Auction Information
Online Bidding Site45.6 Acres divided in 3 Tracts - Buffalo TX
LIVE AUCTION!!! - SATURDAY, MAY 30, 2020 AT 11:00AM
Auction will be held, on-site, at 7741 CR 360 in Buffalo, Texas
45.6 ACRES DIVIDED IN 3 TRACTS - BUY ANY TRACT, ANY COMBINATION OF TRACTS OR BUY THE ENTIRE 45.6 ACRES
REAL PROPERTY: 45.6 Acres of fertile, lush pasture land with a small stock pond. Fenced, water and electric available. A former barn and arena has been removed, not current structures on the property. Lots of County Road frontage for each Tract. Enjoy the peace and quiet of country living, just minutes to Interstate 45.
TRACT #1: 12.8 Acres on the curve of CR 360 with over 1500 feet of road frontage
TRACT #2: 15.5 Acres with a half acre stock pond and nearly 750 feet of road frontage
TRACT #3: 17.3 Acres, runs over 1400' deep with nearly 600 feet of road frontage
LIVE AUCTION: The Tracts will be offered for sale in a live, audible Auction, conducted by a licensed Auctio...
LIVE AUCTION: The Tracts will be offered for sale in a live, audible Auction, conducted by a licensed Auctioneer on SATURDAY MORNING, MAY 30 at 11:00AM CDT. The auction will be conducted on-site, at 7741 CR 360 in Buffalo, Texas. On-site registration will begin 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". The balance will be due at Closing, on or before, Friday, July 10, 2020 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 7741 CR 360 in Buffalo, Texas...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.
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: $2500 per 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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