Over 10 Acres of foreclosed Austin real estate available at Auction!!! 11100 & 11101 Zimmerman Lane are adjoining 5.0496 acre tracts located in North West Austin near Concordia University. This is an excellent opportunity to purchase quality Austin real estate at auction prices. The tracts are located at the end of the cul-de-sac and are described as follows.

11100 Zimmerman Lane, Austin, TX 78726 – Tract 1 John E Linn Survey # 804

11101 Zimmerman Lane, Austin, TX 78726 – Tract 1 John E Linn Survey # 804

The tracts will be sold via the Choice Auction Method. This means the 2 tracts will be available individually or combined to the winning bidder.

How it Works?

Bids shall be made as though “Only 1” 5.0946 acre tract is available. The winning bidder must then select one of the following choices….

· Choose tract of preference (Price = High Bid + Buyers Premium)

· Select Both (Price = 2 x High Bid + Buyers Premium)

EXAMPLE: John Doe is the winning bidder @ $150,000 and chooses to purchase both tracts. John will pay $150,000 x 2 = $300,000 + 10% Buyers Premium for a total contract price of $330,000.

If only one lot is selected by the winning bidder, the remaining tract will be re-offered under the same terms and conditions.

Call or email Tom @ 979-571-2125 or tom@colemanandpatterson.com with questions.

Thanks and good luck with your bidding.