LIVE AUCTION....REAL ESTATE AND PERSONAL PROPERTY
5.45 Acre Ranchette - 10344 Friendship Road in Pilot Point, Texas
Sells at Auction divided in 2 Tracts - Buy Either Tract or Buy Both
REAL PROPERTY: This is a very unique property that has been operating as a successful equine hydrotherapy facility. It's a Horseman/Hobbyist/Veterinarian/Trainer's dream. The Home and all the Facilities are immaculate. This 5.45 acre Ranchette will be offered For Sale at Auction divided in 2 separate Tracts. The property features a 2660' 4 Bedroom, 2.5 Bath, 2 Car Garage Home along with a Private Guest/Ranchhand Apartment with attached Kennel, 7 Stall Barn with Office and Equine Hydrotherapy Pool including an Equipment Shed, 9 Stall Show Barn with Tack Room and Wash Rack, 100' x 200' Covered Arena with Kaiser Footing, Wind Screens and Big Fans, also a 70' x 70' Covered Arena. The property has a beautiful, ...
REAL PROPERTY: This is a very unique property that has been operating as a successful equine hydrotherapy facility. It's a Horseman/Hobbyist/Veterinarian/Trainer's dream. The Home and all the Facilities are immaculate. This 5.45 acre Ranchette will be offered For Sale at Auction divided in 2 separate Tracts. The property features a 2660' 4 Bedroom, 2.5 Bath, 2 Car Garage Home along with a Private Guest/Ranchhand Apartment with attached Kennel, 7 Stall Barn with Office and Equine Hydrotherapy Pool including an Equipment Shed, 9 Stall Show Barn with Tack Room and Wash Rack, 100' x 200' Covered Arena with Kaiser Footing, Wind Screens and Big Fans, also a 70' x 70' Covered Arena. The property has a beautiful, landscaped gated entry, turnouts with loafing shed and the entire perimeter fenced with white vinyl. Tremendous Curb Appeal!!! This property can continue as an established equine therapy facility, is move-in ready for a Veterinarian and could easily be converted to accommodate a horse trainer or simply enjoyed as a hobbyist. Enjoy the peace and quiet of living in the country with all the creature comforts just minutes away. Easy access to I-35 and less than 30 minutes Denton & Frisco, less than one hour to Dallas, Fort Worth, DFW & Love Field Airports, Lone Star Park or north to the Oklahoma line and Winstar Casino.
TRACT #1: 2.55 acres featuring a 2660' 4 Bedroom Home with 2 car garage, Apartment with Kennel and 70' x 70' Arena
TRACT #2: 2.90 acres with Therapy Barn with Pool Barn expansion and Equipment Shed, 7 Stall Show Barn & 100' x 200' Arena
LIVE AUCTION: The 2 Tracts will be offered for sale in a live, audible Auction, conducted by a licensed Auctioneer on SATURDAY MORNING, FEBRUARY 27TH at 11:00AM CST. The auction will be conducted on-site, at 10344 Friendship Road in Pilot Point, Texas. On-site registration will begin at 9:00am on the day of the Auction. The 2 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, April 16, 2021 at 5:00pm CST. Buyer is responsible to attain his or her own financing prior to closing.
PERSONAL PROPERTY: Personal Property will sell in a LIVE AUCTION that will not begin before 12:00 Noon or until the Sale of the Real Estate has concluded. Personal Property can be viewed beginning at 9am the day of the Auction, not before that date...NO EXCEPTIONS. The Personal Property WILL NOT be pre-priced or offered for sale prior to the day of the Auction. Online Bidding WILL NOT be available for the sale of the Personal Property
PERSONAL PROPERTY TERMS: All purchases must be PAID IN FULL on the day of the Auction. Cash, Cashier's Check or Money Order accepted. Personal or Business Checks are ONLY accepted when accompanied by a "Bank Letter of Guarantee", NO exceptions. NO CREDIT OR DEBIT CARDS!!! 10% Buyer's Premium will apply. (Separate Terms and Conditions apply for the Real Estate) Personal Property Auction WILL NOT begin before 12:00 Noon and is Subject to the Successful Sale of the Real Estate.
ONLINE BIDDING: If you are unable to attend the live auction held at the 10344 Friendship 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. ONLINE BIDDING WILL BE AVAILABLE FOR THE REAL ESTATE ONLY
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 #1 and #2 will have Opening Bids of $100,000.
REAL ESTATE PREVIEW: This property my be viewed by appointment only. Call to schedule an appointment.
Contact Tony Langdon at 214.876.5950 for additional information.
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