Short Story
🌳 Own a piece of Texas serenity! Join our #TinyHouseCommunity near Dallas. Affordable land shares now available for like-minded individuals ready to embrace sustainable living. 💚 Invest in your own 2.12 acres today.
Quinlan, TX 75474 53 Acres
by Otiny house
$499,995.00
Funding Goal$0.00
Funds Raised0
Days to goTarget Goal
Campaign End Method
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.
Description | Amount for 25 investors |
---|---|
Total Property Cost | $499,995 |
Land Size | 53.09 acres |
Number of investors | 25 |
Land Ownership per Investor | 2.12 acres |
Down Payment per Investor | $3,999.96 |
Monthly Mortgage per Investor | ~$114.74 |
Possible Rental Income per Investor | ~$300.00 |
Outright Purchase per Investor | $19,999.80 |
Rental Income minus Mortgage per Investor | $185.26 |
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.
Rewards
$20,000.00 or more
Land Ownership per Investor: approximately 2.12 acres
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