Information You MUST be pre-qualified before buying a Home.
Get pre-qualified by filling out our easy, 3 step form!
218 Lcr 793
Groesbeck, TX 76642
$1,300,000
Conventional
Property
Bedroom
2
Bathroom
2
Property Type
Conventional
Square ft
--
Property Description
The Miller Ranch is a beautiful turn-key multi-use ranchette located 1 hour from Waco and 5 minutes from Lake Limestone. The 47-acre mix of open pasture and hardwoods offers the gentleman rancher the opportunity to raise cattle and horses while also hunting and fishing. The main ranch house is a 2016 two-story 2/2 custom built home with over 2,100 sqft of living space and upstairs loft with stained concrete floors, a combination of poplar and pine walls and ceilings on the interior and cedar plank siding on the exterior with metal roof. The backyard features a fiberglass inground and heated pool installed in 2021 with surrounding wood deck patio. There is also a 1,000 sqft metal carport built in 2019 that can accommodate 4 cars. There is a 1,500 sqft metal barn built in 2016 that features 900 sqft of open shop areas accessed via large rollup bay door, an upstairs 600 sqft climate-controlled storage room, and a 600 sqft climate-controlled ground-floor entertainment area that includes wet-bar kitchenette and bathroom perfect for hosting parties and family get togethers. There is a small 390 sqft 1/1 guest house next to the metal barn built in 2016 that is currently being leased out for rental income. There is also an 1,800 sqft metal equipment cover built in 2019 that can accommodate 5-6 pieces of rollingstock farm and recreational equipment. The property is rectangular-shaped and relatively flat with two main pastures divided by heavy hardwoods with a large stock tank with fish and two smaller stock tanks for cattle and wildlife. The property is accessed off Mitchell Energy Road (LCR 793) with nearly 1,700’ of road frontage as well as over 700’ of road frontage along FM 937. Homestead is serviced by SLC Water Supply and Navasota Valley Electric Coop. The property is completely perimeter fenced and cross-fenced into multiple pastures. The seller does not own any minerals; there is an existing natural gas pad on the property, however, it is no longer active.
Property Information
Lot Size
47 acre(s) square ft
Property Type
Farm And Agriculture
Year Built
--
MLS Number
528208
Location
Address
218 LCR 793
City
Groesbeck
State
TX
Zip Code
76642
County
LIMESTONE
Listing
Provider
Kelly Realtors, original listing
Name
Kelly Realtors
Phone
(254) 741-1500
Office Name
Kelly Realtors
Office Phone
(254) 741-1500
Agent Name
Tom L. Hooker Jr.

USHUD.com on the Go!

Foreclosure Mobile App
Ushud Foreclosure iPhone App
Ushud Foreclosure Android App

HUD Foreclosures
Free Foreclosure Listings
Foreclosure Listings Increasing

HUD Foreclosures

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.

Free Foreclosure Listings

USHUD.com is a website that simplifies the process of finding foreclosures and HUD properties. Everyone thinks they are a real estate web surfing pro until they search for foreclosure homes and stumble upon a numerous sites that want to charge a fee to see their listings. With USHUD.com that’s not the case. When searching for HUD properties or a home finding website for foreclosure it is important to know what you are looking for. It is important to use a niche company that specializes in foreclosures like USHUD.com. We have put together 2 tools that have made the real estate search process of our website much easier to navigate. The Homesearch online tool is filled with foreclosure lists and free listings of hud homes for sale. Most of our users start with a broad search with the homesearch online tool to see the most HUD properties and foreclosure lists in your area and narrow their search down with the Homefinder online tool. The homefinder online tool is a custom filter system that we breakdown the area based upon filters such as convention and foreclosure listings. This give you the option to filter out conventional listings and focus on just the foreclosures in the market. We thank you for making us Americas top home finding website for foreclosure and Hud properties. Free listings of hud homes for sale are hard to come by but should always be free and that’s the way things are going to stay on our website.

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.