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Hot - Great Views at 14813 Earl Grey Ln

$159,495

Photo of 14813 Earl Grey Ln, Pflugerville, TX, 78660.

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Front View : Enjoy the Sunset from Balcony

Address: 14813 Earl Grey Ln	City/ST: Pflugerville, TX	Zip Code: 78660
Location: 14813 Earl Grey Ln	Property Type: Single Family Home	New or Resale: Resale
Square Footage: 1870	Bedrooms: 3	Bathrooms: 2 full, 1 half
MLS# 5511301	Property Tax: 4362	Monthly Rent Estimate: $1,295

Relax while enjoying the Sunset on the balcony in this lovely neighborhood. God has this home for a family that needs 3 large bedrooms, 3 living areas and 2.5 baths. The living area is open to dining and kitchen. An office or study is downstairs while the gameroom is upstairs behind the balcony. The pantry is enormous. The kitchen also comes with a double sided refrigerator, washer and dryer. Yes, there is a covered patio, linen closets and storage space. The master bath has a separate shower/marble tub and a large walk in closet. The neighborhood has two parks, one for toddlers and the other for larger children. It also has one pool and Wieland Elementary School.

Last Updated: 10/13/2009 3:02:19 PM

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Front View
Left Front
Balcony Left
Balcony Front
Balcony Right
Master Bedroom
Master Bedroom
Master Bath
Master Bath
Living Room
Kitchen
Hall Bath
Hall Bath
Study or Office
Stairway to Gameroom
Washer & Dryer
Wieland Elementary School
Toddler Park
Big kid's Park & Pool
1 of 2 Neighborhood Parks

Pflugerville, TX

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Tax Considerations >Tax Rewards for Homeowners

The Federal Tax Code has significantly improved the American taxpayer's ability to profit by selling a principal residence. Prior to 1997, homeowners could take advantage of a tax benefit termed the "rollover", which granted exemption from capital gains taxes on the net profit from the sale of a home. Homeowners who used profits to purchase a bigger and better home did not have to pay tax. And homeowners over the age of 55 were given a once-in-a-lifetime exclusion from taxes on profits of up to $125,000 on the sale of their principal residence.

Compare those tax breaks with our current, streamlined and potentially more profitable arrangement that replaced both the rollover and the one-time exemption. If you are a married home-seller filing jointly, you may enjoy up to $500,000 in tax-free home sale profits, provided you have occupied the property as your principal residence during two of the last five years. Taxpayers who file singly get a $250,000 capital gains exclusion. Homeowners are eligible to exclude capital gains on the sale of a principal residence as often as once every two years.

The law allows capital gain exclusions whether you "buy up" to a more expensive home or "buy down" to a less expensive one. The tax-free dollars can be used in any way you want. Consult your tax advisor for detailed advice about your particular circumstance.

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Q	Who is "Freddie Mac", and why is he a big name in real estate?
A	"Freddie Mac" is the nickname for FHLMC, the Federal Home Loan Mortgage Corporation, which buys mortgages from lending agencies, thus allowing lenders to continually replenish funds for new mortgage loans.
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Vivian Bell, REALTOR�, real estate agent and broker for Austin, Round Rock and Pflugerville, Texas home listings, property and land for sale

Vivian Bell
Alpha Omega Properties
P.O. Box 200400
Austin, TX 78720-0400
512-335-8708
Fax: 512-251-9224
vivianbell@BestImageAgent.com

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