Auction Information
Online Bidding Site31 Acre Ranch with 2 Homes in the "Heart of Horse Country"
LIVE AUCTION...SATURDAY, MAY 18, 2019 AT 11:00AM CST
Auction will be held at the ranch at 2389 E. Blackjack Road in Pilot Point, Texas
31 Acre Ranch divided in 5 Tracts, Buy Any Tract, Any Combination of Tracts or Buy the Entire 31 Acre Ranch.
REAL PROPERTY: Selling the 31 acre Ranch on sandy loam soil, divided in 5 separate Tracts. Located just minutes East of I-35 and Denton or West of the North Dallas Tollway and less than one hour to Dallas, Fort Worth and DFW Airport. Mustang Water Supply, Aubrey Independent School District.
TRACT 1: 9.7 Acres features a Custom Insulated Show Barn, 27 stalls with automatic waterers, large office/reception area with wet bar, oversized tack room, wash racks, tankless water heater, stock and kitchen/laundry room. Also an 80' x 175' covered arena with wind screens, large equipment building with ranchhand living quarters and extra storage, 6 horse walk...
TRACT 1: 9.7 Acres features a Custom Insulated Show Barn, 27 stalls with automatic waterers, large office/reception area with wet bar, oversized tack room, wash racks, tankless water heater, stock and kitchen/laundry room. Also an 80' x 175' covered arena with wind screens, large equipment building with ranchhand living quarters and extra storage, 6 horse walker, tie stalls, turnouts with loafing sheds and all pipe fencing. Road Frontage on FM 2931.
TRACT 2: 7.5 Acres features a 3300' Brick Home with 3 bedrooms, 2 full baths, 2 half baths, 2 car garage, dry sauna in master, dual zone a/c and tankless water heater. Also a metal double door workshop, metal equipment building, MD 7 stall barn with wash rack and tack room, 2 bedroom modular home and ample pasture with pipe fencing on Blackjack Road.
TRACT 3: 3.0 Acres features a 1700' white brick home, 2 bedrooms, 2 baths, 2 car garage with study nestled among mature oaks and elms.
TRACT 4: 6.5 Acres of Prime Property on the corner of Blackjack Road and FM 2931. Excellent home site.
TRACT 5: 4.1 Acres, great home site, all pipe fencing with Blackjack Road frontage.
LIVE AUCTION: The real property will be offered for sale in a live, audible auction, conducted by a licensed Auctioneer on Saturday, May 18, 2019 at 11:00am CST. The auction will be conducted on-site, at the ranch located 2389 E. Blackjack Road in Pilot Point, 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, Tuesday, July 9, 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 2389 E. Blackjack Road...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 May 18th.
OPENING BIDS: Tracts 1, 2 and 3 will have an opening bids of $100,000 and Tracts 4 and 5 will have opening bids of $5000/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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