Bank Ordered Land Auction
January 25th - Selling On-Site
Auction Begins at 11 AM
Registration Opens 9 AM
Property and Sale at... Old Lake Rd, Hemphill, TX 75948.
Preview Jan 18th 10 Am - 2 PM
Enjoy some great recreation and family time on this 932+/- wooded acres of rolling terrain and over 4,000 ft. of shoreline on the Texas side of Lake Toledo Bend. Excellent interior roads throughout will get you to great hunting spots, gorgeous hilltop views, or down to the lake for some of the best fishing you will find. In addition to the timber, the property features a variety of native trees including long leaf pine, red oaks, and many large magnolias.
This bank owned property is a must see and will be offered in a variety of tract sizes that should offer something for everyone. Tract sizes starting at 12 acres, 20 acres and more of waterfront, or get a couple hundred acres of timberland or hunting land, or buy the whole property if you want. Many of the tracts will have electrical power either on or very close to the property lines, as the previous owner put in place much of the necessary infrastructure for an elite lakeside development.
Earnest Money, Registration, & Buyers Premium: Proof of $20,000 cashiers’ check for earnest money payment is required at registration and will be collected immediately upon being declared the successful bidder. A 5% Buyers Premium will be added to the successful bid price to determine the total contract price.
For Auction Information or Pre-Auction Offers
Auctioneer David Coleman, CAI at (936) 661-3411 or firstname.lastname@example.org
Texas Auctioneers License #13489