Online Only Auction
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High Bid: 2,000,000.00 USD
1 Bid
Time Remaining: 14d 6h 41m - Wednesday 10:01 AM
Soft Close
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Date(s)
10/23/2024 - 12/11/2024
AUCTIONEER INFORMATION
Bidding Notice:

Online Only Auction. To be approved as an online bidder, a signed copy of the "terms and conditions" along with a signed bidder's certification must be received and approved by the auction office. (See terms and conditions for complete details.)

Auction Notice:

ONLINE ONLY


Information
Group - Category Real Estate - Residential
Lead Exquisite Luxury Ranch Estate Auction
Description
Exquisite Luxury Ranch Estate Auction with Premier Equine Facilities offers a unique opportunity to own an extraordinary ranch estate set amidst 113 acres of lush, rolling terrain. This property is tailor-made for luxury living and equine enthusiasts, blending sophisticated modern amenities with serene rural surroundings. Elegant Modern Ranch Home Completed in 2023, this expansive 7,265-square-foot single-story residence combines sleek modern design with classic ranch-style architecture. The home’s exterior is clad in natural stone and wood siding, exuding rustic elegance, while the interior features soaring ceilings, custom finishes, and an open floor plan that enhances the sense of space. Large, panoramic windows throughout the home invite natural light and showcase breathtaking views of the property’s rolling hills and pastures. The five spacious bedrooms and seven bathrooms offer luxurious comfort, with the master suite boasting a spa-like en-suite bath and private access to the outdoor living area. The gourmet kitchen is perfect for entertaining, equipped with high-end appliances, a large center island, and custom cabinetry. A home theater, game room, and outdoor living spaces, including a resort-style pool, complete the home, providing endless opportunities for relaxation and recreation. Guest House The recently completed guest house provides an additional 1,260 square feet of elegant living space, ensuring guests experience the same level of comfort and sophistication. World-Class Equine and Recreational Amenities At the heart of this estate is a 9,600-square-foot modern barn, built in 2023, featuring stables, paddocks, and equestrian facilities designed for professional and recreational use. The ranch also includes well-maintained fencing, rolling pastures, and multiple stocked ponds, ideal for cattle or equestrian activities. With abundant space for trail riding, fishing, and outdoor adventures, the property offers an idyllic setting for those seeking an active, outdoor lifestyle. Recreational Haven The property’s expansive grounds are perfect for outdoor enthusiasts, offering opportunities for horseback riding, hiking, and enjoying the Texas countryside. The resort-style pool area and covered outdoor spaces are ideal for hosting gatherings or enjoying tranquil sunsets. Soil Overview The soil composition on the property is rich and fertile, predominantly featuring loamy soil types that are well-suited for both grazing and agricultural purposes. These soils are highly desirable for equestrian activities, ensuring optimal conditions for horse training, cattle ranching, and crop management. The land’s gentle slopes and excellent drainage further enhance its usability. Prime Location Located just 105 miles northeast of Dallas-Fort Worth, this estate offers the perfect blend of seclusion and convenience. Paris, Texas, a charming city with a rich cultural heritage, provides easy access to essential services, quality schools, and local attractions, while the proximity to DFW ensures that metropolitan amenities are never out of reach. The nearby major highways, including US Highway 82 and US Highway 271, offer smooth connectivity for both business and leisure travel. Don’t miss the chance to own this premier luxury ranch estate in one of Northeast Texas’s most desirable regions. With its unmatched amenities, equine facilities, and recreational offerings, this property is truly one-of-a-kind.
Name Exquisite Luxury Ranch Estate with Premier Equine Facilities
Auctioneer
Type Online-Only Auction
Date(s) 10/23/2024 - 12/11/2024
Auction Date/Time Info
Online Only Auction open now through December 11th, 2024 with soft close at 2PM CST
Preview Date/Time Buyer Preview Dates: November 9th, 2024 10AM - 3PM November 16th, 2024 10AM - 3PM Please contact Auctioneer with any additional questions. 903-491-6797 Kim Ross - TX # 18091
Checkout Date/Time Signing of Contract will take place immediately following the close of auction. Closing will be held within 30 days following auction close.
Location
Buyer Premium 7% BP
Description
Exquisite Luxury Ranch Estate Auction with Premier Equine Facilities offers a unique opportunity to own an extraordinary ranch estate set amidst 113 acres of lush, rolling terrain. This property is tailor-made for luxury living and equine enthusiasts, blending sophisticated modern amenities with serene rural surroundings. Elegant Modern Ranch Home Completed in 2023, this expansive 7,265-square-foot single-story residence combines sleek modern design with classic ranch-style architecture. The home’s exterior is clad in natural stone and wood siding, exuding rustic elegance, while the interior features soaring ceilings, custom finishes, and an open floor plan that enhances the sense of space. Large, panoramic windows throughout the home invite natural light and showcase breathtaking views of the property’s rolling hills and pastures. The five spacious bedrooms and seven bathrooms offer luxurious comfort, with the master suite boasting a spa-like en-suite bath and private