Home for Sale at 51651 Hwy 118 South, Alpine/Terlingua, TX 79830

51651 Hwy 118 South
Alpine/terlingua, TX 79830

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Property Details

List Price:	$1,200,000
Beds:	3
Baths:	2
Status:	Active
SqFt:	4000
Agency:	West Texas Realty

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Description/Comments

Lot Size:	20 acre(s)
Property Type:	Residential
Year Built:	2014
Notes:	Block 216. Section 32, Tracts H 41 & H-42 20 Acres sitting East of Hwy 118 in the Terlingua Ranch Area. We have been asked "what is a barndominum? A barndominium is usually a steel building, sometimes quite large, that has room for both living quarters and a shop or garage area. Many barndominiums are actual barn-to-home conversions, but an increasing number are ground-up construction of a brand new homes. These types of homes have been rapidly gaining popularity because of their energy efficiency and ease of renovation. It has Central air & heat, a wood-burning fireplace in the living room, and a gas fireplace in the master bedroom. There is a garage attached and is part of the home. The house has both sprayed on foam insulation and batt insulation and is therefore very energy efficient. This particular home has about 4000 SF, 75 Ft by 50 Ft building with spacious open rooms that every turn you make has a "WOW" factor. It has a mezzanine of ~1000 SF which is not included in the 4000 number. There are two (2) additional unfinished bedrooms and an unfinished bathroom upstairs that are accessed via the garage. It was built with every comfort you can imagine and carefully designed. A person needs to see it as words really cannot capture the beauty of this home. Water catchment is popular in the desert and is also the method of getting your water. It has five (5) fifteen hundred (1500) gallon catchment tanks for a total capacity of 7500 gallons of water storage. The landscaping is meticulous, with great attention to every detail. We would be glad to let you tour this home with advance notice and of course, you will need to be pre-qualified. There is a small cabin that is used for guests and a cellar for storage. This location has been used for commercial and there are no restrictions so you can do what you want to if you want.. Plenty of room to add more casitas or whatever you choose. It is part of Terlingua Ranch and there are dues that go towards maintaining the roads. This year it is $193 per year. It increases every year for the cost of living. This home comes completely furnished. We look forward to meeting you soon!
MlsNumber:	11080894

Listing Provided By:	West Texas Realty, original listing
Name:	West Texas Realty
Office Name:	West Texas Realty
Office Phone:	(432) 837-7486
Agent Name:	Pamela Clouse
Disclaimer:	Copyright Â© 2024 My State MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

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.

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or licensed by the US Department of Housing and Urban Development

USHUD.com is an Equal Housing Opportunity

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