E FM 922 , Tioga, TX 76271(Grayson County)

Tract 1: 25.10 acres with 2,396' custom brick home, 1596' manager's home, 125'x250' covered arena, 10 stall show barn with offices, 16 stall show barn, 12 stall barn with hay storage, 8 stall barn with lab, stocks and office, 2 mare motels (40 stalls), covered round pen, carport, 2 studio apartments, panel walker and walker, water well, grain silos, fenced and cross fenced, sandy loam soil, turnouts, loafing sheds, ponds and current ag exemption

Tract 2: 15.10 acres with 3230'custom home with pool, 2560' bunk house, 21 stall barn with office, tack room and wash racks, single wide mobile home, trailer/rv hook up, fenced and cross fenced, turnouts, sandy loam soil, current ag exemption and abuts the Corp of Engineers property of Lake Ray Roberts

Tract 3: 12.65 acres with fenced coastal pasture with a mix of mature oak trees, sandy loam soil, current ag exemption, abuts the Corp of Engineers property of Lake Ray Roberts

Tract 4: 14.27 acres of coastal pasture, fenced and cross fenced, loafing sheds, sandy loam soil, current ag exemption

REAL PROPERTY: Tim and Colleen McQuay's McQuay Stables, Inc. is a state-of-the-art training, sales and breeding facility located in the "Heart of Horse Country". 67.62 manicured acres, the equestrian facility offers all the amenities needed for a successful equestrian business: 8 barns with 107 stalls, 125' x 250' covered arena,150' x 360' outdoor arena, covered round pen, walkers, breeding lab, mare motels, two main residences & several staff quarters. McQuay Stables is rich with history and tradition. Property offers Ag Exemption and abuts the Corp of Engineers property of Lake Ray Roberts. Located just minutes from the desirable city of Tioga. With optimal frontage on FM 922 this property is perfect for your equestrian business.

LIVE AUCTION: The real and personal property will be offered for sale in a live, audible auction, conducted by a licensed Auctioneer on Saturday, November 3, 2018 at 11:00am CST. The auction will be conducted on-site, at 15135 FM 922 in Tioga, Texas. On-site registration will begin at 8:00am on the day of the auction. The real and personal 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, December 7, 2018 at 5:00pm CDT. Buyer is responsible to attain his or her own financing prior to closing.

PERSONAL PROPERTY: Selling farm and ranch equipment, home and office furniture, furnishings, art, bridles, saddles and other tack. 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 8am 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.

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 for the Personal Property) Personal Property Auction WILL NOT begin before 12:00 Noon

ONLINE BIDDING FOR REAL ESTATE ONLY: If you are unable to attend the live auction held at 15135 FM 922...you can participate in real-time online bidding that will be available through PROXIBID beginning at 10:30amm CDT on the day of the auction. Pre-registration with PROXIBID is required. Go to PROXIBID or call for details

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 November 3rd.

OPENING BIDS: Will be $500,000 on Tract 1, $100,000 on Tract 2 and $5000/acre on Tracts 3 & 4

REAL ESTATE PREVIEW: Real Estate my be viewed by appointment only. Call to schedule an appointment.

PERSONAL PROPERTY PHOTOS: They will be listed in a separate ad on Facebook starting on October 5th

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.