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Preferred Properties of Texas

The Preferred way to buy & sell real estate for you

New Listing! 119 & 117 Willow Lane in Stephenville, Texas!

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Stephenville is now offering a rare opportunity with the availability of full duplex properties. Located at 117 Willow Ln, you’ll find a meticulously maintained 2-bedroom, 1-bathroom unit, while next door at 119 Willow Ln, there’s another gem with 3 bedrooms and 2 bathrooms. Both of these properties are currently occupied by month-to-month renters, making them an attractive investment option. This duplex is a must-see for all investors, as opportunities like this don’t come along often. Don’t miss your chance to explore these promising properties – schedule your showing today and seize this exciting investment opportunity! https://www.preferredpropertiestx.com/listings/just-listed-great-investment-opportunity-in-stephenville-texas/

The New Real Estate Trend: What Makes Barndominiums Unique

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People who are in the market to buy a home have specific needs and expectations. The differences in the personalities and decorating preferences of homeowners makes things even more diverse. Real estate is constantly changing due to all of this. Pole barn houses have been making waves in the real estate market and offer a lot to potential homeowners.

What makes pole barn houses stand out?

Pole barn houses are relatively new to the real estate market. They’re also called Barndominiums. Pole barns are converted into living quarters. They can be constructed as homes or combined with other structures and workshops. This makes them a truly unique option for potential homeowners. Check out some of the reasons why pole barn houses are the latest trend in real estate.

Customization Options

Barndominiums are popular because of their many customization options. They are one of the most versatile housing solutions available today. They are available in a variety of sizes and shapes, and their designs can be tailored to suit almost anyone’s needs. They can have an open floor plan or be divided into separate rooms like traditional homes. There are also endless compromises that can be made between the two extremes.

Pole barn houses allow for customizations that go beyond the interior and exterior space. The exterior and surroundings of the house can also be customized. Pole barn houses can be customized with different colors and siding options. Also, they can add wraparound porches and patios. These options can extend to outdoor kitchens, entertainment areas, and other features. The design options for outdoor areas with pole barns are endless.

Cost-Effectiveness

Pole barn houses are also becoming more popular because of their cost-effectiveness. They are much more affordable than traditional houses. They require less resources and don’t require as much site preparation. They can also be built quickly. Barndominiums are cheaper to build because of this, as well as other factors. Pole barn houses are affordable, making it easier for many people to become homeowners.

Sustainability

Pole barn houses are also attractive because of their sustainability. They don’t use as many materials and therefore have a smaller footprint than traditional houses. Many of these materials are more sustainable than the ones used to build traditional houses. Pole barn houses can also incorporate a number of energy efficient and sustainable features, such as solar energy, environmentally friendly materials, and energy saving layouts. These are some of the most sustainable housing options available.

Faster construction

Barndominiums are often built faster than other types of homes. Barndominiums can be built in a few short months, depending on their layout and other factors. After site preparation and other factors are taken into consideration, it can take a long time to build a conventional house. This is a very attractive feature for many potential homebuyers.

A Different Route to Homeownership

Although there are many housing options available, they may not meet everyone’s requirements. Pole barns offer a range of unique features that make them a great solution for potential home owners. Pole barn houses are a viable alternative because they offer a range of customization options, as well as greater affordability and sustainability. Barndominiums are the newest trend in real estate.

Original Blog: https://realtytimes.com/headlines/item/1047566-the-new-real-estate-trend-what-makes-barndominiums-unique?rtmpage=wishes

Explore Our Unique Barndominium Listing: Your Dream Combination of Barn and Home https://www.preferredpropertiestx.com/listings/just-listed-3219-lakeside-drive-in-granbury-tx/

Want to be a landlord?

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Some people believe that real estate is the best way to build long-term wealth. It’s possible that this is true, but it doesn’t mean you should buy a bunch rental properties and wait for the rent to come in. If you’re curious, let’s take a look at some things you might not have considered.

First, you should know that a rental property will require a higher down payment than if it were your primary residence or a beach house. You can expect to pay at least 20% down for most programs, and slightly higher rates, when you buy an investment property.

Why are these loans slightly more expensive? Lenders have calculated the risk associated with renting and determined that if your financial path suddenly hits a few speedbump, the rental property will be the first to be sold compared to your home.

If you don’t own a house, it may be difficult to find financing for a rental. First-time homebuyers are not a good match for rental properties. You should buy a primary home first and then let the lenders know your track record for on-time payments over a period of two years before you consider investing.

