Thescottmichaelsgroup.com Search Results

$399,000

Discover the ultimate multi-family compound and country retreat on an expansive 6.956 acres in Santo, Texas. Perfect for multi-generational living, a family homestead, or a live-in property investment, this unique acreage features three distinct homes combining for a total of 9 bedrooms, 5 bathrooms, and approximately 4,342 square feet of living space. If you are looking for a property where your extended family can live close together while maintaining complete independence and privacy, this is the perfect canvas. While all three homes require repairs and updating, the seller is highly motivated and has priced the property to allow you to customize each space exactly to your family's tastes and needs. The property features a brilliant logistical setup designed for seamless communal living: a common gated entrance welcomes you to the acreage, yet each home operates completely independently. Every dwelling boasts its own private water tap, electrical meter, and septic system, ensuring total privacy and separate utility tracking for each household. The compound includes three separate residences spread across nearly 7 beautiful acres, A spacious 2,118 sq. ft. Solitaire double-wide (4 Bed 2.5 Bath) built in 2001. Renowned for their heavy-duty construction and residential drywall interiors, The Second Home A highly functional 1,216 sq. ft. single-wide manufactured home (3 Bed 2 Bath), offering a fantastic secondary space for adult children, in-laws, or guests that needs a little TLC to shine. The Guest Cottage: A rustic 1,008 sq. ft. traditional single-family residence (2 Bed 1 Bath) built in 1910. This historic, site-built structure is a prime candidate for a classic farmhouse restoration. Bring your tools, your family, and your country living dreams—this property is a rare find with endless potential. Buyer to verify all information independently.

4 Beds ⋅ 3 Baths ⋅ 21381852 MLS

1774 N Bosley Rd, Santo

$399,000

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.

8 Beds ⋅ 5 Baths ⋅ 21381761 MLS

1946 N Bosley Rd, Santo