LIVE ONLY - WEST TEXAS MULTI-PARCEL AUCTION

Event Date:

1/11/2023 11:00:00 AM CT

Address:

2206 W American Blvd
  • WEST TEXAS MULTI-PARCEL AUCTION

    Real Estate

    For more detailed information, go to the main webpage for this auction at www.txfarmranchauction.com 734 +/- acres offered in 5 tracts irrigated grazi

FOR MORE DETAILED INFORMATION, GO TO THE MAIN WEBPAGE FOR THIS AUCTION AT WWW.TXFARMRANCHAUCTION.COM

734 ACRES +/- ACRES OFFERED IN 5 TRACTS

IRRIGATED GRAZING, FARMING & FEEDING OPERATION BEING OFFFERED IN SPRINGLAKE, TX

Take advantage of this unique opportunity! This adaptable and distinctive offering is an irrigated grazing/farming/feeding operation with substantial improvements that make it well-suited for irrigated and non-irrigated practices. This property is also set up for various livestock species, including cattle, sheep, and goats. This farm and ranch for sale at auction in Lamb County, Texas, includes a main residence with excellent amenities and a second home that could be used for a foreman or as a rental property for additional revenue potential.

Whether you are interested in livestock, good quality farmland, looking for an unbelievable home with tons of amenities, or all the above, you need to look at this Texas 734± acre property offered at auction in 5 tracts.

 


TERMS:

TERMS: 5% Buyer’s Premium applies. 10% down day of auction, balance due at closing. Possession upon successful closing, subject to terms & conditions. Any farm and livestock equipment or personal assets belonging to the Seller may be removed prior to time of possession. See link to complete terms and conditions of auction above.

SELLER: REX AND RHONDA FENNELL 

​Disclaimer: All materials and information received or derived from M. Edwards its directors, officers, agents, advisors, affiliates and/or any third party sources are provided without representation or warranty as to completeness, veracity, or accuracy, condition of the property, compliance or lack of compliance with applicable governmental requirements, developability or suitability, financial performance of the property, projected financial performance of the property for any party's intended use or any and all other matters.

Neither M. Edwards its directors, officers, agents, advisors, or affiliates makes any representation or warranty, express or implied, as to accuracy or completeness of the any materials or information provided, derived, or received. Materials and information from any source, whether written or verbal, that may be furnished for review are not a substitute for a party's active conduct of its own due diligence to determine these and other matters of significance to such party. M. Edwards will not investigate or verify any such matters or conduct due diligence for a party unless otherwise agreed in writing.

EACH PARTY SHALL CONDUCT ITS OWN INDEPENDENT INVESTIGATION AND DUE DILIGENCE.

Any party contemplating or under contract or in escrow for a transaction is urged to verify all information and to conduct their own inspections and investigations including through appropriate third party independent professionals selected by such party. All financial data should be verified by the party including by obtaining and reading applicable documents and reports and consulting appropriate independent professionals. M. Edwards makes no warranties and/or representations regarding the veracity, completeness, or relevance of any financial data or assumptions. M. Edwards does not serve as a financial advisor to any party regarding any proposed transaction. All data and assumptions regarding financial performance, including that used for financial modeling purposes, may differ from actual data or performance. Any estimates of market rents and/or projected rents that may be provided to a party do not necessarily mean that rents can be established at or increased to that level. Parties must evaluate any applicable contractual and governmental limitations as well as market conditions, vacancy factors and other issues in order to determine rents from or for the property.

Legal questions should be discussed by the party with an attorney. Tax questions should be discussed by the party with a certified public accountant or tax attorney. Title questions should be discussed by the party with a title officer or attorney. Questions regarding the condition of the property and whether the property complies with applicable governmental requirements should be discussed by the party with appropriate engineers, architects, contractors, other consultants and governmental agencies. All properties and services are marketed by M. Edwards in compliance with all applicable fair housing and equal opportunity laws.


DOCUMENTS:

Questions? Contact Us!

Monty Edwards

(806) 686-6371

monty@medwardsland.com

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