DESCRIPTION

This property consists of 11.239 acres in New Fountain which has a 3 bedroom, 1 bath (3/2 after renovations) home that is in need of repair (not for long!).  The current owner has had the home leveled and cleaned up, but more work is still needed.  (New A/C and electrical wiring has just been installed).  The residence is a circa 1940 frame home with a Yancey Water meter and has Medina Electric Coop (MEC) electric service.  There is a concrete slab on the west side of the home for parking and nice pecan trees shade the yard.

The house sits on the front of the property approximately 100 feet off of FM 2,676 with frontage calculated at 270 feet.  The length of the parcel is approximately 1,000 feet.

The remaining acreage is cleared and there is a good tillable field behind the home.  There are no restrictions on the property and there is a brush line down the west side of the land.

 This would make a great place for someone with horse interests.

PRICE

$135,000 PRICE PENDING RENOVATION COMPLETION - cash to seller.

Broker can assist with financing!

Although the broker has used reasonable care in obtaining data and making estimates and projections based upon that data; this material is submitted without representation or warranty. Generally, a substantial portion of information must be obtained from sources other than a broker's actual knowledge, and not all sources can be absolutely confirmed. Moreover, all information is subject to changes by the owner as to price or terms, to prior sale or lease, to withdrawal of the property from the market and to other events beyond the control of the broker. No representation is made as to the value of this possible investment; and the broker urges that you consult your business, tax and legal advisors before making a final determination.