Texas Lottery HUD Homes – The HUD King tours 6102 Railroad St.

6102 Railroad

Current list Price: $8,500

Bedrooms: 2

Bathrooms: 1

Square Feet: 1,197

Year Built: 1940

Lot Size: 12,602 sq. ft.

If you asked me whether or not Texas real estate is a good investment the simple answer is yes. With interest rates at their lowest since I’ve been selling real estate, there is no better time to buy. As a Texas real estate broker, I have sold all types of regular real estate, affordable homes, and foreclosures. From county owned tax sales, to bank owned, VA owned, Fannie Mae and Freddie Mac owned, but HUD homes tend to be the easiest and best government owned homes to buy. Please look over the website for any other HUD Homes that may be in your area, because currently Texas HUD homes average between 400-700 homes on the market every day. Some are ideal investor homes needing only minor repairs before renting, so if you're looking for cheap HUD Homes, you've found the guy to help you.

In this post we have a Texas HUD Home at 6102 Railroad St., Wallis TX 77485.  This home is currently listed under the HUD Lottery program for Non-Profits and Government Agencies, where they get to buy the home at a 30% discount. This home is currently listed for an unbelievably low $8,500! Yes, I did not forget a zero, it's only eight thousand five hundred dollars. If no lottery buyers submit an offer on it by 4/2/2014 then the home will be listed to the general public. It is going to need some TLC in the way of a foundation inspection/repair, some painting and wall/ceiling repair and most of the other usual things that need to be done to a foreclosed home, but it's priced right. HUD will pay 3% of your closing costs. There have been some tremendous savings on HUD Homes lately so if you are looking for a home to live in or some houses to pick up as an investor, now is the time to buy. All HUD Homes are time sensitive so you need to call me as soon as possible to discuss your buying options. Did you know that on some HUD Homes, HUD will loan you money to do repairs?  Another neat thing about HUD homes is that  HUD will pay 3% of your closing costs. Take a look at the video and see what you think, or search my webpage for other Texas HUD homes in your area. t’s as easy as entering a Zip code in the “Search Site” space to the right of this post. FHA Case# 493-817131.

HUD Home Listing Link 

(if the home does not appear on the link, it may be under contract)

**  Depending on when you see this video, this home may or may not be under contract.  To find out if it is still Active and on the market please call or email me if you're interested in this or any other home, I would love to earn your business.

Jonathan de la Garza – Texas Broker


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