Edgewood, TX 75117
$1,595,000List Price
$13,772 Est. Mo. Payment
For a given home price of $1,595,000, the monthly mortgage is computed using a 5% down payment ($79,750) and a 7.5% annual interest rate, spread over 360 payments.
6
4
2
3,024ft2

Status

Available

Description

Welcome to Fallow Hills, a stunning 80+- acre property that once was a sanctuary for majestic fallow deer. This exceptional estate features two newly renovated homes that are successful Airbnbs, projected to generate an impressive $100,000 in rental income by the end of 2024. With rolling hills, ancient trees, and five picturesque ponds—one a full 5 acres teeming with fish—this landscape is a nature lover's paradise, complete with inviting walking trails. As you enter through the private gate, you’ll be captivated by views of two expansive ponds framed by meticulously trimmed trees, creating a serene entrance. The unique combination of rocky soil and undulating hills gives this property a distinctive mountain-like feel, perfect for escaping everyday stresses. Fallow Hills features multiple deer blinds and feeders, enhancing the wildlife experience for both hunters and nature enthusiasts. A high fence partially wraps the property, providing security while allowing the diverse wildlife—including deer and native birds—to roam freely. Tucked away are the two beautifully renovated homes, fully furnished and equipped to accommodate up to 17 guests. Whether you envision a peaceful family getaway or a thriving retreat, this property is your canvas for success. Located just 50 minutes east of Dallas with easy access to I-20, consider the potential for transforming Fallow Hills into a tiny home community or multi-building retreat. Each section is ready for development, ideal for building homes or selling off parcels. With a well for water and convenient access to city water and power, you’ll have all the essentials for improvements. Partial high fencing provides a secure environment while you enjoy the diverse wildlife. All land is ag-exempt, offering tax benefits. The current owners are eager to pass on this fully functioning Airbnb to continue its success. Don’t miss your chance to own a piece of paradise at Fallow Hills—where nature, comfort, and opportunity converge!

MLS Listing ID

20756632

Listed By

John Brannon
903-873-2141
Century 21 NexGen Realty

Map

High School
Edgewood
Elementary School
Edgewood
High School District
Edgewood ISD
Middle Or Junior School
Edgewood
This expanded setting will include additional fields to closer define your loan needs and payment amount.
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Estimated Monthly Payment

$13,772

Loan Amount

$1,515,250

This calculator is illustrative, but your unique situation will best be served by seeking out a purchase budget pre-approval from a reputable mortgage provider. First Choice Lending Group can provide you an approval within 48hrs.

Home Facts

Bathroom

Bathrooms Full
4

Kitchen

Appliances

  • Wine Cooler
  • Microwave
  • Dishwasher
  • Electric Water Heater
  • Washer
  • Disposal
  • Vented Exhaust Fan
  • Dryer
  • Electric Range
  • Some Commercial Grade
  • Refrigerator
  • Convection Oven

Laundry

Laundry Features

  • Electric Dryer Hookup
  • Stacked
  • Laundry in Utility Room
  • Washer Hookup

Highlights

Interior Features

  • Built-in Features
  • Open Floorplan
  • Paneling/Wainscoting
  • Wired for Sound
  • Natural Woodwork
  • Kitchen Island
  • Walk-In Closet(s)
  • Pantry
  • Granite Counters

Roof

  • Metal

Sewer

  • Aerobic Septic

Levels

  • One and One Half

Cooling

  • Ceiling Fan(s)
  • Central Air

Fencing

  • Metal
  • Partial
Garage Spaces
2
Lot Size Acres
78
Parcel Number
R105546

Pool Features

  • Pool
Property Type
Residential
Carport Spaces
2
Covered Spaces
2

Window Features

  • Window Coverings

Parking Features

  • Carport
  • Driveway
  • Attached Carport
  • Additional Parking
Property Sub Type
Farm

Exterior Features

  • Fire Pit
  • Deck
  • Private Entrance

Road Frontage Type

  • Private Road
  • All Weather Road
  • County Road

Patio And Porch Features

  • Side Porch
  • Covered
  • Deck
  • Patio
  • Front Porch
Virtual Tour
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Flooring

  • Luxury Vinyl Plank
  • Luxury Vinyl
  • Ceramic Tile
Year Built
1994

Road Surface Type

  • Gravel

Foundation Details

  • Pillar/Post/Pier
  • Slab

Architectural Style

  • Farmhouse

Construction Materials

  • Cedar

Heating

  • Central
Heating

Utilities

  • Septic Available
  • Water Available
  • Electricity Connected