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120 Water Park Road
Wimberley, TX 78676
$2,200,000
Conventional
Property
Bedroom
3
Bathroom
3
Property Type
Conventional
Square ft
2716
Property Description
Escape to tranquility with this stunning modern custom home nestled along the serene Blanco River. From the moment you step inside, you're greeted by the clean lines of the living room fireplace, setting the tone for contemporary elegance. Floor-to-ceiling windows frame picturesque views of the landscaped backyard and sprawling meadow and the hills beyond, inviting nature indoors. The open concept floor plan seamlessly integrates the living area with a gourmet kitchen and dining room, featuring stainless steel appliances, quartz countertops, and a central island perfect for culinary creations. Adjacent to the kitchen, a screened porch offers an idyllic spot for savoring a morning coffee or enjoying a peaceful dinner. Retreat to the primary bedroom, where panoramic views of the backyard create a tranquil ambiance. Indulge in the spa-like ensuite bath, complete with a double vanity, luxurious soaking slipper tub, spacious shower, and his and her closets, ensuring a sanctuary for relaxation. The second bedroom boasts its own ensuite bath, providing comfort and privacy for guests. Convenience meets luxury with a dedicated laundry room and a dog washing station, catering to both practical needs and furry companions. Embrace outdoor living with easy access to the Blanco River, where cooling waters beckon for a refreshing dip. Sit around the firepit under a starlit sky. For hobbyists and adventurers, a workshop and parking for utility vehicles are just a short stroll from the front door. Benefiting from an agricultural exemption, this property not only offers a serene escape but also ensures favorable property taxes. Experience the epitome of riverside living and make this sanctuary on the Blanco River your own. Agent/Office Information
Property Information
Lot Size
7 acre(s) square ft
Property Type
Residential
Year Built
2020
MLS Number
541629
Location
Address
120 Water Park Road
City
Wimberley
State
TX
Zip Code
78676
County
HAYS
Listing
Provider
Keller Williams Realty - Partners in Real Estate, original listing
Name
Keller Williams Realty - Partners in Real Estate
Phone
(512) 842-1272
Office Name
Keller Williams Realty - Partn
Office Phone
(512) 842-1272
Agent Name
Alice Lebkuecher

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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.