10531 Cole Road , Pilot Point, TX 76258(Denton County)

REAL PROPERTY: Executive Ranchette on 23 pristine acres in the "Heart of Horse Country". 2513' Custom 5 Bedroom, 3.5 Bath, 2 car garage Home with outdoor entertainment area featuring a salt water pool and spa built in 2012. Matching Custom 6 Stall Barn with memory foam floors, 14' overhead doors, individual runs, tack room, office, wash rack, fly system and loft. Several turnouts with loafing sheds, stock pond, gated entry, pipe with no-climb wire fencing and concrete driveways. 130' x 275' Arena with roping boxes and half-mile Exercise Track. Enjoy the privacy of country living with shopping, dining, recreation and entertainment nearby. Just minutes to Lake Ray Roberts, Denton, Frisco and less than one hour to Dallas, Fort Worth and DFW Airport. Easy access to Hwy 377, Hwy 380 and FM 2931.

LIVE AUCTION: The 23ac Ranchette will be offered For Sale in a Live, Audible Auction, conducted by a Licensed Auctioneer on SATURDAY MORNING, APRIL 22ND at 11:00AM CDT. The Auction will be conducted on site at the property with Registration beginning at 9:00am on the day of the Auction. The 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" or other "Proof of Funds". The Balance will be due at Closing, on or before, Thursday, June 8, 2023 at 5:00pm Central Time. 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 begin at 12:00 Noon. Personal Property will sell "AS IS" and can be viewed beginning at 9am the day of the Auction, NOT BEFORE THE AUCTION...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 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.

ONLINE BIDDING: If you are unable to attend the Live Auction on-site... you can participate in Real-Time Online Bidding that will be available through PROXIBID beginning at 10:30am on the day of the Auction. Pre-registration with PROXIBID is required. 11% Buyer's Premium for online bidding. ONLINE BIDDING IS 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 BID: Tract 1 has an Opening Bid of $500,000 and Tract 2 will start at $10,000/acre

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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