Tract 1: 330.00 Acres M/L with approximately 314.26 tillable acres

Tract 2: 251.00 Acres M/L with approximately 248.52 tillable acres

Tract 3: 181.35 Acres M/L with approximately 162.00 tillable acres and 19.35 acres of timber

The three tracts will be offered individually on a price-per-acre basis via an online-only auction, where each tract will be bid on separately and will not be combined. Bidding is open now and will close at 3:00 PM CST on Thursday, October 9th, 2025. Interested bidders must register and submit bids through Peoples Companys online auction platform. Visit our website.

The current tenant and his father have farmed the ground for over 30 years and have been great stewards of the land. He would like to continue farming it, so if the buyer is interested in keeping him as the tenant, please contact the Listing Agent.

Auction Details & Terms

Burleson County, Texas Land Auction

762 Acres M/L

Offered in Three Tracts

Bidding is currently live and ends on Thursday, October 9th, 2025, at 3:00 PM CT.

ALL BIDS WILL BE ON A PRICE-PER-ACRE BASIS

Sellers: Burleson Farm Series, a series of FCDE, LLC, a Texas series limited liability company

How to Bid: Open up the Peoples Company auction you are interested on our website. Click on any of the BID NOW icons within that auction. This will take you to our Online Bidding platform. Find the auction you wish to participate in and select it. To participate in that auction, click REGISTER TO BID. From there, you will need to create a bidder account. Once your bidder account is created and approved, you can actively bid on the property. Visit our website.

Auction Method: The property will be offered as three tracts. All bids will be on a price-per-acre basis. A bid placed within three minutes of the scheduled close of the auction will extend bidding by three minutes until all bidding is completed. Bid increments will be at the sole discretion of the auctioneer. If you plan to bid, please register 24 hours before the close of the auction. Under no circumstances shall Bidder have any claim against Peoples Company or its affiliates if the Internet service fails to work correctly before or during the auction.

Agency: Peoples Company and its representatives are agents of the Seller. The winning bidder(s) acknowledge that they are representing themselves in completing the auction sales transaction.

Farm Program Information: Farm Program Information is provided by the Burleson County Farm Service Agency. The figures stated in the marketing material are the best estimates of the Seller and Peoples Company; however, Farm Program Information, base acres, total crop acres, conservation plan, etc., are subject to change when the farm is reconstituted by the Burleson County FSA and NRCS offices.

Earnest Money Payment: A 10% earnest money payment is required within 24 hours of the conclusion of the auction. The earnest money payment may be paid in the form of a wire transfer or check. All funds will be held in First American TItle Company's Trust Account.

Closing: Closing will occur on or before Wednesday November, 19th, 2025. The balance of the purchase price will be payable at closing in the form of a wire transfer.

Possession: Early possession will be granted with proof of liability insurance.

Farm Lease: The farm lease has been terminated and the farm is available for the 2026 growing season and will available January 1st, 2026.

Real Estate Taxes: All real estate taxes for 2025 will be prorated between the Seller and Buyer to the date of Closing.

Contract & Title: Immediately upon conclusion of the auction, the high bidder(s) will enter into a real estate sales contract and deposit the required earnest money into First American Title Company's Trust Account. The terms of the signed Real Estate Purchase Contract shall govern the sale and shall supersede all prior negotiations, discussions, representations, or information regarding the sale, including this brochure. The Seller will furnish, at Sellers expense, a current Title Commitment for an Owners Policy in the amount equal to the Total Purchase Price. Buyer will pay the premium for any title insurance policy Buyer chooses to obtain. The Seller agrees to convey marketable title to the property. This sale is not contingent on financing.

Financing: The sale of the property is not contingent upon the Buyer obtaining financing. All financing arrangements are to have been made before bid submission. By bidding, the bidder makes a representation that he/she has the present ability to perform at the bid price and will fulfill all obligations within the Real Estate Sale and Purchase Agreement.

Fences: Existing fences, if any, are in as-is condition and will not be updated or replaced by the Sellers. Not all tract and boundary lines are fenced and if needed, will be the responsibility of the Buyer at closing. Existing fence lines may not fall directly on the legal boundary.

Mineral Rights: Seller will retain 100% of the mineral rights owned.

Other: This sale is subject to all easements, covenants, leases, and restrictions of record. All property is sold on an As is Where is basis with no warranties, expressed or implied, made by the Auctioneer, Peoples Company, or Seller. All bids will be on a price-per-acre basis. Peoples Company and its representatives are agents of the Seller. The winning bidder(s) acknowledge that they are representing themselves in completing the auction sales transaction. Any announcements made on auction day by the Auctioneer or Listing Agents will take precedence over all previous marketing material or oral statements. Peoples Company and its representatives are agents of the Seller, which can accept or reject any and all bids. Bidding increments are at the sole discretion of the Auctioneer. No absentee or phone bids will be accepted at the auction without prior approval of the Auctioneer. All decisions of the Auctioneer are final. This auction is with reserve.

Disclaimer: All field boundaries are presumed to be accurate according to the best available information and knowledge of the Seller and Peoples Company. Overall tract acres, tillable acres, etc., may vary from figures stated within the marketing material. The Buyer should perform his/her own investigation of the property prior to bidding at the auction. The brief legal descriptions in the marketing material should not be used in legal documents. Full legal descriptions will be taken from the Title Commitment.