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7332 Frankford Road
Dallas, TX 75252
Myla Patton with PATTON INTERNATIONAL PROPERTIE, original listing - (214) 769-6771
$975,000
Conventional
Property
Bedroom
4
Bathroom
Full: 4
Property Type
Conventional
Square ft
3136 Square Feet
Property Description
Stunning North Dallas Home – Fully Renovated & Move-In Ready! This beautifully updated one-story home in North Dallas offers luxury living with no expense spared. Located near shopping, entertainment, and houses of worship, it also falls within the sought-after Plano ISD—No HOA! Floor-to-ceiling glass paneling and double doors bring natural light into the home, seamlessly blending indoor and outdoor spaces. The backyard oasis features a modern heated pool and spa, plus covered and uncovered patios for year-round enjoyment. The chef’s kitchen is a true showstopper, boasting a 6x12 island, Carrera marble countertops, custom cabinetry, a built-in refrigerator, 48” gas range, double ovens, and farmhouse sinks. The oversized dining room is perfect for entertaining, complete with a custom bar, wine refrigerators, and an ice maker. New hardwood floors add warmth and elegance, while multiple living areas and a private office provide ample space for work and relaxation. The primary suite overlooks the patio and features a spa-like bath with a cast iron tub, double shower with a four-foot rain head, and custom enclosure. Each bedroom is uniquely designed with custom Schumacher wallpaper, designer lighting, and built-in cabinetry. Bathrooms showcase Waterworks faucets and premium tile from Kelly Wearstler, Artistic Tile, and Martin Bullard. This home is also energy-efficient, with new insulation, sheetrock, and thermal windows. All cast-iron plumbing was replaced with copper, and instant hot water recirculation adds modern convenience. Blending elegance, comfort, and sophistication, this exceptional home is ready to welcome you! BE SURE AND CHECK OUT THE MATTERPORT 3D TOUR UNDER THE VIRTUAL TOUR LINK
Property Information
Lot Size
0 acre(s) square ft
Property Type
Residential-Single Family Residence
Year Built
1982
MLS Number
--
Location
Address
7332 Frankford Road
City
Dallas
State
TX
Zip Code
75252
County
COLLIN County (WEST)
Listing
Name
Phone
(214) 288-5725
Office Name
Office Phone
(214) 769-6771
Agent Name
Myla Patton
Agency Phone
(214) 769-6771

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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.