Assignment Deal Near Houston, Texas. Buy For $35,500, Sell For $60,000 – You Keep 100% Of Profits

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

Property Details

  • Time to Build
    N/A
  • State
    Texas
  • County
    Liberty
  • City
    Dayton
  • GPS
    29.922206729807396, -94.834115285067
  • Curent Zoning
    Residential - a mobile home is allowed.
  • General Elevation
    44 feet
  • Taxes
    $633.07 per year
  • Conveyance
    Assignment of Purchase Contract
  • Sewer
    According to the seller, a septic tank is on the lot and still working, but with no motor.
  • Parcel Size (in acres)
    0.55 acres
  • Zip
    77535
  • Title Info
    Brittany Massengill
  • Access
    County Road 4262
  • Terrain
    Flat with some trees.
  • HOA Fees
    N/A
  • Power
    Yes, near road.
  • Water
    Yes, near road.
  • Phone
    Cellular

Transaction Details

Total Transaction Purchase Price (including closing costs): $37,500 (also includes 5,000 assignment fee)
Anticipated Sale Price: $60,000
Anticipated Transaction Completion Time (cash in to cash out for equity partner): Would like to complete this assignment within 7 days. Title commitment has already been issued and cleared to close.
Escrow or Notary Acquisition? Escrow
Escrow or Notary Sale? Escrow
Percent of Funding from Partner Required: 100%
Equity Partner Profit Split: We are assigning 100 percent of the contract to you. You keep 100 percent of the profits.%
Anticipated Budget: $60,000 (sale price) - 30,500 (property cost) - 5,000 (assignment fee) - 2,000 (closing cost) - 3,600 (6% agent fee) = 18,900 (your profit)
Miscellaneous Option 1: Contract and file are complete at a local title company. Title commitment has been issued - cleared to close.
Miscellaneous Option 2: Local agent we've worked previously thinks it should be listed for around $65k.

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