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David White Ranch Real Estate Auction

Erath County, Texas
11-11-2022 6:30 PM

David White Ranch Real Estate

Auction Location

LOCATION FOR ALL SALES: 7435 CR 265, Dublin, TX Real Estate auction will take place in the home.

Date: 11-11-2022
Bidding Starts: 6:30 PM

Buyer's Premium: 10%

7435 CR 265
Dublin, TX 79446
Bidding Onsite

Directions to Farm

From SH6 and FM 914, Go South 4.2 miles to CR 265, Turn East on CR 265 and proceed 1.2 Miles to Auction Site. Auction Signs Will Be Posted

Auction Details

314+/- Acres will be offered in 3 tracts. Bidders may bid on any single tract, a combination of tracts or the entire offering.

 

Property Details

314+/- Acres will be offered in 3 tracts. Bidders may bid on any single tract, a combination of tracts or the entire offering.

Tract 1: 40.31+/- Acres with a gorgeous 4/3 home, 60’x40’ barn with concrete floor and 60’x30’ overhangs on each side as well as a 40’x20’ approach.

Tract 2: 140.49+/- Acres with approximately 27+/- acres of cultivation and about 45+/- acres of native grass suitable for graving. This tract offers a 1/3 of an acre pond for livestock water. Heavy woods surround Spring Creek on the South end of Tract 2 making it a great place for hunting wildlife.

Tract 3: 131.11+/- Acres with approximately 50+/- grazable acres for livestock, two small ponds totaling about 3/4 of an acre surface. Heavy woods in the SW corner make for exceptional wildlife habitat.

Fences are goat wire through out (perimerter and cross fenceing) and 70% is less than 5 years old. Remaining fence is in great shape and you can ride the perimeter on about 90% with a ATV.

 

Agent Comments

Seldom do large tracts come available in Erath County that are ready on day 1 to live, run livestock, hunt and work. This is a very nice, seculded and quiet property available for the next family or families to begin the journey of lasting memories. ***DON’T MISS THE EQUIPMENT & PERSONAL PROPERTY AUCTION ON SATURDAY, NOVEMBER 12th AT 9:30PM***

Sale Method

Method of sale will be onsite only, live, multi-parcel style auction. Bidding will remain open on all tracts until the auction is deemed closed by the auctioneer.

Home Description

On Tract 1 you will find a gorgeous 2304+/- sf, two story, 4 bed, 3 bath home with an open floor plan in the main living area. On the ground floor you will find an open kitchen with island bar, dining area, laundry/washroom, guest 1/2 bath and the master suite with double bath and large walk-in closets. The centerpiece of the first floor is an open living area with a limestone wood fireplace sporting a beautiful Texas star inlaid in the stone all resting atop wood flooring.

The second floor offers two bedrooms with a Jack & Jill bath suite and an additional room that can be an office, craft/play area or a fourth bedroom. The second floor balcony overlooks the main living area.

Step out the back French doors and a short breezeway will lead you to a gorgeous limestone gazebo equipped with a wood grill and pizza oven as well as a windmill blade ceiling fan. Many Texas nights or morning coffees will be perfect here.

The home has a two car canopy that is easily accessed from the front or back entrances.


Building Description

Tract 1 also offers a large 40’ x 60’ metal barn with concrete floors for work, play or storage. The barn offers a 30’ x 40’ covered and concrete approach with a north wall perfect for easy equipment parking. The north overhang runs 30’x60’ which is perfect for equipment/implement storage. The south overhang is 40’ x 60’ which is great for livestock boarding or additional covered storage.

Other Improvements

A large portion of the perimeter fences have been cleared and replaced in recent years. 

Legal Description

Approximately 229 ACRES OUT OF THE JACOB SASSE SURVEY; 85 ACRES OUT OF THE BRYAN CHARLES SURVEY. Final legal descriptions will be provided prior to closing by Title company and/or licensed surveyor.

Possession

Upon Closing & Funding

Closing

Target Closing Date is December 12, 2022

FSA Information

Property is not currently enrolled in government programs

Mineral Rights

MINERALS: Any sale will include 100% of Sellers interest (if any) in the minerals. However, no promise, warranty or representation will be made as to the existence of any minerals or the nature or extent of Sellers interest therein.

Soil Productivity

See "Soil Reports" Under Each Tract Description below.

Taxes

2022 was $6,963

Earnest Money

5% due immediately in available funds by business or personal check or cashiers check.

Farm Lease

No current leases are in place.


Tract 1

34+/- Acres

Tract Detail

34 +/- Acres with a gorgeous 4/3 home, 60x40 barn with concrete floor and 60x30 on the north and 60x40 on the south overhangs on each side as well as a 40x30 covered approach.

 

View Associated Files

Tract 2

148+/- Acres

27+/- Tillable Acres

Tract Detail

148+/- Acres with approximately 27+/- acres of cultivation and about 45+/- acres of native grass suitable for graving. This tract offers a 1/3 of an acre pond for livestock water. Heavy woods surround Spring Creek on the South end of Tract 2 making it a great place for hunting wildlife.

 

View Associated Files

Tract 3

133+/- Acres

Tract Detail

133+/- Acres with approximately 50+/- grazable acres for livestock, two small ponds totaling about 3/4 of an acre surface. Heavy woods in the SW corner make for exceptional wildlife habitat.

 

View Associated Files

David White Ranch Real Estate

Auction Location

LOCATION FOR ALL SALES: 7435 CR 265, Dublin, TX Real Estate auction will take place in the home.

