WHAT IS A BUYER'S PREMIUM?
Posted on 10/06/2019
Bankruptcy Auction
22.835+/- ACRES East Texas
Bankruptcy Auction! Ordered by the U.S. Bankruptcy Court, Southern District of Texas.
22.835+/- AC’s of land within the Newton City Limits. Water and Electricity are on site. Property is only 14 miles from Jasper, TX and close proximity to South Toledo Bend and Sam Rayburn Lakes. Property has a county timber valuation of $137,010. 2014 Spree Connect RV Trailer is selling separately. Contact Tranzon for more details.
DON’T MISS THIS OPPORTUNITY TO BUY UNDER MARKET VALUE!!!
• Land Area Gross: 22.835+/- AC’s or 994,692.60 SF +|- of land
• County Timber Market Valuation is $137,010
• City Water & Sewer
• Electrical Service along Davison St
• Approx. 681’ of Road Frontage along Davison St
• Approximately half of the property is in the Newton City Limits
• Newton is approximately 14 miles from Jasper TX
• Close proximity to South Toledo Bend and Sam Rayburn Lakes
Kelly Toney, Tranzon Asset Advisors, Court Appointed Auctioneer for the U.S. Bankruptcy Court, Southern District of Texas, Case No. #24-34449
Tranzon Asset Advisors of Texas, LLC, #9008058, Kelly D. Toney, TX Auctioneer #11818, Broker #0421809
10% Buyer's Premium for Real Estate, 10% Deposit of Total Sale Price and other terms apply
Online bidding ends February 25th at 2:00pm CT
Inspection: Drive by anytime
Property Address: 1425 Davison Street, Newton, Texas 75966
Contact Kelly Toney at 888-791-7307 ext. 808 or ktoney@tranzon.com
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