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579 County Road 1843
Yantis, TX 75497
Carrie Chase Nuckolls with Century 21 First Group, original listing - (903) 885-3146
$695,500
Conventional
Property
Bedroom
3
Bathroom
Full: 2, ½: 1
Property Type
Conventional
Square ft
2933 Square Feet
Property Description
Tucked away at the end of a quiet road, this secluded 10 acres of rolling hills offers waterfront on world famous Lake Fork. Situated atop the picturesque Longbranch Cove of Glade Creek, the land is a nature lover's dream—whitetail deer roam freely, and the towering Oak trees create a respite from the hustle of city life. Enjoy fishing off your own dock or launch a kayak to explore the cove. Inside, the home beautifully complements the surrounding landscape with its soaring ceilings & wide open spaces. Expansive windows throughout fill the home with natural light and offer stunning views of the outdoors. The beautiful Saltillo tile floors and LVP flooring are easy to maintain, while a cozy wood-burning fireplace creates a warm, inviting atmosphere. An open kitchen features numerous storage options, hardwood cabinets, a breakfast bar, and plenty of space for dining. You will love the spacious primary suite featuring French doors that lead to the deck- and the primary bath is a retreat in itself, with a modern soaking tub that overlooks the water and fresh, white updates throughout. The half bath is conveniently located for guests down the hall with a split-bedroom plan and spacious secondary bedrooms that ensure privacy. French doors from the living space invite you to step out onto the deck and enjoy peaceful mornings sipping coffee and be amazed by starry skies at night. Endless possibilities in the old barn for hobby shed, greenhouse, or storage space, adding to the charm and utility of the property. Bring your vision—whether you want to raise animals, apply for an Ag Exemption, or simply enjoy the natural lake front beauty. Located 15 minutes from multiple charming towns with boutiques, spas, wine bars, and festivals, and only 100 mi to DFW, you'll be glad you came. Whether you're looking for a relaxing retreat or a place to call home, this East Texas gem is a true sanctuary. Additional approx 3 acres of useable acres is SRA land. Furniture can stay.
Property Information
Lot Size
10 acre(s) square ft
Property Type
Residential-Single Family Residence
Year Built
1988
MLS Number
--
Location
Address
579 County Road 1843
City
Yantis
State
TX
Zip Code
75497
County
WOOD (COUNTY)
Listing
Name
Phone
(903) 885-3146
Office Name
Office Phone
(903) 885-3146
Agent Name
Carrie Chase Nuckolls
Agency Phone
(903) 885-3146

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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.

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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.