Author Topic: Your Very Own Riverhaus? It Could Be Yours!  (Read 1886 times)

Alkie

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Your Very Own Riverhaus? It Could Be Yours!
« on: March 21, 2010, 09:49:37 am »
Domingo!  Domingo!  Domingo!   Saludarse sus manos con el diablo!

Have you ever dreamed of having (or possibly sharing) a luxurious vacation property just outside New Braunfels, Texas?   Did you ever want to watch naked college student who are much prettier than you floating through your backyard as you trade them BBQ for tits?  No?  That's good, because our Riverhaus is not exactly what you'd call luxurious and is NOT on the section of the Guad that floaters go through; trampling through your backyard and teaching your kids how to get pregnant.   BUT IT COULD BE YOURS!

Alkie, what are you talking about?

I'll tell you, pardner.   It seems that driving from Houston to New Braunfels is a bit easier to do than driving from Manhattan to New Braunfels.  Despite my insistence to my wife that we would continue to fly back to San Antonio to use our Riverhaus, it's clear we really won't.   Ever.   So basically, I'm paying $1190/mo for the world's largest storage area.   With 100 feet of Guad frontage!

Yes sir.   

Alkie, we still don't know what the fuck you're talking about.

That's not news.   But what is news is that we're basically being forced to sell the Riverhaus, along with one full acre of Guadalupe River fronting property, literally at the end of a private dirt road.   Not one car will drive past your house (unless that person is seriously fucking lost).   You get 104 feet of frontage on the Guad below the city, but above Lake McQueeney.   Want to drop a tube in and just hang out?   You can do that, because in your backyard you have the best of both worlds; flowing river on the right and peaceful lagoon on the left.    Want to float down to the waterfall at the end of our block?   Drop in on the right, take your favorite cooler and adult flavored beverage and take the 45 minute float.   Want to sit in your backyard in a toob with a cooler and yell at your kids to take that thing out of the dog?   Drop in on the left and just float around in a small circle in your lagoon.

But Alkie, my kids hate fun and I can't bring myself to enjoy Central Texas without BBQ.

No hay problemo, amigo!   I spent $1,800 building a military weapons grade smoker on the premises.   With up to 32 feet of smoking space (no shit) and enough room for a whole hog without all that creepy tying its head behind its ass stuff you see in the city.   Granzin's Market sells all your favorite cuts of meat just 8 minutes away.    Want to go into town to eat?   You're 9 minutes from Seguin and 7 minutes from New Braunfels.    Want to go into SA for the day because your miserable fucking kids just have to go to the Riverwalk (no relation to Riverhaus)?   35 minutes on either I-10 or I-35.   Also, there's about 3/4s of a cord of pecan/oak/mesquite seasoned in the garage, which you inherit.   It's seasoned for two years and ready to use.

So, like, what kind of condition is this house exactly?

Uh, yeah, about that.   We decided to move to NYC in the middle of the remodel, so here's the deal.   The structure is completely in place and all the walls and doors are there.  Plumbing and electric are 100% done.    It probably needs to be painted a different color and we still need to trim the walls, but that's it.   The house was built in 1960, completely remodeled in 2007, and includes both a 2 car garage and a very large storage shed.   The septic tank is (or at least was, last time we were there) in perfect working shape.   The water pump (that's right, did I mention you'll never pay a water bill?) is only a few years old and kicks ass.    Make no mistake, this house is exactly what it is.  It's a place to go for the weekend, track mud around, let the kids run loose, and then, on Sunday, hose down and leave until next Friday.   It's not a fishing cabin, but it's not the sort of place I'd buy for my parents either (or even for someone I like).   It's a weekend vacation house.  Period.

But what about rednecks?   Who will protect my investment all week?

Glad you asked.   You're bookended by a pair of brothers.   On this side, you got Paul.   He's a printer from Houston who retired out here about a decade ago.   Sweet, sweet fellow who honestly doesn't seem to get what "retirement" means.   If he's not taking down a tree or building a fence for you, he's helping fix your car or tending to the pit.   On that side, you have Jimmy and his wife.   Want the weird part?   Jimmy and Paul are brothers.   They couldn't afford the property we have, so they took the smaller lots on either side and figured that was close enough.   Jimmy currently does our yard for us and is the one with the shotgun that questions anyone that might wander onto our property.   In 3 years, it hasn't happened once, but at least you know he's there.   

