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Tract 5: 119 Acres with 50/50 mix of pasture and trees

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  Lot #5  (Sale Order: 5 of 11)  
Sold for: $3,800.00 to onsite
$3,800.00 x 119 = $452,200.00 Total
"Tax, Shipping & Handling and Internet Premium not
included. See Auction Information for full details."

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Description Terms of Sale
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LIVE AUCTION...SATURDAY, FEBRUARY 16, 2019 AT 11:00AM CST Auction will be held at the ranch at 457 CR 295 in Gainesville, Texas Formerally known as WOLF CREEK RANCH - 1004 Acre Ranch divided in 11 Tracts, Buy Any Tract, Any Combination of Tract or Buy the Entire 1004 Acre Ranch. REAL PROPERTY: Selling the 1004 acre Ranch on sandy loam soil, divided in 11 separate Tracts. Just minutes to I-35, Hwy 377, FM 902, less than half an hour to Denton, Gainesville, Windstar Casino and one hour to Dallas, Fort Worth and DFW Airport. TRACT 1: 155.5 Acres with a 3 bedroom, 2.5 bath home, 2 car garage, wrap-a-round porch, all metal barns, cattle pens, kennel and 2 stock ponds TRACT 2: 16.8 Acres TRACT 3: 25.5 Acres TRACT 4: 73 Acres TRACT 5: 119 Acres TRACT 6: 26.4 Acres TRACT 7: 151 Acres TRACT 8: 162 Acres TRACT 9: 123 Acres TRACT 10: 115 Acres TRACT 11: 36.7 Acres LIVE AUCTION: The real property will be offered for sale in a live, audible auction, conducted by a licensed Auctioneer on Saturday, February 16, 2019 at 11:00am CST. The auction will be conducted on-site, at the ranch located 457 CR 295 in Gainesville, 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, March 29, 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 457 CR 295...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 www.proxibid.com 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 February 16th. OPENING BIDS: Tract 1 will have an opening bid of $500,000 for the homes and barn on 155.5 acres and Tracts 2 through 11 will have opening bids 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 or go to http://tonylangdon.com/realestate/upcomingauctions.html For updated information on Upcoming Auctions you can also follow Tony Langdon on Twitter, Instagram and Linkedin, just click the links below: https://twitter.com/tonylangdon https://www.instagram.com/tonylangdon.auctioneer/ https://www.linkedin.com/in/tony-langdon-83254776/

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This item is part of Auction of (former) Wolf Creek Ranch - 1004 Acres
 Saturday, Feb 16, 2019 | 11:00 AM  Central
 

Tract 5: 119 Acres with 50/50 mix of pasture and trees
Tract 5: 119 Acres with 50/50 mix of pasture and trees
Lot number: 5
Seller: Tony Langdon Auction Properties
Event: Auction of (former) Wolf Creek Ranch - 1004 Acres
Ends: Saturday, February 16 | 11:00 AM  Central

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