2.67 Acre Unrestricted Lot In Liberty County TX – Purchase Price: $30,500… Sell For $65,000

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

Property Details

  • Time to Build
  • State
  • County
  • City
  • GPS
    29.934047386461, -94.7536370964126
  • Curent Zoning
    Unrestricted Residential - Mobile Home Or RV Allowed
  • General Elevation
    16 feet
  • Taxes
    $988 per year
  • Conveyance
    Warranty Deed
  • Sewer
    Septic system needed
  • Parcel Size (in acres)
    2.67 acres
  • Zip
  • Title Info
    Patricia Williamson
  • Access
    County Road 133
  • Terrain
    Flat, grassy, wooded
  • HOA Fees
  • Power
    Near the road, provided by Entergy
  • Water
    Water well, water delivery service, or rainwater collection system needed
  • Phone

Transaction Details

Total Transaction Purchase Price (including closing costs): $32,500
Anticipated Sale Price: $65,000 (opinion of local agent we work with)
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: $65,000 (sale price) - 30,500 (property cost) - 2,000 (survey cost) - 4,000 (closing costs x 2) - 3,900 (6% agent fee) = 24,600 profit. Funding partner receives 12,300 plus return of capital
Miscellaneous Option 1: The property will be listed with an agent who lives in the area.
Miscellaneous Option 2: The title company is requiring a survey (estimated cost $2,000). The Funding Goal of $34,500 includes closing and survey costs.

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