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1117 Charing Cross Drive
Woodway, TX 76712
$850,000
Conventional
Property
Bedroom
4
Bathroom
4
Property Type
Conventional
Square ft
3814
Property Description
In the heart of the highly sought-after Twin Rivers neighborhood, nestled on a sprawling waterfront lot, stands a 4 bed 3 full bath 1 half bath home that embodies luxury, sophistication, and comfort. All bedrooms are on the first floor with the home theater taking up the entire second floor. With its impeccable design, smart home features, and breathtaking views of the lake, this residence offers a lifestyle of unparalleled elegance and tranquility. As we approach the property, we are greeted by manicured lawns, vibrant flower beds, and towering oak trees that provide shade and privacy. The home's exterior exudes timeless charm and boasts elegant landscaping and a welcoming front porch. Stepping through the front door, we are immediately captivated by the grandeur of the foyer, where vaulted ceilings soar overhead, accentuating the sense of space and openness. A sense of warmth envelops us as we take in the rich hardwood floors and the soft glow of ambient lighting that illuminates the space. To the left of the foyer, a formal dining room beckons with its oversized windows that frame picturesque views of the lush surroundings. A custom chandelier hangs above creating an intimate ambiance for elegant dinner parties and gatherings with loved ones. Continuing through the home, we find ourselves in the heart of the residence: the custom kitchen. Designed with both style and functionality in mind, this culinary haven boasts granite countertops and custom cabinetry. A spacious island and bar seating provides the perfect spot for casual meals and entertaining, while a cozy breakfast nook overlooks the backyard oasis. Adjacent to the kitchen, the family room is an inviting space for relaxation and entertainment, with a wood-burning fireplace serving as the focal point of the room. Oversized windows bathe the space in natural light and offer sweeping views of the lush landscape, creating a seamless connection between indoors and out. Down the hallway, we discover the luxurious primary suite, tucked away for privacy and serenity. The spacious bedroom features vaulted ceilings, plush carpeting, and a wall of windows that frame panoramic views of the lake. A private patio off the primary suite provides the perfect retreat for enjoying morning coffee or evening sunsets in solitude. The en-suite bathroom is a spa-like oasis, boasting a jetted tub, a separate stand-up shower, and dual vanities adorned with granite countertops. A walk-in closet offers ample storage space for clothing and accessories, while plantation shutters provide privacy and style. On the opposite side of the home, three additional bedrooms offer comfort and convenience for family members and guests alike. One bedroom features coffered ceilings and a private bathroom, while the other two share a Jack-and-Jill bathroom with dual sinks and a tub/shower combination. Upstairs, a hidden gem awaits: a sprawling home theater complete with stadium seating, remote-controlled blackout shades, and a convenient kitchenette for snacks and refreshments during movie nights. This entertainment hub is the epitome of luxury, offering an immersive cinematic experience for family and friends to enjoy. Outside, the backyard is a private paradise, with a spacious patio overlooking the tranquil waters of the lake. Mature oak trees provide shade and privacy, while lush landscaping adds color and texture to the outdoor space. It is the perfect place to simply soak in the natural beauty of the surroundings. Completing this exceptional property is an oversized 3.5 car garage, providing ample space for parking and storage, as well as a small office for those who work from home. With its unparalleled amenities, breathtaking views, and prime waterfront location, this home offers a lifestyle of luxury and serenity that is truly unmatched.
Property Information
Lot Size
-- square ft
Property Type
Residential
Year Built
2006
MLS Number
222991
Location
Address
1117 Charing Cross Drive
City
Woodway
State
TX
Zip Code
76712
County
MC LENNAN
Listing
Provider
Austin All-Star Realty, original listing
Name
Austin All-Star Realty
Phone
(512) 739-4834
Office Name
Austin All-Star Realty
Office Phone
(512) 739-4834
Agent Name
Glenn Thompson

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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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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.