UpcomingEscondida Resort Near Kerrville In The Heart Of Texas Hill Country - 122.83 Acres
122.83 Acres / Kerr County, TXLive Bid at Auction Network
Auction Location:23670 State HIghway 16 North, Medina, TX 78055
Located just 15 miles southwest of Kerrville, The Escondida Resort is tucked away in a private, yet easily accessible setting with stunning amenities, live-water valleys, and hilltop views as far as the eye can see in the heart of the Texas Hill Country. The property was appropriately named “Escondida,” the Spanish word for “secret” or “hidden,” due to the storied past held by the property and its near hidden location in the protected valley. The moment you cross the exquisite gated entrance, you have entered one of the most peaceful, park-like backdrops you can script up, with a driveway winding through the secluded valley following the live water creek leading to the resort lodging. The property is complemented with first-class amenities featuring a resort-style hacienda with 11 bedrooms, two additional guest homes, and a nicely appointed 1,700 sq. ft. building currently hosting the spa facility. Whether someone is looking for a special private family retreat in this highly desirable area of the Texas Hill Country, a hunting and recreational retreat for outfitters or corporations, to operate the property as a resort & spa or as an event venue, this property offers abundant highlights and amenities that demands the serious attention of any buyer.
Bidders may participate in the auction on site or online at AuctionNetwork.com
On site bidders should bring a government issued ID
All properties and or any improvements thereon are sold “AS IS, WHERE IS” with no financing, inspection or other contingencies to sale. Final acreage totals are contingent on a survey
This sale is subject to a 5% buyer’s premium
Announcements on the day of the sale shall take precedence over any prior advertisements
Each high bidder will sign a contract and must make a non-refundable deposit of 10% of the total purchase price ($5,000 minimum) immediately following auction - cash, cashier’s checks, personal checks and business checks (electronically processed) are accepted - the balance of the purchase price and all closing costs are due at closing within 30 days
The property is sold free and clear of all taxes and installments of assessments for prior years but taxes and installments of assessments for the current year on the basis of the actual assessment shall be apportioned as of the scheduled date for the closing of title
All information provided is derived from sources believed correct but is not guaranteed or warranted - Bidders shall rely entirely on their own information and judgment
Possession at closing, subject to tenant’s rights, if any
Open House Sunday, June 2nd, 1-4pm, 23670 Highway 16 North, Medina, TX 78055
Located in a highly desirable area in the Texas Hill Country just 15 miles southwest of Kerrville
Operated as a full-time luxury boutique hotel and spa since 2006.
Acreage is high fenced and reported to be home to some native whitetail deer and wild Mouflon sheep
Currently enrolled in the Texas Eco Lab program for future tax reduction
Many natural springs on property that flow into the main creek in the middle of the property
Custom automatic gated entrance off of State Highway 16 N
Main resort lodge features approx. 8,500 sq. ft. living space with 11 bedrooms and baths, multiple living areas, kitchen, and dining
Spa facility includes a workout room, reception areas, multiple massage rooms, outdoor pool and hot tub, and covered pavilion an outdoor fireplace
Two additional guest homes on property as well as hilltop cabin
- Small Game
- Pond (0-3 acres)
- Road Frontage
- High Fence
- Guest Quarters
- Trail Network
- Swimming Pool
- Internal Road System
- Wells / Pumps
- Gated Entrance
- Recreational Improvements
Activities on Property
- ATV Riding
- Horseback Riding
- Family Activities
Real Estate Auction Terms and Conditions
- Terms Of Sale
Thank you for participating in this auction. Please familiarize yourself with the terms and conditions as all sales are final and irrevocable. The terms of sale are non-negotiable. Good luck and good bidding!
Registration at the auction (online and/or in person) finalizes each bidder's agreement to the terms and conditions of sale as stated in the Contract and its Addenda which are incorporated by reference into your bidding. Do not bid until you have read the terms and conditions. By bidding you are representing that you have read and agree to be bound by the terms and conditions for this sale as stated herein. DO NOT BID unless you have registered, received a Bidder's Card and Auction Day Notes, and have read and agreed to be bound by the terms of sale in the Contract as they are enforceable against you upon becoming a high bidder.
All properties are sold "AS IS, WHERE IS" with no financing, inspection or other contingencies to sale. We do not inspect properties on bidder's behalf. Read the Contract and Auction Day Notes to determine the existence of any disclosures, exclusions, representations and disclaimers. Do not bid if you have not inspected the property(s). By bidding you agree to all disclosures.
