Property Details
- Time to Build
- N/A
- State
- TX
- County
- Bowie
- City
- Texarkana
- GPS
- 33.3326132061666, -94.0493871844976
- Curent Zoning
- Unrestricted Residential - Mobile Home Or RV Allowed
- General Elevation
- 295 feet
- Taxes
- $93.04 per year
- Conveyance
- Warranty Deed
- Sewer
- Septic system needed
- Parcel Size (in acres)
- 0.75 acres
- Zip
- 75501
- Title Info
- Joni West
- Access
- Green Forest Lane
- Terrain
- Flat, grassy, with trees
- HOA Fees
- N/A
- Power
- Yes, near the road
- Water
- Water well, water delivery service, or rainwater collection system needed
- Phone
- Cellular
Transaction Details
| Total Transaction Purchase Price (including closing costs): | $7,500 |
| Anticipated Sale Price: | $25,000 (price opinion of local agent) |
| Anticipated Transaction Completion Time (cash in to cash out for equity partner): | 90 to 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: | $22,000 (sale price) - 5,500 (property cost) - 4,000 (closing costs x 2) - 1,320 (6% agent fee) = 11,180 profit. Funding Partner Receives: 5,590 |
| 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 $25,000. |
