1019 Steeplebrook
1019 Steeplebrook - Home of the Texas Landhorn
With a vision for new construction, Lorenzo and Jessica cleared and prepared a 20-acre "ranchette" in San Marcos, TX. Their efforts quickly paid off; even before finalizing plans, they secured an offer, leading to a nearly $300K ROI. This swift turnaround highlights their knack for unlocking a property's potential early in its development phase. The unique walking trail the Garza's created in the shape of a Texas Longhorn made this property a must have for their buyer.
1019 Steeplebrook - Home of the Texas Landhorn
With a vision for new construction, Lorenzo and Jessica cleared and prepared a 20-acre "ranchette" in San Marcos, TX. Their efforts quickly paid off; even before finalizing plans, they secured an offer, leading to a nearly $300K ROI. This swift turnaround highlights their knack for unlocking a property's potential early in its development phase. The unique walking trail the Garza's created in the shape of a Texas Longhorn made this property a must have for their buyer.
Our Happy Investor
The Garza's decided to use their own leveraging strategy for this project. They purchased the Ranch and paid for all of the changes themselves. They were very happy not only with their return but with the uniqueness that this property brings to their portfolio of completed projects.
Purchase Price: $623,333
+ Clearing: $35,000
All-in: $658,333
This ended up only being a 90 day project.
Property was SOLD as soon as clearing was completed.
Sold Price: $950,000
Gross Profit: $291,667
Purchase Price: $623,333
+ Clearing: $35,000
All-in: $658,333
This ended up only being a 90 day project.
Property was SOLD as soon as clearing was completed.
Sold Price: $950,000
Gross Profit: $291,667
Call (915) 615-3373
Email:jgarza@truechoicerealty.com
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