Home for Sale at 617 Llano River Road, Art, TX 76820

617 Llano River Road
Art, TX 76820

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Property Details

List Price:	$925,000
Beds:	1
Baths:	2
Status:	Active
SqFt:	1012
Agency:	Landmasters Real Estate

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Description/Comments

Lot Size:	10 acre(s)
Property Type:	Farm And Agriculture
Year Built:	--
Notes:	A Llano River hideaway awaits you just 2 hours from downtown Austin. Travel down to the end of the road and experience your own tranquil oasis with nothing but the sound of the water and the wind. This 10 acre property is the end tract in the Mas-O-Llan development, which means that there are only large ranches to the south and west, giving you unobstructed views of the river, the sunset, and the Hill Country. The improvements have been built with entertaining in mind and include 1) a good sized metal workshop/barn with it's own storm bunker that can sleep two, 2) a separate cabin with sleeping quarters, full bathroom, and deck, 3) another cabin with a kitchen,lounge area, full bathroom, deck, and hot tub, 4) a vintage camper that can sleep two, 5) a lookout tower for maximizing the long distance views, and 6) Four 30-amp RV hookups. The water is supplied from a 15,000 gallon rainwater collection system with advanced filtration system, while the 1500 gallon septic system is fully legally permitted by Mason county. A short drive away is the Castell General Store with BBQ and music. Kayaking, fishing, and swimming are as easy as walking down to the river's edge. With no close neighbors, it's easy to feel the extreme privacy that this property affords and, this far away from any city, the skies at night are brilliant with stars. Come on out and enjoy Rivertime. Priced To Sell- The owner is leaving the state and many of the furnishing and accessories can be negotated for.
MlsNumber:	165870

Listing Provided By:	Landmasters Real Estate, original listing
Name:	Landmasters Real Estate
Phone:	(325) 247-5782
Office Name:	Landmasters Hill Country
Office Phone:	(325) 247-5782
Agent Name:	Richard Houston
Disclaimer:	Copyright Â© 2024 Highland Lakes Association of Realtors 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.

USHUD.com is a private company not affiliated or associated with or endorsed, authorized, approved, sponsored
or licensed by the US Department of Housing and Urban Development

USHUD.com is an Equal Housing Opportunity

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