Description
This is a great Residential Lot in a small town Loraine , Texas. Low taxes and Texas growth has been a great combination for everyone. Less restrictions than the big cities also help fuel the expansion. Right off Main Street is a good feature. Buy and hold for an easy portfolio strategy.
Loraine is a town in Mitchell County, Texas, United States. The population was 504 at the 2020 United States Census.
Mitchell County is a county in the U.S. state of Texas. As of the 2020 census, its population was 8,990.[1] Its county seat is Colorado City.[2] The county was created in 1876 and organized in 1881.[3] It is named for Asa and Eli Mitchell, two early settlers and soldiers in the Texas Revolution.
Parcel# R23541
Legal Description- Being all that Lot Nine (9) in Block Twenty-nine (29) of the White’s Residence Addition to the City of Loraine, Texas,
Location – off E. Rector Avenue , Loraine , Texas 79532
Lot Size- 7,000 sq.ft / .16 Acres
Dimensions – 50 feet x 140 feet +/-
Selling for only $7,900
$50 down and $70 a month to own
GPS – ( ( 32.4073910,-100.7084301 ) )
Hoa – none
Taxes – $25.65 a year.
Elevation – 2,322 feet +/-
DISTANCES –
.6 Miles to Hwy 20
9 Miles to Downtown Colorado City , Texas
18 Miles to Downtown Sweetwater, Texas
Financing Available.
$7,900 Total Price – $50 as a down payment , then $70 per month until paid. NO CREDIT CHECK, NO INTEREST, NO PREPAYMENT PENALTY, NO CLOSING COST, NO LIENS , NO BACK TAXES. Buyer is responsible for taxes and is also responsible for upkeep (if any).
Terms and Conditions: This land is being sold in as is condition. Seller makes no representations, warranties of any kind whatsoever, expressed or implied regarding the nature, value, source, authenticity, fitness, merchantability or any other aspect or characteristic of this property. Seller makes no representation as to future prospects for increases in value of this property. All prospects buyers are urged to do their own due diligence to their own satisfaction prior to purchase of this property. All information contained in this listing page has come from reliable sources and is accurate to the best of our knowledge. We make no guarantee expressed or implied as to the location, condition, accessibility, terrain, build ability or information contained in this listing. As seller, we guarantee that there are no liens on the property and that we will provide the buyer with a Deed upon payment in full. Cannot resell without prior consent or paid off.
