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$450,000

3121 Fm 646 Rd N, Santa Fe, TX, 77510

On MarketInfo
Just AddedInfo
Beds3 Beds
Baths2 Bath
Baths1,991 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$226.02 / sqft
Year BuiltBuilt in 2002

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Heating CentralHeating Central
CoolingCooling

Exterior

Lot Size1.46 acres

Building Information

Year Built2002
Stories1
Roof Type105

Land Information

APN7055-0000-0035-003
Lot Number35
SubdivisionThamans 1st Sub
Land UseResidential
Legal DescriptionABST 1 M AUSTIN SUR PT OF LOT 35 (35-3) F H THAMAN SUB
Census Tract723300
Assessed Land Value$232,610
Assessed Improvement Value$304,850
Assessment Year2025

About this property

This 3/4 Bedroom, 3 Bath Home has been well maintained and sits on almost 1.5 acres. The rear of the property is fully fenced, and the property also boasts a large storage building that is in fantastic condition. Also, it is "COOP" ready, but easily can become a plant nursey or covered parking. The home also boasts a converted garage: Studio Apartment/Guest House/In-Law Suite with full bath and kitchenette- The converted garage may also be perfect for that side business such as a salon! Own a slice of the country in Santa Fe... Plenty of room for horses, convenient to shopping, schools, restaurants, and recreation! New roof, Both AC replaced about 5 years ago.

Investor Tools

$101,611Estimated Mortgage Balance
$344,755Estimated Equity
77% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,700 /month
Positive
Cash Flow Estimate:
$900 /month

Interested in this property?

Lin Huang

KingFay Inc

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$493/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,690
$446,366
2025
$232,610
$304,850
$537,460
No

Tax History

Year
Tax Paid
Assessed Value
2024
$3,690
$446,366

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Envoy Mortgage Ltd
Fha
$160,719
Yes
First
Mar 29, 2011
Apr 2041

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$101,611
$344,755
77%
23%
$0/mo

Learn About the Market: Opportunity in Texas

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Explore

Texas

Living in Texas means access to four of the nation’s most dynamic metro economies — Dallas–Fort Worth’s corporate and logistics powerhouse, Houston’s global energy and medical hub, Austin’s tech-driven and culturally iconic Live Music Capital of the World, and San Antonio’s historic yet steadily expanding military and healthcare center. The state blends economic scale with cultural significance, rooted in independence, entrepreneurship, and a strong sense of place — from Friday night football to world-renowned barbecue and music festivals. For homebuyers, Texas offers comparatively attainable housing, no personal income tax, and master-planned communities built around space and convenience; for investors, continued population growth, business relocation, and diversified industries create sustained demand across urban cores, suburbs, and emerging secondary markets.

Explore Texas Explore This Area
Population Growth

Population Growth

~1.3% annually

Net Migration

Net Migration

Positive

Median Home Price

Median Home Price

$283,800

Unemployment Rate

Unemployment Rate

4.3%

Price Trend

Price Trend

Flat

New Permits

New Permits

158,121

City: Santa Fe

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3121 Fm 646 Rd N | Property Details | No Agent List