AUCTION - 123ac Saddleback Ranch divided in 11 Tracts, 2 Homes
LIVE AUCTION....123=/- ACRES IN 11 TRACTS Saturday, July 24 at 11am - 2346 Brumelow Road in Whitesboro TX REAL PROPERTY: This beautiful 123 acre property, with a nice mix of native grasses and mature trees with varying terrain sells at Auction divided in 11 Tracts ranging in size from 5.25 to 21.3 acres. As a Prospective Buyer, you will have the opportunity to purchase Any Tract, Any Combination of Tracts or Buy the Entire 123 Acres. The property features 2 homes, workshop, 9 stall horse barn and a 4 acre pond. Enjoy the peace and quiet of living in Whitesboro with all the creature comforts just minutes away. Easy access to Hwy 377, Hwy 82, I-35 and the Winstar Casino, 20 minutes to Gainesville, just over an hour to Dallas, Fort Worth, DFW & Love Field Airports, Lone Star Park or north to Madill and Oklahoma City. TRACT 1: 11.5 acres, large pond, over 1100' Brumelow Road frontage and Shared Access Driveway Easement for Tract 11. TRACT 2: 21.3 acres with a stock pond of nearly 5 acres. TRACT 3: 12.9 acres with a nice mix of pasture and mature trees. TRACT 4: 11.8 acres with a 5000' two story home, 9 stall horse barn and metal workshop. TRACT 5: 14.1 acres with a small pond and over 1500' of road frontage on Brumelow Road and Ranch Road. TRACT 6: 13.8 acres with nearly 600' of frontage on Ranch Road. TRACT 7: 5.25 acres, heavily treed with frontage on Ranch Road and Coyote Trail. TRACT 8: 10.5 acres, heavily treed with frontage on Ranch Road and Coyote Trail. TRACT 9: 10.3 acres, heavily treed, lots of Walnut Trees, abundant wildlife on Coyote Trail. TRACT 10: 11.4 acres, heavily treed, lots of Walnut Trees, abundant wildlife on Coyote Trail. TRACT 11: 2 bedroom, 2 bath home on 1 acre with detached garage/workshop. LIVE AUCTION: The 11 Tracts will be offered for sale in a live, audible Auction, conducted by a licensed Auctioneer on SATURDAY MORNING, JULY 24TH at 11:00AM CDT. The Auction will be conducted on-site, at 2346 Brumelow Road in Whitesboro. On-site registration will begin at 9:00am on the day of the Auction. The 11 Tracts will sell \"AS IS\". It is the sole responsibility of potential Buyers to inspect and research the properties 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 Non-Refundable 10% Buyer's Premium will be paid the day of the Auction when the Contract is executed by cash, cashier's check or a personal/business check will be accepted if accompanied by a \"Bank Letter of Guarantee\". The balance will be due at Closing, on or before, Friday, September 10, 2021 at 5:00pm CDT. Buyer is responsible to attain his or her own financing prior to closing. ONLINE BIDDING: If you are unable to attend the live auction held at 2346 Brumelow Road...you can participate in real-time online bidding that will be available through PROXIBID beginning at 10:30am CDT on the day of the auction. Pre-registration with PROXIBID is required. 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. Real Estate Agents participating as a Principal to the transaction or are an Immediate Family Member of the Buyer are ineligible for the Agent Incentive. OPENING BIDS: Tracts 4 and 11 will have an Opening Bid of $100,000. Opening Bid for Tracts 1 thru 3 and 5 thru 10 is $5000/Acre for each Tract REAL ESTATE PREVIEW: This property my be viewed by appointment only. Call to schedule an appointment.
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