Bid4Assets Auction 429200 : $98/acre -- 5.10 acres -- No Back Tax -- West TX Lot#26 No Reserve!!!

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	Address	Mentone, TX 79754 United States

	County	Loving County

	Legal Description	Lot 26, +/- 5.10 ACRE TRACT, Being a tract of land out of the North Half (N/2) of Section 18, Block 55, Township 2, T&P Ry. Co. Survey, Loving County, TX

	Lot Size	5 acres

	HOA Fee	$0.00 annually

	Annual Taxes	$20.00

Asset Description

STRAIGHT SELL!! NO RESERVE!! NO Catch! No Association Fee!! No back taxes! NO Monthly Payments to Worry! HIGH BID WINS!!!

Bid starts only at $499 for this large 5 acre parcel, which is only $98.00 per acre!!

Approximately 3 miles from Pecos River.

Total Settlement Amount = Winning bid + 10% buyer's premium + $389.00 Deed Recording and Document Processing Fee.

NO HIDDEN COST OR FEES!!!

Bid with confidence, knowing that you'll receive the very best customer service on the web. We have a 5 star rating, please see the rating section above for current rating.

Deed Recording: You Don't have to record the deed yourself. We will record the deed for you.

Don't miss out on Opportunity to buy while the price is still very Low!

Methods of payment: Certified Check, Cashier's Check, Wire Transfer, Money Order, Personal check & eCheck, and all major Credit Cards are accepted via PayPal. Payment must be received within 5 days of close of the auction.

Conveyance of Deed: Warranty Deed. You will own the property 100%. There are no liens and the title is free and clear.

LEGAL DESCRIPTION: Lot 26, +/- 5.10 ACRE TRACT, Being a tract of land out of the North Half (N/2) of the Southeast Quarter (SE/4) Section 18, Block 55, Township 2, T&P Ry. Co. Survey, Loving County, Texas. There shall be established a 20 foot easement along the north, south, east and west boundaries of the above-said parcel for access purposes. Approximately 3 miles from Pecos River.

Property Profile:

Loving County, the smallest county in the Permian Basin of West Texas, consists of 671 square miles of flat desert terrain with a few low-rolling hills stretching over calichified bedrock and wash deposits of pebbles, gravel, and sand. Vegetation includes desert shrubs, cacti, range grasses, and salt cedars along the river. Elevations vary from 2,686 to 3,311 feet above sea level.Temperatures vary from an average low of 29 F in January to an average high of 96 in July. The growing season lasts 222 days. Rainfall averages just over ten inches. Loving County is bounded on the east by Winkler County, on the south by Ward County, on the west by the Pecos River and Reeves County, and on the north by Eddy and Lea counties, New Mexico.

The N/2 and N/2 of the SE/4, Section 18, Block 55, Township 2, T & P RR Co., Loving County, Texas property is accessible from RR 652, less than a mile east of the Reeves and Loving County line and approximately 20 miles due northwest of Mentone. US 285 is less than ten west of the property. The property has an elevation change of approximately 60 feet from the southwest to the northeast. Approximately 3 miles from Pecos River.

The property is approximately 100 miles west of Odessa, the largest town, (population 92,000) and county seat of Ector County. Odessa attractions include the annual Sand Hills Hereford and Quarter Horse Show and Rodeo, the only museum in the United States devoted exclusively to the office of the presidency, an authentic replica of Shakespeare's Globe Theatre, the nations largest known crater, Meteor Crater, the internationally famous Odessa Chamber of Commerce Chuck Wagon Gang barbecue, and the Permian Basin Oil Show. The property is approximately 50 miles northwest of Pecos in Reeves County. Pecos is a farming, ranching, and oilfield supply center and is home to the West of the Pecos Museum and to the annual West of the Pecos Rodeo.

A nearby attraction to Loving County is Guadalupe Mountains National Park. The Guadalupe Mountains extend from Texas up into New Mexico and include the four highest peaks in Texas. The Guadalupes are an exposed portion of the largest fossil reef in the world, a 400-mile-long, 1,300 feet high horseshoe that formed at the edge of the Delaware Basin of the Permian Sea some 250 million years ago. The earliest human artifact found in the Guadalupe Mountains is a 12,000-year-old Folsom point, and artifacts and pictographs from later hunter-gatherer tribes have also been discovered.

