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About the Listing MAV00SV - 0692709
Multi-Use Investment Opportunity with Multiple Income Streams! Positioned on 3.44 well-maintained acres just outside the city limits in the highly desirable Santo area, this versatile property offers exceptional potential for investors, entrepreneurs, or those seeking a live-work setup. With multiple residential units, guest accommodations, and a large insulated shop with office space, the property is well-suited for a variety of income-producing uses. The primary residence spans approximately 1,991 square feet and includes two bedrooms, two bathrooms, a spacious living area, utility room, and a large game room, along with a covered carport and patio. This structure could serve as a primary residence, long-term rental, or short-term rental unit. A second residence totaling approximately 840 square feet features two bedrooms, one bathroom, a full kitchen, living room, utility room, outdoor shower, and covered porches. This home provides additional rental income potential or housing for employees, extended family, or guests. An additional 144-square-foot cottage offers flexible use as a guest suite, office space, studio, or additional short-term rental. Supporting the property is a 30×40 foam-insulated shop complete with a 20×15 office and bathroom, making it ideal for a variety of business operations, workshop space, storage, or commercial service use. Utilities include co-op water servicing one residence and a private water well servicing the second residence, enhancing operational flexibility. Conveniently located between Stephenville, Granbury, Mineral Wells, and Gordon, the property offers strong regional accessibility while maintaining a rural setting ideal for residential rental, short-term lodging, home-based businesses, or mixed-use investment. This unique property provides multiple structures and diverse revenue opportunities in a growing North Texas market.
Listing Highlights
Interior Details
- Bedrooms: 0
- Bathrooms: 0 Full
- Appliances:
- Air Cond: Ceiling Fan(s),Central Air,Wall Unit(s)
- Heating: Central,Electric
- Fireplaces:
- Floor: Concrete,Laminate
- Above Ground Sq Ft:
- Below Ground Sq Ft: n/a
- Basement:
- Other: ADU
- Water:
Exterior Details
- Lot Description: Acreage,Agricultural,Hilly,Lrg. Backyard Grass,Many Trees,Tank/ Pond,3 to < 5 Acres
- Garage Capacity: N/A
- Zoning: not zoned, no restrictions
- Roof: Metal
- Others: Preowned
- Sewer:
- Parking Features: Attached Carport,Covered,Driveway,Electric Gate,RV Access/Parking,Secured
Financial Details
- Tax Amount: N/A
- Taxes w/Assessments: N/A
- Tax/Property ID: 5139
- Tax Year: N/A
Payment Calculator
Monthly Payment
- in Principal and Interest
- in Taxes
Questions About..
20531 S Farm-market 4 Lipan, TX 76462
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