Lewisville, TX

Lewisville, Tx

The Elemebtary scgool is being built off of Business 121 and right behind a row of apartment complexes. Do I think that think that this is going to bring value to the community and ulitmately raise homes prices. You bet! One of th most important things is how close it is ut does not sit directly in a subdivision. If you are looking to buy or sell in the Lewisville, Coppell, Flower Mound area. Please contact me.

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RESIDENTIAL: Single Family 1200 Valley Oaks DR Lewisville 75067-2004 Offered for: $200,000 Contact Mindy or Jay Robbins 214-563-4584 Request more information Schedule a showing Print a PDF

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Listing Agent and Office: Jay Robbins, Robbins Real Estate Group

New parameters for the HUD $8K incentive may open the door for millions of first-time homebuyers.

The U.S. Department of Housing and Urban Development (HUD) announced Friday that its $8,000 incentive for first-time homebuyers has been tweaked from a refund at tax time to cash made available for assistance on down payments or closing costs.

The mechanics of the new program, according to National Association of Home Builders economist Robert Dietz, allow lenders to purchase tax credits from the buyers and then collect the rebate from the IRS. Homebuyers must still come up with the Federal Housing Administration's mandatory down payment of 3.5 percent on their own, but they can use the tax credit to lower their principal balance and save on monthly payments.

Families can only access this credit after filing their tax returns with the IRS. The announcement details FHA's rules allowing state Housing Finance Agencies and certain non-profits to "monetize" up to the full amount of the tax credit (depending on the amount of the mortgage) so that borrowers can immediately apply the funds toward their down payments. Home buyers using FHA-approved lenders can apply the tax credit to their down payment in excess of 3.5 percent of appraised value or their closing costs, which can help achieve a lower interest rate.

"Families will now be able to apply their anticipated tax credit toward their home purchase right away," said HUD secretary Shaun Donovan. "What we're doing will not only help these families to purchase their first home but will present an enormous benefit for communities struggling to deal with an oversupply of housing."

For more information, please visit www.HUD.gov/recovery and find out the facts about the American Recovery and Reinvestment Act of 2009

The meadowlake subdivision is located in the Lewisville-Flower Mound area and is a really quiet and nice neighborhood that is conveniently located near lake Lewisville.

The Meadow Lake subdivision is located at the far north end of Lewisville and just east of Highland Village in the zip code of 75077. The boundary roads are Hwy 407, McGee Ln, Bogard Ln, and Valley Ridge.

This subdivision has easy access to I-35, which is right next to it, and is close to Lake Park golf course, Lake Lewisville, many family owned restaurants along with a few fast food restaurants, Aloha fun Zone which used to be a Putt-Putt, Sneaky Pete's Marina, The Lewisville fishing barge, Jet Ski and boat rental, and much more! There is also a park at the west end of the neighborhood with a large play ground for the kids combined with a gazebo for family get togethers that has a jogging- bike path next to it.

This is a great neighborhood established in 1984 so the trees are starting to get large and the homes have been kept up really well. The median price home in this neighborhood is $149,000 with the highest priced home at $225,000 and the lowest right at $110,000. The schools are in the Lewisville School District and the schools are; High school: Lewisville North, Middle: Huffines, and Elementary: Valley Ridge.

I highly recommend this neighborhood to my clients that need easy lake access and close access to I-35 that wants to spend around $150,000 for a great three bedroom home.

For more information regarding Meadowlake and Lewisville Homes, click here!