Auction Information
Online Bidding Site39ac Equine Training Facility in the Heart of Horse Country
LIVE AUCTION!!! - SATURDAY, AUGUST 15, 2020 AT 11:00AM
Auction will be held, on-site, at 599 FM 3028 Millsap, Texas
38.95 ACRES DIVIDED IN 3 TRACTS - BUY ANY TRACT, ANY COMBINATION OF TRACTS OR BUY THE ENTIRE 38.95 ACRES
REAL PROPERTY: Turnkey 38.95ac Equine Training Facility. Adaptable for most all Disciplines. The property features 4 Arenas; 135' x 270' Outdoor Pipe Arena, 120' Round Arena, 95' x 120' Indoor Arena with 10 Stalls, 95' x 95' Round Arena, Breaking Pen, 6 Stall Show Barn, 10 Stall Stud Barn, 7 Stall Mare Barn with 2 Foaling Stalls, 2 Tack Rooms, Wash Rack, Breeding Stock, Restroom, Laundry Room, 4 stock Tanks, 7 Turn Out Pastures with Loafing Sheds and over 25 acres of Fertile Pasture. The 3 Bedroom, 2 Bath Brick Home has been recently updated with new kitchen appliances, lighting, granite counters, new carpet and updated bathrooms. For Ranchhands or Guests there's a Stu...
REAL PROPERTY: Turnkey 38.95ac Equine Training Facility. Adaptable for most all Disciplines. The property features 4 Arenas; 135' x 270' Outdoor Pipe Arena, 120' Round Arena, 95' x 120' Indoor Arena with 10 Stalls, 95' x 95' Round Arena, Breaking Pen, 6 Stall Show Barn, 10 Stall Stud Barn, 7 Stall Mare Barn with 2 Foaling Stalls, 2 Tack Rooms, Wash Rack, Breeding Stock, Restroom, Laundry Room, 4 stock Tanks, 7 Turn Out Pastures with Loafing Sheds and over 25 acres of Fertile Pasture. The 3 Bedroom, 2 Bath Brick Home has been recently updated with new kitchen appliances, lighting, granite counters, new carpet and updated bathrooms. For Ranchhands or Guests there's a Studio Bunkhouse with a Full Bath, a Single Wide Mobile Home and RV Hookups. There's approximately 1455' of road frontage on FM 3028. Enjoy the peace and quiet of country living, just minutes to to I-20, Weatherford and only 45 miles to Fort Worth and Will Rogers Coliseum.
TRACT #1: 15.40 Acres with the Home, Auxiliary Housing, Arenas, and over 400' of road frontage
TRACT #2: 5.45 Acres with a small stock pond, loafing shed and nearly 550 feet of road frontage
TRACT #3: 18.20 Acres of pasture with nearly 500' of road frontage, 2 loafing sheds and 2 stock ponds.
LIVE AUCTION: The Tracts will be offered for sale in a live, audible Auction, conducted by a licensed Auctioneer on SATURDAY MORNING, AUGUST 15 at 11:00AM CDT. The auction will be conducted on-site, at the Neel Ranch, 599 FM 3028 in Millsap, 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, October 2, 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 the Neel Ranch, 599 FM 3028 in Millsap, 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: Tract #1 is $100,000 and Tracts #2 & #3 are $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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