THIS PROPERTY IS SELLING IN A LIVE AUCTION WITH AN OPENING BID OF $5000 PER ACRE ON EACH TRACT ON SATURDAY, MAY 4TH AT 11AM. The 54.53 Acre Lakefront property sells in 3 Separate Tracts ranging from 14 to 26 acres. Prospective Buyers have the opportunity to purchase Any Tract, Any Combination of Tracts or Buy the Entire 54.53 Acres. Enjoy the privacy and scenic beauty living on the 64ac City Lake located less then 5 miles from Downtown Bonham. Sells AS IS. There's NO CONTINGENCIES related to Financing, Post Sale Inspections or Appraisals and NO OPTION PERIOD. 10% Buyer's Premium will be added to the High Bid attained in the Live Auction to constitute the Total Contract Price. Buyer's Premium is paid the day of the Auction by Cash or a Personal or Business Check will be accepted when accompanied by a Bank Letter of Guarantee or other Proof of Funds. Remaining Balance is due on Thursday, June 6, 2024 by 5:00pm at Doster Law Group in Denton, by Cash, Financing or a combination of both.
Property Type :
Land
Subdivision :
Decordova Bend Estate Ph 1
County :
Fannin
Style :
Land
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ByOwner last updated this listing 05/20/2024 @ 18:33
MLS: 438595992
LISTED BY: Tony Langdon, David Elkins Real Estate
SOURCE: NTREIS - North Texas Real Estate Information
Buyer Agency Compensation: 2%
Buyer Agency Description: The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed and if applicable, to participants of reciprocating MLS's as set forth in Association/MLS reciprocal agreements.
