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340 Bronco Boulevard
Liberty Hill, TX 78642
$995,000
Conventional
Property
Bedroom
4
Bathroom
2
Property Type
Conventional
Square ft
3736
Property Description
True elegance in the highly desirable gated community of Sundance Estates in Liberty Hill. This stunning 4 bedroom 2 bathroom home is the essence of class, replete with countless modern updates to include new flooring throughout, as well as full kitchen and bathroom remodels. The finishing details tie it all together with sophistication and style via the upscale lighting and fixture hardware. Find new Anderson windows in the bathrooms and entire rear of home, as well as Anderson doors to the back patio and laundry exit. Electronic window shades in the main bedroom, kitchen and living allow for privacy at the touch of a button. The guest room was finished with a custom California Closet solution to accommodate even the many-a-suitcase toting visitor, while the 4th bedroom can function as either a bedroom or home office. Outdoor living at its finest, the oversized 25’ east facing, covered rear patio is an outdoor entertainer’s paradise. If you enjoy entertaining, this yard will accommodate! Lounge in the shade or take a dip in the pool while the kids go wild on the massive playscape and trampoline. The elegance continues into the spacious guest house which boasts a large, open living/kitchen area, separate sleeping area, and a pool-accessible full bathroom with a truly massive double shower. Creating a perfect setting for both overnight guests or long-term living, the well-equipped guest house also features a huge storage/closet/laundry area, and includes a two-car garage with epoxy-treated floors. To the rear of the property is an oversized paved area for additional parking, as well as a sport court for both basketball and pickleball! An electric gate creates a second entrance for privacy and easy access to the guest house. New A/C installed in 2019, with additional mini-split installed upstairs in 2021.
Property Information
Lot Size
1 acre(s) square ft
Property Type
Residential
Year Built
2005
MLS Number
536864
Location
Address
340 Bronco Boulevard
City
Liberty Hill
State
TX
Zip Code
78642
County
WILLIAMSON (WEST)
Listing
Provider
All City Real Estate, original listing
Name
All City Real Estate
Phone
(866) 277-6005
Office Name
All City Real Estate Ltd. Co
Office Phone
(866) 277-6005
Agent Name
Jeffrey A. Wolfe

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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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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.