801/809 FM 2738 , Alvarado, TX 76009(Johnson County)

REAL PROPERTY: 4100' custom two story brick/stone home, 3 bedroom, 3 bath home with beautifully landscaped, 2 car garage,pool, covered outdoor kitchen, gated. Beside the home is a 1200' 2 bedroom guest quarters with a 2000'workshop that's heated and cooled and includes 3 overhead roll-up doors, ample parking for motorhomes, boats, etc. Several fruit trees and a small grape vineyard. Sprinkler system, front and back of house and an aerobic septic system with one water well, Mountain Peak Water Supply available. Three out buildings for equipment, etc. Also selling separately is an adjoining 4800' building with full commercial kitchen including a wood fired pizza oven, 7 offices and/or bedroooms and 4 bathrooms, large patio and small pond on 1 acre. 2 septic systems and Mountain Peak Co-Op Water Supply.

FEATURES: Casual country living just minutes east of Interstate 35W and less than one hour to downtown Dallas, Fort Worth and DFW International Airport.

LIVE AUCTION: The property will be offered for sale in a live, audible auction, conducted by a licensed Auctioneer on Thursday, January 14, 2016 at 4:00pm CDT. The auction will be conducted on-site, at 809 FM 2738, Alvarado, Texas. On-site registration will begin at 2:00pm 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.

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, Monday, February 29, 2016 at 5:00pm CDT. Buyer is responsible to attain his or her own financing prior to closing.

ONLINE BIDDING: If you are unable to attend the live auction held at 809 FM 2738 in Alvarado...you can participate in real-time online bidding that will be available through the PROXIBID beginning at 3:30pm CDT on the day of the auction. Pre-registration with PROXIBID is required. Go to their website or call Tony Langdon for details

REAL ESTATE 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 that will be paid on the day of Closing.

Opening Bid for LOT 1 is $100,000 and for LOT 2 is $50,000

PRIVATE SHOWINGS ARE AVAILABLE PRIOR TO THE AUCTION. CALL TO SCHEDULE AN APPOINTMENT.

CALL FOR ADDITIONAL INFORMATION AND DETAILS. CONTACT TONY LANGDON 214/876-5950