
$418,020
NAL Estimated Property Value2192 VZCR 3117, Edgewood, TX, 75117
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About this property
Welcome to Fallow Hills, a stunning 16.6+- acre property that once served as a sanctuary for majestic fallow deer. This enchanting estate comes with two newly renovated homes that are fully stocked and furnished, currently thriving as a successful Airbnb, with projections to generate $100,000 in rental income by the end of 2024. Each home features its own hot tubs and multiple porches, decks, and patios—perfect for relaxing while enjoying breathtaking views of the surrounding landscape. With rolling hills, ancient trees, and two picturesque ponds—one a full 5 acres teeming with fish—this property is a nature lover's paradise, complete with walking trails inviting exploration and adventure. As you enter through the private automatic gate, you’ll be captivated by views of 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. Behind one of the homes, you’ll find a spacious shop with two large overhead doors, ideal for storing boats, RVs, or other toys. Additionally, a carport connected to one of the houses offers convenient shelter for vehicles, while sheds on each side provide extra storage space. The property also includes a well, ensuring a sustainable water supply without the worry of bills. There’s also access to co-op water from the street if you need that! With easy access to I-20 and located just 50 minutes east of Dallas, consider the potential for transforming Fallow Hills into a tiny home community or multi-building retreat. There’s endless opportunity here! All land is ag-exempt, offering tax benefits. Both homes are successful Airbnb’s, and 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!
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Learn About the Market: Opportunity in Texas




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Texas
Living in Texas means access to four of the nation’s most dynamic metro economies — Dallas–Fort Worth’s corporate and logistics powerhouse, Houston’s global energy and medical hub, Austin’s tech-driven and culturally iconic Live Music Capital of the World, and San Antonio’s historic yet steadily expanding military and healthcare center. The state blends economic scale with cultural significance, rooted in independence, entrepreneurship, and a strong sense of place — from Friday night football to world-renowned barbecue and music festivals. For homebuyers, Texas offers comparatively attainable housing, no personal income tax, and master-planned communities built around space and convenience; for investors, continued population growth, business relocation, and diversified industries create sustained demand across urban cores, suburbs, and emerging secondary markets.
Population Growth
~1.3% annually
Net Migration
Positive
Median Home Price
$283,800
Unemployment Rate
4.3%
Price Trend
Flat
New Permits
158,121
City: Edgewood
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