The Hereford Brand (Hereford, Tex.), Vol. 83, No. 65, Ed. 1 Sunday, October 2, 1983 Page: 9 of 48
This newspaper is part of the collection entitled: The Brand (Hereford, TX) and was provided to The Portal to Texas History by the Deaf Smith County Library.
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3
The
F
*
rigation pipe Easy acreage to manage
$60,000.00
/»
home, look at this.
$22,000.00
Up, Up And Away
Smart U.S. investors shopping around
Make an offer Owner anxious to move
$26,000.00
loan*
$34,500.00
Priced Right
$16,000.00
REALTO
REALESTATE
LB . MAS H
LEASE
PURCHASE
ON
M
Doc “7andy
k •
PROPERTY
FOR SALE
J
kA
MIN. Mata St.
Hereford, Texas
806 364-0555
Lone Star Agency, Inc.
REAL ESTATE nd INSURANCE
■HI
34-10
■I —
a
NEW LISTING ON WILLOW LANE
Extra sharp, 3 bedroom, 1% bath,
large den and fireplace, isolated
master bedroom, rear entry garage.
$59,500
JONES
REAITY
it wide
Iworth
COMMERCLAL INVESTMENT - nearly 2 acres, ideally
suited with frontage on South Main, and on Austin Road
JUST LISTED - 3 bedroom on Ave. K priced at only
$22,000.00 Owner anxious to sell. If you need a starter
CHEROKEE - and the terms are ex-
cellent. For $74,900.00 you can live in
a 4 bedroom with an isolated master
bedroom, den and fireplace,
gameroom and fireplace, storm
cellar inside the house - and posses-
sion can be quick! Call Mark An-
drews for more details.
$49,500- bedroom on Elm Street for
less than $50,000. It needs some
work, but could be a real bargain.
Would go FHA, VA or conventional.
DonC.Tardy 578-4408
Juanita Phillips 364-6847
Betty Gilbert Mi IMS
As part of the class reading program, which
began at the start of school, approximately 125
second graders from Northwest School read
enough books to qualify for participation in a
giant balloon launching held on the school
playground Friday morning. Each child was
nuclear waste activities, and
you CM be added to the liat to
receive the letter by calling
the number above
given a balloon and attached tag with his or
her name and the school address, so it can be
returned if found. Second grade teachers in-
clude Alice Lockmiller, Wanda Stanley, Mary
Garcia, Irma Medina, Gina Melone, Francie
Farr, and Helen Skypala. (Brand Photo)
STOP RENTING - buy this 3 bedroom, 2 bath on Ave. G
Assume 8% percent FHA with $11,000 cash. or get new
com-
Ken-
$52,500-on Juniper St. This one pric-
ed to sell - will go FHA, VA or con-
ventional. Has living room, large
kitchen-den area, isolated Master
Bedroom.
JehmD. Bryant
381-2900
Ken Rogers
MUN
Am Manar
3840418
Loyd Sharp
304-2543
MARK ANDREWS
AVIS ELAKEY
TEDWALLIING
DONTMANTIN
ANNELLE HOLLAND
BRENDA REINAUA
$31,500-Clean 2 bedroom on Ave. E.,
has good FHA loan with interest rate
of 9 percent, payments of $215.00 per
month. Owner might trade for good
vehicle for part of down payment.
Call Mark Andrews.
ar. •
•
is His
for-73,
down,
dheis
issers
le this
AT 3M AVE.J. you will find this alee three bedrosm,
2 bath home with UM sq.ft, living area, alea, 2 car
garage and concrete storm cellar. Priced to sell
quick on FHA or VA at $32,000.
may let their properties go
for 30 percent to 40 percent
less than what they would
have demanded a year ago.
"But those are definitely
isolated cases and you need to
search for them.”
The key for investors, ac-
cording to the agents, is to
avoid falling in love with one
condominium that may be
"hot” and look for those that
are not.
Conrow also said the price
for undeveloped land is
"more negotiable” now.
Smith said only half of the
5-mile stretch of island within
the city limits is developed.
“We still have 30 percent to
go”
A $900,000 four-bedroom,
5*-bath penthouse in Franke
Plaza could sell for 8700,000
"at this time,” Franke said.
"That won't be forever."
er suggestions for this col-
umn, please write POWER,
Route 2, Hereford, or cell
361-7503. The organization has
begun the publication of a
newsletter to keep area
INVESTMENT PROPERTY -Excellent Commer-
cial building, perfect location at third and Maia St
Leased and occupied by C.R.Anthony Company.
Call us for afi detads.
$56,500-Immediate possession on
Juniper Street. Assume loan with
reasonable equity, 9.875 percent non
escalating interest. Closing costs ap-
prox. $250.00. Call Mark Andrews.
