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Mickle's Valley View Ranch and Canyon West Golf Club 506+/- Acres Offered in 27 Tracts in Weatherford, TX

Weatherford, Texas - Parker County

Owner: Wesley J. Mickle, Mickles Valley View Ranch, Inc. and Canyon West Golf Club, Inc. Thu, Sep 27, 2012

SOLD FOR $4,798,000

FOR MORE INFORMATION, CALL: (615) 636-9602 Beautiful Ranch Estates From 10 Ac. - 23 Ac. • Championship 18-Hole Golf Course on 191+/- Ac. • Commercial/Development Opportunity • Gorgeous Scenic Views • Equestrian Facilities, 4 Homes and Office • 2/3 Mile of Frontage on I-20 • 25 Miles West of Ft. Worth

In Cooperation with:


OPEN HOUSE/INSPECTION DATES

Thursday, September 6, 4-6pm
Saturday, September 15, 9-11am

Meet an Auction Representative at the Canyon West Golf Course Club House for Further Information about the Property and the Auction Process.

PROPERTY LOCATION

25 miles west of Fort Worth on I-20 West. Take Exit #403 to the stop sign and turn left onto Dennis Rd. heading south and crossing I-20 on the overpass. Take an immediate right and travel west on Quanah Hill Rd. Continue three miles to the Canyon West Golf Club entrance and follow the signs.
ADDRESS: 160 Club House Drive, Weatherford, TX 76087.

AUCTION LOCATION

Auction Held on the Premises:
CANYON WEST GOLF COURSE CLUBHOUSE - WEATHERFORD, TX
Canyon West Golf Club 160 Club House Drive, Weatherford, TX 76087

PROPERTY DESCRIPTION



PREMIER RANCH ESTATES
308+/- Acres Adjacent to Canyon West Golf Club
25 TRACTS RANGE FROM 10+/- ACRES TO 20+/- ACRES


Mickles Valley View Ranch was one of the best known cutting horse and race horse breeding and boarding facilities in Texas. In 1997, the Mickle family shifted their focus from the commercial operation of the ranch to the development of the property and Canyon West Golf Club. The ranch features extensive equestrian improvements including two huge mare motels, four homes, two barns, covered pens, fencing, and a drip irrigated pasture.

Offered in 25 beautiful estates, Mickles Valley View Ranch will sell to the highest bidders at the auction. Located in an ideal spot between the Brazos and Trinity Rivers, bounded by Old Mill Creek and surrounded by canyons, mesas, and hills, these secluded tracts feature panoramic views and homesites just a cart ride away from the Canyon West Golf Club.

For those looking at the property as an entirety, it enjoys more than 2/3 mile of frontage along I-20 and a 16ft x 40ft billboard, providing unparalleled visibility and easy access for future development.

The ranch estates are located in Parker County, Texas, just a few miles west of Weatherford, the cutting horse capitol of the world. A quick trip east on I-20 to Fort Worth provides access to world-renowned art, historical, and cultural museums, fine and ethnic dining, quaint boutiques and excellent universities, not to mention a wide variety of seasonal activities and events.


AMMENITIES:
- 308+/- Acres Adjacent to Canyon West Golf Club Offerred in 25 Tracts
- More than 2/3 Mile Frontage on I-20
- 1,530+/- sf Ranch House
- Three Other Houses (1,240+/- sf, 864+/- sf and 576+/- sf)
- 720+/- sf Sales Office
- Heavily Improved Equestrian Facilities
- 40,320+/- sf 41 Stall Covered Mare Motel
- 18,368+/- sf Covered Mare Motel
- 1,536+/- sf Four Stall Stud Barn with 80ft Runs
- 4,800+/- sf Enclosed Hay Barn - 111 Covered Pens
- Improved Pastures, Including 10+/- Acres with Underground Drip Irrigation
- Fenced and Cross Fenced
- 16ft x 40ft Billboard
- Two Lakes Stocked with Florida and Texas Crossed Bass, Bluegill and Catfish
- Five Wells Providing Water from Trinity Aquifer
- Brock Independent School District



CANYON WEST GOLF CLUB
191+/- ACRE AWARD-WINNING PAR 72 GOLF COURSE


Winding through 6,653 yards of Parker County hills, the Canyon West Golf Club is like no other in North Texas. Spectacular mesas frame the magnificent fairways and beautifully designed putting surfaces of the award-winning, 18-hole course. Strategic design and thoughtful layout please avid golfers as they enjoy risk-and-reward play amid Texas rolling topography and native vegetation.

