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00000 Road 30
Elk City, KS 67344
Jake Kolb with L2 Realty, Inc, original listing - (620) 577-4487
$188,550
Conventional
Property
Bedroom
--
Bathroom
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Property Type
Conventional
Square ft
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Property Description
Situated in a secluded rural area, this 41.9-acre property offers a perfect blend of natural beauty, outdoor recreation, and potential building opportunities. Located just 2 miles from HWY 160 and within easy driving distance of Independence, KS, Bartlesville, OK, Tulsa, OK, and Wichita, KS, this land provides a peaceful escape with excellent accessibility. For those seeking agricultural use, the property is well-suited and currently utilized for cattle grazing. Warm-season native grasses cover most of the acreage, offering excellent grazing opportunities, while two ponds provide a reliable, year-round water source. Additional seasonal water sources include multiple wet-weather drainages that run through the property. These timber-lined wet-weather drainages also create natural travel corridors for the resident whitetail deer and turkey populations, making this property truly shine as a recreational retreat. With a large, low-pressure ranch to the east and destination agricultural fields to the west, this small acreage hunts much larger than it appears. Recent trail camera photos show natural wildlife movement, and the property offers excellent potential for further enhancement. A deep-soil, secluded area located between two drainage ditches is an ideal spot for a food plot or supplemental feeding location. The timber-lined drainages also provide prime tree stand locations and essential cover for wildlife. Additionally, various areas of the property are beginning to grow buckbrush, which, without grazing pressure, could further enhance wildlife cover and create potential bedding areas. With elevation changes of over 80 feet, the property boasts stunning views and diverse terrain, in a region historically known for producing trophy whitetails. The property also offers excellent building site potential. Electricity runs through the back of the property, and rural water is available, making it ideal for a weekend retreat, hunting camp, or full-time residence. Whether you're seeking a recreational haven, a hunting property, or a quiet place to build your dream home, this land is a rare find. Don't miss your chance to own a stunning piece of property in a highly sought-after area where smaller parcels are hard to come by. All mineral, oil and natural gas rights will transfer. 41.9 Total Acres Historic Trophy Whitetail Area Cattle Grazing Opportunities 2 Ponds Multiple Wet Weather Drainages Elevation Changes of over 80 foot Potential Food Plot Locations Property connects bedding and feeding Whitetail Deer Hunting Opportunities Turkey Hunting Opportunities Potential Build Site Electric Available Rural Water Available Secluded Rural Area 2 miles from HWY 160 25 miles from Independence, KS 52 miles from Bartlesville, OK 93 miles from Tulsa, OK 98 miles from Wichita, KS
Property Information
Lot Size
41 acre(s) square ft
Property Type
Land-Other
Year Built
--
MLS Number
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Location
Address
00000 Road 30
City
Elk City
State
KS
Zip Code
67344
County
MONTGOMERY
Listing
Provider
L2 Realty, Inc, original listing
Name
Phone
(620) 577-4487
Office Name
Office Phone
(620) 577-4487
Agent Name
Jake Kolb
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.