EXCELLENT COMMERCIAL PROPERTY. Ap-
prox. 12 acres, alee house and several outbulldings
on Hwy. 3M just south of railroad overpass.
We are members of Hereford Multiple Listing Service,
and can show you practically any listing in town. Let us
help you find the home you need.
B. L "LYNN" JONES
REALTOR- -BROKER
$22,500- nice starter home for young
couple. 2 bedroom on Ave. D, new
panneling, good carpet, large
rooms.
Out of Tawa or Out of State
CMTMRw
1-800-545 0902-6.19
364-6633
Am/MM 4 Ammmm
“"b-s
1 1 ap
that we would have assumed
Mexican ownership in the 30
to 35 percent range," he said.
.Nevertheless, the 8470,000
price for a three-bedroom
penthouse in Bridgepoint is
the same price the developer
would have set had the value
of the peso not plummeted.
Frey er said.
“It’s a one-of-a-kind struc-
ture and i one-of-a-kind pro-
ject,” he said.
American buyers, especial-
ly Texans from the Dallas-
Fort Worth area, are making
up some of the void left by
Mexicans on the island. the
spokesmen said
„an5
LltriMQ SERVICE
HUS
DISCRIMINATING BUYER
will bring the family and move right into this pretty
brown brick. Assumable non-escalating loan on this 3
bedroom, 2 bath home. A dining or music ream to use
as you please. Very alee kitchen, dea with unusual cor-
ner fireplace. Rose garden and oae far vegetables, toe.
Conveniently located to shopping center. Let as show
you this one before its goae.
LEASE PURCHASE - PRICE REDUCED
Bay thia 4 bedroom brick below the market. Prims '
location la Northwest Hereford. Absentee owner very
■axiom to sell. Flexible terms. belated master
bedroom with double bath, cathedral den with WB
fireplace, front kitchen, and all the amenities. Londed
with charm aad only 6 years oM. Make aa appolntment
to see this one todny!
hetre-
blems
Gregg
Ve
The story is different st
Bridgepoint, a 29-story lux-
ury condominium scheduled
for completion next spring
but which is 70 percent sold.,
said Frank Freyer, Bridge-
point Inc. vice president.
”I would say Mexican na-
tional ownership is probably 2
or 3 percent," Freyer said.
"It's so little that you can
hardly count it."
That’s not what the
developer anticipated when it
began selling units in the pro-
ject before construction
began in June 1982
We would have felt, prior
to the first peso devaluation.
out for a good price.
While some Mexicans were
forced to sell at sharply
reduced prices, the real con-
cern among developers and
real estate agents continues
to be the oversupply of new
condos built with free-
spending Mexicans in mind.
The island has 1,587 con-
dominium units, with more
scheduled for completion by
spring, said Claudia Garza of
the South Padre Island
Chamber of Commerce.
City officials issued
building permits for 810
million worth of construction
through August of this year,
according to City Manager
Johnny Smith.
That figure is down from
the all-time high of $69
million just last year.
Island condo sales were
fair this summer, said
Richard Franke, co-owner of
Franke Inc. Realtors.
"We didn't get as much ac-
complished as ire had hoped
to in the way of reducing in-
ventory, but we're looking in
the right direction," he said.
NOW SEE THIS ONE...Beautiful new 3 bedroom
home at 324 Hickory just completed. Has all the ex-
tras you weald expect ta a new borne. See time for
open house showing elsewhere in this paper or call
for an appointment to see it
$79,500-Douglas Street - extra large
Master bedroom with beautiful view
of the back yard. Completely
remodeled, new carpet, repainted,
sprinkler system. New furnace &
water heater.
ATTENTION TEXAS VETERANS
We have 10 acres, good well, will sell
to veterans who qualify.
Tirfrmh
"The big crunch is over."
He and other real estate
agents say bargain-hunting
investors still can find some
good deals on the island, if
they are willing to shop
around.
"I would say right now is
one of the best possible tunes
to buy on the island because
the market has brought the
pricing back down for a
period of time," Conrow said.
"The prices were so in-
flated that they are now com-
ing down to be more
realistic," he said.
It’s difficult to estimate
how much prices arc off on
the island, the agents said.
"Everybody is in a little
different situation right
now,” said Conrow. "Some
projects are hotter .. and
some are not."
Conrow said some sellers
POWER LINE Peopkeoypnopduwonved
SOUTH PADRE ISLAND,
Texas (AP) - More Texans
are finding their own piece of
paradise right here in the
state, thanks in part to a
South Padre Island construc-
tion boom spawned by Mex-
ican money.
"When the Mexicans came
over with their pesos, that
spurred on a tremendous
boom," said Jim Conrow,
owner of Conrow Realty on
the island
"We've always had a
strong Texas market down
here," Conrow said.