Located just 25 miles west of Fort Worth, the course features and stunning panoramic views, native landscapes, abundant wildlife and unique western scenes. A beautiful 14,882+/- sf club house with panoramic views, a covered pavilion and a fitness center provide first class facilities for large events.

Specific course improvements include a driving range, eight elevated tee boxes, 419 bermuda fairways, Champion greens and a total of 90+/- acres of maintained turf. 13 Trinity Aquifer wells provide water for eight stocked lakes and a waterfall formed from tons of native limestone rock. The course is rated 71.0 / slope 124.


The Canyon West course was named one of the Top Five New Golf Courses in the Southwest by the Dallas Morning News and has received rave reviews from Golf Digest, Par Fore Magazine, Acer Internet Golfer, Southwest Golf Magazine, Texas Monthly, The Arlington Morning News, and Scratch Golfer Magazine.


AMMENITIES:
- Championship Golf Course on 191 +/- Acres
- 6,653 Yards - Par 72 - Rated 71.0 / Slope 124
- Champion Bermuda Greens
- 419 Bermuda Fairways
- Named one of the Top Five New Golf Courses in the Southwest by the Dallas Morning News - Received Rave Reviews by Golf Digest, Par Fore Magazine, Acer Internet Golfer, Southwest Golf Magazine, Texas Monthly, The Arlington Morning News, and Scratch Golfer Magazine.
- 90 +/- Acres of Maintained Turf - Opened 1997
- Designed and Built by Wes and Stan Mickle
- Eight Elevated Tee Boxes
- Panoramic Views of Four Counties
- Eight Lakes Stocked with Florida and Texas Crossed Bass, Bluegill and Catfish
- Two Fountains, One Brook and One Waterfall
- 13 Wells Providing Water from Trinity Aquifer
- 14,882 +/- sf Club House with Panoramic Views Completed 2002, Including Full Kitchen, Bar, Offices, Pro Shop, Cart Storage
- 185 Parking Spaces
- 5,828 +/- sf Event Pavilion
- 1,560 +/- sf Fitness Center / Pool House with Showers
- 5,000 +/- sf Maintenance Shed
- 30ft x 32ft Swimming Pool - Sport Court
- Driving Range / Practice Facility
- Two Native Limestone Restrooms on Course
- Includes Ownership of Canyon West Dr. and Club House Dr. for Unrestricted Access to Course


INTERACTIVE MAP

TRACT MAP(S)

Auctioneer: Rex D. Schrader #13222
Paul A. Lynn & Associates, LLC, Texas Licensed Broker #9000489


PROCEDURE: The property will be offered in 27 individual tracts, any combination of tracts and as a total unit. There will be open bidding on all tracts and combinations during the auction as determined by the auctioneer. Bids on tracts, tract combinations, and the total property may compete.

ABSOLUTE AUCTION: The property will sell to the highest bidder, regardless of price.

DOWN PAYMENT: 10% down payment on the day of the auction with the balance in cash at closing. The down payment may be made in the form of cash, cashiers check, personal check or company check. YOUR BIDDING IS NOT CONDITIONAL UPON FINANCING, SO BE SURE YOU HAVE ARRANGED FINANCING, IF NEEDED, AND ARE CAPABLE OF PAYING CASH AT CLOSING.

DEED: The sellers shall provide a warranty deed.

EVIDENCE OF TITLE: The sellers will furnish an owners policy of title insurance in the amount of the purchase price, subject to standard exceptions and conditions, current taxes not yet due, easements and other matters of record (except liens). A preliminary title insurance commitment will be available to review before the auction.

