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121 Angelina Drive
Aledo, TX 76008
John Zimmerman with Compass RE Texas, LLC, original listing - (214) 814-8100
$1,739,000
Conventional
Property
Bedroom
4
Bathroom
Full: 4
Property Type
Conventional
Square ft
5435 Square Feet
Property Description
Nestled in the exclusive gated La Madera community, this stunning home perfectly balances natural light and shade, creating an ideal setting for indoor and outdoor living. Located in elite Aledo ISD, this home is designed for those who appreciate both sophisticated style and everyday comfort. Step inside through an oversized entry door and be greeted by an expansive open floor plan, soaring vaulted ceilings, smooth textured walls, and hand-scraped white oak floors bathed in natural light. A private office offers inspiring views of rolling land and wildlife, while a dedicated home gym is the perfect space to start your mornings. This custom-built home is as versatile as it is stunning, featuring a media room that can be converted into a 5th bedroom and an oversized utility room with the option to add a half bath. Thoughtful details abound, including a built-in dog crate and a separate fenced dog run for your furry companions. Outside, an exquisite resort-style retreat awaits. A 2023 saltwater pool with a UV light system, silver travertine, and wet-edge finish is the showpiece of the 1,600 sq. ft. turf area, all framed by Garden Studio Design landscaping and 5,200 ft. of wrought iron fencing. Technology meets convenience with WiFi-enabled AC units, pool, and sprinkler systems, while spray foam insulation throughout ensures energy efficiency. A 340-ft deep well, reverse osmosis water filtration, water softener, sulfur, and sediment filters provide superior water quality. In the game room, built-in keg taps, wine and beverage refrigerators set the stage for entertaining in style. With an endless list of upgrades, available upon request, this is more than a home—it’s a lifestyle.
Property Information
Lot Size
2 acre(s) square ft
Property Type
Residential-Single Family Residence
Year Built
2022
MLS Number
--
Location
Address
121 Angelina Drive
City
Aledo
State
TX
Zip Code
76008
County
PARKER
Listing
Name
Phone
(817) 247-6464
Office Name
Office Phone
(214) 814-8100
Agent Name
John Zimmerman
Agency Phone
(214) 814-8100

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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.