2650 FM 1201, Gainesville, TX 76240 - Cooke County

AUCTION....SATURDAY, FEBRUARY 11, 2017 AT 11:00AM CST....LIVE AUCTION

RELOCATION AUCTION, SELLING REAL ESTATE, FURNITURE, FURNISHINGS, COLLECTIBLES, EQUIPMENT AND TOOLS.

THIS IS TRACT 2 OF THE 2 TRACTS BEING OFFERED FOR SALE AT AUCTION. Adjoining Tract 1 with Custom Home, Barns and Pool also sells.

Live Auction of TRACT 2 a prime potential residential homesite or ranchette on 11 Acres of coastal with a light mix of trees. SELLING 2 TRACTS for a total of 23 Acres. You can BUY ANY TRACT or BUY THEM BOTH !!!!!

REAL PROPERTY: Coastal grassland with a light mix of trees at the rear of the 11+ Acres

TRACT 1 - 4137 square foot, 3 bedroom, 3.5 bath Custom Home with over sized carport. Home includes several custom amenities, true mexican tile floors, Amish hand huned beams, claw foot tubs, windmill chandelier, mexican church doors and master shower of stacked stone with mexican jail house window. 40' x 60' Custom Barn that matches the Home with open floor plan and wrought iron chandeliers, also turnouts with a loafing shed. Custom in ground pool with pool/party house that has full kitchen, bar and bathroom with a Japanese soaking tub. Morton Horse Barn with 4 stalls with runs, tack room, feed room, storage and full upstairs apartment. Tract 1 is on 11+ acres

TRACT 2 - Coastal pasture with a light mix of tree on the back of the property on 11+ acres.

Just minutes from I-35, Hwy 82, Gainesville, Moss Lake and Winstar Casino. 1 hour to Dallas, Fort Worth and DFW Airport.

LIVE AUCTION: The property will be offered for sale in a live, audible auction, conducted by a licensed Auctioneer on Saturday, February 11, 2017 at 11:00am CST. The auction will be conducted on-site, at 2650 FM 1201 in Gainesville, 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, Monday, March 20, 2017 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 2650 FM 1201...you can participate in real-time online bidding that will be available through PROXIBID beginning at 10:30amm CST 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 February 11.

PREVIEW: The property may be viewed by Appointment Only. Call to schedule a private showing.

Contact Tony Langdon at 214.876.5950 for additional information