Austin, TX · Member since 2014 · 48 posts · 0 votes
Hello, I have purchased a lot in east Austin (78721) and it is under contract right now. I would like to flip this lot through an assignment to another investor or builder. If you are a builder, this is ideal, as all the profits are yours to keep.
The lot is around the Springdale, MLK area and west of the 183 but east of 35. The lot is 6000 sq. ft and zoned SR-3. I already have an experienced builder with city of Austin connections and reliable subcontractors, so no need to go look for a builder. He already has architectural plans for two SF houses. The one in front is 1550 sq feet and the back is for a garden home 850 sq. ft. The bigger house can sell for $220/sq ft. and the smaller one about $260/sq ft according to comps. Please respond with any inquiries you have.
We're down to 34 units (from 45) in process now in east Austin Audrey.
If you have a survey and a title commitment please send them to the email address in my signature. I heard from a little birdy that there is a tax lien on the property. That would be a good thing to disclose to future buyers.
The address is 1120 Christie Drive, ATX 78721. Please do your due diligence. I AM TAKING OFFERS RIGHT NOW. If you need an MLS listing/comps for similar lots in the 78721 area, let me know at [email protected] The contract is pending for $100K and I need to flip this for a larger offer and assignment of contract. I am already involved in building two houses (on one lot) as mentioned in my original post, nearby.
Again, if you do not have a builder, I can recommend one to you as he is currently involved with building up 3 lots right now, in east Austin.
We're down to 34 units (from 45) in process now in east Austin Audrey.
If you have a survey and a title commitment please send them to the email address in my signature. I heard from a little birdy that there is a tax lien on the property. That would be a good thing to disclose to future buyers.
OK, I will send this to you in a few minutes. Your little birdy is right. :) I disclosed to ones that email me personally. The latest news is that the seller is meeting with her attorney today, 6/2/2015. It is not her income taxes that were due--it is the previous seller's as proper title search was not done and she got "stuck" with the owed taxes.
I will be extending this contract by another two or three weeks to allow time for interested investors like you to give me a bid. It actually expires today but we are doing an amendment.