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Key Details
Property Type Vacant Land
Sub Type Unimproved Land
Listing Status Sold
Purchase Type For Sale
Subdivision Na
MLS Listing ID 20593646
Sold Date 11/05/24
HOA Y/N None
Lot Size 54.530 Acres
Acres 54.53
Property Description
THIS PROPERTY IS SELLING IN A LIVE AUCTION WITH AN OPENING BID OF $5000 PER ACRE ON EACH TRACT ON SATURDAY, MAY 4TH AT 11AM. The 54.53 Acre Lakefront property sells in 3 Separate Tracts ranging from 14 to 26 acres. Prospective Buyers have the opportunity to purchase Any Tract, Any Combination of Tracts or Buy the Entire 54.53 Acres. Enjoy the privacy and scenic beauty living on the 64ac City Lake located less then 5 miles from Downtown Bonham. Sells AS IS. There's NO CONTINGENCIES related to Financing, Post Sale Inspections or Appraisals and NO OPTION PERIOD. 10% Buyer's Premium will be added to the High Bid attained in the Live Auction to constitute the Total Contract Price. Buyer's Premium is paid the day of the Auction by Cash or a Personal or Business Check will be accepted when accompanied by a Bank Letter of Guarantee or other Proof of Funds. Remaining Balance is due on Thursday, June 6, 2024 by 5:00pm at Doster Law Group in Denton, by Cash, Financing or a combination of both.
Location
State TX
County Fannin
Zoning Ag Exempt
Direction Use GPS...it will take you directly to the property.
Exterior
Utilities Available None
Garage No
Building
Lot Description Acreage, Cleared, Many Trees, Pasture, Rolling Slope, Waterfront
Schools
Elementary Schools Evans
High Schools Bonham
School District Bonham Isd
Others
Restrictions None
Ownership City Lake Partners LLC
Financing Cash
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Bought with Fang Underhill • JJU Realty, LLC