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13582 Cedar Valley Road
Salado, TX 76571
$1,395,000
Conventional
Property
Bedroom
4
Bathroom
3
Property Type
Conventional
Square ft
3429
Property Description
*** 22 ACRES OF AG EXEMPTION! *** Welcome to your slice of Texas paradise! Nestled on 23 acres of heavily-wooded land, this breathtaking property offers a rare opportunity to experience the beauty of Texas Hill Country living. As you enter through the gate, you'll be greeted by the neighbor's herd of Longhorn cattle, setting the scene for an unforgettable journey. The centerpiece of this property is the stunning 3,429 Sq/ft homestead, where every detail has been carefully crafted to create a haven of comfort & luxury. Step inside & be captivated by the beauty of the stained concrete floors & the open floor plan that invites you to make cherished memories for years to come. The heart of the home is the custom kitchen, specially made for the family chef. Featuring white cabinets, granite countertops, & an impressive butler's pantry, this is where culinary dreams come true. The adjacent living room boasts a cozy wood burning fireplace & large wood beams that span the ceiling, creating a warm & inviting atmosphere. Upstairs, a versatile 400 Sq/ft flex room is ready to be transformed into a second living room, game room, or exercise space. 4 bedrooms & 3 full bathrooms provide ample accommodation for family & guests, with the master ensuite offering a garden tub, walk-in shower, double vanities, & a spacious closet. Outside, the fun continues with an extended covered patio overlooking your very own swimming pool. For those with a passion for projects, a workshop (24' x 32') awaits your latest endeavor, while ATV trails beckon you to explore the peace and serenity of your own ranch. Consider working bees, cattle, goats, sheep, etc to keep the exemption active. 6 donkeys will convey to ensure the safety of your livestock from predators. Don't miss out on this extraordinary opportunity to own a piece of Texas paradise. Schedule your private showing today & experience the magic of country living!
Property Information
Lot Size
22 acre(s) square ft
Property Type
Residential
Year Built
2006
MLS Number
541245
Location
Address
13582 Cedar Valley Road
City
Salado
State
TX
Zip Code
76571
County
BELL
Listing
Provider
Keller Williams Realty Lone Star, original listing
Name
Keller Williams Realty Lone Star
Phone
(512) 868-1771
Office Name
Keller Williams Realty Lone St
Office Phone
(512) 868-1771
Agent Name
Scott D. Stout

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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.