access to the outdoor living area. The gourmet kitchen is perfect for entertaining, equipped with high-end appliances, a large center island, and custom cabinetry. A home theater, game room, and outdoor living spaces, including a resort-style pool, complete the home, providing endless opportunities for relaxation and recreation. Guest House The recently completed guest house provides an additional 1,260 square feet of elegant living space, ensuring guests experience the same level of comfort and sophistication. World-Class Equine and Recreational Amenities At the heart of this estate is a 9,600-square-foot modern barn, built in 2023, featuring stables, paddocks, and equestrian facilities designed for professional and recreational use. The ranch also includes well-maintained fencing, rolling pastures, and multiple stocked ponds, ideal for cattle or equestrian activities. With abundant space for trail riding, fishing, and outdoor adventures, the property offers an idyllic setting for those seeking an active, outdoor lifestyle. Recreational Haven The property’s expansive grounds are perfect for outdoor enthusiasts, offering opportunities for horseback riding, hiking, and enjoying the Texas countryside. The resort-style pool area and covered outdoor spaces are ideal for hosting gatherings or enjoying tranquil sunsets. Land Overview The soil composition on the property is rich and fertile, predominantly featuring loamy soil types that are well-suited for both grazing and agricultural purposes. These soils are highly desirable for equestrian activities, ensuring optimal conditions for horse training, cattle ranching, and crop management. The land’s gentle slopes and excellent drainage further enhance its usability. Prime Location Located just 105 miles northeast of Dallas-Fort Worth, this estate offers the perfect blend of seclusion and convenience. Paris, Texas, a charming city with a rich cultural heritage, provides easy access to essential services, quality schools, and local attractions, while the proximity to DFW ensures that metropolitan amenities are never out of reach. The nearby major highways, including US Highway 82 and US Highway 271, offer smooth connectivity for both business and leisure travel. Don’t miss the chance to own this premier luxury ranch estate in one of Northeast Texas’s most desirable regions. With its unmatched amenities, equine facilities, and recreational offerings, this property is truly one-of-a-kind.
TERMS AND CONDITIONS OF ONLINE AUCTION 1. Seller(s) are serious about selling each property at this auction, but reserve the right to accept or reject the final bid. Each bid shall constitute an offer to purchase, and the final bid, if accepted by the Seller(s), shall constitute a binding contract between the Seller(s) and Buyer(s). Conduction of the auction and increments of bidding are at the direction and discretion of United Country - AltaTerra Realty & Auction, LLC ("AltaTerra") and/or the auctioneers. The successful bidder must enter into a purchase agreement the day of the auction immediately following the conclusion of bidding. The Seller(s) will have 72 hours to accept or reject the purchase agreement. 2. Property is sold "AS IS - WHERE IS" and Buyer(s) should take time to examine this property thoroughly and rely on their own judgment. The only guarantee from the seller(s) is a valid, good and marketable title to the property. The sale of the property is subject to any and all easements of record. The Seller(s), AltaTerra, the Auctioneers, nor their Associates are giving any warranties other than the Seller(s) Title Warranty. 3. Buyer(s) must conduct their own inspections at their own expense prior to bidding at the auction. AltaTerra, Auctioneers or its agents are not responsible for any representation made by Seller(s) or their employees and are not responsible for accidents on the sale property should any occur. 4. Buyer(s) and Seller(s) will enter into a standard format Contract for the Sale of Real Estate on the day of auction. A 7% Buyer's Premium will apply at this sale and it will be added to the bid price to arrive at the contract purchase price. The contract will call for a 10% down payment in the form of cash, cashier's check, wire transfer, or personal/company check with valid photo ID with the balance of the purchase price due, in certified funds, on or before the closing date specified in the Contract. Contracts will contain no financing or inspection contingencies and the Buyer(s) must have their own financing and make their own inspections prior to bidding at this auction. Escrow payments will be made payable to Stone Title Company, 33 First Northwest, Paris Tx 75460. Seller(s) will furnish title insurance in the amount of the selling price and deliver title by Warranty Deed. Any survey, if required, will be at Buyer(s) expense. Taxes will be pro-rated up to day of closing. Customary closing fees will apply to both Seller(s) and Buyer(s) transactions. 5. Announcements and notices made by AltaTerra and/or their auctioneers during the time of the auction take precedence over any previously printed materials or any other oral statements made. A Buyer's Broker Fee of 2% will be paid to a properly registered real estate broker licensed to do business in the State of Texas.
Your bid must adhere to the bid increment schedule.
Bid Amount Bid Increment
0.00 - 2,499,999.99 100,000.00 USD
2,500,000.00 - 2,999,999.99 50,000.00 USD
3,000,000.00 - 9,999,999.99 25,000.00 USD
Currency USD
Buyer Premium 7% BP
Payment Terms
Currency USD Buyer Premium 7% The contract will call for a 10% down payment. Closing will be handled through a local title company.
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