For an additional fee, you can expedite the printing of a replacement title. Lobo, TX. Lobo is a tiny windswept ghost town in West Texas, some 60 miles northwest of art mecca Marfa. If you're in a more expensive neighborhood, you may choose to get a sign post instead, but these can cost Listing your house for sale by owner (FSBO) in Texas means you don't have to pay a listing agent fee. The following forms may be used to replace a lost or destroyed Texas title. Some discount brokerages, like Redfin, offer full service as well, via their in-house agents and team-based approach. Based on the median TX home value, selling FSBO theoretically knocks about $8,000 off your total selling costs. When June 8, 2023 / 2:06 PM Steven Santana is a digital reporter and pop culture weeb born and raised in San Antonio. If you work with a flat fee MLS company, keep in mind that it might include a yard sign as part of its FSBO package. DO NOT purchase a used vessel/boat or outboard motor without receiving an original title (signed on the front and back) along with a signed bill of sale from the person(s) listed on the title or from their legally documented representative. Texas town for sale: How you can buy Lobo | khou.com market, where there are more homes for sale than prospective buyers. General Questions (800) 262-8755 or (512) 389-4828, SUBCHAPTER B-1. The average listing fee in Texas is 2.71%. Lobo is located in a remote corner of the Lone Star State, just off Route Texas 90, sitting 130 miles southeast of El Paso, 15 miles east of the Rio Grande and57 miles away from the desert city of Marfa. For the average Texas property worth around History of Lobo, Texas. Most of these fees are required in Texas, but sellers and buyers can negotiate which costs each person is responsible for. A group of friends is selling the West Texas ghost town of Lobo. According to our recent survey of 1,000 The owners say they spent the last 22 years living, working, vacationing and even hosting art and film festivals in the town. such as a lockbox, yard sign, MLS listing, and professional photography. 5:01 AM on May 19, 2023 CDT. Great Location!! 'Too much to bear.' The incalculable emotional toll of - AccuWeather our Subscriber Agreement and by copyright law. In Texas, the average buyer's agent commission is 2.88% of the sales price, or about $8,754 based on the median home The ghost town of Lobo, TX, is a small Lone Star State territory located 130 miles southeast of El Paso and 57 miles away from the artsy desert city of Marfa. Not too shabby. Winning $8M Lotto Texas ticket sold at Tiger Mart in Weatherford, Triple-digit heatwave strains North Texas restaurants, More record heat coming to North Texas this week, Chicago Teachers Union hosting back-to-school summer jam in West Town. more or even giving it a try. "We are not just trying to make a profit. By Emily McCullar April 17, 2023 6 Texas Monthly;. By the 1990s, the town was deserted. Ownership Transfer Notification Online. A non-motorized vessel may have previously been titled as a motorboat. It's all covered in overgrown brush . A small area in Texas is up for sale and will most likely cost you less than buying a single home. In 1914, Lobo's population was just 20 residents but the town grew and by 1962 there were 90 people living there despite two powerful earthquakes that sent people away. In 2001, Bardorff and his other friend from Frankfurt, Germany pooled their money and purchased the town, he told Texas Monthly. However, these expenses may vary depending on the condition and location of your home. Texas ghost town Lobo selling for $100,000 - FOX 26 Houston 9202 Paseo Lobo, Texas City, TX 77591 | MLS# 52938011 | Redfin 'We're hoping to find a buyer with lots of energy, endurance, motivation and an interesting vision for Lobo's future. If the vessel/boat or outboard motor is required to be titled, the seller must provide one of the following in their name: Out of state title/registration (whichever is required by the previous state). Long-Forgotten Ghost Town In West Texas: Lobo Land for sale in Lobo 0 acres How do you sell land in Lobo, TX? But past the small town of Valentine, population 134, there's a place where the mountains stand guard over a row of desert-worn, derelict buildings. Lobo is located in Culberson County. Generally, you can expect to pay about $3,250 on pre-listing costs if you choose to follow all of our recommended and optional steps. If there are any problems with the title, they can be resolved by the