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$105,000

NAL Estimated Property Value

TBD W New Hope Road, Santo, TX, 76472

Off MarketInfo
Baths0 Bath
Unimproved LandUnimproved Land

About this property

Discover your perfect slice of Texas in this stunning 5-acre, tree-covered property nestled in the heart of Palo Pinto County. Whether you're dreaming of a peaceful weekend escape or your forever home, this land offers the ideal setting. Conveniently located just minutes from both Lake Palo Pinto and the renowned Possum Kingdom Lake, outdoor adventure is always close by. The property is part of the highly regarded Santo ISD and features a seasonal creek that adds charm and natural beauty to the landscape. As a part of River Canyon Ranch, you'll enjoy access to a private community recreation area with direct entry to the Brazos River — perfect for fishing, kayaking, or relaxing by the water. Plus, the property benefits from an ag exemption with minimal upkeep requirements, making it as practical as it is picturesque.

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Rent-to-Value Ratio: 0.72%
Rent Estimate
$630 /month
Positive
Cash Flow Estimate:
$210 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$X/month
$900/month
5.947%

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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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: Santo

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TBD W New Hope Road | Property Details | No Agent List