REAL ESTATE TAXES AND ASSESSMENTS: Real estate taxes and assessments shall be pro-rated to the date of closing.

CLOSING: Closing will be within 30 days after auction or within 15 days of completion of applicable closing documents, whichever is later.

AGREEMENT OF PURCHASE AND SALE: The purchaser(s) shall execute an agreement of purchase and sale, in the form provided by the auctioneer, without modification, immediately after being declared the high bidder.

POSSESSION: Possession will be given at closing. Canyon West Golf Club continues in active operation. Check with the auction staff regarding scheduled events.

ACREAGE: All tract acreages, dimensions, and proposed boundaries are approximate and have been estimated based on current legal descriptions and/or aerial photos.

SURVEY: The sellers shall provide a new survey where there is no existing legal description or where new boundaries are created by the tract divisions in this auction. Any need for a new survey shall be determined solely by the sellers. The sellers and successful bidder shall each pay half (50:50) of the cost of the survey. The type of survey performed shall be at the sellers option and sufficient for the issuance of an owners title insurance policy. Combination purchases will receive a perimeter survey only. Closing prices for tracts 1-26 shall be adjusted to reflect any difference between advertised and surveyed acres. The closing price for tract 27 shall not be adjusted to reflect any difference between advertised and surveyed acres.

ACCESS: All roads and drives located within the auction property, including but not limited to the roads identified as Canyon West Dr. and Club House Dr., will be private drives and will be maintained by the property owner(s), including the auction tract buyers. Auction tracts 1 thru 6, inclusive, have direct access to Quanah Hill Road and auction tract 25 has deeded access to Old Brock Rd. All other auction tracts will have access to public road(s) via private drives (some of which have yet to be constructed) and will be subject to covenants for the construction and/or maintenance of such private drives, as applicable. Auction tracts will be sold together with and/or subject to such easements as may be necessary or convenient to provide all auction tracts with access to public road(s).

MINERAL RIGHTS: The sale shall include all Mineral Rights which may be owned by the sellers, if any, without any warranty as to the nature or extent thereof.

AGENCY AND REPRESENTATION: Schrader Real Estate and Auction Co., Inc. and Rex D. Schrader (as the licensed auctioneer), Paul A. Lynn & Associates, LLC and Paul A. Lynn (as the licensed broker), McLemore Auction Company, LLC, Ameribid, LLC, and their respective agents and representatives, are representing only the sellers in this transaction.

DISCLAIMER AND ABSENCE OF WARRANTIES: All information contained in this brochure and all related materials are subject to the terms and conditions outlined in the agreement of purchase and sale. ANNOUNCEMENTS MADE BY THE AUCTIONEER AT THE AUCTION PODIUM DURING THE TIME OF THE SALE WILL TAKE PRECEDENCE OVER ANY PREVIOUSLY PRINTED MATERIAL OR ANY OTHER ORAL STATEMENTS MADE. The property is sold AS IS, WHERE IS. No warranty or representation, either express or implied, or arising by operation of law concerning the property is made by the sellers or auctioneers, and are hereby expressly disclaimed. In no event shall sellers or the auctioneers be liable for any consequential damages. The information contained in this brochure is believed to be accurate but subject to verification by all parties relying on it. Sellers and the auctioneers assume no liability for its accuracy, errors or omissions. All sketches and dimensions in this brochure are approximate. Conduct of the auction and increments of bidding are at the direction and discretion of the auctioneers. A person may be disqualified from bidding, prior to the opening of bids, if the sellers and/or auctioneers have reason to question the persons identity, credentials, creditworthiness, or ability or willingness to close on the purchase of the property. All decisions of the auctioneers are final.

NEW DATA, CORRECTIONS AND CHANGES: Please arrive before the scheduled auction time to inspect any changes, corrections, or additions to the property information.

SELLERS: Wesley J. Mickle, Mickles Valley View Ranch, Inc. and Canyon West Golf Club, Inc.

None at this time