Sabine County Timberland Auction

8 Timberland Tracts - 600+/- Acres in Total

Sabine County, Texas

Auction ends Thursday, February 16th, 2023 at 10am CT

Auction is ONLINE ONLY

Tract 1: 9.46+/- acres in Hemphill 9.46+/- acres – mixed natural pine hardwood This bidding on this lot will end at 10am on Thursday, February 16th

Tract 2: Boyd Rd N – 50+/- acres 50+/- acres cutover This bidding on this lot will end at 10:30am on Thursday, February 16th

Tract 3: Boyd Rd S – 120+/- acres 81.56+/- acres hardwood bottom 38.44+/- acres cutover This bidding on this lot will end at 11am on Thursday, February 16th

Tract 4: 87 East 89+/- acres total 45.47+/- acres open, non-forested 22.58+/- acres natural pine 20.95+/- acres hardwood regeneration This bidding on this lot will end at 11:30am on Thursday, February 16th

Tract 5: 87 West 240.38+/- acres total 9.54+/- acres scattered natural pine 147.8+/- acres thinned pine plantation 47.18+/- acres hardwood bottom 35.86+/- acres mixed natural This bidding on this lot will end at 12pm on Thursday, February 16th

Tract 6: Hwy 103 & FM 3229 – 25+/- acres – LANDLOCKED This tract is LANDLOCKED 10.72+/- acres hardwood bottom 12.51+/- acres unthinned pine plantation This bidding on this lot will end at 12:30pm on Thursday, February 16th

Tract 7: FM 944 – 20+/- acres – LANDLOCKED This tract is LANDLOCKED 8.75+/- acres hardwood bottom 7.63+/- acres unthinned pine plantation This bidding on this lot will end at 1pm on Thursday, February 16th

Tract 8: Hwy 103 – 18+/- acres – LANDLOCKED This tract is LANDLOCKED 15.57+/- acres thinned pine plantation 1.82+/- acres hardwood SMZ This bidding on this lot will end at 1:30pm on Thursday, February 16th

 

Logan Thomas, TX RE #619034, TX AUC #17228, (713) 702-3666 Mark Thomas, Broker, TX Broker #386889, TX AUCT #13784, (713) 594-1576

Terms & Conditions

1. 12% Buyer’s Premium added to the winning bid price to determine total contract price.
2. No minimum bid, final bid subject to seller’s confirmation.
3. Auction is ONLINE ONLY.
4. Extended online close: If a bid is placed in the last 5 minutes, the auction will automatically extend an additional 5 minutes.
5. Current price listed on MLS or other websites is not deemed a selling price. Many websites will not allow auction only listings.
6. Cooperating broker participation is offered. Contact the auction company to register your client and receive the terms. Real estate agent MUST register client prior to client’s first bid.
7. Closing & payment: High bidder (purchaser) must remit 10% non-refundable payment of the total contract price on auction day to Auction Escrow & Settlement. Balance to be paid at closing within 30 days. Purchaser must sign a non-contingency contract to close within 30 days of the auction date. Seller maintains the right to extend closing an additional 30 days.
8. Seller/owner/creditor reserves the right directly or through directing the auctioneer to recover equity and/or liquidate debt by placings bids on their behalf up to or equal to a level necessary to guarantee clear title with no tax issues, liens or encumbrances.
9. Disclaimer: Acreage and square footage dimensions are based on information provided by seller and are believed to be correct; however, purchaser &/or purchaser’s agent/broker shall bear responsibility to confirm all calculations prior to the sale. Not available to residents of any state in which this real estate is not in compliance with the real estate laws of that state. All information provided or contained in a brochure was derived from sources believed to be correct but are not guaranteed.

Contact us for more info – mthomas@auctionsection.com – 713.594.1576