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. |