Property Details
- Time to Build
- NA
- State
- Texas
- County
- Bowie
- City
- Texarkana
- GPS
- 33.43028006, -94.10953977
- Curent Zoning
- Residential
- General Elevation
- 298
- Taxes
- $40.91 (32.62 + 8.29)
- Conveyance
- Title
- Sewer
- Available at property line
- Parcel Size (in acres)
- 9.377 + 2.385 = 11.762
- Zip
- 75501
- Title Info
- Held under current owner
- Access
- Paved road access to property line
- Terrain
- flat, gentle sloped in areas, lightly treed
- HOA Fees
- none
- Power
- Available at property line
- Water
- Available at property line
- Phone
- TBD
Transaction Details
Total Transaction Purchase Price (including closing costs): | $41,175 purchase price + 1500 title/closing costs = 42,675 |
Anticipated Sale Price: | $75,000-80,000 |
Anticipated Transaction Completion Time (cash in to cash out for equity partner): | 60 - 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 (Bonus To Manager for Quick Sale & Bonus To Funder for Slower Sale ... See Partnership Agreement for details prior to claiming)% |
Anticipated Budget: | $Sale price 75,000 - Purchase + Title Costs 42,675 = Gross margin 32,325 |