GROESBECK foreclosure home - a single family home (2 beds, 2 baths)

This is not a list price. This is an estimate price for the property provided by FirstAmerican. Please note that this is only an estimate and should not be taken as fact or advice. When a list price becomes available we will publish it and along with changes to the contact information.Estimated Value: $242,699 · This is not a list price. This is the amount of loan taken out by the buyer on the property at the time of the last sale. The outstanding loan on the property may be higher or lower than the original loan amount depending on the terms of the loan and whether the borrower has paid off any part of the loan. When a list price becomes available we will publish it and along with changes to the contact information.Original Loan Amount: $480,000 · This is not a list price. This is the county tax assessor's estimated value for the property. When a list price becomes available we will publish it and along with changes to the contact information.Assessed Value: $327,780
If you are looking for waterfront properties, this just may be the one! Home is a large A-Frame home that backs up to Lake Limestone. In th back there are 3 levels of decking. The very top is the deck that provides access to the small room on the second story (the only room on the second floor) which on the interior is accessed through the spiral staircase in the center of the home. The second deck (middle deck) provides access to the lower deck as well as to two areas of the home, the living room and the central entry way. The third deck is the lowest deck and provides a stunning view looking out over the waters of Lake Limestone. On the interior, there are two living rooms. The main living room with the large rock fireplace is adjacent to the kitchen and built-in stone bar area. The kitchen is open to the living and provides access to a walk-in-pantry and an oversized laundry room with cabinets and countertops (perfect craft room!). The primary bedroom has a walk-in-shower and a huge closet. In addition, off of the master is a sunroom which provides a nice view of the lake. On the exterior, there are two workshops. One is a metal building roughly 30X40 (1200 sqft) with one roll...

This is an REO, meaning this property has been foreclosed on because the owner couldn't meet their payments. The bank now owns this property. Most banks are not set up to own homes, and are often motivated to sell you the home at a discounted price.

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