3914 Alamo Rd
Bowie, TX 76230
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This beautiful home is situated on a hilltop with excellent views of the countryside. This ranch consists of a large brick home with huge barn, stables, workshop, and feed storeroom for horses. This is an outstanding horse property with a large private roping and riding arena with an observation tower. Two stock tanks. Large rear patio overlooking the vast acreage on rolling hills. The property is fenced for cattle or horses!
Overall there is minimal cosmetic work needed however a slab leak has been identified that will need to be repaired. The bathrooms, kitchen and flooring have all been recently remodeled. The foundation shows a minor slope in one room but there are no visible cracks in exterior brick or tile flooring.
The comparable sales in the area for something like this are tough however we have a BPO from FirstValuation for $380,000 (see Repairs & Comps link to view). This coincides with a property in Bowie that is also on 40 acres with a much smaller house that sold for $378k along with several other ranches that have sold in the same range with less to offer. This is really a great deal with a lot of potential upside!
Buyer to do their own due diligence. Buyer to pay all closing costs. A non-refundable $5,000 deposit will be required unless other arrangements are agreed.
Contact us today for showing instructions.