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

Auction Location:
www.tranzon.com

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:
o Electricity: On Site10
o 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

Kelly Toney
Tranzon Asset Advisors 888-791-7307 ext. 88
www.tranzon.com ktoney@tranzon.com

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

Parlor and holding area complex built in 1994. 36x80 parlor with 14x80 milk room and utility room, 14x80 north side addition is for the office, employee room, bathroom and storage area. Building is metal clad, concrete walls and floors,

Double 12 Germania herringbone parlor with ATO, two 4000 gallon Mueller bulk tanks, Delaval 2000 gallon tank and plate cooler. Holding area is 36x69/crowd gate and return alleys. Land, crops, and cattle are all 100% ORGANIC!!

Machine shed is 55x100x14, gravel/dirt floor, sliding doors, and a service door.

Freestall Barn #1(1994) 102x308 6-row w/350 stalls w/water mattresses, alley scrappers and rubber in alleys.

Barn #2 120x700(2016) bedding pack barn(could hold 680 stalls) Tunnel ventilation w/24-72" fans/also stand by generator.

Manure solids are removed with a screw press and moved with conveyor to a 40x40 bedding storage shed. Liquids are pumped to an exterior 3 million gallon clay lined manure pit.

Bunker Silos 160x180 (3-55x160 1- 45x160) concrete walls and floor w/ approach.

Commodity shed is 48x70 concrete walls and floors.

Irrigation pivots in Section 16 and 14

Section 16 has a 4 and 5 tower Reinke pivots, irrigation pump w/ 60 HP electric motor, 500 GPM.

Section 14 has tow 4 tower full pivots and a 3 tower sweep pivot, T & L pivots, Flo Serve pump w/60HP Electric Motor. 500 GPM.

Buildings in SWSW Section 3-24N-9W

34x100 with milk house (12x18).

Machine shed 54x88 1/3 concrete floor and 2/3 dirt floor. Lean to on north side is for cattle and is 20x64, concrete floor waterer, and one outside waterer.

Cattle shed is 50x64x12 1/3 concrete floor w/ outside waterer.

Hay shed 38x60x12 used for storage w/12x60 and 24x48 lean to.(dirt floor)

Newer heifer barn 120x132x14 Insulated curtain sides concrete floor, center drive thru feed alley, bed pack type barn

with 36x24 bedding addition and 8x9 water room.

Buildings in NWSE Section 14-24N-8W

Shed 12x32 wood siding, metal roof, and concrete floor.

House is a larger two story with a two car attached garage on the north side. Shingled roof, vinyl siding, newer windows, fully insulated, LP furnace with central air. There is a kitchen, living room, dining room, three bedrooms, two bathrooms, office, full basement, and some remodeling.

Mobile Home 16x70 3-bedroom 1.5 bathrooms, and LP furnace. (employee housing)

Employee housing was built in 2014, two story with concrete walls and metal roof. Two separate floors and each floor has a kitchen/living room, four bedrooms, bathroom, and LP heat w/central air. (32x32)

House is a two story with a kitchen/dining room, living room, three bedrooms, 1.5 bathrooms, electric heat,shingle roof wood siding, 1/4 basement with stone foundation and dirt floor.
Garage is 24x30, two overhead doors, concrete floor, shingle roof, and wood siding.

House is a large two story house with, additions and has been remodeled over the years including drywall, wiring, plumbing, kitchen, flooring. Main floor has a kitchen, dining room, bathroom, office and entry area. Upstairs has 3-bedrooms, with a bathroom. Basement is partially finished with spray foam insulation. LP furnace and central air, 200amp electric service, 26x30 attached garage. Currently rented for $1,000.00/month plus electricity.
Detached garage is older, 20x22, two car, w/concrete floor.