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0 Anderson County Road 163
Elkhart, TX 75839
Cody Robertson with Whitetail Properties Real Estate, original listing - (830) 428-0096
$280,000
Conventional
Property
Bedroom
--
Bathroom
--
Property Type
Conventional
Square ft
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Property Description
Nestled just northeast of Elkhart in southern Anderson County, Texas, this 29.73-acre tract offers a unique blend of privacy, versatility, and natural beauty. Fronting along the northern boundary of ACR 163, also known as Blue Ribbon Road, this vacant property is a perfect canvas for your dream homestead or recreational retreat. Its balanced mix of open pastures and wooded areas provides a secluded and serene setting while maintaining excellent access to nearby conveniences. The property features a thoughtful layout with approximately half open and half wooded terrain. A remarkable feature is the wooded perimeter that creates a natural privacy buffer from neighbors and the roadway. Inside, the open areas comprise three interior pastures: a 2.5-acre front pasture, an 8-acre middle pasture, and a 4-acre rear pasture. Each pasture is framed by timber buffers, adding to the property’s homesite appeal and offering an ideal balance of seclusion and functionality. The topography is gently rolling, with elevations ranging from 380 to 410' ASL, providing picturesque views and drainage. A small pond nestled between the front two pastures, surrounded by hardwood trees, enhances the property’s aesthetic and utility. Timber includes a mature mix of hardwoods in the front and pine in the rear, offering both beauty and practicality for future use. Conveniently situated just east of the US Hwy 287 corridor, the property is approximately two miles from Elkhart and less than 10 miles from Palestine. Rural utilities, including electricity and water, are readily available, making development straightforward. Whether you're looking for a peaceful homesite or a multifunctional recreational property, this tract’s accessibility and natural appeal make it a standout option. No signs are on the property but a Whitetail Properties lock is on the gate.
Property Information
Lot Size
29 acre(s) square ft
Property Type
Land-Unimproved Land
Year Built
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MLS Number
--
Location
Address
0 Anderson County Road 163
City
Elkhart
State
TX
Zip Code
75839
County
ANDERSON
Listing
Provider
Whitetail Properties Real Estate, original listing
Name
Phone
(903) 681-0713
Office Name
Office Phone
(830) 428-0096
Agent Name
Cody Robertson
Agency Phone
(830) 428-0096

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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.