It is also important to consider whether you can use your new rental income as a way to pay off or even cover the entire cost of your new mortgage, insurance and taxes. Although many real estate investors say this is a very important consideration, you shouldn’t expect the lender to use the new rental income in order to qualify you for a new home loan. The two-year rule applies again. Lenders will want to know that you can manage not only the new mortgage, but also the tenants and maintenance concerns. You’ll have to show that you can do this.

Once you’ve established a track record, lenders will use your rental income to offset any new payments. This is where the wealth begins to build. You can buy and finance your second, third, or fourth rental using the new rental income.

Finally, over time, real estate values do in fact appreciate. There will be bumps along the way, but over the long term real estate values add to your wealth profile. Real estate can help people build wealth over time. You just need to be aware of what to expect.

Original Blog: https://realtytimes.com/mortgage-advices/item/1047307-wanna-be-a-landlord?rtmpage=null

Discover the Potential of 326 Acres in Palo Pinto Hills

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Are you yearning for a piece of land that offers both natural beauty and potential for various endeavors? Look no further than this 326-acre property nestled in the heart of the Palo Pinto hills, just off I-20. This captivating property is more than just a piece of land; it’s a canvas of opportunities waiting for you to paint your dreams upon.

A Thriving Cut Stone Quarry with Endless Possibilities

Currently an active cut stone quarry, this property boasts a rich deposit of high-quality sandstone rock—a prized material in both construction and landscaping. With all the necessary permits and licenses in place, the operation can seamlessly transition to its new owner, ensuring a smooth continuation of business. If equipment is required, it’s available for separate purchase, streamlining the process and facilitating a seamless transition.

Nature’s Beauty at Your Doorstep

But there’s more to this property than its industrial potential. The Palo Pinto Hills offer a mesmerizing backdrop of rolling hilltops that gently undulate into the horizon. These hills grant you awe-inspiring views of the surrounding countryside, serving as a constant reminder of the natural wonders that envelope this land.

The property itself is a harmonious blend of woodland and verdant meadows. A mixture of hardwoods and pines creates a captivating tapestry of foliage that changes with the seasons. Throughout the property, you’ll find several small wet weather creeks meandering through, adding not only charm but also providing essential habitats for a variety of wildlife.

Endless Opportunities for Recreation and Relaxation

Imagine spending your weekends indulging in the joys of the great outdoors. This property is an oasis for those seeking adventure and relaxation alike. Whether you’re an avid hunter, a fishing enthusiast, or simply someone who craves the tranquility of camping beneath the star-studded Texas skies, this land can cater to your desires.

Additionally, if you’ve ever dreamed of building your own haven away from the hustle and bustle of city life, the stunning hilltop views offer the perfect canvas for crafting your dream home. Every day could begin and end with the breathtaking panorama of the Palo Pinto Hills as your backdrop.

Embrace Your Dreams in Palo Pinto Hills

The 326-acre property in the Palo Pinto hills presents an incredible opportunity to own a piece of land that’s not only functional but also teeming with natural beauty. From its thriving cut stone quarry to its rolling hills and tranquil creeks, this property is a playground for those with vision and an appreciation for the great outdoors. Whether you’re looking to invest in a prosperous business venture or to create your personal haven, this land welcomes you with open arms.

Don’t miss out on the chance to own this slice of Texas paradise. Contact us today to explore the potential that awaits you in the Palo Pinto hills. We have tons of amazing new pictures to check out on our website! https://www.preferredpropertiestx.com/homes-for-sale-details/2141-BLUE-FLAT-ROAD-GORDON-TX-76453/20331513/51/

Case Horton

Case Horton

Owner/Broker

254.977.3762

Email Case

Top 10 Places to Buy a Vacation Home

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A new analysis shows that investment properties in beachside communities have the highest potential ROI. Here are the top hotspots for investment this year.

Vacation homes are a great investment for real estate investors. A short-term rental on the beach is a good option. Vacasa, an online vacation rental platform, has recently released its annual list of the top places to purchase a vacation home (link is external) based on capitalization rates or the rate of return.

According to Vacasa, which analyzed home sales and vacation rental data for the past 12 months, Lake Anna, Va. held the top spot in the 2023 rankings of the best places to buy a vacation house. Lake Anna, with a median sale of $405,500 and a cap rate 10.32%, is the highest vacation hotspot on the list.

