0.75 Acre Unrestricted Lot In Bowie County, Texas – Buy For $7,500… List For $25,000

This project has already been successfully funded. New opportunities are added regularly.

Property Details

  • Time to Build
  • State
  • County
  • City
  • 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
  • Title Info
    Joni West
  • Access
    Green Forest Lane
  • Terrain
    Flat, grassy, with trees
  • HOA Fees
  • Power
    Yes, near the road
  • Water
    Water well, water delivery service, or rainwater collection system needed
  • Phone

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.

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