$350,000
 $1,987 est/mo Sourced by Back At You

12320 Fm 1764 Road,Santa Fe, TX 77510

Santa Fe, TX 77510

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Description

This exceptional property offers a rare opportunity for investors seeking a high-performing asset with substantial upside potential. Two-thirds of the property is already leased, providing stable, consistent rental income. Newly converted 1-bedroom apartment. The remaining third of the property is currently configured as a dog grooming business, which can be easily converted into a 2-bedroom apartment or another commercial use, maximizing the property’s revenue potential. Recent Improvements: Upgraded interior finishes enhance tenant appeal. Ideal for owner-operators to live onsite while generating rental income or for investors to lease all units for maximum ROI. High-Traffic Location: Proximity to local businesses and community hubs drives demand for both residential and commercial tenants. Additional revenue streams by repurposing the underutilized space. This is a unique opportunity to acquire a property with a proven income history excellent location with room for growth.

Details

MLS #39647264
Listing TypeFor Sale
StyleHouse
Sub-TypeResale
StatusActive
Year1982
Days On Site520
Listing Provided ByKeller Williams Realty Southwest | Amy Wokoun

Features

Bed(s)2
Bath(s) 2 Total
SQ Feet2,284
PoolYes
Story(s)1
Acreage0.76

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Learn More About This Property

StateTX
CountyGalveston
CitySanta Fe
Zip Code77510
Area33
SubareaSanta Fe
Community NameThamans 1st Sub
School District45 - Santa Fe
Elementary SchoolWILLIAM F BARNETT ELEMENTARY SCH
Middle SchoolSANTA FE JUNIOR HIGH SCHOOL
High SchoolSANTA FE HIGH SCHOOL
Listing VS Median (in Thamans 1st Sub)
Price:
$350,000
low | high
Med:
$542,500
5% of Average
SqFt:
2,284
low | high
Med:
3,051
16.418563922942% of Average
$ / SqFt:
$153
low | high
Med:
$185
28.993967445005% of Average
On site:
520
low | high
Med:
34.500000
100% of Average
Sourced by Back At You
Nearby Listings (Within 1/2 mile)
Price: $262K - $437K
SqFt: 1,500 - 2,500
Listing Updated: April 25, 2025 at 8:28:17 PM PDT