property in Santo, Texas. Uniquely positioned for positive cash-flow, this expansive 6.956-acre property features three distinct homes that combine for a total of 8 bedrooms, 5 bathrooms, and 4,342 square feet of rentable living space. This is the ultimate value-add BRRRR project or equity-builder for a seasoned investor while all three homes require repairs and a renovation budget, the seller is highly motivated. Whether you are looking to do a full cosmetic overhaul, tackle structural updates, or execute a staggered renovation while living on-site, this property offers a blank canvas to build substantial equity. Investors will love the hassle-free logistical setup, a common entrance provides easy access, but utilities are completely independent for each dwelling. The property's housing mix includes A spacious 2,118 sq. ft. Solitaire double-wide (3 Bed 2 Bath). A 1,216 sq. ft. single-wide mobile home (3 Bed 2 Bath), providing an in-demand, family-friendly layout that requires repairs but could have an exceptional dollar-per-square-foot rental return once brought up to market standards. The Detached House A rustic 1,008 sq. ft. traditional single-family residence (2 Bed 1 Bath) built in 1910, offering a completely independent, site-built historic structure. Bring your tools, and your investment vision, this is a rare opportunity to purchase from a motivated seller, force potential immediate appreciation through rehab, and scale your portfolio with a potential high-cap-rate asset. Seller is in the midst relocating so homes are cluttered. Buyer to verify all information independently.
Santo is located in Texas. Santo, Texas has a population of 308. Santo is more family-centric than the surrounding county with 61.29% of the households containing married families with children. The county average for households married with children is 23.76%.
The median household income in Santo, Texas is $62,984. The median household income for the surrounding county is $59,796 compared to the national median of $69,021. The median age of people living in Santo is 28.2 years.
The average high temperature in July is 95.8 degrees, with an average low temperature in January of 30.8 degrees. The average rainfall is approximately 33.2 inches per year, with 0.5 inches of snow per year.
