Property Details:

Description:

Live in the country, but close enough to town, the Ranch is located 10 minutes from Corsicana and the nearest Walmart, minutes away from a national park and lake. this area is peaceful and quiet.

The Ranch is completely fenced, has a new Heat pump and septic system installed this year, it is very well insulated, the highest electric bill this summer was $220, not bad for a 2600sf home, with a hot summer.

Here are a few more highlights, it has a tank less water heater, so hot water is never an issue, concrete counter tops, stainless steel appliances but still needs a fridge, and has a large deck along the back side. There is a work shop and a storage building on the property, both have power.

The ranch is 90% complete, it still needs some sheet rock work, such as tape and bedding, the interior ceiling needs to be completed, this could save you a lot of cash if you could manage to do some of the work yourself, like finish the rough in and have a crew finish it out. The current occupant has been doing this same thing.

I am asking $90000 for this property, that is my lowest price, I still owe about $30000 to the TVLB, there are a few options in purchasing this property, either pay the amount up front, or buy me out, that means I am asking $60000 cash, the note and loan would be assumed by the purchaser, I am willing to accept a larger down payment and have the rest paid off in 3 years, that is if I find an arrangement that I can live with.

The home was appraised for insurance purposes (2009), the home was valued at $170000 replacement value, the property alone is worth $60000 with the improvements such as water, electric, septic and fencing, either way you slice it, this is a good deal and you would have a hard time finding a better deal.

This property's direct website address: www.HomesByOwner.com/16500