Auction is over
2-Day Real Estate Auction - 80+ Bank Owned Properties - Commercial, Residential, Land
McAllen, Texas
- Auction dateTue, May 17, 2011 ET
- Auction held atRegistration Opens: 3:00pm Auction Starts: 4:00pm McAllen Convention Center 700 Convention Center Blvd. McAllen, TX 78501
- Thank you for your interest in this exciting auction with 80+ bank-owned commercial, residential and land properties throughout south Texas. Whether you want to invest in an income producing commercial property, move into a beautiful home to enjoy, or develop waterfront land on South Padre Island, our auction events have it all. This brochure will give you an overview of the auction properties. For complete property details and terms and conditions of the auction, please visitnatcomauctions.com/tx. Good luck at the auction!
Auction location
Registration Opens: 3:00pm Auction Starts: 4:00pm McAllen Convention Center 700 Convention Center Blvd. McAllen, TX 78501
Property description
Prop. #116Bank Owned cul-de-sac lots in McAllen Subdivision of Dominion. The 4 lot range in size from .25+/- to .32+/- ac.
Address: 109, 201, 205, 206 Zenaida Ave, McAllen, TX 78504
Inspection: At leisure
Min. Deposit: $25,000
Prop. #11728 Bank Owned Lots in the Lakes Condominium Subdivision
Address: 28 Lots E. Redbud Ave at N. McColl Rd., McAllen, TX 78504
Inspection: At leisure
Min. Deposit: $25,000
Prop. #118C-3 Zoned, .305+/- acre Unimproved Lot on Buddy Owens Blvd.
Address: Buddy Owens (commercial land) McAllen, TX 78504
Inspection: At leisure
Min. Deposit: $5,000
Prop. #119 - SELLING ABSOLUTE!.1377+/- acre Commercial Tract located in the T.C. Downs Subdivision. Zoned "C".
Address: 611 N. Tower Rd. (commercial land) Alamo, TX 78514
Inspection: At leisure
Min. Deposit: $1,000
Prop. #120Commercial Lot with Residential Potential. .7865+/- acre Commercial Lot with Waterview.
Address: Vacant lot end of Valhalla Cove, Brownsville, TX 78520
Inspection: At leisure
Min. Deposit: $10,000
Prop. #1215 Bank Owned Commercial Lots in Bridge Plaza, Phase 2. Lots 12-16 include a total of 1.379+/- acres. Zoned B-3.
Address: Lots 12-16 Bridge Plaza, CD Salinas Blvd, Donna, TX 78537
Inspection: At leisure
Min. Deposit: $5,000
Prop. #1224 Interior Bank Owned Lots in the La Luna Subdivsion. Lot sies range form .1199+/- to .1560+/- acres
Address: 5 lots - La Luna subdivision, Edinburg, TX 78539
Inspection: At leisure
Min. Deposit: $5,000
Prop. #1231.0138+/- acre Bank Owned Commercial Lot located in Fair Haven Village Commercial Subdivision.
Address: Lot 3; Fairhaven Village; Raul Longoria Rd., Edinburg, TX 78542
Inspection: At leisure
Min. Deposit: $1,000
Prop. #124 - SELLING ABSOLUTE!.1377+/- acre Bank Owned Residential Lot in Hickory Hill. Located on Kingbird Drive.
Address: 1 lot - Hickory Hill subdivision, Harlingen, TX 78550
Inspection: At leisure
Min. Deposit: $1,000
Prop. #12521,000+/- Square Foot, Rectangular Commercial Lot on the corner of Van Burnen and J Street. Zoned L1.
Address: 1101-1105 West Van Buren, Harlingen, TX 78550
Inspection: At Leisure
Min. Deposit: $5,000
Prop. #126 - SELLING ABSOLUTE!.14+/- ac Bank Owned residential lot in Vista Verde Phase 2.
Address: 3017 Linda Vista Avenue, Harlingen, TX 78552
Inspection: At leisure
Min. Deposit: $1,000
Prop .#1275 Bank Owned lots in Las Arboldedas de Hidalgo; rectangular and corner lots Included. Base taxes per property are $491/lot, and utilities are available.
Address: 7 lots - Las Arboldedas de Hildago, Hildago, TX 78557
Inspection: At leisure
Min. Deposit: $10,000
Prop. #12822 single family residential sites located in Phase 1 and 3 of the Mariposa Ranch Subdivision.
Address: 22 lots - Mariposa Ranch, La Feria, TX 78559
Inspection: At leisure
Min. Deposit: $25,000
Prop. #129Bank Owned residential building lots located in El Caribe Estates.
Address: 27 lots El Caribe Estates, La Feria, TX 78559
Inspection: At leisure
Min. Deposit: $25,000
Prop. #13016 residential lots located in the Las Flores Del Valle Subdivision. 13 standard rectangular lots and 3 corner lots
Address: 16 lots - Las Flores del Valle, Mercedes, TX 78570
Inspection: At Leisure
Min. Deposit: $10,000
Prop. #13131.17+/- ac Bank Owned agricultural/commercial tract in Mercedes, TX.
Address: NE corner of Mile 2-1/2 W. & Mile 8 N., Donna, TX 78537
Inspection: At leisure
Min. Deposit: $1,000
Prop .#13223+/- ac in West Addition to Sharyland. Acreage includes existing structures.
Address: 23 Acres 4 Mile Line and Trosper Road, Alton, TX 78572
Inspection: At leisure
Min. Deposit: $25,000
Prop. #1331.2992+/- ac commercial lot located on high traffic corner.
