Lot 3 of 7:
640 Acres in Culberson County, Texas: Investment Opportunity!  
Click image to enlarge
Lot closed - unsold

 

>Regular price is $138,000 and today only $80,000! 

Less than $145 an acre if you buy outright!!

This is a Straight Sale ITEM:  You pay $80,000 + a 15% buyer's premium and $249 processing fee and you own the property. Total price is $92,249! Or you can buy on Terms: $700 a month at 8.5% plus the escrow for taxes and a 15% buyers premium on your down payment only. Your bid is the down payment against the $80,000 purchase price and will be deducted.

 

Guaranteed Free & Clear Title!

ABOUT CULBERSON COUNTY;

Own your own gorgeous Texas Ranch! This beautiful piece of property would make for a great home site or horse ranch! Culberson County is located in the Trans-Pecos region of West Texas. It is bordered by New Mexico to the north and by Hudspeth, Reeves, and Jeff Davis counties in Texas. Van Horn, the county seat, is approximately 120 miles east of El Paso in the southwestern part of the county. At an elevation of 4,200 feet, this is a natural habitat for antelope, dove, quail, jackrabbits and an abundance of other small wildlife. Wonderful mountain views and wide open spaces for whatever your needs. Interstate Highway 10 and U.S. Highway 80 cross southern Culberson County from east to west; U.S. Highway 90 enters the county from the south and terminates at Van Horn. Great investment property or future retirement living. Culberson County comprises 3,815 square miles of terrain that varies from mountainous to nearly level, with elevations ranging from 8,751 feet on Guadalupe Peak, the highest spot in the state, to 3,000 feet. The county is in the Rio Grande basin. The Guadalupes are also the home of several endangered or locally rare plant species, including bigtooth maple, ponderosa pine, chinquapin oak, Rocky Mountain juniper, Texas madrone, and Mexican buckeye, and of the only elk in Texas. Today Culberson County is best known as the site of Guadalupe Mountains National Park, which includes Guadalupe Peak and tourism has become increasingly important to the local economy (especially with the closeness of Carlbad Caverns in New Mexico). In 1990 the county population was 3,407; Van Horn was the largest community. Convenient access to the Great Rio Grande River nearby. You can build a home, install a manufactured home, or use an mobile home, RV or camper. Horses are permitted, and there's hunting in the area too.

 

Item # 03968
APN Legal Description-AB 2401 Block 86 Section 5 PSL. Parcel ID-1055/1
Parcel Size (Approx) 640 Acres
Location Culberson County, TX

Interest Rate N/A Type Raw land
 Access  There is limited direct access to property. Liens None
 Phone  In the area! Sewer/ Septic None
Roads Dirt & Paved Property Taxes Less than $2,000 a year!
Dues None Deed Type  Warranty
Zoning Agricultural,Recreation, Residential County Phone  432-283-2977

 


Tags: Foreclosure Closeout, Liquidation

 

TERMS
You bid amount is your down payment on the property and is deducted form the $80,000 sales price.  There is also a 15% buyers premium and a $199 processing fee on your initial bid and invoice.   

You then make monthly installment payments of $700 a month at 8.5% interest.

Categories: Straight Sale

Coming soon ...

Coming soon ...

Terms and conditions

Contract

Your Bid is a Contract.
 
Place a bid only if you're serious about buying the item. If you are the successful and winning bidder, you have entered into a legally binding contract to purchase the property bid on from the seller. You should contact the seller to resolve any questions before bidding.
 
Payment Commitment

YOU acknowledge that if you are the winning bidder, there will be an initial payment of $50 USD charged to your credit card on file.

You understand that this payment is to secure your purchase and will be deducted from your invoice total. You also acknowledge that you have three (3) business days to contact GovernmentAuction.com to arrange payment for the remaining balance.

If you do not contact GovernmentAuction.com you acknowledge that your credit card will be charged the remaining balance on the fifth (5) business day.

 
Payment Details
NOTE** Make sure before bidding that you read all the terms for the specific Lot you are bidding on.
 
Land - Straight Sale: What you bid is the price for this property plus a 15% buyer’s premium and low processing fee of $249.00. Most images are of the general area and may not be of actual property.
 
Land - Bid and Assume: Your bid is for the down payment and then you will assume the low balance/monthly payments noted in the terms section of the property you have won plus a 15% buyer’s premium and a low processing fee of $199.00. Most images are of the general area and may not be of actual property.
 
We charge $6 per month collection fee - yearly taxes will be prorated over 12 months. The Collection fee and yearly taxes will show on your payment coupon along with your monthly payment.
 
Taxes
Local Taxes Apply
 
Terms and Conditions
All parcels must be paid for within 5 working days by the respective purchaser. A few properties will be offered as Bid and Assume sales. Your bid on these types of properties is your down payment, you then will assume the low balance and low monthly payment (noted in the terms on that specific property). You will be able to identify these foreclosure properties by their listing lines (Bid and Assume with monthly payment). GovernmentAuction.com will prepare all paperwork to insure a proper transaction. Once paid in full, property will be deeded by legal binding warranty deed.
 
Online Bidding
You are required to keep your login information in a safe and secure location. For this reason, the person posting bids online is assumed to be the account holder. Bids may be retracted up to 1 hour before the start of auction, however anytime thereafter, your bid is your contract.