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Live Auction will be held at the Texarkana Convention Center Hilton Garden Inn, Ballroom F, located at: 2910 Cowhorn Creek Loop Texarkana, Texas 75501 * Just behind the mall off Richmond Rd.
Auction Date and Property Location:
Live Auction: Thursday, June 30th, 2022 at 11AM
Property Location: South Bishop Rd. and Loop 151/ Hwy. 59 Texarkana, Texas 75501
Live Auction will be held at the Texarkana Convention Center Hilton Garden Inn, Ballroom F located at: 2910 Cowhorn Creek Loop Texarkana, Texas 75501 * Just behind the mall off Richmond Rd.
Property Inspection: Wednesday, June 29th from 1-3pm
Real Estate Description: Attention Investors! This is an extremely Rare Real Estate Opportunity!! 150+/- Acre of PRIME ~ PRIME ~ PRIME Property and the true definition of LOCATION ~ LOCATION ~ LOCATION!!! This large 150± Acres of Prime Property offers countless opportunities waiting for your ideas!! Easy Access and High Visibility from Both Directions and would be ideal for Commercial Development & Multi-Family Uses. Property has a Small Pond and Howard Creek running through East Side that could be a great for development. Possibilities could be endless, just to name a few that comes to mind; Commercial and Residential Developers, Dealers Automobile Auction, RV, Automobile, Large Truck Dealerships, RV Park, Mobile Home Park, Truck and Fuel Stop, Motel, Apartments, Condos, Mobile Home Dealership, Factory of various kind, Industrial Park and so much more. The property is zoned Agricultural.
Easement: Gas Pipeline Crossing the East Side of the Property.
Do not miss this tremendous business and investment opportunity to own an excellent development property!!
Information Days & Property Inspection: Auctioneers will be on location Wednesday, June 29th from 1-3 pm for property inspection.
Can be Inspected by drive in or by appointment. Contact Broker: Pete Snow, locally at 903-277-0975 or Auctioneer: Nick D. Fowler 870-356-4848 to Schedule a tour.
Real Estate Taxes: Approximately $19,000 per year
Closing Agent: Twin City Title, 3310 Arista Blvd, Texarkana, TX. 75503, phone 903-793-7671
Survey Cost: 13 individual tract surveys: $1,950/per tract +tax, Overall 150 acre survey: $10,500+tax.
Information: Visit our website at FowlerAuctioneers.com
Tract #1 ~ 7.50+/- Acres: Fronts Terry St., Cleared, Pasture, Has a Large 4”x20’ Yellow Pipe Gate, Joins the Highland Baptist Church, Texarkana Water and Sewer Available. Water and Sewer Easement through this tract to 60′ road easement, and will supply all other tracts.
Tract #2 ~ 2+/- Acres: Fronts Terry St., Cleared, Small Pasture, Howard Creek, Texarkana Water and Sewer Available.
Tract #3 ~ 13.50+/- Acres: Fronts Terry St., Cleared and Wooded, Pasture, Howard Creek, Texarkana Water and Sewer Available.
Tract #4 ~ 4.50+/- Acres: South Bishop Road Frontage, Cleared, Gas Pipeline Easement, Existing Dirt Road, Texarkana Water and Sewer Available.
Tract #5 ~ 5+/- Acres: Cleared, Pond, Howard Creek, Existing Dirt Road, Gas Pipeline Easement.
Tract #6~17+/- Acres: South Bishop Road Frontage, Cleared, Pasture, Beautiful Building Spots, Howard Creek, Gas Pipeline Easement.
Tract #7~16.11+/- Acres: South Bishop Road Frontage, Cleared, Pasture, Beautiful Building Spots, Howard Creek, Gas Pipeline Easement.
Tract #8~16.11+/- Acres: Cleared, Small Pond, Howard Creek, Existing Dirt Road.
Tract #9~4.5+/- Acres: Cleared, Pasture, Beautiful Building Spot.
Tract #10~24+/- Acres: Cleared, Pasture, Beautiful Building Spot.
Tract #11~7.19+/- Acres: Cleared, Pasture, Beautiful Building Spot.
Tract #12~22.5+/- Acres: Cleared, Pasture, Beautiful Building Spot, Small Wet Weather Creek.
Tract # 13~9.15+/- Acres: Cleared, Pasture, Beautiful Building Spot, Access to Waterworks Road.