Here are the top markets on Vacasa’s list of best places to purchase a vacation property in 2023.

1. Lake Anna, Va.
Cap rate: 10.32%
Average gross rental revenue: $64,121
Median sale price: $405,500

2. Okaloosa Island, Fla.
Cap rate: 9.08%
Average gross rental revenue: $53,832
Median sale price: $360,000

3. Sandbridge, Va.
Cap rate: 6.47%
Average gross rental revenue: $88,702
Median sale price: $928,900

4. Rehoboth Beach, Del.
Cap rate: 6.46%
Average gross rental revenue: $58,992
Median sale price: $618,000

5. Navarre, Fla.
Cap rate: 6.42%
Average gross rental revenue: $47,531
Median sale price: $420,000

6. Gulf Shores, Ala.
Cap rate: 6.09%
Average gross rental revenue: $48,169
Median sale price: $475,000

7. Palm Coast, Fla.
Cap rate: 5.69%
Average gross rental revenue: $38,212
Median sale price: $360,000

8. Corolla, N.C.
Cap rate: 5.47%
Average gross rental revenue: $80,423
Median sale price: $927,500

9. Nags Head, N.C.
Cap rate: 5.45%
Average gross rental revenue: $53,939
Median sale price: $615,500

10. Rockaway Beach, Ore.
Cap rate: 5.23%
Average gross rental revenue: $37,030
Median sale price: $340,000

Your dream vacation property is just a call away. Contact Preferred Properties of Texas today and let us help you find the haven you’ve been searching for. It’s time to turn your vacation dreams into cherished memories.

Original Blog: https://www.nar.realtor/magazine/real-estate-news/top-10-places-to-buy-a-vacation-home?utm_term=23EF8E9A-359A-444F-9FB8-E57C0EFE2ABA&utm_campaign=3BFA9068-DFBC-477B-BC94-C168B9A999F1&nwsltr=navnar&utm_content=7BDD191D-1B14-4B44-BBA7-543582CC5172

Rural Retreat: A Tranquil Slice of Country Living Near Stephenville

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Are you yearning for a peaceful escape from the hustle and bustle of city life? Look no further than this enchanting property located just 2.5 miles away from Stephenville. Nestled on a spacious 1.5-acre lot, this brick home offers the perfect blend of rustic charm and modern conveniences. Surrounded by the beauty of nature, with majestic red oaks and bountiful pecan trees, this property is a true sanctuary.

A prominent feature of this property is the 40×50 foot metal workshop, a haven for hobbyists and artisans. With 220 volts of power and an abundance of shelving, this workshop is a blank canvas for your creative endeavors. Covered parking for your RV or boat provides both protection and convenience, ensuring that your adventurous spirit is well-catered to.

Pet owners will be delighted by the well-thought-out dog kennel setup, allowing your furry friends a safe and comfortable environment. Green thumbs will find solace in the fenced garden, complete with its own water source and fruit trees that promise a bountiful harvest.

The heart of this charming home is its spacious family area, featuring a warm brick fireplace that beckons cozy evenings spent in front of the fire. An adjacent open formal dining room provides an elegant space for hosting gatherings and special occasions. The galley kitchen is a chef’s delight, boasting ample cabinet space and top-notch built-in appliances. A bright breakfast nook adds a touch of charm, making morning meals a delightful affair.

Practicality meets style in the large utility room, which offers shelving, storage, and room for an additional fridge or freezer. The split bedroom arrangement ensures privacy and comfort for everyone. The generously sized primary bedroom is a true retreat, offering a walk-in closet and an en-suite bathroom with double vanities and a walk-in shower. Two additional bedrooms share a thoughtfully designed bathroom with a tub and shower combination.

This home is brimming with amenities that go beyond the ordinary. Every corner reflects the care and attention poured into making it a haven of comfort and tranquility. Don’t let this remarkable opportunity slip through your fingers. Schedule a viewing today to witness firsthand this countryside gem that seamlessly blends the wonders of nature with modern living. Your dream retreat awaits; make it a reality today. https://www.preferredpropertiestx.com/listings/new-listing-in-stephenville-texas/

Phyllis Tate- Real Estate Agent

Phyllis Tate

phyllist@preferredpropertiestx.com

254-977-4244

Email Phyllis

Preferred Properties of Texas

(254) 965-7775|Contact Preferred Properties of Texas