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Auction Private Luxury Estate

550 County Road 4570 : Winnsboro, TX 75494

Wood County, Texas

Shown by Appointment Only

37 Acres
Land Auction
June 27, 2019 2:00 PM
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Land Description

Private Country Estate on 37± Acres, Winnsboro, Texas

Bidding begins Thursday, June 6th and ends Thursday, June 27th at 2:00 p.m. (Ct)

Selling to the Highest Bidder at or Above $599K

Last List Price at $1,350,000

550 County Road 4570, Winnsboro, Wood County, Texas 75494

Magnificent Country Estate in secluded, and very private East Texas Piney Woods. Premier property on 37± acres of native timber and gorgeous landscaping. This well-appointed home, features 4 winding staircase and elevator, observation deck with breathtaking views, huge swimming pool, gazebo with fireplace, imported chandeliers, 3± acre pond, deep water well, 8 bedrooms, 6 bathrooms, 5 kitchens, 3 fireplaces, attached 2-car garage, 3-steel shops with 9-garages.

The property is currently configured to facilitate a Bed and Breakfast, or an Apartment type of venue, and would be an awesome Wedding Venue or great Retreat for a Church or Business. Of course, with a few minor modifications, could be returned to a single family type residence. All this luxurious living far enough from the city to be a quiet hideaway, yet centrally located within 100 miles of Dallas, Shreveport, Texarkana, Tyler, and Longview.

Auction Information

Auction: Online Bidding begins Thursday, June 6th at 2:00 p.m. CT ends Thursday, June 27th at 2:00 p.m. Ct.

Bidding: All bidding is by the dollar.

Buyer's Premium: A 10% Buyer's Premium will be added to the final bid to determine the Total Contract Price paid by the Purchaser.

Bidder Registration Fee: A refundable registration fee of $10,000.00 is required to register to bid. Please call for details.

Terms of Sale: The Contract is to be signed and returned to Target Auction Company on auction day. This is a Cash Sale with 10% down due by 4:00 pm CT on Friday, June 28th with the balance due at closing within 30 days.

Broker Compensation: Buyer Agent/Brokers are welcome. Please see the Broker Compensation Form under this property's Documents tab.

Open House Events: An auction representative will be available for property tours on the following dates by Appointment Only. Please call to schedule your viewing.

Saturday, June 15th (10 am - 4 pm). Sunday, June 16th (1 pm - 5 pm), Saturday, June 22nd (10 am - 4 pm), Sunday June 23rd (1 pm - 5 pm), and Wednesday, June 26th (10 am - 4 pm)

Broker Participation Welcome. 10% Buyer's Premium.

Mark Thomas, Texas Broker RE 386889, Texas Auctioneer AU 13784

Land Maps & Files

More Land Details

> Residence / Home
AUCTIONFLIP ID
200514
Posted on AUCTIONFLIP
26 Days Ago
Last Updated
26 Days Ago
Views
92
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