REAL PROPERTY: 3 Bedroom, 2 Bath, 2344 sq ft Brick Home located midway on the 4th fairway of the Margaritaville Resort Course at Lake Conroe. ALL NEW, FRESH REMODEL WILL BE COMPLETED BY SALE DAY - NEW CABINETS, NEW APPLIANCES, NEW FLOORING, NEW BATHROOMS, NEW PAINT. Situated across the street from the lake. With the purchase of the former La Torretta Lake Resort and Spa, Jimmy Buffett has initiated a complete renovation of the Resort including the Hotel and Spa. Now known as the Margaritaville Resort and Spa with your purchase you will enjoy the lake, golf, tennis and spa in the newly renovated resort community that's just minutes to Interstate 45 with easy access to Downtown Houston.

LIVE AUCTION: The Home will be offered for sale in a live, audible Auction, conducted by a licensed Auctioneer on SATURDAY AFTERNOON, MAY 30 at 5:00PM CDT. The auction will be conducted on-site, at 77 La Costa Drive in Montgomery, Texas. On-site registration will begin at 3:00pm on the day of the Auction. The Home will sell "AS IS". It is the sole responsibility of

potential Buyers to inspect and research the property prior to the auction.

REAL ESTATE TERMS: A 10% Buyer's Premium will be added to the high bid attained at Auction to constitute the Total Contract Price. The Non-Refundable 10% Buyer's Premium will be paid the day of the Auction when the Contract is executed by cash, cashier's check or a personal/business check will be accepted if accompanied by a "Bank Letter of Guarantee". The balance will be due at Closing, on or before, Friday, July 10, 2020 at 5:00pm CDT. Buyer is responsible to attain his or her own financing prior to closing.

ONLINE BIDDING: If you are unable to attend the live auction held at 77 La Costa Drive in Montgomery, Texas...you can participate in real-time online bidding that will be available through PROXIBID beginning at 4:30pm CDT on the day of the auction. Pre-registration with PROXIBID is required.

AGENT INCENTIVE: Real Estate Agents are eligible to receive a 2% commission. Bring your Buyer and co-register the day of the auction. The Real Estate Agent of the successful Buyer will receive a 2% commission of the auction strike price to be paid the day of Closing. Real Estate Agents participating as a Principal to the transaction or are an Immediate Family Member of the Buyer are ineligible for the Agent Incentive.

OPENING BID: $100,000

REAL ESTATE PREVIEW: This property my be viewed by appointment only. Call to schedule an appointment.

Contact Tony Langdon at 214.876.5950 for additional information

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