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19032 Mayfield Rd
Raymondville, MO 65555
$670,000
Conventional
Property
Bedroom
3
Bathroom
3
Property Type
Conventional
Square ft
3760
Property Description
Nestled amidst the tranquility of nature's embrace, Magnolia Meadows awaits, a 42-acre haven where the art of living finds its canvas in the splendor of the surroundings. As you approach along the tree-lined driveway, a symphony of colors unfolds, with majestic white oaks, apple, pear, maple, and magnolia trees painting a picturesque landscape. Privacy reigns supreme at Magnolia Meadows as the home sits gracefully, set back from the road, offering a retreat from the world's hustle and bustle. A 40x40 two-car detached garage stands as a sentinel of storage, while a magnificent 40x40 barn graces the field, where horses gallop freely. The adjoining field, an idyllic haven, is fenced and cross-fenced for your livestock companions, with two serene ponds to explore, one teeming with the lively dance of bass. Step inside the charming Southern country style home, and a world of refined rustic elegance unfolds. The kitchen greets you with soaring 11-foot vaulted ceilings and custom walnut cabinetry, with a pass-through window that invites you to gaze into the beautiful living area, where 14-foot ceilings frame a wood-burning fireplace, and a series of doors adorn the west wall, leading to the wrap-around porch—an invitation to alfresco living at its finest. For formal meals enjoyed inside, a gorgeous dining area awaits, flooded with natural light and elegance. The main floor of the home boasts a spacious master suite, a sanctuary unto itself, with French doors opening to a deck and gazebo, where morning coffee takes on a new meaning. A roomy walk-in closet and an en suite bathroom complete this retreat, while two additional bedrooms on this level, as well as another bathroom, ensure comfort for family and guests. Descending to the lower level, another living area awaits, adorned with a second wood-burning fireplace. A small kitchen area and another bathroom make this space versatile, perfect for entertaining, hobbies, or simply indulging in cozy evenings by the fire. This 42-acre estate is more than a property; it's an invitation to immerse yourself in the beauty of the countryside, embrace the warmth of a charming home, and create a lifestyle where every day feels like a page from a storybook. Welcome to Magnolia Meadows, your new chapter.
Property Information
Lot Size
42 acre(s) square ft
Property Type
Residential
Year Built
--
MLS Number
--
Location
Address
19032 Mayfield Rd
City
Raymondville
State
MO
Zip Code
65555
County
TEXAS
Listing
Provider
Living The Dream Inc., original listing
Name
Living The Dream Inc.
Phone
(855) 289-3478
Office Name
Living The Dream Outdoor Properties - Leasbur
Office Phone
(855) 289-3478
Agent Name
Amanda Robertson

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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.