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10.01 ACRE INVESTMENT PROPERTY

 

DIRECTLY FRONTING paved STATE HIGHWAY 125 at NM/TX STATE LINE!

 

NO RESERVE!

 

 

This is located in Section 16, R. C. Burns Survey, Cochran County, Texas. This section has been professionally surveyed by a licensed Texas surveyor. The individual lots have been professionally mapped by Carto Industries (Mapping Company in Texas), with GPS coordinates for easy location.

 

Your bid is the total purchase price for this 10+ acre investment property with an unbelievable amount of direct frontage on paved Highway, as shown in pics below! This is by far the best lot in the section. This is NOT a down payment. This is a straight cash sale. This 10+ acre property with direct paved frontage, on Hwy 125/769 is located in Cochran County, only 60 miles West of Lubbock, TX and 80 miles East of Roswell, NM.

This is an excellent location, being on Highway, close to Lubbock and only about 3 miles from Bledsoe, TX up Highway 125/769! NM is just down the road!

 

This property has been divided specifically to allow for the access from the paved Highway, and is large enough to have planty of privacy in the back of the property and the fantastic access of being on the highway. This is a nice large open parcel with privacy and access of being on the Hwy.

 

This is one of the last large pieces available and basically the only highway frontage piece left with this much frontage on the highway. Most all of the property North of this section, heading toward Bledsoe has been subdivided and sold as 1+ acre subdivisional lots. If these 1 acre parcel subdivisions continue to expand, you could be right in the middle of the path of their progression, giving you a choice. That is how you make $$ in Real Estate – by buying property in the path of progress. Those 1 acre lots have sold on eBay for $2300 and up!
THAT is why I classify this as investment property.
There are no restrictions on this property. Power is on the Highway. There is no limit to what you can do with the property. This is great investment property. The reason I call this investment property is because of the proximity to the State line, town and accessibility to the State Highway, leading to Lubbock, TX, Carlsbad, NM and beyond. Also, all of the subdivisions that have recently been platted.

 

Taxes are under $125 per year and will be current through Jan 1, 2012. There are no liens on this nice investment property. Taxes for the year 2012 will be the responsibility of the buyer and mailed when they come out at the end of the year.

 

 

Don’t miss out on this opportunity to purchase a nice piece of property with direct Highway frontage near the State line, close to Lubbock.

 

I was planning to keep these for myself for investment, but the recent activity has forced me to sell. My loss can be your gain. This is already divided with lot plan, GPS and topo maps, increasing the value and making it perfect for investors!

           

Terms:

  • High bid is the purchase price for this property.
  • Ask all questions before bidding. Do your due diligence. This property is sold as is where is. All information is true and accurate to the best of my knowledge. Your bid is a contract to purchase with these terms.
  • Bid only if you are serious about purchasing this valuable acreage.
  • If you win this auction and do not complete the transaction according to these terms, you will be held responsible for any and all listing fees regarding this property.
  • Make sure you have the funds secure before bidding.
  • Winning bidder is expected to contact the seller within 24 hours of the end of the auction by e-mail with name and address for your deed.
  • 2011 taxes are will be the responsibility of the buyer.
  • Payment is to be received by the seller within 5 days of the end of the auction by cashier’s check, money order or bank transfer. Personal checks are held 10 days to clear. (High bid amount plus document fee)
  • There is to be a buyers premium of $100 or 10 percent whichever is higher. There is also a $499 doc fee to be added to high bid amount.
  • I will prepare the paperwork for you. I will send you all maps and the Deed with easy instructions for filing the Deed with the County.

Thank you and good luck!