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Real Estate Bargains
I buy land whenever I can find a bargain. I sometimes
add value, by mowing, picking up trash, cleaning up
title, burning tires, subdivision and the like. Then I offer for resale
and pass the bargain along. I try to hold investments
for a year before I resell. I'm getting old and stupid and am putting about everything I own up for sale. This includes a tract I've owned over 30 years, 20 acres next to my house, some fine pasture and a commercial corner.
31510 Lazy Ridge Road Up By Magnolia
The five acre lot is in a subdivision on a paved county road. The last owner had a home, so all utilities are in place. The lot is served by G&W water system, has electrical service, septic tank, and scraps of cable t.v. About half the lot is open and half with some huge pines and oak trees. Waller ISD. You won't find a better tract for only $72,500.00. For pictures and more information click here.
17140 FM 359. Baja Four G Ranch 70.101 Acre Pasture
This is the 70.101 acre pasture,
just south of the historic 4G Ranch, is the remainder
of a tract I bought several years ago. My purpose was
to subdivide the tract. I had engineering studies, plats,
contours, the whole catastrophe. After spending much
time and energy I concluded it isn't cost effective
for me. Somebody with better market connections than
I have or who has a friend in the road business might
strike it rich. Otherwise, it's a pretty nice pasture.
It's also it's a pretty good investment with the proximity
to Houston. Priced less than others offer for the same
stuff at $9,500 per acre. If you find something comparable
at a cheaper price, I'll match the price, or like the
car dealer buy you a Corvette. The purchase price includes
all the engineering work and plat which received preliminary
approval from Waller County. Click here for a copy
of the plat. Click here
for an outline picture. Thanks to Google Earth, you
can see a satellite
view of the property, showing the two small ponds.
Click here for pictures and more.
Northfield
Commercial Corner
Just north of the 70 acres is 1.5 acres of potentially
commercial property. Not bad on the inside.
The tract is accessible from FM 359, one of the few
sites still available with the new Highway Department
setback rules. The lot has utilities. $55,000, with
our without the house.
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