1975 CR 3112, DeKalb, TX, Bowie County - Nutt Auction
1975 CR 3112, DeKalb, TX, Bowie County
Lot Number:1
Connecting
...
Start Time:7/5/2024 6:00:00 PM
Bid Count:0
Current High Bidder:
Starting Bid:$150,000.00
Bid Increment:$2,500.00
Current Bid:$0.00

METHOD OF SALE: 1 Tract including 15 +/- acres with log home & shop WILL SELL WITH OWNER’S CONFIRMATION! Live Auction with ONLINE BIDDING!

DRIVING DIRECTIONS:

Directions from Dallas: Take I30 East to go approximately 152 miles to Exit 199. Turn left on Hwy 82 West and go 4.5 miles. Turn right onto CR 3111, then turn left onto CR 3112. Go 1.2 miles and property is on the left.

Directions from Texarkana: Take I30 West to Exit 199 for US-82 toward Dekalb. Turn left on Hwy 82 West and go 4.5 miles. Turn right onto CR 3111, then turn left onto CR 3112. Go 1.2 miles and property is on the left.

AUCTION LOCATION: 1975 CR 3112, DeKalb, TX 75559

LEGAL DESCRIPTION: See attached legal description

Improvements: This property includes a 1600 +/- sf house & metal building.

TERMS AND CONDITIONS:

1.     A five-percent (5.00%) buyer's premium shall be in effect for the Auction and added to the amount of the highest bid to arrive at the selling price for the Property ("total contract price").

2.     $5,000 Cashier’s check (NO EXCEPTIONS) down day of auction, as earnest money. If for any reason Buyer fails to timely execute the Sale Contract or pay the deposit, Seller has sole discretion, to: (a) pursue all legal and equitable remedies available against Buyer, or (b) declare Buyer's bid to be immediately forfeited, null, and void, without any requirement of notice, and immediately re-sell the Property to another buyer. This is a cash sale and not contingent upon any matter, including Buyer obtaining financing. Buyer shall immediately execute the Sale Contract and all related documents presented by Auctioneer to bind Bidder and Seller to the sale of the Property.

3.      By registering, Bidder acknowledges receipt of the Terms of Auction and access to the Sale Contract and unconditionally and irrevocably agrees to be bound by both. Upon registering as a Bidder and bidding during the Auction, each Bidder shall be deemed to represent, warrant and agree that with respect to each Property it bids upon (a) that such Bidder has examined, or has had the opportunity to examine, the Property and is familiar with the physical condition thereof and has conducted such investigation of the Property as the Bidder has considered appropriate, (b) neither Auctioneer nor Seller, nor any affiliate, agent, officer, employee or representative of either of them has made any verbal or written representations, warranties, promises or guarantees whatsoever to the Bidder, expressed or implied, and in particular, that no such representations, warranties, guarantees, or promises have been made with respect to the physical condition, operation, or any other matter or thing affecting or related to the Property and/or the offering or sale of the Property, (c) Bidder has not relied upon any representations, warranties, guarantees or promises or upon any statements made or any information provided concerning the Property, including but not limited to on-line at the Auction website, in the Auction brochure or the information provided or made available by Auctioneer, or by Seller, or their respective agents, employees or representatives, and (d) Bidder has determined to make its bid after having made and relied solely on its own independent investigation, inspection, analysis, appraisal and evaluation of the Property and the facts and circumstances related thereto. Upon registering as a Bidder and bidding during the Auction, each Bidder shall also be deemed to represent, warrant and agree that (x) any information provided or to be provided by or on behalf of the Sellers with respect to the Properties including, without limitation, all information contained online at the Auction website, in the Auction brochure and in the information being made available to Bidder by Sellers and Auctioneer, was obtained from a variety of sources and that Sellers and Auctioneer have not made any independent investigation or verification of such information, and make no representations as to the accuracy or completeness of such information, (y) without limiting the generality of the foregoing, neither Auctioneer nor Sellers shall be under any obligation to disclose to any Bidder, and shall have no liability for its failure to disclose to any Bidder, any information known to them relating to any Property except as may be required by law, and (z) Sellers and Auctioneer are not liable or bound in any manner by any oral or written statements, representations or information pertaining to the Properties, or the operation thereof, furnished by any real estate broker, agent, employee, servant or other person.

4.     This parcel is being sold in its entirety for a single sum and not on a per acre basis. Advertised acreage is believed to be correct, but is not guaranteed. Offer price is for the entire tracts, regardless of acreage. Seller will not provide survey. The attached maps are thought to be accurate but should not be considered as survey plats.

