THE FOLLOWING REAL PROPERTY WAS REPORTEDLY OWNED EXCLUS1VELY BY TEXE & WANDA
MARRS. ALL OF IT WAS ACQUIRED SINCE THEY FIRST BEGAN THEIR SO-CALLED "NON-PROFIT" MINISTRY IN 1989.
1) MARKET VALUE; $359,012.
Address: 2709 Creek Edge Parkway, Austin, Texas
Size of home: 4,325 square feet, two story, on 1/4 acre of land
Date acquired: December 31, 1991 (This apparently is the Marrs' former personal residence)
2 MARKET VALUE: $168,800. / SOLD DECEMBER 05, 1996, (SEE NOTE BELOW)
Address: 124 Tellus Street, Austin, Texas (This appears to be a rental/investment home)
Size of home: 3,100 square feet, two-story, on 1/4 acre of land
Date acquired: September 06, 1994
NOTE; This home was sold on December 5,1996, for $168,980. Apparently, the money Texe & Wanda Marrs gained from the sale of this property was used as a down payment for their new 4,846 square foot residential property located at 800 Elder Circle, Austin, Texas, as indicated below in Item 3,
3) MARKET VALUE: $390,OO0.) (SEE NOTE ABOVE)
Address: 800 Elder Circle, Austin, Texas (This apparently is the Marrs' new residence) Size of home: 4,846 square feet, two story, lot size unavailable
Date acquired: December 10, 1996, just five days after the above property at 124 Tellus Street was sold.
SPEC1AL NOTE: This very expensive, prestigious home was purchased on December 10, 1996, at approximately the same time Mr. Marrs prepared his December, 1996, FlashPoint newsletter article which attempted to assassinate Terry Cook's character and ministry! The article was cynically titled, "PLEASE PRAY FOR TERRY COOK"!
4) MARKET VALUE: $l23,453.
Address: W. Highway 71, Marble Falls, Texas (Paleface Homesteads Subdivision, Lot 6)
Size of lot: 1,629,580 square feet or 37.4 acres
Date acquired: May 17, 1995
NOTE: This appears to be an unimproved investment lot in a prime residential area near Austin, Texas.
5) MARKET VALUE: $95,000.
Address: 2505 Sailboat Pass, Marble Falls, Texas (The Ranch Subdivision, Lot 10) Size of lot: 69,696 square feet on 1.6 acres
Date acquired: August 05, 1993
NOTE: This appears to be an unimproved investment lot in a prime residential lake area near Austin, Texas. It is one of two lots the Marrs' own in this prestigious development. See item 6 below.
There's more, Jeff - don't fall for these extremists.