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Property Type: Commercial Property Status:   Closed
   300 Lawrence, Talco, Texas  75487 Auction ID : 101021   
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Absolute Auction Former High School

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Current Bid: 7,000 USD
Start Bid: 1,000 USD
# Bids: 24 [ view history: ]
Location: 300 Lawrence
Talco, Texas  75487
Time Left: Closed
Start Time: Jan. 31, 2012 11:00:00
End Time : Feb. 14, 2012 11:13:27
Winner(s) 7,000 USD - cmckissick
Description

Online Auction @ www.BIDLAST.Net

Bidding Begins: Tuesday January 31st 11:00 AM

Bidding ENDS: Tuesday February 14th 11:00 AM (Last Minute bids extend auction 10 Min.)

Registration is Online – Click Registration near top of webpage & create an account

by accepting our Terms & Conditions.

10% Buyers Premium (minimum $1,500) will be added to your final bid amount.

Property

Own a piece of Texas History. Built in 1936, this 55,000 SF Former Talco School on 12+ Acres is selling ABSOLUTE….regardless of price. The school facility is a two story brick building in the shape of a T and features an auditorium, Indoor basketball gym, 24 classrooms, and remnants of the cafeteria, library, science lab, and school lockers. Being vacant for over 10 years, vandals have taken much of the HVAC and auditorium chairs, broke windows, and have left fallen insulation and ceiling tiles throughout the property. The building is in need of major repairs and is selling AS/IS WHERE/IS. Also included is the former shop buildings which would be good for storage or as a construction yard. The land is 12+ acres and includes the former football field and concrete bleachers. Let your imagination run wild with possibilities and Take Advantage of Auction Prices. Highly Motivated Seller!! Property is identified as 405 J M NUGENT.

Directions to the property….Heading North on 271 from Talco, Take a right on Lawrence, Property on Left. Viewings by Appointment Only.

For Information or Property Preview

David Coleman

Cell (936) 661-3411

Email david@colemanandpatterson.com

Lic# 13489
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Absolute Auction Former High School
Address Information
Street Address 300 Lawrence
City Talco
State/Province Texas
Zip/Post Code 75487
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Property Information
Purpose of Sale Asset Liquidation

Bedrooms -

Bathrooms -

Heated Square Footage 55728

Lot Size 12 Acres

Year Built 1936

MLS # -

Occupancy Unoccupied

Reoccuring Fees/Dues -

Property Shown By? -

Listing Agent
Name -

Brokerage Firm -

Office Phone -

Cell Phone -

Fax -

Email -

Address -

Auction Basics

Buyer's Responsibilities

  1. 10% BUYERS PREMIUM or $1,500 (Whichever is greater) = Additional fee added to the final bid amount to equal the total contract price.
  2. $2,500 EARNEST MONEY - Deposit to be paid by cashiers check within 24 hours from auction end date.
  3. CLOSE IN 30 DAYS or risk loss of earnest money deposit.
  4. NOT CONTINGENT UPON FINANCING - have financial arrangements made before bidding.
  5. AS-IS/WHERE-IS - buyer assumes full responsibility as to condition and suitability.
  6. ALL PLACED BIDS will be held accountable for 7 business days from auction end date for sellers approval.
  7. DEFAULTING and/or fraudulent bidders are responsible for auction commissions plus collection and/or atty fees and will be reported to authorities.

Buyers Rewards

  1. SELLER PAID TITLE POLICY
  2. NO BACK TAXES
  3. NO LIENS
  4. NO ENCUMBRANCES
  5. HIGHLY MOTIVATED SELLER
  6. AUCTION EXTENDS IF BID PLACED IN FINAL 10 MINUTES

This is only a summary. Please review the "Auction Sales Contract" and the complete "Terms & Conditions" below. Please contact our office with any questions prior to placing bids.

Auction Sales Contract Auction Sales Contract

Terms and Conditions Terms and Conditions
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