Two parcels totaling approximately 12. 8 acres. With an entrance on Belton Drive and Highway 20, this would make a great residential subdivision. Both entrances allow for a private subdivision. Likely most suitable to a zoning change to residential. Call Mark for further details. Property is owned by a church so there's no taxes on it so I put zero in those fields. We have a plat, but don't have a survey. The seller will request the buyer to indicate an "end use" for the property with any offers. It is ideal (flat, etc. ) for single family residential development. All offers must come to me and contracts will be signed by a trustee of the church. Any contact of church leadership or conversations with them will complicate and delay negotiations. All offers will need a 7-10 days answer time because the leadership will have a meeting and then present it to the church for a vote.
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|
5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
|---|---|---|---|
| Loan Amount | $256,000 | $256,000 | $256,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.990% | 6.490% | 5.750% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.370% | 6.615% | 5.952% |
| Monthly Tax Payment | N/A | N/A | N/A |
| H/O Insurance Payment | $75 | $75 | $75 |
| Initial Principal & Interest Pmt | $1,533 | $1,616 | $2,126 |
| Total Monthly Payment | $1,608 | $1,691 | $2,201 |
* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan.
** Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable rate mortgages [if applicable], are subject to change without prior notice.
The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change.