Carlsbad Caverns National Park in New Mexico is a particularly popular attraction in the Guadalupe Mountains. The park contains 83 separate caves, including the nation's deepest limestone cave - 1,597 feet (486.8 m) - and third longest. Carlsbad Cavern, a designated World Heritage Site, with one of the world's largest underground chambers and countless formations, is accessible to all members of the public, with a variety of tours offered year-round.

Zoning: Investment/Agricultural general use. Association dues: None Roads: Dirt roads in the area. Power: Solar or Generators. Water: Hauled in or well. Topography: Flat to rolling. Taxes: Approximately $20 / year and paid current through 2008. Winner will be responsible for 2009 taxes and all future taxes.

Please Note: ASK ALL OF YOUR QUESTIONS BEFORE YOU BID! Be certain that you have no unanswered questions before you place your bid. Be certain that this property is suitable for your needs before you place your bid. If you are the winning bidder, Please contact me within 24 hours of auction end with the information to process your deed. Payment must be received within 5 days of the close of the auction. Once the payment is received, your documents will be mailed within 5 to 7 business days. Payment by personal check will delay the recording approximately by 3 weeks.

Disclaimer: All information contained here is to the best of my knowledge. The land is raw and undeveloped and should be considered a speculative investment for future growth. This parcel has not been surveyed as of this date. The seller offers these assets for sale in "AS IS" CONDITION at the time of sale. All prospective purchasers are urged to research this information to their own satisfaction prior to bidding. All sales are final. Your bid is a legal contract to purchase per auction terms, and an acknowledgment that you have completed all due diligence BEFORE your bid. The auction it self is the contract between buyer and seller. Therefore, no seperate contract is needed and seperate contract will not be send. Please bid only if you plan to follow through with the sale. Thank you.

Directions From Odessa, Texas:

Follow Interstate 20 West to Pecos, Texas (approximately 74 miles)

Follow Ranch Road 652 North approximately 4.75 miles to a dirt road that is approximately 0.75 miles east of the Pecos River

Turn right (south) and follow the dirt road approximately 0.8 miles South, 0.7 miles East, 1.0 mile South.

Directions From El Paso, Texas:

Follow Interstate 10 East to Interstate 20 East (approximately 167 miles)

Follow Interstate 20 East to Pecos, Texas (approximately 42 miles)

Follow Ranch Road 652 North approximately 4.75 miles to a dirt road that is approximately 0.75 miles east of the Pecos River

Turn right (south) and follow the dirt road approximately 0.8 miles South, 0.7 miles East, 1.0 mile South.

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PLEASE READ CAREFULLY- Bid4Assets Real Estate Buyer Responsibilities

Some sellers buy large "pools" of under-valued properties from banks. The seller may not inspect every property prior to sale. The seller represents these properties to the best of their knowledge. In some rare cases, property may have severe damage or be subject to county/city orders not described in the auction. It is highly recommended that interested bidders arrange for an external inspection personally or through a designate and that they contact the county or city in which the property is located to confirm the status of the property.

Bid4Assets reminds all potential real estate bidders that it is your responsibility to complete all due diligence needed to determine the condition, market value, or investment value of this asset prior to placing a bid. Necessary due diligence items may include, but are not limited to, a) a satisfactory inspection of the property b) completion of a title search c.) investigating back property taxes and D.) other - liens and encumbrances such as unpaid utility bills.

By placing a bid, you acknowledge that any statements made by the seller about the condition or market value of the property are subjective, and do not release you from your responsibility to perform due diligence. Please contact Bid4Assets if you believe that a seller is intentionally misrepresenting a property in their auction.

Settlement Requirements

This auction requires that the winning bidder pay a Buyer's Premium of 10.00% of the winning bid amount. (The Buyer's Premium covers the costs associated with the auction). This amount will be added to the winning bid and will be included in the total purchase price paid by the Buyer to the Seller.

Certified/Cashier's Check

Wire Transfer

Money Order