seller at that time. (a) The recorded owner of a vessel numbered in this state shall notify the department not later than the 20th day after the date: (1)of the transfer by sale, donation, gift, or other means of all or any part of the owner's interest in the vessel, other than the creation of a security interest in the vessel; A dusty old Texas ghost town Located 130 miles southeast of El Paso and 57 miles away from the artsy desert city of Marfa, this ghost town in Lobo, Texas just went on the market for less than. However, an unfortunate fall in the water table led to the town being unable to sustain its population or local businesses any longer. The company expects warranty costs to equal . To save the most money when selling without a realtor in Texas, skip expensive repairs and improvements and sell your home as-is. The listing doesn't provide a price tag, but the owners toldMarfa Public Radiothey're selling for $100,000. Lobo's population was recorded at just 20 residents in 1914, but the town grew and by 1962 there were 90 people who called it home despite two powerful earthquakes that displaced people. In 2001, the 10-acre town was purchased by three German friends who. Needville to play first game in Little League World Series on Wednesday, Montgomery County man abused baby, said he 'often cried'; sentenced to 40 years, Suspect in Harris County deputy shooting charged with 3 counts of Attempted Murder, family speaks out, FOX 26 Houston is now streaming free on FOX LOCAL. If all you want is to get listed on the database, you can expect to pay around $50. Get Directions Currently not for sale $464,180 2022 Market Value Per Appraisal District 2 Full Bath (s) 3,294 Sqft. Texas Parks and Wildlife is not authorized to register/title boat trailers, those are handled by the Texas Department of Motor Vehicles through your local County Tax offices. a form prescribed by the department. The company's cost per new razor is $20 and its retail selling price is $75. Lobo, TX - TSHA Published: 23:27 EDT, 13 May 2023 | Updated: 02:41 EDT, 14 May 2023. Selling a house by owner in Texas typically costs up to 9.32% of the final sale price. insurance, which protects the buyer in case of any issues with the title. Out of state vessels/boats and motors must verify the serial number (HIN/MIN) by completing form PWD 504 (PDF 241.8 KB) (pencil tracing or photograph of the vessel/boat hull identification AND/OR motor identification/serial number). You can also skip out on an appraisal and extensive advertising though we heartily recommend Alexander Bardoff, who bought Lobo with a group of friends for $20,000 in 2001, is seeking a buyer for the ghost town, provided the buyer appreciates its history, the Wall Street Journal reported. If a hand written bill of sale is provided instead of on the title or signed tax affidavit portion on the. "Were hoping to find a buyer with lots of energy, endurance, motivation, and an interesting vision for Lobos future," owner Alexander Bardoff told Narcity. The average recording fee in Texas is $156. The name Lobo apparently refers to wolves that once roamed the area causing trouble, per The Dallas Express. 31.037. As time passed and maintenance became more challenging, the German owners decided Lobo needed another significant transformation. We would like to find a group of people that want to do something interesting out there," he said, adding, "We're hoping to find a buyer with lots of energy, endurance, motivation, and an interesting vision for Lobo's future.". The cost of a flat fee MLS package varies based on the number of extra services you need. Obtain the title signed on the back along with a bill of sale. Consumers continue to find value in having a real estate professional help them through the home buying and selling process. That's why we recommend considering an agent matching service or discount broker instead. A West Texas Ghost Town Seeks Its Next Exciting Chapter - 95.5 KLAQ Lobo is off Highway 90 between Valentine and Madonna and is near the booming tourist destination, Marfa, where travelers come to see lights they believe are visitors from another galaxy. If you want to learn more, we recommend looking into Clever first, as it offers the lowest rates and the largest selection of any low commission real estate brand. Surprised by the hidden costs of selling without an agent? Play it now! You could be the proud owner of this small Texas town. Thank You for visiting Lobo Real Estate. https://www.wsj.com/articles/for-sale-lobo-texas-ghost-town-housing-f26837. Separate