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7023 Wolters Road
Schulenburg, TX 78956
Chip Bubela with Bubela Real Estate, original listing - (Sch) ule-nbur xg9797434555
$5,200,000
Conventional
Property
Bedroom
5
Bathroom
Full: 6
Property Type
Conventional
Square ft
5412 Square Feet
Property Description
Introducing a once-in-a-lifetime opportunity: Circle K Ranch, a sprawling 165.96-acre estate reminiscent of the iconic 1978 TV series "Dallas," nestled at 7023 Wolters Road, Schulenburg, TX 78956. This extraordinary property offers breathtaking views and dramatic elevation changes of up to ?70 feet, providing an unrivaled sense of grandeur and exclusivity. The centerpiece of this remarkable estate is the main house, exuding timeless elegance and offering an array of luxurious amenities. The ground floor boasts a full utility room, a half bath, a formal dining room, a spacious living room, and a well-appointed kitchen featuring granite counters, black appliances, and pantry. The living area also encompasses a full bar with a sink, seamlessly integrated into the open living area. A cozy breakfast nook and a grand foyer entrance with a coat closet add to the allure of the main level. Additionally, a beautiful office with custom bookshelves, a wood-burning fireplace, and tile flooring throughout enhance the home's appeal. Ascend the grand staircase to discover the upper level, where the master bedroom beckons with its own private balcony, a wood-burning fireplace, his and her closets, and a sumptuous ensuite bath boasting a Jacuzzi-style tub, a separate shower, and double vanity sinks. Plush carpeting graces the floors of the upper level, providing a sense of opulence and comfort. Additionally, two generously sized bedrooms each feature their own ensuite full baths, offering both privacy and convenience for family and guests. The estate also includes a charming guest house, replete with its own delightful amenities. The ground floor features a welcoming living area with a wood-burning fireplace, a full bar with a sink and fridge, and a convenient half bath, all adorned with elegant tile flooring. Upstairs, two full beds with ensuite baths and his and her walk-in closets provide comfortable accommodation. A 4-car garage with openers on all bays, along with a spacious game room, offers both practicality and entertainment options. Adding to the allure, the property has pipe fences and features a horse arena on the north end, providing an ideal space for equestrian pursuits, as well as well appointed horse barn that caters to the needs of both horses and their caretakers. Further enhancing the functionality of the estate, three water wells ensure a reliable water supply, while a hay and equipment barn provides essential storage space for agricultural operations. The estate?s allure is amplified by its improved pastures, hay meadows, and a lake stocked with trophy bass, offering an idyllic setting for outdoor recreation and leisure. Additionally, four custom feeder tanks and access to Brushy Creek further enhance the properties appeal, providing opportunities for fishing, wildlife observation, and outdoor nature experiences. Boasting an impressive 3500+ feet of road frontage on Klekar-Gin Road and 2000+ feet on Wolters Road, this estate offers unparalleled access and convenience. Additionally, a sparkling pool provides the perfect setting for relaxation and recreation, completing this magnificent property. Don't miss the chance to own a piece of Texas history and experience the epitome of luxury living at Circle K Ranch. Schedule your private viewing today and prepare to be captivated by the timeless allure and grandeur of this exceptional estate.
Property Information
Lot Size
165 acre(s) square ft
Property Type
Farm-Farm
Year Built
1998
MLS Number
--
Location
Address
7023 Wolters Road
City
Schulenburg
State
TX
Zip Code
78956
County
FAYETTE
Listing
Provider
Bubela Real Estate, original listing
Name
Phone
(Sch) ule-nbur xg9792216679Flatonia3617414890
Office Name
Office Phone
(Sch) ule-nbur xg9797434555
Agent Name
Chip Bubela
Agency Phone
(Sch) ule-nbur xg9797434555

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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.