11d 16h Left
52 Ac +/- Tillable & Pasture{"message":"In _app.tsx child of Layout","renderCount":1}
Tract 5: 119 Acres with 50/50 mix of pasture and trees
Lot Closed
Auction by Tony Langdon Auction Properties(1)
This item is in Gainesville, TX
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Item Details
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:
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Payment
Please contact the auction company for payment instructions.
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Auction Details
Auction of (former) Wolf Creek Ranch - 1004 Acres457 CR 295, Gainesville, TX, 76240Saturday, Feb 16, 2019 | 11:00 AM CST
Auction House
Terms Of Sale
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 5, 2019 at 5:00pm CST. Buyer is responsible to attain his or her own financing prior to closing.