But is it quiet and peaceful out in the middle of Central Texas?

The week we moved in, three years ago, we woke up one night to Jimmy shooting an armadillo in his wife's garden.   Since then, never once been woken up by neighbors, music, gunfire, etc.   Frankly, that shocked me, but it is the truth.

Uh huh, so...how much is this place?

Oh man, am I glad you asked.   Here's the entire deal.   We bought this place in April of 2007 for $155,000 and have since put about another $20k into it (tearing out a wall so you could actually see the fucking river from the kitchen, putting in a new kitchen from floor to ceiling, running new pipes in some places, running entirely new electrical to the main part of the house, re-do-ing the sun room where you sit and watch the river with the windows open and mudproofing the floors throughout).   I still don't understand why the last people had carpet in a kid's room at a river property, but hey, if you like cleaning mud our of carpet, you're free to lay some down.   We'll throw in a $2,300 Cub Cadet riding lawn mower (and yes, it kicks ass, even your fat, gay, lazy Jew husband will look forward to mowing the yard on this thing) as well as the brand new, literally never used $1,000 6 person boat with brand new trolling motor.   One of our dumber stories -- we bought the boat 6 hours before Continental Airlines emailed us that they had a last minute $240 per person sale to Paris last year; the trip that prompted us to move to NYC a month later.    If you want us to leave all the 3 year old appliances (new washer/dryer, new refrigerator, one 50 inch HD TV, and brand new IKEA sink) or any of the furniture that we bought and that is in pristine (really) condition, it's yours as part of the package.   Saves me from having an estate salesdude come jerking me around on it all.   We're asking $130,000 to just get out from the remaining loan.   Don't want to drop that kind of coin on a weekend place?   Certainly there must be 2-3 people/families on this board that would be thrilled to go in on this on a partnership deal.   It ain't like you're going to be using the thing EVERY weekend anyway.   Also, I can tell you from experience that this will easily sleep 7 adults and as many kids are willing to sleep on sleeping bags.   HINT:  It's an outstanding place for you all to flee to during the next Ike.   Two families of 4 could easily use the house at the same time.   Easily.

Why so cheap?

#1 - I'd rather sell this without having to hire one of the dipshit realtors there.   That saves me $13,000 right there (off what we were going to ask $145,000 for).   
#2 - like I said, we'll never use the house again, so trying to make a huge profit seems fairly stupid.   I just want to pay off my mortgage and stop paying an electric bill on a house to keep my old furniture cool in summer and warm in winter.   

Is this for real?

Unfortunately, yes.   For $65,000 each for two families or $130,000 total for one, you can have a pretty fucking sweet weekend/summer pad.   You can fish in your backyard for gigantic Boss Level sized catfish, white bass, perch, bluegill for the kids, and (no fucking shit) tilapia; which the army stocked in our part of the river to eat algae 10 years ago.   Across the river from you is a wall of ancient trees that is behind a golf course.   There is literally no noise and the only people you'll see on this part of the river are your neighbors fishing or pleasure cruising/floating.    THIS PROPERTY HAS NEVER FLOODED.   Not once.  Not even in 1998.   Your neighbors can't WAIT to remind you that their houses did, but yours didn't because it's at the top of a hill.   

How much does it really cost to buy/maintain this place?

This is exactly what I spent, but remember that I kept internet and DirecTV up there full time.   My mortgage on $155,000 with 20% down came out to $1,190/mo (which includes taxes, home insurance, flood insurance, and other escrow).   I pay $45/mo for broadband internet, $39/mo for DirecTV (dish is in place and cables run), about $80/mo during the summer for electric and $30/mo in the winter.   Water is free, waste water is free.   Trash, if you don't want to just take everything back home on Sunday, is $80 per quarter and picks up every Monday.   You avoid city taxes because you're in an unincorporated area, but get to use both GuadCounty sheriff and New Braunfels police/fire.   Seriously, we spent more on raw meat and Shiner than we did on utilities. 

What else do I need to know about this place?

