Tract 1: 12.92 Acres

AUCTION....DEVELOPMENT CLOSE-OUT OF 73 ACRES IN 6 TRACTS Saturday, August 20 at 11am - 623 Polk Road in Bowie, Texas Divided in 6 Tracts - Buy any Tract, Any Combination or Buy All! Tony Langdon Auction Properties 214.876.5950 tonylangdon.com . REAL PROPERTY: This property has been surveyed into 8 separate Tracts. Initially 2 Tracts were sold prior to the Development Close-Out Auction. The 6 remaining Tracts will be offered For Sale ranging in size from 11 to 13 acres each. Buyers will have the opportunity to purchase any Tract, multiple Tracts, any combination of Tracts or buy the entire 73 acres. The Buyer of each Tract will own a 1/8th Interest in the gravel center driveway. The Development features a mix of lush pasture, mature trees with a few stock ponds and offers several prime homesites with the privacy of country living. Incredible location North of Fort Worth with easy access to Hwy 287 and 81. . LIVE AUCTION: The 6 Tracts will be offered for sale in a live, audible Auction, conducted by a licensed Auctioneer on SATURDAY MORNING, AUGUST 20 at 11:00AM Central Time. The Auction will be conducted on site at the property with registration beginning 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 11% Online Buyer's Premium [10% On-Site BP] will be added to the High Bid attained at Auction to constitute the Total Contract Price. The Non-Refundable 11% 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, Wednesday, October 12, 2022 at 5:00pm Central Time. Buyer is responsible to attain his or her own Financing prior to Closing. . 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 at www.proxibid.com. . 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 BID: $2500/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 or go to http://tonylangdon.com/realestate/upcomingauctions.html . For updated information on Upcoming Auctions you can also follow Tony Langdon on Twitter, Instagram and Linkedin, just click the links below: https://twitter.com/tonylangdon https://www.instagram.com/tonylangdon.auctioneer/ https://www.linkedin.com/in/tony-langdon-832