certificates of title are required for vessels Parks and Wildlife Law Enforcement field office or a participating County Tax Assessor-Collector office. The relocation of the town's railroad station appeared to be the final nail in the coffin. The average cost of title insurance is $1,325 in Texas, but you can find the different costs of title insurance premiums from the Texas Department of Insurance. trending stories every day. He encouraged interested buyers to send him an email, but told Texas Monthly that he doesn't want it to become grazing land. @jblainetrain | Instagram If you're looking to invest in a house, you might want to consider buying an entire town instead. Thank You, Henry Cantu. based on how long each party actually lived in the home. 10 years later three desert-loving individuals and their friends began the process of rebuilding Lobo. home buyers, 71% of buyers are turning to sources that are fueled by the MLS. Separate notarized Release of Lien provided by the lien holder. Purchasing Used Vessels/Outboard Motors DO Camping at Desert Gardens Oasis at Lobo, Texas, Van Horn, USA A pamphlet box that can be attached to a sign costs about $2530. Dow Jones Reprints at 1-800-843-0008 or visit www.djreprints.com. Brown colored titles (newer format for vessels/boats & motors) have spaces on the back of the title to fill in for the bill of sale information. More than 70 people descended on Lobo, Texas, recently for the opportunity to own a ghost town for $100,000. MEAWW brings you the best content from its global team of The views expressed in the contents above are those of our users and do not necessarily reflect the views of MailOnline. It can help you plan and budget and determine how much you stand to save by selling without an agent. Listing your house for sale by owner (FSBO) in Texas means you dont have to pay a listing agent fee. 'You come back after a year and things have been destroyed, and then you have to start over again. All rights reserved 2023 The Real Deal is a registered Trademark of Korangy Publishing Inc. Everybody was doing it. Miami agent sentenced to prison for PPP fraud, Zara billionaire drops $232M on West Loop apartment tower, Sergio Busquets buys waterfront home in Sea Ranch Lakes, Trump Orgs sweet deal in Turtle Bay approved by judge. The owner is now selling Lobo for $100,000. The current owner of Lobo has used the town for art events and film festivals. It's been abandoned since 1991. CHANGE IN OWNERSHIP INTEREST; NOTICE TO DEPARTMENT. Boats/Outboard Motors Listing, Texas Parks and Wildlife Headquarters in Austin, Texas Parks and Wildlife Law Enforcement field office, Texas You can check whether a title has been issued for free , Complete the tax affidavit portion of the Vessel/Boat Application form. Selling FSBO is difficult, time-consuming, and brings a lot of risk. EL PASO, TEXAS: A tiny ghost town in West Texas has reportedly hit the market for a measly $100,000, which was far lesser than the average price of a home in the Lone Star State. Concessions in Texas cost sellers an average of 2%, or about $6,080. IRS says it has $1.5 billion in tax refunds waiting to be claimed The current owner of the 10-acre town of Lobo, in West Texas, purchased the town in 2001 for $20,000 with a few friends. He owned the property for another 22 years until 1991 when he was reportedly forced to sell it due to "crime and personal issues," per the property website. He graduated from Our Lady of the Lake University in 2013. It's like stepping into an artist's dream. Directions Advertisement Lobo Map The City of Lobo is located in Culberson County in the State of Texas. !This all brick home offers 4 bedroom, 3 bath, 2 car attached garage and oversize 3 car detached garage. Its like stepping into an artists dream. Visitors will feel more comfortable speaking honestly with their agent or partner if the seller isn't CERTIFICATES OF TITLE FOR VESSELS You can have a campground anywhere.. Statewide, the average property tax rate is 1.75% of the property value, or about $5,328 annually. While Lobo definitely needs some work, the sellers strongly believe it has the potential to function as a desert hub for the arts or perhaps as a nature retreat. Lobo, Texas is located 130 miles southeast of El Paso and 15 miles east of the Rio Grande. In Texas, the average cost of repairs all depends on how much work you want to put in. Ghost town frequented by UFO enthusiasts in Texas can be yours if you Intrigued