Brokered by; Century 21 All Points Realty Texarkana, Texas 75501
Designated Broker of Firm; Henry E. Snow LN# 552095
Auctioneer; Nick D. Fowler TLN# 16430
Terms and Conditions:
Please read all Terms and Conditions, if you are not clear about any of the Terms please feel free to contact our office at 870-356-4848
Live On Location Terms: $5,000.00 down per tract day of auction in cashiers or pre-approved check. Title insurance will be split 50/50 between seller and buyer and warranty deed furnished at closing, closing within 45 days. 10% buyer’s premium. Property Sold “As, where is”. Announcements made day of sale take precedence over all advertising.
If purchased as a whole (150+/- acres) the down payment will only be $50,000 day of auction.
Closing Agent: Twin City Title, 3310 Arista Blvd, Texarkana, TX 75503, phone 903-793-7671
DOWN PAYMENT at Live Auction: A non-refundable down payment must be paid in full at the conclusion of the auction the balance due in 45 days at closing.
Online Bidding Terms: $5,000.00 down per tract at the conclusion of the auction or next business day in the form of a wire transfer (see down payment instructions below) , balance due at closing within 45 days, title insurance will be split 50/50 between seller and buyer and warranty deed furnished at closing, 10% buyer premium. Property Sold “as is, where is”, Announcements made day of sale take precedence over all advertising. ( If you are the winning bidder you will be contacted next business day)
DOWN PAYMENT Online Bidders is non-refundable and must be paid in full via Wire Transfer at the conclusion of the auction or next business day with the balance due in 30 days at closing. Purchaser will receive a general warranty deed at closing. Seller will provide purchaser an “owners” title insurance policy at closing. If sold in Tracts the survey cost will be split 50/50 between buyer and seller. Buyer and Seller will be responsible for their closing cost. Bids from online pre-bidding will convey to live auction.
Participation Requirements: Valid credit card required for bidding approval, name, valid address, and valid email address. NO EXCEPTIONS!! All property is sold ‘AS IS” . There will be a $20.00 fee assessed for the wire transfer. Buyer’s Contract: Your bids placed on the Fowler Auctioneers, Inc. website/bidding platform are a contract and you are responsible for paying all amounts due. Non-paying bidders or fraudulent bidding will subject you to legal recourse and possible criminal charges including any fraud and/or interstate commerce violations. The Seller/Fowler Auctioneers, Inc. has the right to accept or reject any and all bids/offers. All auctions are recorded.
Payment Online Bidders: A non-refundable down payment must be paid in full via Wire Transfer at the conclusion of the auction or next business day with the balance due in 45 days at closing.
Broker Participation will be 1% of the buyer premium, must fax or email form 48 hours before auction to our office 870-356-4225
All properties are sold “as is, where is” no exceptions.
Registration finalizes – Each bidder agrees to terms and conditions of sale. Do not bid unless you agree to be bound by these terms. Property to be sold as is where is with faults, without express or implied warranties of any kind. Buyer is to perform all inspections prior to auction with professionals of their choosing. Fowler Auctioneers, Inc./CENTURY 21 All Points Realty represents the sellers only and does not inspect properties on behalf of buyers and assumes no responsibility for the correctness of any descriptions.
Fowler Auctioneers, Inc./CENTURY 21 All Points Realty is acting exclusively as an agent for Seller and not as an agent for any Bidder or Buyer. No third-party broker is acting as a sub-agent of Auctioneers. All properties are absolutely sold “as is, where is” with no contingencies. Announcements made day of sale take precedence over all advertisement. All information given orally or in writing was derived from sources believed to be correct, but is not guaranteed. All real estate dimensions are only approximations. Buyers shall rely entirely on their own information, judgment and inspection of the property and records. You acknowledge that the internet may be an unreliable and error-prone network. Fowler Auctioneers, Inc. will not guarantee that bids placed online will always be transmitted to or received by the auctioneer in a timely fashion. You agree to hold Fowler Auctioneers, Inc. and its employees harmless for any interruptions in online bidding. At the sole discretion of the Company, the auction may be suspended, postponed, or cancelled if internet service is unstable or disrupts the online portion of any auction.
The following terms and conditions shall apply to all auctions held, regardless of the type, size or kind of auction. Specific terms and conditions may be modified at any time prior to the commencement of the auction by Fowler Auctioneers, Inc./CENTURY 21 All Points Realty. Any Bidder/Buyer agrees to abide by these terms and conditions or the terms and conditions of any future Fowler Auctioneers, Inc. auctions.