About this property

$500,000 IS THE OPENING BID IN THE LIVE AUCTION ON SEPTEMBER 17TH. Selling the home of NFR Qualifiers, Michael and Carlee Otero. This turn-key, newly built property is in the Heart of Horse Country. The Custom Texas home has 4 large bedrooms, 4 full baths, 2 half baths, game room and media room with a balcony. Stall barn with pipe runs, 150x300 lighted pipe arena, stock tank, 4 turnouts with shelters, 40x80 shop with apartment. Property sells AS IS with NO CONTINGENCIES relating to Buyer's Funding, Post Sale Inspections, Appraisals and NO Option Period. LIVE AUCTION WILL BE HELD AT THE OTERO RANCH. Bidder Registration begins at 9am, Live Auction begins at 11am. 10 percent Buyer's Premium will be added to the High Bid Price. Buyer's Premium paid the day of the Auction by Cash or a Personal or Business Check will be accepted if accompanied by a Bank Letter of Guarantee or other Proof of Funds. Remaining Balance is due Thursday, November 3, 2022 at Doster Law Group in Denton.