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16 + Acs Premier Development Land

10444 Rosecroft Drive : Houston, TX 77048

Harris County, Texas

16.89 Acres
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Property Description

Bankruptcy Auction - Premier Development Land- Houston, Tx

Auction Date & Time:

Bidding ends September 15th

at 3:00Pm Et

Property Location:

10444 Rosecroft Drive

Houston, Texas 77048

Bankruptcy Auction. Ordered by the U.S. Bankruptcy Court, Southern District of Texas. 16.89 AC's of undeveloped land near South Acres. Residential and Commercial Development Opportunity. Bids are subject to the approval of the Bankruptcy Trustee and the U.S. Bankruptcy Court.

Don't Miss This Opportunity To Buy Under Market Value...

• 16.89 AC's or 735,593 SF +|- of land

• Access to the property is off of Webercrest Rd.

• Approx. 530' Road frontage on Webercrest Rd.

• Zoning: None

• Topography: Grade level

• Utilities:

• Electricity: On Site

• Water/Sewer: City Water/Sewer

• Flood Hazard: X500

• Market Area: Property is located in the Southeast and South Acres area of Houston.

• Close proximity to 610 Loop, Sam Houston Tollway, I-45 & Hwy 288

Auction Summary of Terms of Sale: All property is sold in “As-Is and Where-Is” condition. A ten percent (10%) buyer's premium for the real estate will be added to the high bid. The total sale price of the property shall be comprised of the high bid plus the buyer's premium. The high bidder shall execute a purchase agreement immediately following the auction and will provide a non-refundable earnest money deposit of ten percent (10%) of the total sale price (high bid + buyer's premium) by certified funds at the time of purchase contract acknowledgment. The balance of the purchase price will be due at closing within the specified time frame in the purchase agreement. Seller will transfer ownership of property by Trustee's Deed or similar instrument. Other terms apply.

Cooperating Broker's Fee: Tranzon Asset Advisors is offering 2% to properly registered brokers. See Broker Acknowledgement Form.

Property : Taa2016

Tranzon Asset Advisors of Texas, LLC 9008058, Kelly D. Toney, TX Auctioneer 11818

U.S Bankruptcy Court, the Southern District of Texas, Houston Division, Case No. 19-36737

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314 Days Ago
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195 Days Ago
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