Lot # : 1 - 112 Sunrise Dr, Canyon Lake, TX

Online Only Auction
Canyon Lake Cottage up for auction
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Price Realized:
144,000.00 USD
Shipping Not Available
Canyon Lake, TX 78133
Date(s)
10/25/2024 - 12/3/2024
AUCTIONEER INFORMATION
Catalog
Canyon Lake Cottage up for auction
Bidding Notice:

Internet only bidding for this auction, please read all auction terms prior to bidding.

Information
Lot # 1
Estimate 160,000.00 - 210,000.00 USD
Group - Category Real Estate - Residential
Lead 112 Sunrise Dr, Canyon Lake, TX
Description
2 BR, 2 BA Property Information: Property ID: 9270 Legal Acreage: 0.43 acres GEO ID: 130210109700 Legal Description: CANYON LAKE FOREST 3, LOT 1097 Tract or Lot: 1097 Abstract Subdivision Code: 130210-3 Neighborhood Code: 355B603 Yr built: 1994 Features: fenced in yard, tile flooring, central AC, enclosed rear porch, several fig trees
Name Canyon Lake Cottage For Sale @ Auction
Auctioneer
New Braunfels Auction Co
Type Online-Only Auction
Date(s) 10/25/2024 - 12/3/2024
Auction Date/Time Info
Auction will be online from Oct. 26th through December 3rd. It will begin closing at noon, CST
Preview Date/Time Preview will be during the open house on November 9th and 30th, from 10 am until 3 pm.
Checkout Date/Time Checkout will begin after the auction closes. a $5,000 earnest payment must be made within 3 business days. That money will be held until the closing takes place.
Location
112 Sunrise Dr
Canyon Lake, TX 78133
Buyer Premium 10% added to the final hammer price
Description
Introducing a well-located 2-bedroom, 2-bath home near Boat Ramp 5, ideal for investors, first-time buyers, or as a vacation property. This residence offers approximately 1,000 sq. ft. of living space, complemented by an additional 220 sq. ft. sunroom. The kitchen features a bright and functional layout with ample storage, a bonus pantry, and a glass cooktop. The adjacent dining area is enhanced by vintage decor lighting and French doors leading to the sunroom, which is designed for entertaining or relaxation with its abundant windows and ceiling fans. The fenced backyard includes a small wooden deck, suitable for BBQs or outdoor seating. This property presents a strong opportunity for investment or personal use. Come to one of the posted previews to explore its potential. Property Information: Property ID: 9270 Legal Acreage: approx. 0.43 acres GEO ID: 130210109700 Legal Description: CANYON LAKE FOREST 3, LOT 1097 Tract or Lot: 1097 Abstract Subdivision Code: 130210-3 Neighborhood Code: 355B603 Core35 Realty will be the seller's broker. They can be reached at 830-542-9353. Their offices are located at 421A S. Seguin Ave, New Braunfels, TX
SERIOUS BIDDERS ONLY. All bids are a legally binding to the New Braunfels Auction Company, LLC. Please inspect, or have a representative inspect, the property for your use and utility as all sales are final. If you have any questions, please feel free to call 830-358-7225. There will be a 10% buyer's premium added to the final bid on the real estate. We will require $5,000 down within 24 hour as non-refundable earnest money if you are the successful bidder. Balance due at closing in 30 to 45 days later. To enable bidding, a bank statement or letter of credit must be presented to the auction company. It is the buyers' responsibility to understand and comply the Terms and Conditions of the sale. Per the stated Terms of Sale, this property is sold AS IS WHERE IS WITH ALL FAULTS, if any, including any building violations for the property that may apply (including but not limited to fines and penalties). Placing a Bid: All bids placed are Max Bids. The system will enter the next bid increment and enter your bid as a maximum bid. Exception: If the bidder enters a bid equal or above the reserve amount, then the system observes the reserve amount as the next increment. Tied Bid: In the case of a tie bid, precedence is given to the earliest bid. Auction Soft Close: If a lot receives a bid within the last 5 min. it will remain open for an additional 1 min. " If any further bidding occurs, the extension timer will reset to 1 min. " If no further bidding activity occurs, the lot closes when the timer runs out. Bidders are urged and cautioned not to wait until the final seconds of the auction to place bids. Bids not recognized by the auction software when the time expires will not be accepted. Note: If a bid is recognized by the auction software during the final seconds, the screen may display "00.00" in time left. It can take a few seconds for the clock to reset. The bid will trigger an extension on the lot and 5 minutes will be added. This is built into the software and is not controlled by the auctioneer. 1. Successful bidder will sign a standard Offer to Purchase form within 24 hours of the close of the auction. Offer will be a cash offer with no contingencies of any kind. 2. Earnest money shall be $5,000 and will be collected within 24 hours of the close of the auction. These terms may be amended or adjusted for clarification prior to closing
Your bid must adhere to the bid increment schedule.
Bid Amount Bid Increment
0.00 - 1,000.00 10.00 USD
1,000.01 - 10,000.00 100.00 USD
10,000.01 - 750,000.00 1,000.00 USD
750,000.01 - 9,999,999.99 1,000.00 USD
Currency USD
Buyer Premium 10% added to the final hammer price
Payment Terms
There will be a 10% buyer's premium added to the final bid on the real estate. We will require $5,000 down within 24 hours as non-refundable earnest money if you are the successful bidder. Balance due at closing in 30 to 45 days later.
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