My uncle developed this 2.9 acres in the 80s when he had a spray plane, hence the airplane hangar. There is no longer a runway. We bought the house 21 years ago and the hangar has been a great barn/workshop for us. We are the 3rd owners in the history of the home. The 2nd family built a sun room as a 2nd living room with a 3rd bathroom. The sunroom has wall heaters and a window AC. The house was a ready-made house as a 2 bedroom 2 bathroom 1 office in Lubbock then he added a garage and basement and bricked the home in on the existing site. I used the basement as a 3rd bedroom until I graduated high school. My dad spent much of his life as a church planter and minister in the church of Christ and the last 20 years as a farmer. We are Seller Financing this property as a way to give him some retirement funds. We are asking 10% down payment 23,000 and we will split the closing costs with the buyer 50/50. Terms of the financing: Price: 230,000 (appraisal report provided) Interest: 7.5% (better than most banks right now!) Down Payment: 23,000 (obo) 30 year terms with 10 year balloon (or checkpoint) Monthly payment Approx. $1890 PI / TI monthly mortgage with escrow payment together Call Zach with any interest
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