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0000 Rt 1
Welda, KS 66091
Preston Frazell with L2 Realty, Inc, original listing - (620) 577-4487
$975,198
Conventional
Property
Bedroom
--
Bathroom
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Property Type
Conventional
Square ft
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Property Description
Welcome to Bucks and Bushels. This farm, located in Anderson County in Southeast Kansas, gives one the unique opportunity to own a stunning 232-acre parcel that combines lucrative farmland and exceptional recreational features. This property has 160+/- acres of great income producing tillable. From boone & crockett deer, large strutting toms, and ducks and geese bombing the tillable acreage you will see why this property is a rare gem, offering a perfect blend of productivity and natural beauty. Normally I would begin with highlighting the farmland and return on investment, but recent trail cameras have shown a Boone and Crocket whitetail living on this property. As you will see in the videos and pictures, this whitetail will be one to impress even the most seasoned outdoorsman. After taking one look at the diverse landscape that this farm offers you will see why it will provide excellent deer and turkey hunting year after year making this property a sportsman's paradise. Aside the amazing hunting opportunities, the 160 t/- acres of tillable farmland is producing a great return for upland tillable. The current tenant has done a great job taking care of the land and would love the opportunity to continue to do so in the future. The high yielding crops and layout make it an excellent investment for any agricultural enthusiast or investor looking to capitalize on good returns. Moving back to the recreational side of things, close your eyes and invision this. You have just purchased the farm of your dreams and have placed your stands strategically on the various pinch points on this farm. You are sitting on the edge of Cedar Creek which runs through the middle of the property in a large hardwood 20 ft up. The morning starts off with a flock of turkeys coming off the roost and large group of ducks circling the field. As you are taking all of this in you suddenly hear a deep grunt and your heart about stops. You slowly turn your head looking down the mature hardwood corridor lining Cedar Creek to see the Booner that you have hundreds of pictures of headed directly to you. Now open your eyes and ask yourself this: Why wouldn't you want to make this a reality? The productive farmland and recreational amenities this property offers provides significant potential for both short-term income and long-term appreciation. The combination of agricultural productivity and natural features makes this farm a versatile investment opportunity. Don't miss out on this chance to own the farm of your dreams. Property highlights 160 t/- acres of the 232 farm currently in tillable acres Boone & Crockett whitetail documented living on this property currently (see pictures) Cedar Creek running through the heart of the property creating live water all year and great fishing opportunities Mature hardwoods along the creek Farm located just west of Welda, KS 4 miles 1 hour from KC, 2 hours 20 minutes from Wichita, 2 hours 39 minutes from Tulsa
Property Information
Lot Size
232 acre(s) square ft
Property Type
Land-Other
Year Built
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MLS Number
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Location
Address
0000 Rt 1
City
Welda
State
KS
Zip Code
66091
County
ANDERSON
Listing
Provider
L2 Realty, Inc, original listing
Name
Phone
(620) 577-4487
Office Name
Office Phone
(620) 577-4487
Agent Name
Preston Frazell
Agency Phone
(620) 577-4487

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HUD foreclosures and VA Foreclosures are some of the best homes to buy when price is part of the equation. As with most Americans, price is always a concern. If not buying the same house for less, why not buy more house for the same dollar invested? When looking for a good deal it is hard to do better than the VA or HUD foreclosures market. The simple truth is that there are just more VA and HUD homes on the market, as they represent such a large number of mortgages that are generated each year. This translates into more foreclosures just by the magnitude of difference between all others comparing to the two largest. The two largest also being government owned and operated means that they have less time to wait to make money back on the home. The FHA is especially known for selling HUD homes for less than the average sales price in a given area. FHA foreclosures represent a fraction of HUD but they are still a significant number of homes and both should be considered. VA (Veterans Administration) and HUD (Housing and Urban Development) have different and unique opportunities for the buyer. Both are often forgiven for the local taxes normally associated with the purchase of a home (this is on a county by county basis). Be sure to ask the local title company or escrow company to look into it for you before closing as this is often missed due to their are not used to dealing with the 2 to 3 percent of the market that VA and HUD foreclosures represent.

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Foreclosure Listings Increasing

As the market settled after the mortgage meltdown foreclosure listings also settled and fewer homes were on the market with a placard reading “Bank Foreclosure” in big red lettering. This was a good thing for the entire real estate market. Having an abundance of foreclosures brings the entire market down and it makes it harder for home owners, who would like to move, to get the appropriate price for their home as a similar home down the same street was sold for substantially less and the appraiser is using the foreclosure as a comparable sale. This is just one of the problems when there are too many foreclosure listings in any area. Another issue is the television set that sits in everyone’s living room harping about the price of homes based on the number of foreclosures and this constant barrage of negative information makes most people sit on the sidelines waiting for the market to either implode completely or to correct itself. Meanwhile while they wait, others are buying foreclosure listings and making great investments. Whatever the reason, a market can only handle so many foreclosure listings at any given time. The more foreclosures, the lower the market gets and this is a lesson the banks that were foreclosing and selling off realized too late. The market and their investments would have been better off if there had not been a rush to divest themselves of the toxic assets made more toxic by their own actions.