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2040 Kanza Rd
Yates Center, KS 66783
Matt Wonser with L2 Realty, Inc, original listing - (620) 577-4487
$759,000
Conventional
Property
Bedroom
3
Bathroom
Full: 1
Property Type
Conventional
Square ft
1232 Square Feet
Property Description
Welcome to your perfect rural retreat, a haven for families looking to escape the hustle and bustle of everyday life. This charming one-story ranch house, built in 1980, offers 1,232 square feet of updated living space, featuring three cozy bedrooms and a modern bathroom. The home is tucked into a peaceful, secluded location, making it an ideal weekend getaway for those seeking a rural lifestyle. Step into a warm, welcoming interior that has been thoughtfully maintained and upgraded to meet the needs of today's buyers. Imagine enjoying your morning coffee on the porch while listening to turkeys gobble from the back porch. Having a house right on your getaway property means no more packing and unpacking for every trip-just show up and relax. It's the perfect balance of comfort and convenience for families or hunting groups traveling from afar. The property is a true outdoor enthusiast's paradise, offering nearly 130 acres of picturesque land to explore. Duck Creek flows through the property, accompanied by smaller tributary creeks that enhance the amount of wildlife that pass through this acreage. Big, mature trees provide shade and a classic, rural charm, while the UTV trails wind through the woods, water, and fields, offering countless opportunities for adventure. For the hunters in the family, this property delivers top-notch deer and turkey hunting, with abundant wildlife to make every outing memorable. The fishing pond, also suitable for duck hunting, is an excellent spot to cast a line or enjoy quiet afternoons by the water. Whether you're walking the trails, setting up for a hunt, or simply soaking in the scenery, this land offers something for everyone. One of the property's standout features is the incredible 40x60 shop, a dream come true for any hobbyist or craftsman. Complete with concrete floors, overhead doors, and walk-through access, this space is built to handle projects of any scale. The shop is as practical as it is impressive, providing ample room for storage, equipment, and workspace. In addition to the shop, multiple outbuildings are available to store your gear, tools, or even recreational vehicles. Whether you're working on a passion project, maintaining hunting equipment, or simply organizing supplies, this property is equipped to meet your needs. The infrastructure is not just functional but adds an element of luxury to your rural escape. The land itself offers more than just recreational opportunities; it's a working investment. Tillable fields rented to a local farmer generate a return on investment, making this property both enjoyable and practical. South of the house, hay production fields add further utility and income potential. The combination of agricultural acreage and recreational land strikes the perfect balance for those who want to enjoy the rural lifestyle without sacrificing practicality. This property is ideal for families who value a mix of relaxation and productivity, all while soaking in the beauty of the Kansas countryside. Recap of Features: -1,232 sq ft, updated one-story ranch house (3 bedrooms, 1 bathroom) -40x60 shop with concrete floors, overhead, and walk-through door -Multiple outbuildings for storage -Over 80 acres of land, including two farms qualifying for a nonresident deer tag -Duck Creek and smaller tributary creeks -UTV trails through woods, water, and fields -Top-notch deer and turkey hunting, fishing pond, and duck hunting -Hay and agricultural acreage for income potential -Secluded location perfect for weekends and holidays -This property is a rare find that blends comfort, adventure, and practicality, offering the ultimate rural lifestyle for families who love the outdoors. Come and see it for yourself-you won't want to leave!
Property Information
Lot Size
130 acre(s) square ft
Property Type
Residential-Single Family Residence
Year Built
1980
MLS Number
--
Location
Address
2040 Kanza Rd
City
Yates Center
State
KS
Zip Code
66783
County
WOODSON
Listing
Provider
L2 Realty, Inc, original listing
Name
Phone
(620) 577-4487
Office Name
Office Phone
(620) 577-4487
Agent Name
Matt Wonser
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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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.