21802 Cardinal Avenue Lago Vista , TX 78645

This is an AMAZING deal!! NO Flood Zone, Electricity/Water/Sewer has been installed on the property (Total cost $58,000), survey plat is completed. A ton of beautiful live oak trees for privacy. This sale is AS-IS and the build will not be complete. Great investment opportunity! Walking distance to Emerald Park & Heather Park!! Discover the wonderful amenities at Lago Vista POA, including beautiful nature reserves, playgrounds, a community swimming pool, fitness facilities, picturesque hiking trails, multiple lakeside parks, 2 boat ramps, 6 minutes to the golf course, tennis courts, pickleball, marinas, multiple boat ramps, an RV park, a campground, and much more! A low tax rate of 2.022%! (1) The original builder can not finish the work. The building inspector has confirmed that the slab is in suitable condition for this type of build. However, the structure above the slab requires removal and replacement. To utilize the existing foundation, the rebuild must adhere to the use of the same type of materials. The structure was left unbuilt for about 1.5 years and the elements impacted the structure, that's why it must come down. (2) Seller owns the property; All Liens have been cleared with the exception of one. The remaining lien will be resolved at closing and will not impact the buyer’s title. (3) Situation: The Builder can not finish the project. The current homeowner does not want to continue with the build as their life plans have changed, so they decided to sell. (4) Builder plans and any additional paperwork in the seller's possession will be included with the sale at no additional cost. (5) Do not enter the structure (6) All facets of the structure be checked before closing to ensure suitability for the buyer. THIS PROPERTY IS BEING SOLD VIA FLASH SALE: Traditional sales process. The Price has been lowered BELOW market value for an 'Auction' effect type sale. All Highest and Best offers will be collected and reviewed by Monday, November 11th at 12:00 PM