Harbor Custom Development, Inc. filed a motion in the US Bankruptcy Court for the sale of its certain assets on February 9, 2024. The debtor seeks the Court?s approval for the sale of its certain assets to Geoffrey Thomas Fischer and Lindsey Ann Fischer, for 404 Paintbrush Property for a purchase price of $1.05 million in cash, and to Jeff Wade Jackson for 500 Paintbrush Property for a purchase price of $1.02 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 6%.

The debtor?s assets include Summit Rock real property with common address of 404 Paintbrush, Horseshoe Bay, Texas, 78657, also known as lot 62, block 0.42 AC in the County of Llano, Texas, and Summit Rock real property with common address of 500 Paintbrush, Horseshoe Bay, Texas 78657, and known as lot 65, Summit Rock Phase One LT 65 0.430 AC.