Home for Sale at 1100 County Road 322, Bertram, TX 78605

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1100 County Road 322
Bertram, TX 78605

Robert Pahmiyer with Keller Williams - Lake Travis, original listing - (512) 263-9090

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Property Details

List Price:	$4,370,000
Beds:	3
Baths:	Full: 2
Status:	Active
SqFt:	2838 Square Feet
Agency:	Keller Williams - Lake Travis
Agency Phone:	(512) 263-9090

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Description/Comments

Lot Size:	0 sqft
Property Type:	Farm-Farm
Year Built:	1906
Notes:	Highly sought-after transitional development land located in the fast-growing area of eastern Burnet County. Located just ~3 mi south and east of Bertram, ~8 mi west of Liberty Hill, ~23 mi west of Georgetown and ~42 mi north of downtown Austin. The property is relatively flat and has over 2000 feet of frontage on paved County Road 322 (Old Hwy 29). The west side of the property includes a wet weather creek (no flood plain as per Mapright), pond and limestone water feature (small falls when running). Numerous large oak and other native trees and grasses. The east side of the property is open grazing land with good soil and good grazing. Some recent cedar clearing improvements have been made. The property includes the original Bryson Farmhouse, a turn of the century (1906) two story 2,838 sqft farmhouse. The house needs some cosmetic work, but is in reasonable condition for itâs age. The potential exists to move the house off property. Also includes a turn of the century barn in poor condition, but the old barnwood is salvageable and has some value. A 1-D-1 Ag tax appraisal held by a grass lease keeps the property taxes low. Potential uses for the property include: Immediate development, buy and hold and/or use for a party or wedding venue.
MlsNumber:	--
ListingId:	5526703

Listing Provided By:	Keller Williams - Lake Travis, original listing
Phone:	(281) 224-2094
Office Phone:	(512) 263-9090
Agent Name:	Robert Pahmiyer
Disclaimer:	Copyright © 2024 Keller Williams Realty, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

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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.

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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.

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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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