Online Auction – University Area Residential Dev. Lot

Online Real Estate Auction
University District Development Lot
Development Opportunity! 8,450 +/- SF Lot Blocks from the University of Baylor.
The site is zoned R-2 for Two-Family and Attached Single-Family Residential and lies within the Zone 1 College & University Neighborhood District. The zoning and district allow for SHORT TERM RENTAL (aka AirBnB or VRBO) as well as a BOARDING HOUSE (aka Student Room Rentals). Conveniently located within blocks of I-35 and Baylor University. Although the Lot is zoned R-2, a developer can apply for a variance with the City of Waco for additional development opportunities. Note that R3B, R3C, R3D & R3E Multiple Family District zoning allows for Boarding House with maximum of 8 bedrooms so a variance may be requested with the City of Waco.
Approx. 8,450 +/- SF of land
1/2 Mile from Baylor University
.15 Miles from I-35 Feeder
Approx. 2 Miles from Magnolia Market Silos
Dimensions: 50’ x 169’
Zoning: R-2 – Permitted Uses
Single-Family Dwelling
Single-Family Attached (zero lot line) Dwellings
Two-Family Dwellings, Duplexes
Bed & Breakfast Homestay Establishment
Short Term Rental Type I – Owner Occupied
Short Term Rental Type II – Non-Owner Occupied, Single-Family or Duplex
Boarding House Provided that the boarding house contains a maximum of 6 bedrooms & not more than 1 boarding house structure is located on the lot.
Utilities:
City Water & Sewer
Flood Hazard: None
50’ +/- along Speight Ave
50’ +/- along Alley
Waco, TX, located halfway between Dallas and Austin, is home to Baylor University, Texas Ranger Hall of Fame & Museum and Texas Sports Hall of Fame. Due to the popularity of HGTV’s Fixer Upper show featuring Chip & Joanna Gaines, their Magnolia Market Silo’s project now attracts over 2,000,000 visitors a year.


Tranzon Asset Advisors Texas LLC TX Broker #9008058, Kelly D. Toney, TX Auctioneer #11818
10% Buyers Premium and other terms apply