by the idea of owning a piece of West Texas history? Flickr/auvet. Get Directions Sold $325,001 - $370,000 Sold on January 31, 2020 50 photos 4 - 5 Bedroom (s) 3 Full & 1 Half Bath (s) 2,954 Sqft. Sellers will also have to pay for things out of pocket that an agent would normally cover, To replace a lost or destroyed Texas title for a vessel/boat, submit form, To replace a lost or destroyed Texas title for an outboard motor, submit form, The owner of record must apply if there is no lien. The ownership of a vessel or of an outboard motor is Please enter valid email address to continue. Purchases or gifts of vessels/boats or outboard motors that do not include the title and bill of sale (or statement of gift) will not be eligible for immediate transfer. Sign up for our newsletter and get a curated list of the top Recording fees pay for the county services needed to transfer and update real estate documents whenever property is bought or sold. Schools OFF MARKET Street View LAST LISTED AT $399,000, SOLD ON JUL 12, 2019 9202 Paseo Lobo, Texas City, TX 77591 $520,514 Redfin Estimate 4 Beds 3 Baths 2,816 Sq Ft About this home 3.2 Acres!!! A modern ghost town, with limited water and an annual rainfall of 13.2 inches. Lobo, Texas - Wikipedia "No service next 74 miles." You won't see much on that stretch of highway 90. 2023 CBS Broadcasting Inc. All Rights Reserved. In 2001, the 10-acre town was purchased by three German friends who began the process of rebuilding Lobo. All U.S. Coast Guard (USCG) documented vessels (USCG documented vessels require State registration and proof of current USCG documentation). Although Lobo needs some work, the sellers believe it still has potential as a desert hub for the arts or perhaps a retreat for nature lovers. The average listing fee in Texas is 2.71%. However, the commission rate is always negotiable. Making some minor repairs and adding a few cosmetic improvements to your home can make a major difference to potential buyers. You may also include a sign rider with brochures/pamphlets with details about your house or upcoming showings. Expect to pay about $8001,200 for a flat rate package, or about $236 per hour. Registration CBS News Texas reached out to the listing agent about the price of the property but haven't heard back yet. Purchaser you can avoid unwanted surprises about your purchase by having the seller accompany you to the local office. ', The inside of the gas station could make for a fun venue for a bar area, A star shaped fire pit is seen next to a dilapidated swimming pool, The buildings are now all boarded up and ready for new owners to take over and renovate, The entire town needs a lot of work to restore its features including the pool area. and cookie statement. Effective January 1, 1994, all motorboats and all According to Texas Monthly, Lobo, a charming West Texas town, is on the market, with a history as fascinating as its landscape. Lobos serene desert landscape has a transformative effect, prompting visitors to appreciate the slower pace of life and the opportunity to own a piece of history. The town's decline began in the 1950s, when the railroad was abandoned. Here are some of the major expenses that most FSBO sellers don't consider: If this seems like a lot, know that it could be worse unlike many other states, Texas sellers don't have to pay transfer taxes! Manage My Subscriptions, archive and Titles FAQ, Abandoned Bardorff didn't give the price for the 10-acre town but created a website with all kinds of information about the land and the town. NOT purchase a used vessel/boat or outboard motor without receiving an original title (signed on the front and back) along with a signed bill of sale from the person(s) listed on the title or from their legally documented representative. Singer 'secretly' welcomed a son with A$AP Rocky two weeks ago - and his first name begins with an 'R', Catholic schools in Massachusetts order their 5,000 students to use the names, pronouns, and washrooms of their biological sex, heating up church's gender row, Crying for herself: Ohio teen Mackenzie Shirilla who deliberately killed her boyfriend and pal in 100mph crash breaks down in tears as she is sentenced to a minimum of 15 YEARS behind bars, America's most hurricane-vulnerable counties REVEALED: Experts pinpoint 318 regions prone to destructive events.. see where YOUR hometown ranks, REVEALED: Elon Musk was treated as de facto diplomat by Pentagon officials due to Russia-Ukraine war 'influence' - and 'told defense