Harbor Custom Development, Inc. filed a motion in the US Bankruptcy Court for the sale of its certain assets on February 21, 2024. The debtor seeks the Court?s approval for the sale of its certain assets to Deborah Arnold and Frank Grasslerr for 109 Beauty Berry Property for a purchase price of $1.43 million in cash, and to Steven Ian Gallagher and Mary Ashley Gallagher for 810 Flint Ridge Property for a purchase price of $1.21 million in cash. Nadia Black of the Fridman Group and Keith Newman of Compass RE Texas LLC are the debtor?s brokers with a commission of 3% for 109 Beauty Berry Property and a commission of 6% for 810 Flint Ridge Property.

The debtor?s assets include Summit Rock real property with common address of 109 Beauty Berry, Horseshoe Bay, Texas 78657, also known as lot 61, block 0.42 AC in the County of Llano, Texas, and Cimaron Hills real property with common address of 810 Flint Ridge Trail, Georgetown, Texas 78628, also known as lot 165 in the County of Williamson.