Peaceful Meadows

 (in Hopkins County, near Sulfur Springs)

 Vital Information:

______ Assessments:

There is no Property Owners Association, there will be no special assessments or dues.

 ______ Easements:

Each tract is subject to easements for installation and maintenance of utilities as shown on the recorded plat. Generally, there is a 15’ utility easement along the county roads. The front building line is 75’ – you may not build in the first 75’ from the County Road.

 ______ ELECTRICITY:

FEC Electric will provide service on lots on facing CR 3567 & 3565, upon request of the customer. FEC provides an $1800 allowance for service, from the street to your home. If your service costs less; you are eligible for a rebate. Call 1-800-541-2662 or 903-885-1299. FEC’s address is 129 Gilmer Street, Sulphur Springs, TX 75482.

TXU provides service on CR 3564. Contact Darlene Humphries (Oncor) @903-439-4233. Under 300’ to meter is free. Residential service number is 800-242-9112.

_______LIENS:

There are no liens on the property.   Developer will offer financing, with no prepayment penalties and a right of exchange. See “Financing Details”.

______ MINERALS:

There are no mineral rights owned by the developer.  There are no mineral rights that go with the land. 

______ NATURAL GAS SERVICE:

Several companies in the area can provide propane service. Shelton’s Propane @ 903-268-4620 is good one. Tanks may be leased or purchased.  Currently, there are Texas rebates for installing gas appliances – up to $750.

  ______ REAL ESTATE TAXES:

                2006 tax rates are as follows:

o        TOTAL                              $2.11816 per $100 -- OR 2.11816% OF ACCESSED VALUE

This would mean taxes of $211.82 for a $10,000 property, IF there is no agriculture use. Taxes may be reduced for with homestead, disabilities, senior citizens, and/or agricultural exemption. Property currently has the Ag. exemption, if you change the use to something other than Ag. you maybe subject to "rollback" taxes. Talk to developer if you think you will change the use of the property.

If Developer harvests hay, this may allow property owners to keep the agriculture exemption, thus reducing taxes.  Once a home or a fence is constructed on your property, harvesting hay is prohibited by the Developer.

 ______ RESTRICTIONS:

                See restrictions.

 ______ School District:

Sulphur Springs Independent School District.

 ______ SEWER/SEPTIC:

Each tract must get a permit for septic from Hopkins County. Percolation test and the number of bathrooms will determine the size of the system. The approximate cost to install an aerobic septic system is $4,300 for a 3 bedroom.

______ TELEPHONE:

Verizon Southwest @ 903-885-8090 or 800-483-1000

______ TELEVISION:

Satellite service is SatPro, Inc @ 1-800-621-7281, at this time. Their base package including all DFW stations is currently $28.99.

______ TRASH:

Tabor Sanitation Service @ 903-885-9900. Current rate is $16.01 including container.

______ WATER:

North Hopkins Water @ 903-945-2619 provides water service. Meters/tap fee is $750.

Buyer acknowledges receipt of a Vital Information Statement containing the following: Statement of Good Faith estimates of buyers costs to provide water, septic, electric, propane, telephone and trash services. There are no warranties made, expressed or implied regarding future suppliers,  costs or availability.

Contact Kit Campbell @ 903.825.2501,

1-877-ETX-LAND or email.