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$348,279

NAL Estimated Property Value

623 Santa Fe St, Keene, TX, 76059

Off MarketInfo
Beds2 Beds
Baths1 Bath
Baths1,570 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$190.45 / sqft
Year BuiltBuilt in 1979

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 1Bathrooms Full 1
AppliancesGas Cooktop, Gas Oven, Microwave, Refrigerator
FlooringCarpet, Laminate

Exterior

Exterior FeaturesKennel
Lot Size6.10 acres

Building Information

Year Built1979
Garage Spaces2

Land Information

APN126.0033.00510
Land UseResidential
Legal DescriptionABST 33 TR 51,52 C H BARKER
Census Tract130303
Assessed Land Value$274,410
Assessed Improvement Value$73,869
Assessment Year2025

About this property

HUGE PRICE REDUCTION FOR A QUICK AND IMMEDIATE SALE! Beautiful 6 coastal acres fully fenced with a small 2 bedroom 1 bath home. Raise your horses, chickens, pigs, cows, and be surrounded by peace and quiet. The small house has been remodeled and is very livable. We have reduced the price significantly on this one, so come and get it! Now is the time to make this your new home and mini ranch. The area is exploding. New roads and freeways going in everywhere. New mega gas stations and grocery stores coming to the area soon. Just a few minutes south on the toll road and you are at this property. Conveniently located and easy to get to all parts of the metroplex. Capitalize on the beauty of this land and 6 acres and the massive price reduction. Price reduced exactly where seller needs to be. There is no more room for negotiations, but this is an amazing opportunity for the buyer looking for land at an amazing price. Hurry! It's gonna go fast at this price.

Investor Tools

Property Icon
$348,279
Estimated Property Value
$97,257Estimated Mortgage Balance
$251,022Estimated Equity
72% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,090 /month
Positive
Cash Flow Estimate:
$697 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$830/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$8,220
$348,279
2025
$274,410
$73,869
$348,279
No

Tax History

Year
Tax Paid
Assessed Value
2025
$8,220
$348,279

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
New American Funding
Conventional
$99,000
No
First
May 16, 2025
Jun 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$97,257
$251,022
72%
28%
$594/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,927/mo
$594/mo
+$1,333/mo
6.6%

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.

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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: Keene

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623 Santa Fe St | Property Details | No Agent List