Status
Description
Welcome to Fallow Hills, a stunning 16.6+- acre property that once served as a sanctuary for majestic fallow deer. This enchanting estate comes with two newly renovated homes that are fully stocked and furnished, currently thriving as a successful Airbnb, with projections to generate $100,000 in rental income by the end of 2024. Each home features its own hot tubs and multiple porches, decks, and patios—perfect for relaxing while enjoying breathtaking views of the surrounding landscape. With rolling hills, ancient trees, and two picturesque ponds—one a full 5 acres teeming with fish—this property is a nature lover's paradise, complete with walking trails inviting exploration and adventure. As you enter through the private automatic gate, you’ll be captivated by views of 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. Behind one of the homes, you’ll find a spacious shop with two large overhead doors, ideal for storing boats, RVs, or other toys. Additionally, a carport connected to one of the houses offers convenient shelter for vehicles, while sheds on each side provide extra storage space. The property also includes a well, ensuring a sustainable water supply without the worry of bills. There’s also access to co-op water from the street if you need that! With easy access to I-20 and located just 50 minutes east of Dallas, consider the potential for transforming Fallow Hills into a tiny home community or multi-building retreat. There’s endless opportunity here! All land is ag-exempt, offering tax benefits. Both homes are successful Airbnb’s, and 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
Listed By
903-873-2141
Century 21 NexGen Realty
Map
Estimated Monthly Payment
$6,043Loan Amount
$664,905This 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
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
- Laundry in Utility Room
- Washer Hookup
Highlights
Interior Features
- Built-in Features
- Tile Counters
- Open Floorplan
- Wired for Sound
- Vaulted Ceiling(s)
- Multiple Master Suites
- Kitchen Island
- Walk-In Closet(s)
- High Speed Internet
- Granite Counters
Roof
- Metal
Sewer
- Aerobic Septic
Levels
- One and One Half
Cooling
- Ceiling Fan(s)
- Central Air
Fencing
- Partial
Current Use
- Timber
Pool Features
- None
Window Features
- Window Coverings
Parking Features
- Covered
- Additional Parking
- Garage
- Attached Carport
- Concrete
Road Frontage Type
- All Weather Road
- Private Road
Patio And Porch Features
- Covered
- Deck
- Side Porch
- Patio
- Front Porch
Flooring
- Luxury Vinyl Plank
- Luxury Vinyl
- Ceramic Tile
Road Surface Type
- Gravel
Foundation Details
- Pillar/Post/Pier
- Slab
Architectural Style
- Farmhouse
Construction Materials
- Cedar
Heating
- Central
Utilities
- Septic Available
- Overhead Utilities
- Water Available
- Electricity Connected