But, he said more Texans
are discovering South Padre
Island now that it "is quite
munificent "co
the tide turned toward the
U.S. market in 1982 after the
value of Mexico's peso plung-
ed from 27 to the dollar to
about 150 to the dollar, mak-
ing it much more difficult for
Mexicans to buy or keep ex-
pensive island con-
dominiums. Some are selling
since the dollar brings so
much in Mexico but others
are wealthy enough to hold
with Hereford High
homecoming, which will in-
elude a parade and football
game. The meeting will be a
i? nun and go affair, ho waver,
so interested persons may
stop by for as long as they
like Printed information on a
variety of nuclear waste
issues will be available.
If you have any comments
PROPERT
ENTERPRISE!
DON’T PASS UP - 8% percent VA assumable loan on 2
story. 3 bedroom, 2 bath, with plenty of room. Hage lot and
plenty of trees. Great location. Ownefwill carry 2nd
837.509 00
NORTHWEST DRIVE - 3 bedroom, all brick, refrigerated
air, torginal bath, sharp home for young couple $9,500.00
PRICE REDUCED - Convenient central location, 2
bedroom, cozy & nice with separate garage. Extra large
lot, use for mobile home or garden. Now just $25,000.00
COULD BE FOR YOU - This 2 (or 3> bedroom has new
carpet 4 new paneling in spacious living room. Priced
worth the money, but make an offer anyway $25,000.00
YOU CAN - get in cheap, owner will carry balance at 10
percent on 826.000.00 with very small down payment -
EDGE OF TOWN - 5 acres. rambling 3 bedroom rancher,
corrals, pens, roping arena. custom built horse stables,
hot walker, hay bam, underground PVC, submersible
pump, lots of trees, country living. $115,000.00
18 ACRES - adjacent to above property. 5 yr. old 0”
wellconsidered one of best in area 75 sprinkler heads
water 5 acres of permanent grass Includes Aluminum ir-
EXCEPTIONALY NICE.. J bedroom home with ap-
proximately UN sq.ft, la liviag area. Just right for
small family er buyers first home. 425 Ave. J.
364-6617 804 S. 25 Mile Aw
The Department of Energy shafts are expected to be
has passed another major located in Nevada and
milestone in Ito march far the Washington, with sites in
nation's first high-level Texas, Louisiana, Minei?
nuclear waste dump, with the pi. and Utah in the running
release of the final siting for the other shaft
guidelines. Copies of the The proposed final siting
39-page document were guidelines spell out the pro-
received by governors in the cam for the selection of a site
affected states on Sept M. Areas of enneutoratinn in-
The guidelines will now be clude geohydrology,
submitted to the Nuclear geochemistry, rock charac-
Regulatory Commission for tristics, climate, erosion,
final approval. dissolution, tectonics, human
Steve Frishman, director of interference, natural
the Nuclear Waste Pro- resources, site ownership and
grams, said that the state of control, population density,
Texas is now preparing com- meteorology, socioeconomic
ments on the final proposal, impacts, and transportation.
He said the thrust will remain The specifications take into
in the areas of fully accoun- account favorable and un-
table procedure and technical favorable conditons in each of
conservatism. the areas, both in respect to
ADDarentiv. copies of the before and after the
final draft will not be made underground facility is closed
available to the public until (preclosure and postclosure),
after NRC approval. There are also disqualifying
The guidelines will be used conditions, under which an
to provide a comparative area could be eliminated
framework, from which the from consideration if it met
DOE will eventually select that condition.
the site of the underground In June. POWER con-
waste dumo. Nine sites in six ducted a postcard campaign,
states are currently being asking the DOE to disqualify
considered. and the an areas if it involved storing
guidelines will be used to nar- the nuclear waste near a pro-
row that list to five, possibly ducing freshwater aquifer
sometime in early 1984 Then, That condition was not in-
by 1985, the list will be cut to eluded in the final draft of the
three candidate sites, each of guidelines.
which will have a 12-foot The Department of Energy
diameter exploratory will be back in Hereford Fn-
borehole sunk. At-level day, with • public informa-
testing and other exploratory tion meeting at the Communi-
activities will take place at ty Center. Unforunately, the
those three shafts Two of the meeting is in direct conflict
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The Hereford Brand (Hereford, Tex.), Vol. 83, No. 65, Ed. 1 Sunday, October 2, 1983, newspaper, October 2, 1983; Hereford, Texas. (https://texashistory.unt.edu/ark:/67531/metapth1477676/m1/9/?q=%22%22~1: accessed July 16, 2024), University of North Texas Libraries, The Portal to Texas History, https://texashistory.unt.edu; crediting Deaf Smith County Library.