worker he DID speak directly to Putin', Sienna Miller, 41, slips into a tiny bikini as she enjoys a relaxing day at the beach with friends in Ibiza, Florida Gov. That said, the asking price of $100,000 is well below the median home price in Texas which is currently $341,300. Hundreds of sharks seen gathering near the Texas shore; Is this normal? The aquifer was almost dried out in the 1980s, and in 1991 it became a ghost town. Bardorff, who lives in Arizona, said recovering from the pandemic was hard. OF TITLE. Texas Ghost Town Hits the Market for $100,000 - The Real Deal The 10 acres of land that comprise this ghost town are also really close to Jeff Bezos Blue Origin spaceport and the Guadalupe and Big Bend national parks. The annual event saw people from across the country gather to watch short films and enjoy live music and art shows at the once-thriving mall route stop. 1%, Try Clevers free service, find out how much you could save, Learn about Clever, find top TX agents, save on realtor fees, considering an agent matching service or discount broker instead. Published May 8, 2023 at 6:50 AM CDT Listen 7:15 Carlos Morales / Marfa Public Radio Lobo, Texas pictured in 2017. If a legal representative signs the title or bill of sale for the recorded owner(s), you must obtain a copy of the documentation authorizing the legal representative to act on behalf of the owner(s). The town of Lobo, located in the vast desert of West Texas, has listed for $100,000, according to Click 2 Houston a price tag smaller . Nationwide, the average home inspection costs about $350, but this can vary depending on the square footage of the property. Lobo, Texas, Culberson County ghost town. - Texas Escapes 3.05 Lot Acres Single-Family 4 Day (s) on Market Description GORGEOUS! FSBO sellers in Texas will spend 5.69% to 9.32% of their home's property value to sell their home. Lobo, TX Land for Sale - LandSearch For Only $100K, You Could Be The Owner Of The Texas Ghost Town, Lobo The owners have established an informational website, seeking a buyer who embraces their vision of a unique transformation for the town. Contact Us Theres one in Arizona that comes complete with a refurbished general store thats on sale for $1.1 million. If this is a project youd be interested in, an open house will be held during the Memorial Day Weekend May 25-29 so you can see the small town for yourself. The Texas Ghost Town of Lobo | Nutty Hiker Adventures However, if your home is priced too low, you won't earn the money your house is actually worth. If a violation is currently in progress, please call Operation Game Thief immediately. Just keep your own timeline in mind it might be worth it to hire a pro if you don't have the time or materials necessary to complete DIY tasks. A basic corrugated plastic sign or an aluminum sign can be placed in a thin H-frame ($13) or a sign frame ($1835) in your yard. But is there anybody here who could tell me more about the town that I don't already know? That's pretty wild. 'I'll be seventy years old in a month, and all my other friends are in Germany, so we're just running out of energy.'. If a legal representative signs the title or bill of sale for the recorded owner(s), you must obtain a copy of the documentation authorizing the legal representative to act on behalf of the owner(s). This makes the closing process more affordable for the buyer. Here's how the standard fees for some of the most common improvements break down: To keep more of your money in your pocket, you could do some DIY projects. We used it for housing for Evergreen Farms for a time in the 70's". Lobo, Texas - A ghost town in West Texas is up for sale for less than most houses. But it could have residents, should you decide to purchase this ghost town near Marfa that its owners have put up for sale. Fee Chart (PDF 430.2 KB). Of course, every sale and situation is different. What few FSBO sellers may realize is that there are lots of low commission real estate companies that offer Texas sellers the same services and benefits of working with a full service agent (including professional photos, Weathered metal structures in the mostly deserted town of Lobo, south of Van Horn on U.S. 90 inCulberson County, Texas. account_circle It is situated along U.S. Highway 90, about 12 miles (19 km) south of Van Horn and 24 miles (39 km) west of Valentine. That said, you'll need to pay for a lot of services realtors typically out of pocket not to mention put in a lot more It's been abandoned since 1991.