5.     Conveyance will be by Warranty Deed, subject to all previous mineral conveyances, reservations and exceptions, to any valid right-of-way, easements, leaseholds, and to any protective covenants or restrictions, which may have been recorded affecting the property.

6.     Seller will pay for an owner’s title insurance policy. If additional insurance such as a Lender’s Title Policy is required, that cost shall be at the expense of the Buyer.

7.     Seller will pay pro-rated property taxes (to date of closing), deed preparation, and their part of closing costs. Buyer will pay recording fees and their part of closing costs.

8.     Twin City Title Company will conduct the closing with Buyer and Seller each paying their respective fees associated with closing services.

9.     No environmental inspection or representation has been or will be made by seller.

10. Property inspections shall be done in daylight hours. Seller, Gerald Haire Realty and Nutt Auction Company in no way warrant the conditions of the property, including access routes, and all persons entering upon the property do so at their own risk and accept said property in its existing condition during such inspections. All persons entering up the property assume all risks and liabilities and agree to indemnify, defend and hold harmless Seller, its managers, agents and employees, from and against any and all claims, demands, causes of action and damages resulting from any accident, incident or occurrence arising out of incidental to or in any way resulting from his or her inspection or the property or his or her exposure to the conditions of the property.

11. Gerald Haire Realty is the real estate firm acting as agent for the Seller. All information presented in this prospectus is believed to be accurate. Prospective buyers are responsible for verifying information presented in this sale notice.

12. Support documents, disclosures and sample contracts will be available for review prior to the auction.

13. Questions regarding the land sale should be directed to Kelly Nutt @ (903) 824-3445 or John Nutt @ (903) 824-0581 of Gerald Haire Realty.

There are no bids for the lot at this time

No donations for this lot

Join us for a LIVE AUCTION on Thursday, July 25th, at 1975 CR 3112, DeKalb, TX! LIVE AUCTION WITH ONLINE BIDDING!

5% BUYER'S PREMIUM

This is a unique opportunity to bid on a beautiful log home situated on approximately 15 acres of partially pasture and timber land in DeKalb, Texas. Whether you're seeking a peaceful retreat or a place to enjoy outdoor activities, this property has it all. The rustic yet modern 2-bedroom, 2-bathroom home offers a serene and private lifestyle while being conveniently located less than 10 minutes from I-30, providing easy access to New Boston and Texarkana.

The property features a metal shop, providing ample space for tools, equipment, or recreational items. The 15 acres of mixed pasture and timber land are ideal for various outdoor activities and agricultural opportunities. The mature pine and hardwood mix timber is home to deer and squirrels, perfect for nature enthusiasts.

GERALD HAIRE REALTY

2222 ST MICHAEL DRIVE, STE B, TEXARKANA, TX

903-791-1088

METHOD OF SALE: 1 Tract including 15 +/- acres with log home & shop          

WILL SELL WITH OWNER’S CONFIRMATION!

DRIVING DIRECTIONS:

Directions from Dallas: Take I30 East to go approximately 152 miles to Exit 199. Turn left on Hwy 82 West and go 4.5 miles. Turn right onto CR 3111, then turn left onto CR 3112. Go 1.2 miles and property is on the left.

Directions from Texarkana: Take I30 West to Exit 199 for US-82 toward Dekalb. Turn left on Hwy 82 West and go 4.5 miles. Turn right onto CR 3111, then turn left onto CR 3112. Go 1.2 miles and property is on the left.

AUCTION LOCATION: 1975 CR 3112, DeKalb, TX 75559

LEGAL DESCRIPTION: The property consists of

IMPROVEMENTS: This property includes a 1600 +/- sf house & metal building.

TERMS AND CONDITIONS:

1.     A five-percent (5.00%) buyer's premium shall be in effect for the Auction and added to the amount of the highest bid to arrive at the selling price for the Property ("total contract price").

2.     $5,000 Cashier’s check (NO EXCEPTIONS) down day of auction, as earnest money. If for any reason Buyer fails to timely execute the Sale Contract or pay the deposit, Seller has sole discretion, to: (a) pursue all legal and equitable remedies available against Buyer, or (b) declare Buyer's bid to be immediately forfeited, null, and void, without any requirement of notice, and immediately re-sell the Property to another buyer. This is a cash sale and not contingent upon any matter, including Buyer obtaining financing. Buyer shall immediately execute the Sale Contract and all related documents presented by Auctioneer to bind Bidder and Seller to the sale of the Property.