The brothers on either side take care of the place for us with a smile while we're not in town and we've never returned to find our house in any condition other than exactly how we left it.   Heat and a/c work perfectly and the real oddity of the house is that the only access to the attic-space (not a real attic) is through the air vent on the side of the house.   From April through October, you'll have to mow every 3 weeks.  During winter, not at all.   You get fireflies, a family of golden eagles lives in your backyard on a 100+ year old sycamore, and you seriously can't beat sitting out till 1am, drinkin' Shiner on the top of your hill, listening to the river below you and feeling the Central Texas breeze.   

I know everyone says this when they're selling something, but I mean it...I hate to see it go.  I always figured we'd be back in Texas eventually and I'd be glad we sat on it.   My wife has finally convinced me otherwise, so we might as well sell it.   PM me if you're interested.   

MusicMan

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Re: Your Very Own Riverhaus? It Could Be Yours!
« Reply #1 on: March 21, 2010, 11:00:12 am »
(and yes, it kicks ass, even your fat, gay, lazy Jew husband will look forward to mowing the yard on this thing)

Wait a minute... you're fat?
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Alkie

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Re: Your Very Own Riverhaus? It Could Be Yours!
« Reply #2 on: March 21, 2010, 11:17:21 am »
Wait a minute... you're fat?

I see it's been a while.

Bench

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Re: Your Very Own Riverhaus? It Could Be Yours!
« Reply #3 on: March 21, 2010, 12:17:48 pm »
I'm interested but need to make sure it's the right place.  Mail me the keys and I'll let you know by Labor Day.

ETA:  In the meantime, keep paying the electric bill.
« Last Edit: March 21, 2010, 12:19:50 pm by Bench »
"Holy shit, Mozart. Get me off this fucking thing."

Astroholic

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Re: Your Very Own Riverhaus? It Could Be Yours!
« Reply #4 on: March 21, 2010, 09:12:56 pm »
PM Sent.

Alkie

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Re: Your Very Own Riverhaus? It Could Be Yours!
« Reply #5 on: March 23, 2010, 09:38:53 am »
Ok, here's an FAQ based on all the PMs and emails I've gotten:

DO YOU HAVE ANY PICTURES?
Uh, sort of.   We didn't stop to think we needed realtor quality photos before we left the house back in May, 2009.   I have one picture of the kitchen the day we finished painting the new walls and ceiling, but the picture doesn't show the new light fixtures and still has furniture out of place.   I do have about 12 pictures, however, of the river in the backyard; which is what this property is actually about.

IS THE HOUSE IN FANTASTIC SHAPE?
Ok, I didn't mean to scare people with the first post.  The house is 100% move in and use ready.  If you don't want to do shit to it and assume it's basically a glorified fishing cabin with new appliances (except the electric stove/oven) and tile floors, it's ready to move in to right now.   The trim that goes along the ceiling and floors is sitting in the storage room and needs to be installed.   The door to the master suite needs to be resized to fit the irregular door frame, but that's like $40 or 15 minutes of work. 

WE WANT TO SEE THE INSIDE OF THE HOUSE; WHEN CAN WE DO THAT?
Yes, I understand that if you're purchasing a house, you probably want to see the inside.  Here's the deal.   Our neighbors have no idea we're selling and while they'll actually likely be thrilled that someone will be occupying the house again, they don't know and I don't want them to hear it from someone else first.   Because of that, I haven't told them yet because I don't want to freak them out.   I intend to do so soon.   In the meantime, please feel free to drive out there, walk the acre, see the river, look in the windows.    Again, and I can't stress this enough, if you're buying this place because of the house, you're badly confused.   This is $120,000 for the acre of Guad riverfront property that happens to have a $40,000 house on it.   Yes the house is usable, yes the house is safe and secure and lockable, no the house is not a fucking palace.   It's a place to sit around in your underwear, get drunk, have sex, and let your kids run fucking wild without worry.    TO BE CLEAR, I'm not saying you can't see the inside, and no there's nothing to hide (I swear), it's just that since I'm not there and not using a realtor, I'm a little worried about pissing off the neighbors at this second with "say, we've got 9 people coming over to see the house, do you mind acting as a free realtor?"

