1412 Cougar Road , Lipan, TX 76462(Parker County)

REAL PROPERTY: Gorgeous Mediterranean style home with limestone exterior and standing seam metal roof. The home features 4 living areas, a wet bar, gourmet kitchen, media room, office, and a private master wing. Second downstairs living area and upstairs living area features solid glass windows overlooking private 5 acre lake and fireplace. Third downstairs living area features private bar with ice maker, fireplace, solid rock walls, and great lake views. Huge kitchen with Viking appliances, granite counter-tops, and a double oven. The master suite features a large offset sitting area, fireplace, and master bath with walk-in shower, separate sinks, jetted tub, and huge walk in closet. Barn Master with 5 stalls and 3 runs, 6 separate traps with 4 Barn Master loafing sheds, 125' x 160' outdoor arena, 42' x 70' all steel equipment barn. Gated entry, beautiful tree lined driveway, and extensive pipe fencing throughout property. 2 water wells, and improved coastal pastures.

FEATURES: Located in the heart of Cutting Horse Country, just minutes south of Interstate 20 and one hour west of Fort Worth. Property is in the Brock Independent School District.

LIVE AUCTION: The property will be offered for sale in a live, audible auction, conducted by a licensed Auctioneer on Friday, December 11, 2015 at 11:00am CST. The auction will be conducted on-site, at 1412 Cougar Road, Lipan, Texas. On-site registration will begin at 9:00am 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, Friday, January 22, 2015 at 5:00pm CST. 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 1412 Cougar Road...you can participate in real-time online bidding that will be available through the PROXIBID beginning at 10:30am CST on the day of the auction. Pre-registration with the PROXIBID is required. Go to the website of PROXIBID or call 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 is $250,000 for Tract 2 and $2500/Acre for Tracts 1, 3 and 4.

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