STARTING BID: $750,000

PREVIOUSLY LISTED FOR $875,000

PRE AUCTION OFFERS DUE NOW THRU JUNE 30TH, 2026
AUCTION BIDS DUE JULY 14TH, 2026 NOON CT

PRE AUCTION OFFERS

• A Buyer may elect to submit a Pre Auction rather than participate in Auction bidding.
• Pre auction offers may be submitted on a standard TAR (Texas Association of Realtors) purchase contract. Pre Auction offers may have any contingency a buyer requests.
• A Pre Auction offer must be submitted no later than June 30th, 2026. The offer will state the buyer will remove all contingencies no later than July 1st, 2026 or close escrow by that date. If the Buyer removes contingencies or closes escrow no later than July 1st, 2026, the auction will be canceled.
• Your Pre Auction offer submitted on a TAR purchase contract must state that the 3% Buyer’s Premium is included in your offering price.
• No exceptions to the date deadlines will be accepted.
• The buyer must provide a 10% deposit with their offer, proof of funds to close the purchase and a lender approval letter (if applicable).

AUCTION BIDDING

• Your sealed bid must be submitted on the Premiere Estates sealed bid auction purchase contract.
• Qualifying round bids must be submitted July 14th, 2026 Noon CT and must be emailed Mmische@PremiereEstates.com.
• The top 50% bids (by price) of the qualifying round bids received, those bidders will be notified by July 14th, 2026 3:00pm CT, they are approved to submit their final bid.
• The bidders, which have qualified to bid in the Final Bid round, their bid is due on July 15th, 2026, Noon CT.
• Both the qualifying and final round bids must be provided on the Premiere Estates Sealed Bid auction purchase contract.
• Escrow Shall close no later than August 15th, 2026.
• The Sealed Bid auction purchase is available on PremiereEstates.com at the property listing.

OTHER TERMS

• A 4% buyers premium must be included in your auction bid.
• A 2.5% commission will be paid to the real estate agent/broker who registers and represents the buyer who purchases the property.
• The buyers agent must submit the Agent Registration Form available at PremiereEstates.com to be paid a commission.
• The property is sold in AS IS condition.
• The Seller is not making any repairs.
• The property will be conveyed free and clear of liens and encumbrances save and except for the permitted exceptions which may include any
  existing easements, rights of way, prescriptive rights whether of record or not, recorded existing restrictions, covenants, conditions, oil and gas
  leases, mineral interests, water interests outstanding in person other than Seller and other instrument, other than conveyances of the surface fee
  estate that affect the property, validly existing rights of adjoining owners in any walls and fences situated on a common boundary, any discrepancies,
  conflicts, or shortage in area or boundary lines, any encroachments or overlapping of improvements, all right, obligations and other matters
  arising from existing by reason of any applicable governmental district, agency or authority, any liens as to which the title insurer shall provide
  coverage under the terms of its policy, including special endorsements and current taxes will be pro-rated as of the date of closing.

DUE DILIGENCE AVAILABLE

• Sellers Property Disclosures
• Listing Agent Disclosures
• Preliminary Title Report
• Sealed Bid Auction Contract