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1124 W. 6th Street
Brady, TX 76825
$825,000
Conventional
Property
Bedroom
4
Bathroom
4
Property Type
Conventional
Square ft
3404
Property Description
We have a very nice, roomy four bedroom brick home on Brady Creek. It has so much to offer that it's a little difficult to know where to start. I would be amiss if I didn't mention the almost six acres of property even though you are still in the city with many of the city amenities. You are able to drive all the way to the creek to enjoy an evening with nature. This home has 3,404 sq. ft. with vaulted ceilings, a formal living room, den, formal dining, kitchen, four bedrooms along with an office and 3 3/4 baths. It also has a large laundry room, attached two car garage as well as a detached two car garage and an outbuilding. The living room and bedrooms are carpeted with tile in the den, kitchen, and laundry room. A two sided fireplace services the living room and formal dining room. Another fireplace services the den. The kitchen was remodeled around 2012 and has granite countertops, built in oven, microwave, ice maker and dishwasher. The range has a large cooktop, and is surrounded by lots of counters for plenty of work space. The refrigerator will convey as well. The bedrooms have walk-in closets, the master has a separate seating and dressing area along with a jacuzzi bathtub. The composition roof was replaced in 2023. There are two A/C units and two water heaters as well as a sprinkler system both in the front yard and in the back yard. The city provides electricity, water and trash collection. There is a septic system that was just serviced in Dec. 2023. This home is located in an especially nice neighborhood, with well established trees and large yards. The wildlife is plentiful because of the creek. It's like having a little bit of country right in town. The homes in this area do not hit the market often, and you would do well to make an appointment to come and take a look.
Property Information
Lot Size
5 acre(s) square ft
Property Type
Residential
Year Built
1960
MLS Number
11256577
Location
Address
1124 W. 6th Street
City
Brady
State
TX
Zip Code
76825
County
MC CULLOCH
Listing
Provider
Cross Bar Land Co., Inc., original listing
Name
Cross Bar Land Co., Inc.
Phone
Office Name
Cross Bar Land Co., Inc.
Office Phone
Agent Name
Mike Barbour

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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.