861 Grainery Road, Waxahachie, TX 75167 - Ellis County

AUCTION...8000' UNFINISHED HOME, EVENT VENUE & DUPLEXES

10+Acres w/8000' Unfinished Home, 2 Duplexes & Event Venue

Saturday, April 6th at 11am - 861 Grainery Rd, Waxahachie TX

Tony Langdon Auction Properties 214.876.5950

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REAL PROPERTY: This very unique property is comprised of an 8000' Custom Home that's ready to be completed, an established Event Venue with living quarters and 2 currently occupied Duplexes on 10+ Acres. It's located just west of I-35 in Waxahachie. Finish the construction of the custom home and enjoy the privacy of country living as a primary residence, utilize it as an Airbnb or a weekend getaway with plenty of room for family and friends. The Event Venue is well established in the area as a built-in business and the Duplexes are currently income producing. Shopping, dining, recreation, and entertainment is nearby in Waxahachie with easy access to Dallas, Fort Worth, DFW Airport and Love Field.

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LIVE AUCTION: The 10.96ac property will be offered For Sale in a Live, Audible Auction, conducted by a Licensed Auctioneer on SATURDAY, APRIL 6TH AT 11AM CST. The Auction will be conducted on site at the property with Registration beginning at 9:00am on the day of the Auction. The property will sell "AS IS". It is the sole responsibility of potential Buyers to inspect and research the properties prior to the Auction.

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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" or other "Proof of Funds". The Balance will be due at Closing, on or before, Thursday, May 9, 2024 at 5:00pm Central Time. Buyer is responsible to attain his or her own Financing prior to Closing.

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ONLINE BIDDING: If you are unable to attend the Live Auction on-site... you can participate in Real-Time Online Bidding that will be available through PROXIBID beginning at 10:30am on the day of the Auction. Pre-registration with PROXIBID is required. 11% Buyer's Premium will apply if bidding online with Proxibid.

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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.

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OPENING BID: $300,000

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REAL ESTATE PREVIEW: This property may be viewed by appointment only. Call to schedule an appointment. Contact Tony Langdon at 214.876.5950 for additional information

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For updated information on Upcoming Auctions you can also follow Tony Langdon on Twitter, Instagram & LinkedinventVenue #eventcenter #quinceanera #texasrealestate #newconstruction #newhomeconstruction #unfinishedprojects