Date: 11-11-2022
Bidding Starts: 6:30 PM

Buyer's Premium: 10%

7435 CR 265
Dublin, TX 79446
Bidding Onsite

Directions to Farm

From SH6 and FM 914, Go South 4.2 miles to CR 265, Turn East on CR 265 and proceed 1.2 Miles to Auction Site. Auction Signs Will Be Posted

Contact

Brent Graves, Auctioneer/Broker

Work: (254) 965-4040

Cell: (254) 459-1111

Email: Brent@allianceauctioneers.com

©2020 Alliance Auction & Realty

Terms and Conditions

BIDDING PROCEDURE: Property will be offered as individual tracts, combination of tracts and/or as whole unit. PURCHASE CONTRACT: Immediately following the close of bidding, the high bidder will sign a purchase contract in the form provided in the property information packages. All information contained on this website and other marketing materials is subject to the terms and conditions contained in the written purchase contract. Seller shall not be bound by any statement promise or inducement that is not contained or incorporated in the written purchase contract. SELLERS ACCEPTANCE: The final bids are subject to the Sellers acceptance or rejection. BUYERS PREMIUM: A Buyers Premium in the amount of ten percent (10%) of the bid amount shall be charged to Buyer and added to the bid amount to arrive at the total contract purchase price.  PAYMENT TERMS: 5% of the purchase price will be due immediately after the bidding concludes, with the balance due in cash at closing. The down payment may be made in the form of a cashiers check, personal check or corporate check. YOUR BIDDING IS NOT CONTINGENT UPON FINANCING, so be sure you have arranged financing, if needed, and are capable of paying cash at closing. CLOSING: The targeted closing date is on or before December 12, 2022. Closing shall be held on or before the targeted closing deadline or as soon as possible thereafter upon completion of the survey, if applicable, the final title commitment and the Sellers closing documents. The closing agents fee for an administered closing will be shared equally (50% each) between Buyer and Seller. Buyer will pay all charges and fees related to any loan obtained by Buyer. POSSESSION: Possession shall be delivered upon successful closing & funding. ACCESS: Access to Tract 1 is available in three (3) places to Tract 1 from CR 265. Should Tracts 2 and 3 sell separate from Tract 1 Buyer(s) would be responsible for creating an access point from CR265 within the rules and codes of Erath County if the Buyer so chooses. Seller will not be responsible for the cost of creating an access point. REAL ESTATE TAXES AND ASSESSMENTS: The 2022 Property Taxes will be prorated to the date of closing. The buyer will be responsible for any rollback in the property taxes. The buyer(s) will be responsible for all additional taxes imposed after the date of execution of the Special Warranty Deed by seller as a result of any change in use of any part of the subject property, the intent being that all such additional taxes shall be the responsibility of the buyer and the buyers heirs, personal representatives and assigns.  DELIVERY OF TITLE: At each closing, Seller shall furnish at Sellers expense: (i) a warranty deed conveying marketable title to Buyer, subject to all permitted exceptions as described in the purchase contract; and (ii) an owners title insurance policy in the amount of the purchase price insuring marketable title, subject to all standard requirements, conditions and exceptions and subject to the permitted exceptions.  MINERALS: Any sale will include 100% of Sellers interest (if any) in the minerals. However, no promise, warranty or representation will be made as to the existence of any minerals or the nature or extent of Sellers interest therein. TRACT MAPS; ACRES: All advertised tract maps, acres, dimensions and boundaries are approximations based on county parcel data, current legal descriptions and/or aerial mapping. The marketing materials are not provided as survey products.  PROPERTY INSPECTION: Inspection dates have been scheduled and will be staffed with auction personnel. Owner, Broker and Auction Company disclaim any and all responsibility for the safety of prospective bidders and other persons during any physical inspection of the property. No person shall be deemed an invitee to the property by virtue of its being offered for sale. DISCLAIMER AND ABSENCE OF WARRANTIES: THIS PROPERTY IS OFFERED AS IS, WHERE IS. NO WARRANTY OR REPRESENTATION, STATED OR IMPLIED, IS MADE BY SELLER, BROKER OR AUCTION COMPANY CONCERNING THE PROPERTY. Prospective bidders are responsible for conducting, at their own risk, their own independent inspections, investigations, inquiries and due diligence concerning the property. The information contained in this brochure and other marketing materials is subject to verification by all parties relying on it. Seller, Broker and Auction Company assume no liability for any inaccuracies, errors or omissions in such materials. All sketches, tract maps, measurements and dimensions are approximate. AGENCY: Alliance Auction & Realty and their respective agents, representatives and contractors are exclusively the agents of the Seller. Auctioneer Brent R. Graves # 13507 is also exclusive agent to seller. CONDUCT OF AUCTION: The conduct of the auction and increments of bidding will be at the direction and discretion of the auctioneer. Seller and Auction Company reserve the right to preclude any person from bidding if there is any question as to the persons identity, credentials, fitness, etc. All decisions of the auctioneer at the auction are final. CHANGES: Please arrive prior to scheduled auction time to inspect any changes or additions to the property information. OFFICIAL ANNOUNCEMENTS MADE FROM THE AUCTION PODIUM ON AUCTION DAY WILL TAKE PRECEDENCE OVER THE MARKETING MATERIALS AND ANY OTHER PRIOR STATEMENTS. IN THE EVENT OF DISPUTE BUYERS AND SELLERS AGREE TO ABIDE BY AUCTIONEER’S DECISION DURING AUCTION AND THROUGH CLOSING.