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$425,000

Est. payment - /mo

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8 Beds

5 Baths

6.96 Acres Lot

New

1946 N Bosley Road Santo, TX 76472

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Daniel Burke

homes@burkedfw.com +1(469) 305-0167

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Key Details

Property Type Single Family Home

Sub Type Multiple Single Units

Listing Status Active

Purchase Type For Sale

Subdivision Na

MLS Listing ID 21381761

Bedrooms 8

Full Baths 5

HOA Y/N None

Total Fin. Sqft 4342

Year Built 2001

Annual Tax Amount $2,828

Lot Size 6.956 Acres

Acres 6.956

Property Sub-Type Multiple Single Units

Property Description

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.

Location

State TX

County Palo Pinto

Direction From US 281 and I20 intersection, go west on North Service Rd. to North Bosley Rd. Turn North on North Bosley Rd. Go about 2 miles; the property is on the West. SOP

Interior

Interior Features Open Floorplan

Heating Electric

Cooling Electric

Flooring Carpet, Laminate

Appliance Electric Oven, Electric Water Heater

Heat Source Electric

Exterior

Fence Barbed Wire

Utilities Available Co-op Water, Electricity Connected, Gravel/Rock, Septic

Roof Type Composition

Accessibility Accessible Approach with Ramp, Accessible Entrance

Garage No

Building

Lot Description Acreage, Adjacent to Greenbelt, Few Trees

Story One

Foundation Pillar/Post/Pier

Level or Stories One

Structure Type Siding

Schools

Elementary Schools Santo

Middle Schools Santo

High Schools Santo

School District Santo Isd

North Texas Real Estate Info Systems (NTREIS) -MetroTex and Collin County (CCAR)

Listed by Marty Logan • SOURCE 1 REAL ESTATE

Nearby Locations

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Daniel Burke

Team Leader License ID: 0671405

+1(469) 305-0167