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180 Hill Top Dr
Jefferson, TX 75657
$1,300,000
Conventional
Property
Bedroom
4
Bathroom
4
Property Type
Conventional
Square ft
5407
Property Description
Situated on a vast 9 acres just minutes away from historic Jefferson, Texas, is this unique 5,407 square feet home that sits on a hilltop, hence the address!! This masterpiece shows where luxury meets practical comfort in this stunning 4 bedroom, 3.5 bathroom house! The upstairs has 2 bedrooms, along with the media room, workout room with storage area, and a game room with a shuffleboard, all of which overlook the living/dining room downstairs. Step inside and be greeted by the spacious upstairs loft featuring a large bookcase and the elegance of granite countertops that perfectly complement the modern farmhouse kitchen. As the evening cools down, cozy up next to the large brick fireplace and create memories that will last a lifetime. Escape to your own private oasis in the backyard, complete with a refreshing pool featuring a swim jet and a relaxing hot tub, encased by a cedar fence all the way around, with a custom bathroom accessible from the pool area! All of your pool controls and equipment are protected against the elements and easily accessible with the control room at the end of the pool. Don't forget about the convenient utility shed, providing ample storage for all your gardening tools and outdoor equipment. Behind the utility shed, you can find the standby home generator along with solar panels that contribute to a very low monthly utility bill for this fully electric home. With a garage and additional parking spaces nearby, you'll never have to worry about finding a spot for your vehicles. In front of the house is a stocked pond with a dock to enjoy at your own pleasure! With so much to offer, this property truly provides a well-rounded country living experience. Located in a desirable neighborhood, you'll have easy access to schools, parks, shops, and restaurants! Grab this one before it is gone! Schedule a showing today to view this one of a kind home!!
Property Information
Lot Size
9 acre(s) square ft
Property Type
Residential
Year Built
2021
MLS Number
20240765
Location
Address
180 Hill Top Dr
City
Jefferson
State
TX
Zip Code
75657
County
MARION
Listing
Provider
Coldwell Banker Lenhart, original listing
Name
Coldwell Banker Lenhart
Phone
(903) 753-0447
Office Name
Coldwell Banker Lenhart
Office Phone
(903) 753-0447
Agent Name
Nathan Goldberg

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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.