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Owner Contacts

$225,000

NAL Estimated Property Value

4021 Avenue M, Santa Fe, TX, 77510

Off Market

2 Beds

1 Bath

837 Sq Ft

Single Family Residence

$268.82 / sqft

Built in 1950

Property Lead Type:

Absentee Owner

Highlights

Interior

Bedrooms 2

Bathrooms Full 1

Garage Available

Heating Floor/Wall

AppliancesElectric Oven, Electric Cooktop, Electric Range, Oven

FlooringVinyl

Exterior

Lot Size1.91 acres

Building Information

Year Built1950

Stories1

Roof Type105

Garage Spaces2

Land Information

APN1095-0000-0254-003

Lot Number254

SubdivisionAlta Loma Outlots

Land UseResidential

Legal DescriptionABST 149 E MITCHELL SUR PT OF OUTLOT 254 (254-3) ALTA LOMA OUTLOTS

Census Tract723300

Assessed Land Value$153,330

Assessed Improvement Value$115,680

Assessment Year2025

About this property

In the heart of Santa Fe, this home sits on almost 2 acres, there is plenty of room to build your dream home on this property and use the existing home as a Guest House or rental after, seller will provide his old survey showing 157.91' of Road frontage and 527.8' deep. ~3/2019, New WPI-8 Roof, Vinyl Plank Flooring, Extended side covered porch, utility room moved inside, Remodeling included extensive electrical, plumbing and painting as well in 2019. Great location for easy commute to I45, FM 646, FM1764, Hwy 6 or even FM 2004. 'City Water' service was also run to the home, so no well needed, however there are 2 existing wells on the property still and one is still working and can be used for agriculture or gardening etc. Partially fenced with Gorgeous Mature Pecan Trees surrounding the home! This Land is wonderful!!! Home did NOT flood in Harvey per seller. Updated interior pictures to come shortly. Come and take a look and make this gorgeous prime land spot you own!

Investor Tools

$225,000

Estimated Property Value

$187,779Estimated Mortgage Balance

$37,221Estimated Equity

19% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

Calculate ARV

Rent-to-Value Ratio: 0.72%

Rent Estimate

$1,350 /month

Positive

Cash Flow Estimate:

$450 /month

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$223/month

No HOA

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$1,557

$195,072

2025

$153,330

$115,680

$269,010

Tax History

Year

Tax Paid

Assessed Value

2024

$1,557

$195,072

Mortgage Details

Lender

Loan Type

Loan Amount

Assumable

Position

Origination Date

Maturity Date

Network Funding Lp

Conventional

$201,875

First

Aug 15, 2022

Sep 2052

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

$187,779

$44,221

19%

83%

$1,211/mo

Learn About the Market: Opportunity in Texas

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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.

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