Some of the common detractors that interfere with what appears to be a great opportunity on paper are: taxes, HOA and other fees, neighborhood, community guidelines, proximity to highway, RR, airport etc.
Deciding on the perfect home certainly incorporates a number of factors that extend beyond price and visual appeal. Developing a complete and clear picture may require time and multiple visits and conversations with neighbors.
You are likely correct in asking this question.....there is usually a reason! Our advice is, it would be best to determine what that reason was.
Good luck with your search,