Campaign Story

Imagine the opportunity to be a part of a harmonious community that embodies the spirit of tiny house living, sustainability, and affordability! We’re excited to introduce a 53.09-acre piece of prime Texas real estate located at the serene end of PR 2309 in Quinlan, Texas, just a stone’s throw from the vibrant city of Dallas.

This land offers not only a tranquil escape from city life with its lush greenery and private setting but also the convenience of city amenities. With Dallas a mere 45 minutes away, employment opportunities abound in a variety of sectors, and the city’s entertainment, shopping, and cultural experiences are practically at your doorstep. Cheering on the Cowboys on a Sunday or a thrilling day out at Six Flags Over Texas could become part of your regular weekend plans.

The property features two seasonal creeks and is mostly free from flood zones, creating a perfect canvas for your tiny home, hobby farm, or a serene retreat. With essentials like power, water, and access taken care of, it’s ready for you to make it your own – be it as a full-time residence or a weekend getaway.

For families, the Quinlan Independent School District offers a solid educational foundation, adding to the appeal for those looking to set roots in a community-minded area. And if you’re a nature lover, the opportunity to enjoy the native Texan wildlife in your yard is an experience that can’t be understated.

Financial Implications of Group Buying Land

Let’s dig into the financial advantages of opting for collective land investment:

• Total Property Cost: By pooling resources, the cost of the entire property comes down to $499,995. When split amongst 25 investors, that cost is distributed evenly, making it financially feasible for more people.
• Land Ownership per Investor: Each investor gets a considerable 2.12 acres of land, which is significant given the tiny house movement’s modest space requirements.
• Down Payment per Investor: Instead of shouldering a hefty down payment solo, your initial investment is just $3,999.96, a fraction of what it would be if you were going it alone.
• Monthly Mortgage per Investor: With the collective approach, the monthly mortgage comes to approximately $114.74 per investor, which is a manageable sum for most budgets.
• Possible Rental Income per Investor: Even if you decide to rent out your parcel, you could be looking at a monthly income of about $300.00, leading to a positive cashflow situation.
• Outright Purchase per Investor: Should an investor choose to buy their share outright, it amounts to $19,999.80, effectively giving them access to land ownership at a cost that is competitive and affordable.
• Rental Income minus Mortgage per Investor: This subtracts to a potential net gain of $185.26 per investor per month, exemplifying the financial viability and investment potential of this strategy.

FAQ

1. What is the concept behind the Quinlan, TX land offering and who is it for?
2. This land offering is a collective investment opportunity in a 53.09-acre property near Dallas, Texas, designed for individuals interested in tiny house living, sustainable lifestyles, and community. It’s targeted towards those looking for an affordable way to own land, potentially build a tiny home, and enjoy a balance between rural tranquility and convenient city access. The initiative encourages group ownership, sharing the costs and responsibilities amongst 25 investors.
3. How is the 53-acre property in Quinlan, TX divided among investors?
4. The 53.09-acre property is divided into 25 shares, with each investor owning approximately 2.12 acres of land. This allows for sufficient space for a tiny house, a small hobby farm or simply enjoying a tranquil retreat, depending on each investor’s preferences. The land is held collectively, but each investor has a deeded parcel.
5. What are the financial implications of participating in this land purchase?
6. The financial structure is set up to make land ownership accessible. Instead of purchasing the entire property alone at $499,995, investors share the cost. Key figures include an option for full outright purchase at $20,000 per share. There is also the potential to generate rental income of around $300 per month, offsetting the mortgage cost and potentially creating a positive monthly cashflow.
7. What features does the Quinlan, TX property offer, and what kind of lifestyle can it support?
8. The property offers a serene setting with lush greenery, two seasonal creeks, and is mostly free of flood zones. Basic utilities like power and water access are available. It’s suitable for diverse uses, including tiny house construction, a hobby farm, a weekend retreat, or a full-time residence. Additionally, the location provides easy access to Dallas for employment, entertainment, and cultural events, promoting a blend of rural and city experiences.
9. Is this land suitable for families? What are the local schools like?
10. Yes, the property is suitable for families, as it is within the Quinlan Independent School District, which offers a good educational foundation. The quiet and community-minded nature of the area adds to its appeal for those looking to set down roots and raise children in a more rural environment while still having access to the amenities of a city.
11. What is the benefit of purchasing land through a group investment versus purchasing alone?
12. Group purchasing significantly reduces the financial burden on each investor, making land ownership more affordable and accessible. By pooling resources, the large total property cost is spread amongst multiple participants. The down payment and monthly mortgage costs are substantially lower, increasing the potential for positive cash flow through renting. This model removes the financial barrier of solo ownership, making it a more attractive option for many.
13. What type of housing can you build on this land? Are there any restrictions?
14. The land is particularly suitable for tiny homes, which is the concept behind the project. While the specific restrictions are not fully outlined, it is presumed from the project’s vision that these will accommodate small, sustainable houses, and the project’s main focus is on tiny house community living. It would be advisable to consult with the project organisers for detailed guidelines on building types, sizes and any planning restrictions.
15. How can interested individuals participate in this opportunity?
16. Interested individuals can explore the project via the provided contact details on the website for O Tiny House. From there, individuals can likely contact the project organizers to further discuss the opportunity and to begin the steps to purchase a share of the land, whether for outright purchase or with a deposit and monthly payments.