IS THE PRICE NEGOTIABLE?
What, you want to pay me MORE than $130,000?  Sure.   Less?   No.   I'm serious.   This isn't the fucking swap meet.   You want to haggle over price, go hire a realtor and buy a house from someone you don't know.   My wife wants to list this place at $145,000 through a realtor.   I figured we could sell it for what I actually need to get ($130,000) by offering it to people I have a history with here.   Don't offer me less, I'm not interested.   Seriously.   Trust me when I say you're fucking stealing this place at $130,000.   Put $10,000 into landscaping and paint and it's a $175,000 piece of property.  (But Alkie, why don't you just do that?  Because I'm in NYC, remember?  I'd honestly rather die than fly back to Texas every 2 weeks to hire contractors and laborers to fix a house I don't need to turn a profit on, thanks).

HOW MANY ROOMS?   HOW BIG IS IT?
Oh yeah, I guess you want that sort of info, huh.   It's a 3 bedroom, 2 full bath house with a sun room that views the river and a large open kitchen/dining/living area.   The entire house is 1550 sf and includes a 4th room that used to be a crib room for a baby.  You could easily get a single twin bed in there, but we just use it for storage.    Like I said, you could EASILY get two entire families in there at once.    The master suite has its own bathroom, a brand new a/c unit, ceiling fan, and separate entrance (if you want it) to both the garage and the backyard.   You could wall off that suite, in fact, and have two completely separate units (one 1/1 with a washer/dryer and one 2/1 with the kitchen/sunroom/livingroom).    During Ike, we had 9 adults in the house without issue at one time.   We currently have a king bed in the master, two twin beds in the kids room, a queen bed in the 3rd bedroom (with room for another twin bed easily) and two futons in the living room.   We even got a twin bed in the sunroom for my brother in law during Ike.  The house is surprisingly well laid out for a 1960 house.

TAXES?  INSURANCE?
Taxes last year were something like $2100 and insurance is $490/yr for flood and $1200/yr for regular home insurance.   Our total monthly mortgage payment includes the $124,000 we financed over 30 years at 7.00% plus the taxes plus the insurances and comes to $1,190/mo.   Considering that rates are like half what they were when we bought this house, you may be able to knock off another $100/mo or so. 

UH, SAY, WE DROVE OUT THERE AND IT'S ON A DIRT FUCKING ROAD WITH MOBILE HOMES ON IT.
Yes.  It is.   Can't stress this enough.  You're not buying a fucking mansion on River Road on a cliff.   This is at the end of a very real dirt road with very real mobile homes on it.   This house is at the end of the block with the other 4 foundation homes.   If you're not the kind of person who can have a river property next to law abiding mobile home owners, don't bother going out there.   In 3 years, we've never had a single problem with neighbors.  In fact, they're usually more likely to PROTECT your property than ROB IT BLIND.    If you were hoping for a 3500 sf hacienda with heated tile floors next to the other rich Texans, you're going to be spending about 20 times what I'm asking.   

GOOD GOD, THE LANDSCAPING IN FRONT -- IF THAT'S WHAT YOU CALL IT -- IS SHIT.
Yes.   Once you see the backyard, you'll understand that the front yard is pretty much to park in.   That's it.

FRUIT TREES?
Yep.   All the pecans, pomegranate, apricots, and plums you can eat.   If the goddamn squirrels don't beat you to it.   In fact, I know the people before us claimed an ag exemption on their taxes because of the fruit trees.

Duke

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Re: Your Very Own Riverhaus? It Could Be Yours!
« Reply #6 on: March 25, 2010, 03:16:53 pm »
Alkie,

I sent you a PM (I think).

Alkie

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Re: Your Very Own Riverhaus? It Could Be Yours!
« Reply #7 on: March 25, 2010, 04:57:14 pm »
Alkie,

I sent you a PM (I think).

Didn't get it.

Duke

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Re: Your Very Own Riverhaus? It Could Be Yours!
« Reply #8 on: March 28, 2010, 12:39:44 pm »
Alkie,

Sent you a PM.  Can you respond by e-mail? 

Alkie

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Re: Your Very Own Riverhaus? It Could Be Yours!
« Reply #9 on: March 28, 2010, 03:11:22 pm »
Alkie,

Sent you a PM.  Can you respond by e-mail? 

Yep, I responded by PM and then saw this.   Sorry man, I left my email addy in the PM.