Home for Sale at 9022 Wallace Road, Holland, TX 76534

9022 Wallace Road
Holland, TX 76534

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Property Details

List Price:	$1,075,000
Beds:	4
Baths:	3
Status:	Active
SqFt:	2950
Agency:	Fathom Realty-Bison Creek Real Estate Team

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Description/Comments

Lot Size:	20 acre(s)
Property Type:	Residential
Year Built:	2020
Notes:	Nestled on 20+ acres of fully fenced land, this stunning 4 bedroom, 3 bath home offers breathtaking sunrises and sunsets. The expansive wrap-around porch, complete with a covered breezeway parking area, provides ample space to relax and enjoy the surrounding natural beauty. Inside, the home boasts an impressive 2950 sq ft of living space, including six-inch thick walls that are spray foam insulated for added energy efficiency.<br /> <br /> The metal construction of the house ensures durability and longevity, while the two separate attic storage spaces provide additional storage options. The fresh intake and exhaust systems built into the dual high-efficiency AC systems keep the home comfortable year-round. And, with a massive ceiling fan (aka "big ass fan") circulating the air, you can rest assured that your home will stay cool and comfortable no matter the season.<br /> <br /> But that's not all - this incredible home also features an 1800 sq ft workshop that's been plumbed for a full bath and is spray foam insulated for maximum comfort. Two high-grade tankless propane water heaters provide an endless supply of hot water, and a buried 1000 gallon propane tank supports long-term family usage. And, in case of a power outage, the entire home is wired with alternate generator electricity for peace of mind.<br /> <br /> The custom stone work wood stove adds a touch of rustic charm to the home, while the custom designed kitchen cabinets with a 4 1/2 by 10 foot island offer ample storage and counter space. Plus, with huge walk-in closets and a pantry with freezer space and barn door, you'll have everything you need right at your fingertips.<br /> <br /> And as a bonus, the home's agricultural exemption will be effective in 2024, providing even more value and savings over time. Whether you're looking for a permanent residence or a luxurious getaway, this remarkable property is sure to exceed your expectations.
MlsNumber:	529919

Listing Provided By:	Fathom Realty-Bison Creek Real Estate Team, original listing
Name:	Fathom Realty-Bison Creek Real Estate Team
Phone:	(254) 231-5449
Office Name:	Bison Creek Real Estate LLC
Office Phone:	(254) 444-8992
Agent Name:	Victor Olvera
Disclaimer:	Copyright Â© 2024 Central Texas Multiple Listing Service. 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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