Re: WHERE DOES MONEY ENTER IN TO THE TEXE MARRS MINISTRY? -- The NEW Lost Souls Message Board

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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 >color="#804000">.]

>

>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.] >color="#804000">

>

>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!

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.