Tract 3 of 4

Tract 3 of 4

Description

Tract 3 Description: 378± Acres

A truly unique property with over 600 feet of FM 787 frontage, featuring gated access, miles of established interior roads, electricity, a water well, and more than 100 acres of surface water lakes. Previously permitted as a sand and gravel pit, the tract offers a diverse landscape of timber and open ground and is ideally located adjacent to Artesian Lakes Resort, creating endless recreational, investment, and development possibilities.

Terms of Sale

BUYERS PREMIUM: 5%

TAXES: Prorated to date of close

TENANCY: No tenants

RENTS: No rents

MINERALS: Seller-owned rights will convey

CLOSING COSTS: Seller to provide Title search and title insurance. Common closing costs Split 50/50

CLOSING DATE: On or before 30 days from seller acceptance

DOWN PAYMENT: 10%

POSSESSION DATE: At closing

SURVEY: Seller to pay for 50% of any required survey

SELLER: Romayor Sand Gravel & Materials Partnership Ltd

SALE ORDER: By the acre

SALE METHOD: Sells Subject to seller acceptance

Licensing

Ranch & Farm Auctions, LLC – Joey Bellington, Broker

Whitetail Properties Real Estate, LLC – Joey Bellington, Broker

Cody S. Lowderman, Auctioneer, Lic # 16991

Documents