Property #: TAA1936

Online Bidding ends January 23rd at 2:00pm CT

Preview Date & Time:
Drive by anytime

Property Location:
1418 Speight Avenue
Waco, Texas 76706

Contact Kelly Toney at 888-791-7307 ext. 88 or ktoney@tranzon.com

3 Bedroom * 2 Bath * 2,004 SqFt * 30 x 60 Shop w/Lean-To * 10± acres
Cashion – Logan County Oklahoma
Pipe Fence * Home Office w/ Shop * Inground Storm Shelter
Tractors – Combine – Tillage- Sprayer- Misc
Kenny & Brenda Nealis Auction
Tuesday March 10th 10AM
Location: 3009 S Council Rd, Cashion, Ok, 73016 (located just off Hwy 33)
Directions: From Hwy 33 & Hwy 74 Junction 4.5 miles West on Hwy 33, South on Council and West into. OR From Hwy 33 & Hwy 81 Junction in Kingfisher, Approx 15 miles East on Hwy 33.
Tract 1: House, Shop, and loafing shed with 5.5+/- acres.
This home was built in 1995. It has 3 very nice sized bedrooms with 2 full baths. The master bedroom has a master suite included with large walk-in closet and access to the back porch. The home has an open floor plan that flows from the kitchen and it’s vaulted slatted wood ceiling into the living area where the fireplace is the centerpiece of the room. The mature trees that surround the home and beautifully landscaped back yard give you lots of privacy. The 30x60 shop with concrete floor is insulated and has a small office and a lean to that runs the length of the entire west side. The loafing shed has been used to work and load out cattle and is about 94’ long in its entirety. All of this has pipe fencing and gravel lot. 5.5± acres and shop w/ lean-to make a great combination for endless possibilities. There is also a 20x94 loafing shed. From small business with a shop and home office and graveled lot to being able to tinker in your personal shop just outside the house this is a super opportunity. No restrictions or covenants on land.
Tract 2: 5.4+/- acres that have the Hwy 33 frontage.
This tract consists of 5.4+/- acres of grass that has direct access to Hwy 33. There are no restrictions or covenants on land. Pipe fence.
Tract 3: Tract 1 and Tract 2 combined
This property has endless possibilities from personal to commercial, depending on your needs. Walk out your door and be at work in just a few steps. Maybe you need to work your cattle. There are pens and 5 more acres available to make this work as well. This house and 30 x 60 shop with newer 20 x 60 lean-to with graveled lot, along with the pens and loafing shed sits on 5 acres with an additional 5 acres available that is located just off Hwy 33 frontage. Makes for a perfect home office setup. The pipe fence surrounds the entire 10.45 acres.
Viewing: Appointments can be made with Chris Cameron at 405-368-5946
Utilities: Rural Water – Logan County Dist #2, Electric – Cimarron Electric, Sewer – Septic System
Survey: Seller will provide boundary survey if sold in separate tracts.
Taxes: Combined Tax is $1549 with homestead exemption.
Pre-Offers: Offers will be considered to or before February 26, 2020, 3PM.
Possession: Given at closing.
Legal: 10.45 Acres in SE/4 SE/4 of 19-16N-04W
Terms: 10% of the total purchase price is to be placed into escrow day of the auction with the balance due upon delivery of marketable title. ALL inspections must be done PRIOR to bidding. Financing must be PRIOR to bidding. NO CONTINGENCIES, home sales AS IS condition.
EQUIPMENT TO BE OFFERED AFTER REAL ESTATE
Lot 1 - John Deere 4850 Tractor with GPS, 2630 GreenStar Display, Diesel, 540 PTO – Large, 3 Point, 3 Hyd., MFWD, Diesel, Weights on Front (about 18), Rebuilt 3 pt cylinders, Extra filters, 7819 hours Ser# RW4850P013516
Lot 2 - Landoll 6230-23, 20” Front Discs, 23” Rear Discs, Manual Leveling, Ser# 62E0700254
Lot 3 - 2005 Great plains Drill, 3 Secrtions, 7.5” Spacing, Double Disc, 12”-13” Discs, 9.5L-15 Tires, Ser# GP-51546
Lot 4 - 1981 John Deere 8640 Tractor with 3 Point, 540 PTO – Large, Diesel, New Cab Kit, 4WD, 2 Hyd., 1585 Hours, Extra Filters, Ser# 8640H008112RW
Lot 5 - John Deere 6600 Combine Yellow Top, Diesel, Variable Speed, 20’ Header, 3265 Hours, Extra Parts and Belts, Ser# 256699H Separator, Ser#273690H Header,
Lot 6 - Allis Chalmers 32’ Cultivator with Harrow, SER# 12217
Lot 7 - 1966 Chevy Truck with Hoist, 20’ Steel Bed, 9658 miles, VIN HC6236S149727
Lot 8 – 1999 GMC C7500 Truck with Hoist, 16’ Steel Bed, V-8, 5 Speed, Firestone T559, OHTSU RX128, 83,829 miles, VIN 1GDL7H1D2XJ512383
Lot 9 – 2014 Schaben Transfer Trailer (Nurse Trailer) with Induction System, SER#208561
Lot 10 – 2014 Schaben 3 Point 60’ Sprayer with StarFire GPS/GreenStar Controller, 3 Different Nozzles, 30’ Booms
Lot 11 – Quick Hitch 43 1/2 “ with 1 ½ “ pins
Lot 12 – Cattle Chute (no brand name visible)
There will be smaller miscellaneous items that will be auctioned off day of as well. Some of the items will be Ingersoll Rand Air Compressor, Echo Weedeater, Pipe, Ranchers Vet Supply, Used Tires, Space heater, Air over hydraulic Jack
Terms on Equipment: Cash, Check, Credit Cards due day of the auction.
Internet Bidding: will be available by logging on to www.lippardauctions.com to register. Neither the Auction Company nor the Seller is responsible in the even