Posted by John Merchant on July 20, 2007 at 10:32:48:
Since anybody can sell anything he already owns, yes.
Once you get written & signed “right to buy” agreement (option) for certain price, terms, etc. and it’s assignable to YOUR buyer, then yes, you can sell it for any price you want.
I don’t recall whether TX law says that a RE contract is assignable unless specifically prohibited, or is NOT unless specifically permitted, I’d just include a clause in your REC spelling out that you have the right to assign the REC to anybody you may choose for whatever price you and your buyer might agree upon.