
Single Family Dwelling 2 bed 1200 sq ft (.2 acres)
Farm Land 2.3 acres (agricultural zoning)
Grilling Wood Trees ($60k)
Mineral Rights - Natural Gas Well that Has Not been drilled
(Seller declined $35k offer last year)
NEED TO CLOSE by 07/08/2013
yes! speedy gonzalez on this one
1345 Mansfield Webb Road
Arlington TX 76002
Acquisition Price $88k for ALL
$48k now cash
$40k carry back note or trade, negotiable
Cash now acquisition at 35% ARV (with OUT minerals and trees included $70k estimated value)
Cash now acquisition at 24% ARV (with minerals and trees included $70k estimated value)
All Acquisition cost is at w/ o repairs 65% ARV (with OUT minerals and trees included $70k estimated value)
All Acquisition cost is at w/o repairs 44% ARV (with minerals and trees included $70k estimated value)
Repairs (worse case scenario, very conservative)
Exterior $10k
Inside $10k
Certified Appraisal without mineral rights and trees on lot
$135,000 on June 03 2013
Copy of appraisal report attached
With mineral rights and trees, estimated $200k
Mineral rights included on acquisition price
Owner turned down $35k offer last year (can provide documents)
Natural Gas well that has not been drilled
Property is located 1 mile on each side from "Day Kimball Hill #A1" and "The White South #1H"
Articles below
Property Taxes
http://www.tad.org/datasearch/relocation.cfm?p=%26.A0KK%3D%3C0%0A
http://www.tad.org/datasearch/re.cfm?Account=%28.!%24CJ%3D%2C4K0H%20%0A
http://www.tad.org/datasearch/re.cfm?Account=%28.!%24LIM%207K0L%20%0A
2.5 acres total
.2 acres residential zoning $550 a year
2.3 acres agricultural $19 a year (yes $19 a year)
2 bed single family dwelling
built in 1950
1200 sq ft

home_appraisal_june_2013.pdf |

arlington_monster_wells__barnett_shale_sweet_spot.docx |

land_sold_comps_1345_mansfield_webb_rd.pdf |

single_family_dwelling_sold_comps_1345_mansfield_webb_rd.pdf |