Land with Home for Sale in Edgewood, Texas

Welcome to Fallow Hills, a stunning 80+- acre property that once was a sanctuary for majestic fallow deer. This exceptional estate features two newly renovated homes that are successful Airbnbs, projected to generate an impressive $100,000 in rental income by the end of 2024. With rolling hills, ancient trees, and five picturesque ponds--one a full 5 acres teeming with fish--this landscape is a nature lover's paradise, complete with inviting walking trails. As you enter through the private gate, you'll be captivated by views of two 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. Fallow Hills features multiple deer blinds and feeders, enhancing the wildlife experience for both hunters and nature enthusiasts. A high fence partially wraps the property, providing security while allowing the diverse wildlife--including deer and native birds--to roam freely. Tucked away are the two beautifully renovated homes, fully furnished and equipped to accommodate up to 17 guests. Whether you envision a peaceful family getaway or a thriving retreat, this property is your canvas for success. Located just 50 minutes east of Dallas with easy access to I-20, consider the potential for transforming Fallow Hills into a tiny home community or multi-building retreat. Each section is ready for development, ideal for building homes or selling off parcels. With a well for water and convenient access to city water and power, you'll have all the essentials for improvements. Partial high fencing provides a secure environment while you enjoy the diverse wildlife.

All land is ag-exempt, offering tax benefits. 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!