72.85 Acres in Mountain Home, TX - $389,000

PRICE REDUCED TO $389,000!! Hunt and live the historic Y O Ranch. This 72.85 acre ranch is very secluded with large neighbors on two sides. The fence lines have been cleared 8 feet. Very nice caliche road that meanders to the house which is located in the northwest corner of the tract. Lots of Live oaks, shin oaks and Ashe Juniper.Storage shed for water treatment and pressure pump. Concrete storage system for water. The 1188 square foot house has 2 bedrooms and 2 baths with a large open kitchen, dining, living area. Great hardwood floors throughout. There is a porch along the front of the house with a southeast exposure over a cleared area. Additional water well with windmill on the south end of the lot that needs new leathers. There is an electric meter at the windmill. Lot 113 is mostly rectangular in shape. Lot 112, the adjoining 70.5 acres to the west, is also available and is enclosed in the same high fence. (See Lands of Texas #1056579 for details on Lot 112. Also, see Lands of Texas #1056581 for the two tracts combined as 143.35 acres) The utility line between these two tracts is open. The Y O Ranchlands has a Land Owners Association and the Covenants, Conditions and Restrictions can be found on the web page. (yoranchlands.org) The YOLA (YO Landowners Association) dues for roads, security and trash pick-up were reduced in October, 2012 to $12.00 per acre. Owner financing available with 25% down payment. September, 2011 appraisal at $415,015.