3.      By registering, Bidder acknowledges receipt of the Terms of Auction and access to the Sale Contract and unconditionally and irrevocably agrees to be bound by both. Upon registering as a Bidder and bidding during the Auction, each Bidder shall be deemed to represent, warrant and agree that with respect to each Property it bids upon (a) that such Bidder has examined, or has had the opportunity to examine, the Property and is familiar with the physical condition thereof and has conducted such investigation of the Property as the Bidder has considered appropriate, (b) neither Auctioneer nor Seller, nor any affiliate, agent, officer, employee or representative of either of them has made any verbal or written representations, warranties, promises or guarantees whatsoever to the Bidder, expressed or implied, and in particular, that no such representations, warranties, guarantees, or promises have been made with respect to the physical condition, operation, or any other matter or thing affecting or related to the Property and/or the offering or sale of the Property, (c) Bidder has not relied upon any representations, warranties, guarantees or promises or upon any statements made or any information provided concerning the Property, including but not limited to on-line at the Auction website, in the Auction brochure or the information provided or made available by Auctioneer, or by Seller, or their respective agents, employees or representatives, and (d) Bidder has determined to make its bid after having made and relied solely on its own independent investigation, inspection, analysis, appraisal and evaluation of the Property and the facts and circumstances related thereto. Upon registering as a Bidder and bidding during the Auction, each Bidder shall also be deemed to represent, warrant and agree that (x) any information provided or to be provided by or on behalf of the Sellers with respect to the Properties including, without limitation, all information contained online at the Auction website, in the Auction brochure and in the information being made available to Bidder by Sellers and Auctioneer, was obtained from a variety of sources and that Sellers and Auctioneer have not made any independent investigation or verification of such information, and make no representations as to the accuracy or completeness of such information, (y) without limiting the generality of the foregoing, neither Auctioneer nor Sellers shall be under any obligation to disclose to any Bidder, and shall have no liability for its failure to disclose to any Bidder, any information known to them relating to any Property except as may be required by law, and (z) Sellers and Auctioneer are not liable or bound in any manner by any oral or written statements, representations or information pertaining to the Properties, or the operation thereof, furnished by any real estate broker, agent, employee, servant or other person.

4.     This parcel is being sold in its entirety for a single sum and not on a per acre basis. Advertised acreage is believed to be correct, but is not guaranteed. Offer price is for the entire tracts, regardless of acreage. Seller will not provide survey. The attached maps are thought to be accurate but should not be considered as survey plats.

5.     Conveyance will be by Warranty Deed, subject to all previous mineral conveyances, reservations and exceptions, to any valid right-of-way, easements, leaseholds, and to any protective covenants or restrictions, which may have been recorded affecting the property.

6.     Seller will pay for an owner’s title insurance policy. If additional insurance such as a Lender’s Title Policy is required, that cost shall be at the expense of the Buyer.

7.     Seller will pay pro-rated property taxes (to date of closing), deed preparation, and their part of closing costs. Buyer will pay recording fees and their part of closing costs.

8.     Twin City Title Company will conduct the closing with Buyer and Seller each paying their respective fees associated with closing services.

9.     No environmental inspection or representation has been or will be made by seller.

10. Property inspections shall be done in daylight hours. Seller, Gerald Haire Realty and Nutt Auction Company in no way warrant the conditions of the property, including access routes, and all persons entering upon the property do so at their own risk and accept said property in its existing condition during such inspections. All persons entering up the property assume all risks and liabilities and agree to indemnify, defend and hold harmless Seller, its managers, agents and employees, from and against any and all claims, demands, causes of action and damages resulting from any accident, incident or occurrence arising out of incidental to or in any way resulting from his or her inspection or the property or his or her exposure to the conditions of the property.

11. Gerald Haire Realty is the real estate firm acting as agent for the Seller. All information presented in this prospectus is believed to be accurate. Prospective buyers are responsible for verifying information presented in this sale notice.

12. Support documents, disclosures and sample contracts will be available for review prior to the auction.

13. Questions regarding the land sale should be directed to Kelly Nutt @ (903) 824-3445 or John Nutt @ (903) 824-0581 of Gerald Haire Realty.

https://www.trec.texas.gov/

The information in this packet is believed to be accurate and from reliable sources, but we make no representation or warranties, expressed or implied, as to the accuracy of the information. All references to age, square footage, income, taxes, aerials, plats, surveys and expenses, but not limited to, are approximate. Buyers should conduct their own independent investigations and rely only on those results. Neither Gerald Haire Realty, Nutt Auction Company nor the Seller assumes liability for the information provided.

 

1975 CR 3112
DeKalb, Texas 75559
United States