Tract 2 of a 32 Acre Ranch near TX A&M Commerce
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Tract 2 of a 32 Acre Ranch near TX A&M Commerce

952 FM 3132, Klondike, Texas 75448 - Delta County
Auction 12.90 Acres
Property ID 6489618
Tract 2 of a 32 Acre Ranch near TX A&M Commerce
952 FM 3132 Klondike Texas
03/09/2019 11:00 AM

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Description

LIVE AUCTION...SATURDAY, MARCH 9, 2019 AT 11:00AM CST

Auction will be held at the ranch at 952 FM 3132 in Klondike, Texas

32 Acre Ranch divided in 2 Tracts

Buy Either Tract or Buy Them Both!!!.

This is Tract 2, 12.9 Acres of the 32 Acre Ranch

REAL PROPERTY: Located just 6 miles from the TX A&M University Campus in Commerce, all sandy loam soil, mature Live Oak, Bald Cypress, Crepe Myrtle, Ornamental Pear, Peach and Pecan trees. Excellent income producing property for breeding, training, boarding, lessons, clinics or a "Bale and Breakfast." Easy access to Commerce for shopping, restaurants, feed stores, emergency and outpatient services, small and large animal clinics!

TRACT 1 features a gated entry to the 2512 square foot, 3 bedroom, 3 bath house with a 2 car garage, 13 stall barn with 8 additional covered stalls, 60' x 115' lighted covered arena, 110' x 12' lighted pipe outdoor arena, workshop with covered parking, 4 horse Priefert walker, 5 cross fenced pastures and a large stock tank on 19.3 acres.

TRACT 2 is 12.9 acres with over 325' of road frontage, a large stock tank and is cross fenced.

LIVE AUCTION: The real property will be offered for sale in a live, audible auction, conducted by a licensed Auctioneer on Saturday, March 9, 2019 at 11:00am CST. The auction will be conducted on-site, at the ranch, located at 952 FM 3132 in Klondike, Texas. On-site registration will begin at 9:00am on the day of the auction. The property will sell "AS IS". It is the sole responsibility of a potential Buyer to inspect and research the property prior to the auction.

REAL ESTATE TERMS: A 10% Buyer's Premium will be added to the high bid attained at auction to constitute the total contract price. The 10% Buyer's Premium will be paid the day of the auction when the contract is executed. The balance will be due at Closing, on or before, Friday, April 26, 2019 at 5:00pm CST. Buyer is responsible to attain his or her own financing prior to closing.

FINANCING AVAILABLE: Lone Star Ag Credit will offer Financing under certain conditions. APPROVAL REQUIRED PRIOR TO THE AUCTION!!! Call Craig Hartman for financing information. (940.395.6069)

ONLINE BIDDING FOR REAL ESTATE ONLY: If you are unable to attend the live auction held at 952 FM 3132...you can participate in real-time online bidding that will be available through PROXIBID beginning at 10:30am CST on the day of the auction. Pre-registration with PROXIBID is required.

AGENT INCENTIVE: Real Estate Agents are eligible to receive a 2% commission. Bring your Buyer and co-register the day of the auction. The Real Estate Agent of the successful Buyer will receive a 2% commission of the auction strike price to be paid the day of Closing.

NOTICE: This property will not be pre-priced and will not be sold prior to the date of the Auction. Therefore, as a prospective Buyer, you are guaranteed your opportunity to purchase this property on March 9th.

OPENING BIDS: Tract 1 will have an opening bid of $100,000 and Tract 2 will have an opening bid of $2500/acre.

REAL ESTATE PREVIEW: The ranch my be viewed by appointment only. Call to schedule an appointment

Contact Tony Langdon at 214.876.5950 for additional information

For updated information on Upcoming Auctions you can also follow Tony Langdon on Twitter, Instagram and Linkedin

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    NOTE: The information contained herein is provided as general information only and has been obtained from sources deemed reliable. It is provided without any guaranty, warranty or representation, expressed or implied, made by Lands of America, or any related entity, as to the accuracy or completeness of the information. The information is presented subject to errors, omissions, change of price or conditions, prior sale or withdrawal without notice. Prospective purchasers should make their own investigations, projections and conclusions concerning the information.