Buyers receive a deed and Title Insurance Policy as provided by the Closer indicated in the Contract (any mobile/manufactured housing not legally affixed to the property shall only be conveyed by a Hold Harmless Agreement or Quit Claim Bill of Sale unless otherwise noted in the Disclosures). Current year's taxes are pro-rated through day of closing as is customary.
The sale of this property may be subject to a Buyer's Premium, which will be added to the high bid and included in the total purchase price. Please see the Auction Day Notes, The Contract for Sale, and/or the Auctioneer for specifics about the property you wish to bid on.
Each high bidder must make a 10% ($5,000 minimum) non-refundable deposit immediately following auction. Cash, cashier's checks, personal checks and business checks (electronically processed) are accepted. The balance of the purchase price and all closing costs are due within 30 days.
Bidding starts at the nominal Opening Bid(s) indicated and is open to the public. The Auctioneer reserves the right to group, add to, delete, withdraw, consolidate or break down lots and/or quantities offered, to sell out of scheduled sequence, to reject any bid which is only a fraction advance over the preceding bid, to regulate bidding, to accept or reject any or all bids, and to cancel or re-schedule an auction. The Auctioneer will call the sale and control any increments of bidding. To make a bid, raise your hand or Bid Card to be recognized. The bidding happens quickly. Absentee bids may be accepted at the discretion of the Auctioneer. The Auctioneer reserves the right to enter bids on behalf of absentee bidders. Any mistakes during bidding as to who has the high bid and/or at what price may be called to the Auctioneer's attention and corrected. The Auctioneer is the sole arbiter and controller of the conduct of the auction and shall be the final and absolute authority without liability to any party.
Your inspection of the property(ies) and attendance at this auction are at your own risk. Broker and Seller, their agents and employees, expressly disclaim any "invitee" relationship and shall not be liable to any person for damage to their person or property while in, on or about these properties, nor shall they be liable for any defects, dangers or conditions on the property(ies). All persons enter the property(ies) and attend the auction at their own risk and shall defend, indemnify, and save harmless Broker and Seller, their agents and employees, from any and all liability attendant thereto.
All auctions are subject to court or seller approval. Most sales are approved within 10 business days. Buyers are not allowed possession until Closing and filing of the deed, at which time the property should be re-keyed. If for any reason the court or Seller approval is not granted, the Down Payment shall be returned in its entirety to the high bidder. "Showing" requests from Buyers after the auction may not be able to be accommodated.
If more than one property is being auctioned, the Auctioneer may choose to offer a group of the properties for auction at the same time. This is called "BUYER'S CHOICE" and is to accommodate buyers who have an interest in more than one property and/or have 2nd and 3rd choices if they are out bid for a favorite property. Upon winning the bid, please choose which property, or properties, you want. You pay the high bid price for each property selected. Each sale is final and stands alone. Remaining properties are then offered in another round of bidding. Anyone may bid at any time, including prior High Bidders.
Ranch & Farms Auctions, LLC and the Seller expressly disclaim any liability for errors, omissions or changes regarding any information provided for these sales. Please read the Contract and Auction Day Notes for a full and complete understanding of any and all disclaimers. Bidders are strongly urged to rely solely upon their own inspections and opinions in preparing to purchase property and are expressly advised to not rely on any representations made by the Seller or their agents and employees. Property information may change without notice and potential purchasers should investigate all data fully before relying upon it.
Auction Network - TERMS & CONDITIONS OF SERVICE
- Broker Participation
Buyers Agents who register a winning bidder at this auction may receive a Buyer Broker Participation Fee. Please call for more details.
Greg Lutz, Managing Director, Williams & Williams, 785.286.2518
Joe Gizdic, Managing Director, Whitetail Properties Real Estate, LLC, 217.299.0332
- Auction Type
Property being offered by Ranch & Farm Auctions in cooperation with Williams & Williams World Wide Real Estate, LLC and Whitetail Properties Real Estate, LLC
Jeffrey Michael Ashby, TX Broker for Williams & Williams World Wide Real Estate, LLC, TX Lic 550021
Joseph Bellington, TX Broker for Whitetail Properties Real Estate, LLC, TX Lic 900140 and 584527
Greg Lutz, CEO, Ranch & Farm Auctions, 785.286.2518
Joe Gizdic, President, Ranch & Farm Auctions, 217.299.0332
Joey Bellington, Land Specialist, Whitetail Properties Real Estate, LLC, 979.204.6311
Blake Farrar, Land Specialist, Whitetail Properties Real Estate, LLC, 903.530.5804
- Disclosures, Title Commitment And Other Documents
Click Here to view disclosures, title commitment and other documents on Williams & Williams