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510 Indian Crossing
Jourdanton, TX 78026
$280,000
Conventional
Property
Bedroom
3
Bathroom
2
Property Type
Conventional
Square ft
1427
Property Description
Unique opportunity to own a stunning new build in Jourdanton, Texas! This contemporary home is situated in the Indian Crossing subdivision, just 45 minutes from downtown San Antonio and within walking distance of the high school and middle school. Boasting 3 bedrooms, 2 full baths, and 1427 square feet of living space, this home features an oversized side entry garage, a striking metal and glass front door imported from Mexico, a covered front porch, and a spacious 200 sq. ft. built-in covered patio with two sliding doors leading to an open concept floor plan. Outside, the home is finished with Cracked Pepper exterior paint accented by tongue and groove wood details, a 30-year rated architectural shingle roof, a 6-foot privacy fence, and fresh landscaping sod. Inside, luxury vinyl flooring flows throughout the home, complemented by Quartz countertops in the kitchen and bathrooms, and 9-foot ceilings add to the sense of space. The kitchen is a chef's dream with soft-close cabinets and doors, pendant lighting over the island, a 3x12 subway tile backsplash, maple floating shelves, Samsung appliances, a built-in glass cooktop with stainless steel vent-a-hood and pot filler, and a pantry. The first bedroom or office boasts 12-foot ceilings, while the primary bath impresses with floor-to-ceiling tile, gold fixtures, a rain shower head with handheld spray, dual vanities with wall-mounted plumbing fixtures, and a spacious walk-in closet. The secondary bathroom features black fixtures, a vessel sink, wall-mounted plumbing fixtures, a tiled tub surround, and a rain shower head. Additional highlights include a utility room with floating shelves and extra storage, LED lighting throughout the home, 6-inch baseboards, and a builder 1-2-6 Home Warranty. This property is truly a must-see!
Property Information
Lot Size
-- square ft
Property Type
Residential
Year Built
2024
MLS Number
1765534
Location
Address
510 Indian Crossing
City
Jourdanton
State
TX
Zip Code
78026
County
ATASCOSA (County)
Listing
Provider
Keller Williams Heritage, original listing
Name
Keller Williams Heritage
Phone
(210) 493-3030
Office Name
San Antonio Portfolio KW RE AH
Office Phone
(210) 832-8327
Agent Name
Michael Schultz

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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.