Information You MUST be pre-qualified before buying a Home.
Get pre-qualified by filling out our easy, 3 step form!
2192 Vzcr 3117
Edgewood, TX 75117
John Brannon with Century 21 NexGen Realty, original listing - (903) 873-2141
$699,900
Conventional
Property
Bedroom
6
Bathroom
Full: 4
Property Type
Conventional
Square ft
3024 Square Feet
Property Description
Welcome to Fallow Hills, a stunning 16.6+- acre property that once served as a sanctuary for majestic fallow deer. This enchanting estate comes with two newly renovated homes that are fully stocked and furnished, currently thriving as a successful Airbnb, with projections to generate $100,000 in rental income by the end of 2024. Each home features its own hot tubs and multiple porches, decks, and patios—perfect for relaxing while enjoying breathtaking views of the surrounding landscape. With rolling hills, ancient trees, and two picturesque ponds—one a full 5 acres teeming with fish—this property is a nature lover's paradise, complete with walking trails inviting exploration and adventure. As you enter through the private automatic gate, you’ll be captivated by views of expansive ponds framed by meticulously trimmed trees, creating a serene entrance. The unique combination of rocky soil and undulating hills gives this property a distinctive mountain-like feel, perfect for escaping everyday stresses. Behind one of the homes, you’ll find a spacious shop with two large overhead doors, ideal for storing boats, RVs, or other toys. Additionally, a carport connected to one of the houses offers convenient shelter for vehicles, while sheds on each side provide extra storage space. The property also includes a well, ensuring a sustainable water supply without the worry of bills. There’s also access to co-op water from the street if you need that! With easy access to I-20 and located just 50 minutes east of Dallas, consider the potential for transforming Fallow Hills into a tiny home community or multi-building retreat. There’s endless opportunity here! All land is ag-exempt, offering tax benefits. Both homes are successful Airbnb’s, and the current owners are eager to pass on this fully functioning Airbnb to continue its success. Don’t miss your chance to own a piece of paradise at Fallow Hills—where nature, comfort, and opportunity converge!
Property Information
Lot Size
16 acre(s) square ft
Property Type
Residential-Farm
Year Built
1994
MLS Number
--
Location
Address
2192 VZCR 3117
City
Edgewood
State
TX
Zip Code
75117
County
VAN ZANDT
Listing
Provider
Century 21 NexGen Realty, original listing
Name
Phone
(214) 502-8477
Office Name
Office Phone
(903) 873-2141
Agent Name
John Brannon
Agency Phone
(903) 873-2141

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.