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Unit 149 Arrow Head Trail
Moyers, OK 74557
$225,000
Conventional
Property
Bedroom
2
Bathroom
1
Property Type
Conventional
Square ft
960
Property Description
Welcome to Arrowhead Mountain Retreat! Built in 2024 this spacious cabin has 2 bedrooms and 1 bathroom. This is in an off grid location on 7.54 acres of beautifully wooded land with large boulders and an amazing Mountain View! Sit out on the wrap around covered porch and watch the sunset or enjoy your morning coffee. Inside you will find cedar trim, and epoxy floors it is heated with a wood stove, ran by a generator, has a septic tank, and water is currently hauled in but a rain catchment or well could be installed. The bathroom has a shower, sink and toilet and there is an on demand hot water heater for a nice warm shower! The kitchen is open to the living room and dining area with a deep bowl kitchen sink, plenty of cupboards and counter space and a Mountain View through the window. Above the dining area is a loft with a ladder for an extra bed or for storage space. The cabin comes completely furnished with a TV, couch, recliner, table, coffee table and beds. Off from the living room are French doors and there is a ramp off the wrap around porch. This offers wheel chair accessible or store your atv inside when your not there. Also, included is a 10x20 guest cabin with generator hook-up and window units for heat and air. It also has a nice covered porch for enjoying the amazing mountain ridge view and sunsets. There's a flat cleared area above the main cabin, where an outbuilding could be built or a garden. If you are a hunter there are plenty of deer, turkey, wild boar, and other animals here. You will find plenty of trails to ride down for recreational enjoyment. Enjoy fishing in Shorty creek and Buck creek which are fairly close with a trail that takes you right down to the waters edge of these year round creeks. This is a private location and remote with all the sounds of nature. Come see it today!
Property Information
Lot Size
7 acre(s) square ft
Property Type
Residential
Year Built
2024
MLS Number
11267669
Location
Address
Unit 149 Arrow Head Trail
City
Moyers
State
OK
Zip Code
74557
County
PUSHMATAHA
Listing
Provider
Butterfield Overland Realty & Auction, LLC, original listing
Name
Butterfield Overland Realty & Auction, LLC
Phone
(580) 924-9595
Office Name
Red River Realty and Auction
Office Phone
(580) 924-9595
Agent Name
Dawn Tesmer

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HUD Foreclosures

HUD foreclosures and VA Foreclosures are some of the best homes to buy when price is part of the equation. As with most Americans, price is always a concern. If not buying the same house for less, why not buy more house for the same dollar invested? When looking for a good deal it is hard to do better than the VA or HUD foreclosures market. The simple truth is that there are just more VA and HUD homes on the market, as they represent such a large number of mortgages that are generated each year. This translates into more foreclosures just by the magnitude of difference between all others comparing to the two largest. The two largest also being government owned and operated means that they have less time to wait to make money back on the home. The FHA is especially known for selling HUD homes for less than the average sales price in a given area. FHA foreclosures represent a fraction of HUD but they are still a significant number of homes and both should be considered. VA (Veterans Administration) and HUD (Housing and Urban Development) have different and unique opportunities for the buyer. Both are often forgiven for the local taxes normally associated with the purchase of a home (this is on a county by county basis). Be sure to ask the local title company or escrow company to look into it for you before closing as this is often missed due to their are not used to dealing with the 2 to 3 percent of the market that VA and HUD foreclosures represent.

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Foreclosure Listings Increasing

As the market settled after the mortgage meltdown foreclosure listings also settled and fewer homes were on the market with a placard reading “Bank Foreclosure” in big red lettering. This was a good thing for the entire real estate market. Having an abundance of foreclosures brings the entire market down and it makes it harder for home owners, who would like to move, to get the appropriate price for their home as a similar home down the same street was sold for substantially less and the appraiser is using the foreclosure as a comparable sale. This is just one of the problems when there are too many foreclosure listings in any area. Another issue is the television set that sits in everyone’s living room harping about the price of homes based on the number of foreclosures and this constant barrage of negative information makes most people sit on the sidelines waiting for the market to either implode completely or to correct itself. Meanwhile while they wait, others are buying foreclosure listings and making great investments. Whatever the reason, a market can only handle so many foreclosure listings at any given time. The more foreclosures, the lower the market gets and this is a lesson the banks that were foreclosing and selling off realized too late. The market and their investments would have been better off if there had not been a rush to divest themselves of the toxic assets made more toxic by their own actions.