Property Details
- Time to Build
- N/A
- State
- TX
- County
- Chambers
- City
- Anahuac
- GPS
- 29.655193926071025, -94.65623302815554
- Curent Zoning
- Unrestricted - Mobile Home Or RV Allowed
- General Elevation
- 8 feet
- Taxes
- $491.40 per year
- Conveyance
- Warranty Deed
- Sewer
- Septic system needed
- Parcel Size (in acres)
- 0.51 acres - Note: Chambers County CAD shows the lot as a 1 acre lot, but it is approx. 0.51 acres. A survey has been ordered.
- Zip
- 77514
- Title Info
- James Mills
- Access
- Legal easement/driveway
- Terrain
- Flat, grassy, wooded
- HOA Fees
- N/A
- Power
- Yes, near the road
- Water
- Yes, near the road
- Phone
- Cellular
Transaction Details
| Total Transaction Purchase Price (including closing costs): | $17,000 |
| Anticipated Sale Price: | $45,000 (price opinion of local agent) |
| Anticipated Transaction Completion Time (cash in to cash out for equity partner): | 90-120 days |
| Escrow or Notary Acquisition? | Escrow |
| Escrow or Notary Sale? | Escrow |
| Percent of Funding from Partner Required: | 100% |
| Equity Partner Profit Split: | 50/50% |
| Anticipated Budget: | $42,000 (sale price) - 17,000 (property cost + survey cost) - 4,000 (closing costs x 2) - 2,520 (6% agent fee) = 18,480 profit. Funding Partner Receives: 9,240 |
| Miscellaneous Option 1: | The property will be listed with an agent who lives in the area. The opinion of the agent is that this property be listed for $45,000. |
