Home for Sale at 18111 Gregg Bluff Road, Jonestown, TX 76845

18111 Gregg Bluff Road
Jonestown, TX 76845

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Property Details

List Price:	$450,000
Beds:	2
Baths:	1
Status:	Active
SqFt:	1088
Agency:	Texas Ranch Brokers, LLC

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Description/Comments

Lot Size:	--
Property Type:	Residential
Year Built:	1965
Notes:	This property is a charming and secluded country home that offers the conveniences of city living just a short 10-minute drive away. Situated on 0.83 acres of private land that overlooks Lake Travis, this quaint single-family home has an open-concept floor plan, 2 bedrooms, 1 bathroom, and measures 1,088 square feet. The home was built in 1965 and features a metal roof that is copper in color, pier and beam construction, a large open deck with beautiful views, central heat and air, and a workshop with electric. The property is surrounded by mature trees and has a fenced yard with a detached carport that is big enough for an RV. At the back of the property, there is a wet weather creek called Greg Hollow that goes into Lake Travis. However, it should be noted that there are some restrictions in place with the City of Jonestown. The property is located in the Lago Vista school district and does not have an HOA or POA. Nearby, Jones Brothers Community Park is just minutes away and offers a variety of amenities such as covered picnic sites, ball fields, sand volleyball court, tennis/basketball court, walking paths, and a playscape. The park is situated along the shores of Lake Travis, providing a lengthy shoreline for swimming or fishing, canoe and kayak rental, and 3 public boat ramps. There are also 2 covered pavilions available for rent. This property is perfect for a starter home, vacation home, or investment property/VRBO. Its relaxing atmosphere and proximity to the lake make it an ideal retreat.
MlsNumber:	162972

Listing Provided By:	Texas Ranch Brokers, LLC, original listing
Name:	Texas Ranch Brokers, LLC
Phone:	(512) 756-7718
Office Name:	Texas Ranch Brokers LLC
Office Phone:	(512) 756-7718
Agent Name:	John Colvin
Disclaimer:	Copyright Â© 2024 Highland Lakes Association of Realtors MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

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.

Free Foreclosure Listings

USHUD.com is a website that simplifies the process of finding foreclosures and HUD properties. Everyone thinks they are a real estate web surfing pro until they search for foreclosure homes and stumble upon a numerous sites that want to charge a fee to see their listings. With USHUD.com that’s not the case. When searching for HUD properties or a home finding website for foreclosure it is important to know what you are looking for. It is important to use a niche company that specializes in foreclosures like USHUD.com. We have put together 2 tools that have made the real estate search process of our website much easier to navigate. The Homesearch online tool is filled with foreclosure lists and free listings of hud homes for sale. Most of our users start with a broad search with the homesearch online tool to see the most HUD properties and foreclosure lists in your area and narrow their search down with the Homefinder online tool. The homefinder online tool is a custom filter system that we breakdown the area based upon filters such as convention and foreclosure listings. This give you the option to filter out conventional listings and focus on just the foreclosures in the market. We thank you for making us Americas top home finding website for foreclosure and Hud properties. Free listings of hud homes for sale are hard to come by but should always be free and that’s the way things are going to stay on our website.

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.

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or licensed by the US Department of Housing and Urban Development

USHUD.com is an Equal Housing Opportunity

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