Toledo Bend Waterfront Lot For Sale at Online Only Auction
SELLING TO THE HIGHEST BIDDER!!
Ended: 12/10/19 at 2:00 PM CST
Located close to Shadows Landing, South Pointe Subdivision lot 47 measuring 0.89+/- acres plus leaseback. Subdivision requirements include site built of 1,700 minimum square feet allowing placement of RV meeting certain guidelines on lot for a period of 3 years. The lot offers breath taking views clear across to Texas and the most amazing afternoon sunsets. A private boat launch for the subdivsion available. Yearly HOA fees are $100.
This is the perfect lot to CAST YOUR CARES AWAY!
Toledo Bend Information:
BassMaster Magazine named Toledo Bend the No. 1 bass fishing lake in the nation for a historic 2 years in a row, 2015-2016 and 2016-2017.
From the dam site, the reservoir extends 65 miles upriver to Logansport, Louisiana, and inundates land in Sabine, Shelby, Panola, and Newton Counties in Texas, and Sabine and DeSoto Parishes in Louisiana. It was constructed for the purposes of water supply, hydroelectric power generation, and recreation. In all, the lake normally covers an area of 185,000 acres.
As a result of rapid industrial development and the changing demands of an evolving economy during the late 1940’s, the people of the Sabine River area, both in Texas and Louisiana, realized a need to provide for the future of the area.
Property Address: 130 Excalibur Drive, Many, LA 71449
REAL ESTATE TERMS & CONDITIONS
REGISTRATION: In order to register for the auction you must submit a bank letter of guarantee, or a pre-approval letter from a finance company after you have registered online.
BUYERS PREMIUM: 10% will be added to the final bid price, to be included in the total purchase price. For example, if the property sells for $100,000.00, then the total sales price would be $110,000.00.
DEPOSIT: 10% down day of auction. Balance due at closing on or before 30 days. Guaranteed good title. For example if the property sells for a total sales price of $110,000.00 including buyer’s premium, then a deposit of $11,000.00 would be put down the day of the auction.
FINANCING: Purchasers to obtain their own financing. Purchase Agreements are not subject to financing or qualification. All bidders are encouraged to pre-qualify.
DISCLAIMER: All property to be sold “as is, where is”, with any and all faults and no implied warranties by Seller or Auctioneer. Please feel free to have an inspector or contractor look at the property with you. All information and dimensions were derived from sources believed correct but are not guaranteed. Buyers shall rely on their own information, judgment, and inspection of the property and records, including, but not limited to, all documents recorded in the county or parish where the property is located. All announcements from the auction block will take precedence over any previously printed material or any other oral statements made. Properties not sold absolute will be offered subject to seller’s confirmation within 2 business days. LA Lic#818 TAXES: Taxes will be pro-rated.