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Property Type: Land Status:   Closed
   6633 FM 2269, Buckholts, Texas  76518 Auction ID : 101893   
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Milam & Falls County Farmland Auction
Location: 6633 FM 2269
Buckholts, Texas  76518
Time Left: Closed
Auction Date: Sep. 29, 2017
Time: 10:00 am
Winner(s) N/A

Milam & Falls County Farmland Auction

3 Farms totaling 1,284 Acres offered in 11 Tracts – Buy ALL or PART

Auction Day: Friday, Sept. 29th - Selling from Marak Parash Hall at 6633 FM 2269, Buckholts, TX, 76518

10 AM SALE TIME - Registration begins at 9:00 AM.

Preview available Friday September 15th 8am – Noon (Auction representatives available at each farm).

Message from Auctioneer

United Country Coleman & Patterson will be selling three farms owned and co-owned by Mr. Herman Oltmann and Mrs. Garnett M Pampell. All three farms have operated under a sharecropper agreement with tenant farmers. Two of the farms are located in Milam County just north and northwest of Cameron, TX, and the third farm is located on CR 202 in Falls County, TX. The sellers have employed Coleman & Patterson to advertise the farms to the open market and offer them for sale at public auction. Bidders will have the opportunity to purchase farmland tracts (small or large) that they determine most suitable for their needs. Interested parties may call and speak to an auctioneer at 888-300-0005 or by email bret@colemanandpatterson.com for more information.

FARM 1 – 388 Acres Falls County – Located on CR 202 near Highbank

· Offered in 3 Tracts. Tract 1 is 170± Acres, Tract 2 is 176± Acres, and Tract 3 is 42± Acres.

· Bidders will have the opportunity to bid on individual tracts, combinations, or the whole farm.

· Recent years have been planted mainly in corn with 60± acres in soybeans a few years back.

· Land is approximately 78% open farmland and 22% wooded.

· 3,500±ft of CR 202 frontage.

· 830±ft of Brazos River frontage.

· 2950±ft of Mussel Run Creek borders property and another 1,400ft divides tract 3 from 1&2.

· Barbed wire fencing on property. Gate on CR 202.

· Water well(estimated at 60 ft.) and power on property, Located on Tract 1.

· An older irrigation well with of 400 gal/min flow (Has not been verified)

· Tract 3 “Brazos River” Tract will be offered as a swing tract. Bidders must have legal access to tract or must bid on either or both of tracts 1 & 2.

· Marlin ISD, Annual Taxes $2,160±, Owned Minerals to convey this farm only (Believed to be 12.5% but not verified).


· DIRECTIONS TO SITE: Hwy 6 north of Reagan, TX, take CR 202 4.6 miles to property entry on right.

FARM 2 – 615 Acres Milam County – Located on FM 485 and CR 240A

· Offered in 4 Tracts, Tract 1 is 42± Acres, Tract 2 is 80± Acres, Tract 3 is 180± Acres and Tract 4 is 312± Acres. Bidders can bid on any tract, any combination, or the whole farm.

· Recent years have been planted in corn, soybeans, and wheat. This is first year in cotton.

· Current 2017 yields and projections from area farms are 105-115 bu/acre Corn and 3500-3750 lbs/acre Milo, and 1.75-2 bales/acre Cotton.

· Land is mostly open, with some woods along perimeter.

· Big Elm Creek runs along southern boundary. Walker Creek runs along eastern boundary.

· Property features a 64,000 Grain Silo new in 2012. Located on Tract 2.

· Tract 1 includes 1250±ft of FM 485 frontage, pond, and fenced on 3 sides.

· 1250±ft of Little River frontage in southeast corner.

· Rural water meter on FM 485 located on northeast corner tract 1.

· Power runs to Silo on Tract 2.

· Cameron ISD, Annual Taxes $8,064±, Minerals do not convey.

· CURRENT LEGAL (Before Tracts): A0620 TYLER, JOHN K., 615.27 ACRES

· DIRECTIONS TO SITE: From Cameron, Hwy 77 N, right on FM 485, 2 Miles on Right.

FARM 3 – 280 Acres Milam County – Located on FM 2269 near CR 122

· Offered in 4 Tracts, Tract 1 is 63± Acres, Tract 2 is 60± Acres, Tract 3 is 62± Acres, & Tract 4 is 95± Acres. Bidders can bid on any tract, any combination, or the whole farm.

· Early 2017 yields from area farms are 105-115 bu/acre Corn and 3500-3750 lbs/acre Milo, and 1.75-2 bales/acre Cotton.

· Dryland tracts 1,2,&3 are open and planted in cotton, tract 4 is approximately 90% wooded.

· Big Elm Creek runs along western boundary of property.

· Tract 4 offers good cover for Whitetail Deer and Hog Hunting.

· Rural water meter on FM 2269 on property as well as water well and power into property.

· Cameron ISD, Annual Taxes $2,175±, Minerals do not convey.

· CURRENT LEGAL (Before Tracts): A0430 DE PENA, J.A., 280.762 ACRES

· DIRECTIONS TO SITE: Take FM 2269 7 miles north of Cameron, TX Property on left.

· 10% Buyers Premium Applies

· Must have proof of $25,000 cashiers check payable to your-self at registration. Earnest Money deposit will be $25,000 per tract if you are high bidder. The balance of the EM deposit can be in business or personal check.

Thank you for viewing our listing. United Country Coleman & Patterson offices are located in College Station/Bryan & Madisonville, TX and we provide real estate and auction services throughout the state of Texas to Banks, Estates, Businesses, and Individuals in need of moving real estate assets in a timely and effective manner. Our specialty is luxury homes and ranches although we have sold almost every type of real estate at auction. Our office provides cutting edge marketing of local properties to a national and worldwide audience through a network of over 3,000 owned and operated real estate and auction websites. Most of our property listings will be posted on websites that are found on the 1st page of Google searches. United Country is the only real estate company that creates searchable webpages for our client's special property. If you or anyone you know is thinking of buying or selling real estate please contact us at 888-300-0005.

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Milam & Falls County Farmland Auction
Address Information
Street Address 6633 FM 2269
City Buckholts
State/Province Texas
Zip/Post Code 76518
Google Map
Property Information
Lot Size From 40 - 1283 Acres

Listing Agent
Name Tom Patterson

Brokerage Firm Coleman & Patterson

Cell Phone 979-571-2125

Email tom@colemanandpatterson.com

Address 1101 University Drive E, #102 College Station, TX 77840

Auction Basics

Real Estate Buyer Responsibilities

1. 10% BUYERS PREMIUM or $1,500 (Whichever is greater) = Additional fee added to the final bid amount to equal the total contract price.

2. $25,000 per tract EARNEST MONEY in form of Cashiers’ Check payable to yourself, plus remaining balance in business or personal check. Must show proof of funds to register.

3. CLOSE IN 45 DAYS or risk loss of earnest money deposit.

4. NOT CONTINGENT UPON FINANCING - have financial arrangements made before bidding.

5. AS-IS/WHERE-IS - buyer assumes full responsibility as to condition and suitability.

6. ALL PLACED BIDS will be held accountable for 7 business days from auction end date for sellers approval.

7. DEFAULTING and/or fraudulent bidders are responsible for auction commissions plus collection and/or attorney fees and will be reported to authorities.

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This is only a summary. Please review the "Auction Sales Contract" and the complete "Terms & Conditions" below. Please contact our office with any questions prior to placing bids.

Auction Sales Contract

Terms and Conditions
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