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WHERE DOES MONEY ENTER IN TO THE
TEXE MARRS MINISTRY?
Here are the descriptions and addresses for
properties reportedly owned by Texe Marrs and or his wife in the Austin,Tx area.
[ By the time this article goes to press there may
have been changes in ownership, we are requesting certain documents under the
freedom of information act.]
Now you will understand a little bit more about why, many people alledge that
Texe Marrs milked his former contributors for all he could, and used his 501 C-3
tax exempt status to build a empire on earth for himself.
TRAVIS COUNTY, TEXAS, REAL ESTATE PROPERTY OWNERSHIP RECORDS RE:
TEXE & WANDA MARRS AND LIVING TRUTH MINISTRIES.
ALL LISTED PROPERTIES ARE LOCATED IN OR NEAR AUSTIN, TEXAS.
[The above records are being researched by
Texas members to update and add to them.]
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.
6) MARKET VALUE: $93,500.
Address: 2507 Sailboat Pass, Marble Falls, Texas (The Ranch Subdivision, Lot 11)
Date acquired: August 05, 1993
NOTE: Apparently, this is the second investment lot the Marrs' own in this
prestigious lake area residential subdivision near Austin, Texas. (See their
first lot in Item 5 above.)
7) MARKET Value: $84,861.
Address: 25537 Pedernales Point Drive, Marble Falls, Texas
Size of home: 1,620 square feet, single story
Date acquired: November 18, 1996
NOTE: This single family residence is located at Paleface Pedernales
Subdivision, on Lots 7 & 8.
TOTAL MARKET VALUE OF ALL KNOWN (THERE COULD BE MORE ELSEWHERE)
REAL ESTATE REPORTEDLY OWNED EXCLUSIVELY BY TEXE AND WANDA MARRS IN THE AUSTIN,
TEXAS, AREA IS:
$1,145,826.OO
THE FOLLOWING PARCEL OF REAL ESTATE IN AUSTIN, TEXAS, IS REPORTEDLY OWNED BY
TEXE MARRS' EX-WIFE. SUSAN TRUNCHAN MARRS. A THAI NATIONAL
1) MARKET VALUE: $54,513. / OWNED BY TEXE MARRS' EX-WIFE, SUSAN T. MARRS
Address: 503 Jan Court, Austin, Texas (Susan's home phone number is 512
873-7300) Size of home: 910 square feet, single family residence.
Date acquired: April 4, 1994
NOTE: Susan Trunchan Marrs, a Thai, is the EX-WIFE of Texe Marrs. They met in
Thailand in 1965 and were married in 1967. They were divorced on August 23, 1977
in Beaumont, Texas, Jefferson County Court case number 98215C. On April 27,
1994, Texe and his present wife, Wanda, loaned Susan $36,529.68. The loan was
secured by a promissory note and deed of trust against the above real estate. In
addition to the above property, Susan Trunchan Marrs owns a business in Austin,
Texas, called Suzie's Beauty Salon, located at 5742 Burnet Road, Austin, Texas
78756, phone number (512) 4S9-5945.
THE FOLLOWING TWO) PARCELS OF REAL ESTATE WERE REPORTEDLY OWNED EXCLUSIVELY BY
LIVING TRUTH MINISTRIES
1) MARKET VALUE: $120,560
Address: 1708 Patterson Road, Austin (Eanes), Texas
Size of home/office: 2,300 square feet, single story, on one acre of land.
Date acquired: November 13, 1992
NOTE: This home/office is located in a prestigious equestrian area of Austin.
This home has been converted to an office. This is apparently Living Truth
Ministries' and Texe Marrs' headquarters facility.
2) MARKET VALUE: $280,295.
Address: 248 Addie Roy Road, Austin (Eanes), Texas
Size of unimproved lot: 207,626 square feet or 4.7 acres
NOTE: This land is zoned for commercial use. Apparently, this prime vacant land
is Living Truth Ministries' proposed new office site.
TOTAL MARKET VALUE FOR BOTH OF THE ABOVE TWO
LIVING TRUTH MINISTRIES' PROPERTIES IS: $400,855.
TOTAL MARKET VALUE FOR THE COMBINED REAL ESTATE
REPORTED ASSETS OF LIVING TRUTH MINISTRIES AND TEX & WAN DA MARS IS:
$1.55 MILLION!
NOT TOO BAD A TAKE, FOR A FORMER SO-CALLED
NON-PROFIT MINISTRY!
NOTE: The above list of properties is only a
record and may not reflect current ownership. We will be updating this
record to make it more accurate.