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7010 Bending Trail
Mcgregor, TX 76657
$2,249,000
Conventional
Property
Bedroom
4
Bathroom
5
Property Type
Conventional
Square ft
6138
Property Description
7010 Bending Trail exemplifies absolute luxury, both inside and out! Perched on an over-sized, corner lot in the prestigious Hidden Valley Subdivision, this turnkey custom, 6138 square foot single-story home showcases elegance at every turn. As you enter the expansive circular drive, you are met with attention to detail from the moment your feet touch the ground. The grand exterior features extensive use of stone and beautiful 12’ glass doors and windows with iron detailing. Upon entry, you encounter soaring ceilings (most are 16’-20’), massive wooden beams, and natural light flowing from every direction, especially through the study with it’s modern focal point: glass and iron floor-to-ceiling “walls.” Beyond an optional living/dining room is a wet bar and curated wine room housing two under-counter wine refrigerators before arriving in the spectacular gourmet kitchen that features a ten-foot island, quartz countertops, walk-in pantry, Wolf 6-burner range with double ovens, Meile built-in espresso/coffee maker, and recessed stainless appliances. Adjacent to the kitchen is a curved, multi-windowed dining area. Through a trio of massive stone arches is the Great Room, grand with its wooden beams, yet inviting with a cozy fireplace. A flex room offers a wet bar, ice maker, accent brick wall and a double, French door entry. The home has four bedrooms, 3 full and 2 half baths. All impress, most notably the primary suite featuring stone walls, wooden beams and custom shutters, a romantic wood-burning fireplace, a private door to the patio, and expansive walk-in closet, extensive use of marble, bidet, dual vanities, soaking tub, and a dramatic shower. Quality elements include custom cabinetry offering amazing storage throughout the home, foam insulation, tankless water heaters, Cat-6 sound system with interior and exterior networking, solid 8’ interior doors, oversized glass and iron exterior doors throughout, crown moldings, custom plantation shutters and shades, wood and marble floors (no carpet), security system, over-sized, 3-car garage, and a large laundry with sink, refrigerator nook, and even more cabinetry. These appointments likely check all of the boxes of your dream home! Then, consider the outdoors, including the expansive wood ceiling, multi-arched patio with recessed lighting, speakers, and wiring for two flatscreens (so you’ll never miss the game), built-in grill with granite counters and sink, plenty of space for a pool, and raised, organic garden beds. There is little left to desire! 7010 is calling your name – don’t miss this stunning estate. Zoned to Midway ISD and the highly-rated South Bosque Elementary.
Property Information
Lot Size
-- square ft
Property Type
Residential
Year Built
2018
MLS Number
222070
Location
Address
7010 Bending Trail
City
McGregor
State
TX
Zip Code
76657
County
MC LENNAN
Listing
Provider
Camille Johnson, REALTORS, original listing
Name
Camille Johnson, REALTORS
Phone
(254) 405-6162
Office Name
Camille Johnson
Office Phone
(254) 405-6162
Agent Name
Kristin Clements

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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.