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212 Cr 423
Lorena, TX 76655
$570,000
Conventional
Property
Bedroom
3
Bathroom
2
Property Type
Conventional
Square ft
2818
Property Description
Looking for a gorgeous slice of country in Falls County that's outside the city limits? The main 3 bedroom, 2 bath home is filled with natural light and has a wonderful living area, office nook, kitchen with birch cabinets, granite countertops and dining area. The primary suite has a spacious bathroom with dual vanities, oversized shower with floor to ceiling tile and two shower heads and a beautiful soaking tub. Attached to the heated and cooled 3 car garage is a spacious 1 bedroom, 1 bathroom apartment that would be perfect for a mother-­in­-law suite or guest rooms. Above the garage there is a 550 sq.ft. loft that has endless possibilities such as a game room, extra bedroom or home office. Sitting on the covered patio, you can soak in the picturesque view of the lush pasture adorned with magnificent oak and pecan trees. Turning your attention to the backyard, you'll notice an inviting outdoor fireplace perfect to gather with friends and family on the cooler evenings ahead. Adjacent to the fireplace, you'll find a cool outdoor covered bar and an above-ground pool with surrounding deck that can be up and going by next summer. This backyard oasis offers a harmonious blend of natural beauty and modern comfort. It's a place where you can unwind, entertain, and connect with the serenity of the outdoors. In between the two large insulated workshops there is RV parking and hookup and both shops have electricity. Two septic systems are located on the property with one being a new aerobic system. There is also a small barn with 3 horse stalls in the back pasture! Enjoy endless storage and abundant space for entertaining on this beautiful 4.7 acres to make yourself at home!
Property Information
Lot Size
4 acre(s) square ft
Property Type
Residential
Year Built
--
MLS Number
218342
Location
Address
212 CR 423
City
Lorena
State
TX
Zip Code
76655
County
MC LENNAN
Listing
Provider
Magnolia Realty, original listing
Name
Magnolia Realty
Phone
(254) 218-5940
Office Name
Magnolia Realty
Office Phone
(254) 218-5940
Agent Name
Megan Romero

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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.

Free Foreclosure Listings

USHUD.com is a website that simplifies the process of finding foreclosures and HUD properties. Everyone thinks they are a real estate web surfing pro until they search for foreclosure homes and stumble upon a numerous sites that want to charge a fee to see their listings. With USHUD.com that’s not the case. When searching for HUD properties or a home finding website for foreclosure it is important to know what you are looking for. It is important to use a niche company that specializes in foreclosures like USHUD.com. We have put together 2 tools that have made the real estate search process of our website much easier to navigate. The Homesearch online tool is filled with foreclosure lists and free listings of hud homes for sale. Most of our users start with a broad search with the homesearch online tool to see the most HUD properties and foreclosure lists in your area and narrow their search down with the Homefinder online tool. The homefinder online tool is a custom filter system that we breakdown the area based upon filters such as convention and foreclosure listings. This give you the option to filter out conventional listings and focus on just the foreclosures in the market. We thank you for making us Americas top home finding website for foreclosure and Hud properties. Free listings of hud homes for sale are hard to come by but should always be free and that’s the way things are going to stay on our website.

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.