Need money partner in Hidalgo County, TX for 50,000 purchase and an estimated 105k sale price

Unfortunately this project hasn't been funded on time!

Property Details

  • Time to Build
    N/A
  • State
    Texas
  • County
    Hidalgo
  • City
    Mission
  • GPS
    26°12'23.0"N 98°25'10.5"W
  • Curent Zoning
    C1
  • General Elevation
    199.0 ft
  • Taxes
    $404.68
  • Conveyance
    Sierra Title Co
  • Sewer
    Angel's Septic Tank Service (956) 262-4145
  • Parcel Size (in acres)
    1
  • Zip
    78572
  • Title Info
    Jose Betancourt
  • Access
    Dedicated access through an easement
  • Terrain
    With a minimal elevation change of just 2.2 feet and a gentle 0.6% slope
  • HOA Fees
    N/A
  • Power
    Magic Valley Electric Cooperative (866-225-5683)
  • Water
    Sharyland Water Supply Corporation (956-585-6081)
  • Phone
    N/A

Transaction Details

Total Transaction Purchase Price (including closing costs): $51,500
Anticipated Sale Price: $90k
Anticipated Transaction Completion Time (cash in to cash out for equity partner): About 2 months
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: $105,000 - 50,000 = 55,000, 27,500
Miscellaneous Option 1: Drone Video and pictures are available
Miscellaneous Option 2: closing costs are estimated $1,500, we can confirm closing costs once we receive that information from the Title Co.

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