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1002 Patton Road
Valley Mills, TX 76689
$1,399,000
Conventional
Property
Bedroom
4
Bathroom
3
Property Type
Conventional
Square ft
2701
Property Description
Welcome to the epitome of rustic elegance and enchanting homestead living on this GORGEOUS 25.3+/- acre farm. Nestled amidst sprawling landscapes, this idyllic property captures the essence of serene country living all while offering a harmonious blend of comfort and charm! As you approach the property, a white picket fence welcomes you, creating a sense of anticipation for the rural haven that lies beyond. The stunning farmhouse is a Southern Living featured floor plan and design with hints of custom choices making every inch of this home intentional, cozy and awe-inspiring. The interior features 4 spacious bedrooms, 2.5 bathrooms, a large pantry and laundry room and a wonderful open-concept floor plan throughout. You will also step into a world where tradition meets modern convenience. The heart of this homestead is a meticulously designed farmhouse kitchen, adorned with rustic finishes and state-of-the-art appliances. Gather around the large family table, where stories are shared and memories are made, or retreat to the cozy living room, featuring a gas fireplace that beckons on chilly evenings with a quick push of a button. The master suite is a sanctuary of comfort with tons of natural light and views of the surrounding acres. The additional bedrooms provide ample space for family and guests, each thoughtfully appointed and intricately designed. Outside, the property unfolds like a canvas of rural beauty from every angle off the front and the back porches. There is a large 30’ x 60’ workshop that’s spray foam insulated with a lift, 220 amp hook-ups that also has water and electric already in place. There is a second workshop that’s currently being used as a machine shed with massive sliding barn doors as well as roll up doors in the back. There is a STUNNING barn to the left of the home that is ready for your herd! Featuring everything you need to to service your cows that also has water and electric in place as well as a large storage area upstairs. One of the coolest features of this property is the thriving gardening set-up with established blackberries, raspberries, asparagus, strawberries and much more. There are fruit trees including peach, nectarine, plum and pear. You will enjoy gardening with the many convenient amenities that are already in place including the garden shed, irrigation and raised beds in several places. The garden, fruit trees and milking capabilities add a touch of self-sustainability, allowing you to embrace the farm-to-table lifestyle. Whether you're sipping your morning coffee on the porch, tending to the garden, or enjoying a sunset horseback ride, this homestead farm and ranch house is a sanctuary where the pace of life slows down, and tranquility takes center stage. Experience the beauty of nature, the warmth of community, and the timeless appeal of country living in this exceptional property that embodies the spirit of a true homestead.
Property Information
Lot Size
25 acre(s) square ft
Property Type
Residential
Year Built
2019
MLS Number
219969
Location
Address
1002 Patton Road
City
Valley Mills
State
TX
Zip Code
76689
County
BOSQUE
Listing
Provider
Texas Luxury and Land, original listing
Name
Texas Luxury and Land
Phone
(254) 978-2596
Office Name
Texas Luxury and Land
Office Phone
(254) 978-2596
Agent Name
Haley Holden

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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.