LOUIS ALVAREZ JR. BANKRUPTCY ABSOLUTE LAND AUCTION

Online Auction in Austin Texas, United States

1:00 PM Tuesday
28
March 28th, 2017

LOUIS ALVAREZ JR. BANKRUPTCY ABSOLUTE LAND AUCTION

Online Auction in Austin Texas, United States

Tuesday at - 28th March , 2017

Notes

TERMS & CONDITIONS EVERYTHING SELLS AS IS ● ALL SALES ARE FINAL ● TO BID ON THE REAL ESTATE : BIDDERS MUST PRESENT- A CURRENT DRIVER’S LICENSE & A $50,000.00 CASHIERS CHECK MADE PAYABLE TO THEMSELVES OR $50,000.00 IN CASH OR A CHECK & A BANK LETTER OF GUARANTY FOR $50,000.00 BEFORE THE AUCTION. THIS WILL SERVE AS A NON - REFUNDABLE DEPOSIT OF DOWN PAYMENT FOR THE SUCCESSFULL BUYER. ALL NON- SUCCESSFUL BIDDERS WILL BE RETURNED ALL DEPOSITS. ALSO** EVERYONE MUST HAVE - EITHER A BANK LETTER OF GUARANTY (See Web Site Home Page for Example) OR A BANK LOAN APPROVAL LETTER FOR YOUR MAXIMUM BID AMOUNT ** ANY REALTOR'S PARTICIPATION WILL BE AT THE EXPENSE OF THE BUYER. BUYER WILL PAY ALL CUSTOMARY CLOSING COSTS, SURVEY- ($4114.00), TITLE POLICY & PRO-RATA 2017 TAXES & ANY CHANGE ON EXEMPTIONS ON TAX BASE. ** CLOSING WILL BE WITH-IN 30 DAYS OF THE AUCTION. - WE HAVE A CURRENT 2017 SURVEY & TITLE COMMENTMENT. WE WILL CLOSE AT STEWART TITLE IN DRIPPING SPRINGS. THE PROPERTY WILL SELL WITH NO LEINS & CLEAR TITLE. PROXY BIDDING IS AVAILABLE- CALL FOR DETAILS. CONTENDING BIDDER WILL HAVE OPTION OF A BACKUP CONTRACT, IF BUYER DOESN’T CLOSE ACCORDING TO THE TERMS STATED ABOVE. PROPERTY INSPECTION BY APPOINTMENT ONLY-CONTACT RON SMITH -CELL-512.897.7105● EMAIL- rgsmith@moreland.com ● WE WILL START BUYER REGISTRATION @ 9AM-11AM & AUCTION WILL START @ 11AM. DO NOT BE LATE ! ● ●DON’T MISS THIS ONCE IN A LIFETIME GREAT DELVELOPMENT INVESTMENT OPPORTUNITY● FOR MORE INFORMATION & PHOTOS GO TO : www.billhallauctioneer.com BILL HALL AUCTIONEER, INC. P. O. BOX 339 ● SALADO, TX. 76571 ● 254.760.1156 ● EMAIL- billhall@hughes.net TXS 6949

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Location has been calculated by address and may not be 100% accurate.




Auction Items For Sale

SELLING BY ORDER OF THE UNITED STATES BANKRUPTCY COURT +/- 68.00 ACRES W/ FRONTAGE LOCATED AT 4510 WEST US. HWY. 290 ● DRIPPING SPRINGS, TX. 78620 PROPERTY INFORMATION & FEATURES: LOCATION: ON THE NORTH SIDE OF HWY. 290 ● 3 M. WEST OF DRIPPING SPRINGS POST OFFICE ●3 M. EAST OF HENLY,TX. LEGAL DESC.-FIELD NOTE OF 68.86 ACRES OUT OF LAND OF THE T. F. MARTIN SURVEY NO. 656 ● HAYS COUNTY ● +/-68 ACRES W/+/-2/10 MILE 290 FRONTAGE ●DRIPPING SPRINGS SCHOOL DIST. & JUST OUTSIDE DRIPPING SPRINGS ETJ ●2016 MARKET VALUE-$1,104,190.00 ● TAXES -$2490.00 W/ AG. EXEMPTION ● MINERAL RIGHTS- WILL CONVEY ALL, IF ANY ●PEDERNALES ELECTRIC●(2) WATER WELLS ●(2) SEPTIC TANKS ● BEAUTIFUL ROLLING HILLS ● ROCK OUT CROPPINGS ● ABUNDANT LARGE OAK TREES● (2) PONDS ● LIVE & SEASONAL CREEKS ●OLD STONED LINED WATER WELL & STONE FENCES & WALLS ●NATIVE LOCAL WILDLIFE & GRASS ●MISC. SHEDS & PENS ON PROPERTY ●CONCRETE LOW WATER CROSSING ●PERIMETER FENCING ●HIGH TRAFFIC COUNT ●(2) MOBILE HOMES & PERSONAL PROPERTY TO BE REMOVED BY AUCTION DATE. U TUBE VIDEO https://www.youtube.com/watch?v=uMzyCMo5vCk