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1272 County Road 455
Thorndale, TX 76577
$800,000
Conventional
Property
Bedroom
3
Bathroom
3
Property Type
Conventional
Square ft
2173
Property Description
19+ Acres nestled in the serene town of Thorndale! Easy commute to the new Samsung Semiconductor. This single-level residential farm home sits majestically on just over 19 acres of lush countryside, offering a perfect blend of comfort and tranquility. As you step into the home, an inviting office room greets you to the right, setting the tone for a perfect work-from-home space. The well-designed layout encompasses 3 bedrooms and 2.5 bathrooms.The primary bathroom is a luxurious retreat, featuring a soaking tub, a separate walk-in shower, and a spacious walk-in closet. Dual vanities with ample storage provide both functionality and elegance. The secondary bedrooms are adorned with built-ins and ceiling fans. Floor-to-ceiling windows illuminate the rooms, creating a bright and airy atmosphere. The living room boasts a dedicated area for a wood-burning stove,There is NOT currently a wood burning stove, perfect for cozy evenings. The heart of this home is undoubtedly the gourmet kitchen, featuring a built-in double ovens and a gas cooktop. The kitchen is a chef's delight, complete with a walk-in pantry and a convenient center island for culinary adventures. The adjacent massive mudroom not only offers additional pantry and storage space but also accommodates two washer and dryer hookups, making laundry a breeze. A half bathroom in the mudroom adds convenience for guests. Step outside to the backyard oasis, where a metal privacy fence encloses the property. A covered patio extends the entire rear of the house, creating an ideal space for outdoor gatherings and relaxation. An above-ground pool adds a refreshing touch to warm summer days. The 40x30 workshop is insulated and offers a flexible work space. There is also a two car carport, covered storage and a 40 x 58 Covered Pen/ Arena. There is a tank on the back side of the property so bring your cattle or other livestock and an electric gate at the entrance to the property.
Property Information
Lot Size
19 acre(s) square ft
Property Type
Residential
Year Built
2014
MLS Number
526677
Location
Address
1272 County Road 455
City
Thorndale
State
TX
Zip Code
76577
County
MILAM
Listing
Provider
Magnolia Realty, original listing
Name
Magnolia Realty
Phone
(512) 402-5111
Office Name
Magnolia Realty
Office Phone
(512) 402-5111
Agent Name
Heather J. Morstatter

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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.