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 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.
· 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.
