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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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