Address: 1 lot - NW corner of Goodwin Rd & Veterans Blvd, Palmview, TX 78574
Inspection: At leisure
Min. Deposit: $10,000
Prop. #134Bank Owned Acreage! 4.13+/-ac on street with good visibility and high traffic counts.
Address: Lot 8, Block 5, A.J. McColl Subdivision, McAllen, TX 78577
Inspection: At leisure
Min. Deposit: $1,000
Prop. #135 - SELLING ABSOLUTE!2 residential lots (Lots 129 & 146) located in Pharrs Rio Vista Estates Subdivision. Zoned R-1
Address: 8504 AND 8421 S. Hildago Street, Pharr, TX 78577
Inspection: At leisure
Min. Deposit: $1,000
Prop. #1363.96+/- ac tract with frontage on Jackson, El Dora, and Goldfinch.
Address: 3308 N. Jackson, Pharr, TX 78577
Inspection: At leisure
Min. Deposit: $25,000
Prop. #1376 residential single multiple acreage tracts in Lion Lake Subdivision. Lot sizes range from 4.77+/- to 11.62+/- ac.
Address: 6 lots - Lions Lake Subdivision, Progreso, TX 78579
Inspection: At leisure
Min. Deposit: $25,000
Prop. #138INCOME OPPORTUNITY! Bank Owned .243+/-ac residential multi-family lot in Rio Grande Citys Trophy Plex Subdivision.
Address: Lot 10 Trophy Plex (Cornerstone Loop) Rio Grande City, TX 78582
Inspection: At leisure
Min. Deposit: $1,000
Prop. #139INCOME OPPORTUNITY! Bank Owned .269+/- ac residential multi-family lot in Rio Grande Citys Trophy Plex Subdivision.
Address: Lot 6 Cedarwood Dr., Rio Grande City, TX 78582
Inspection: At leisure
Min. Deposit: $1,000
Prop. #140INCOME OPPORTUNITY! Bank Owned .284+/- ac residential multi-family lot in Rio Grande Citys Trophy Plex Subdivision.
Address: Lot 7 Trophy Plex (Cedarwood Dr) Rio Grande City, TX 78582
Inspection: At leisure
Min. Deposit: $1,000
Prop. #141INCOME OPPORTUNITY! Bank Owned .23+/- ac residential multi-family Lot in Rio Grande Citys Trophy Plex Subdivision.
Address: Lot 8 Trophy Plex (Cornerstone Loop) Rio Grande City, TX 78582
Inspection: At leisure
Min. Deposit: $1,000
Prop. #142INCOME OPPORTUNITY! Bank Owned .243+/- ac residential multi-family lot in Rio Grande Citys Trophy Plex Subdivision.
Address: Lot 9 Trophy Plex (Cornerstone Loop) Rio Grande City, TX 78582
Inspection: At leisure
Min. Deposit: $1,000
Prop. #14312 residential lots located in quiet Arroyo City Subdivision. Lot sizes range from .50+/- to .63+/- ac.
Address: 12 lots - Heron Cove Subdivision, Arroyo City, TX 78583
Inspection: At leisure
Min. Deposit: $25,000
Prop. #14491.515+/- ac Bank Owned tracts in Barreda Gardens; Lots 23, 24, 25, 26, & 27 of Block 18.
Address: 91.515 acres, Lots 23 to 27, Blk 18, Brownsville, TX 78586
Inspection: At leisure
Min. Deposit: $25,000
Prop. #145Bank Owned residential lots located in San Juans Paseo Del Sol Subdivision. 15 standard rectangular lots, zoned RS.
Address: 15 Lots - Paseo Del Sol Subdivision, San Juan, TX 78589
Inspection: At Leisure
Min. Deposit: $10,000
Prop. #146 - SELLING ABSOLUTE!.1623+/- ac Bank Owned lot in the gated community of Valencia Village.
Address: 1703 Star Ruby Dr. San Juan, TX 78589
Inspection: At leisure
Min. Deposit: $1,000
Prop .#147.18+/- ac residential lot located in Phase 1, Paseo Del Sol Subdivision.
Address: 5104 Dorado Dr, San Juan, TX 78589
Inspection: At leisure
Min. Deposit: $1,000
Prop. #148Rectangular 4.55+/- net acres on the west side of Raul Longoria Rd to the South of Eldora Rd.
Address: West side of N. Raul Longoria Rd., San Juan, TX 78589
Inspection: At leisure
Min. Deposit: $10,000
Prop. #149Bank Owned lots in desirable Tierra Santa Golf Community. Lot 15 Phase 2 includes .3087+/- ac. Lot 27 Phase 1 includes .5447+/- ac.
Address: 2 lots - Tierra Santa Golf Course, Weslaco, TX 78596
Inspection: At leisure
Min. Deposit: $5,000
Prop. #15020 residential lots in The Village Green Subdivision; Lots 3-8, 11-12, 16-20, & 57-63. Lots include 12 standard rectangular, 2 corner lots, and 6 cul-de-sac lots.
Address: 20 lots -The Village Green, Weslaco, TX 78596
Inspection: At Leisure
Min. Deposit: $10,000
Prop. #15124 Bank Owned residential lots in The Village Green Subdivision; Lots 29-38, 40-49, and lots 71-74. 21 standard rectangular and 3 corner lots.
Address: 24 Lots - The Village Green, Weslaco, TX 78596
Inspection: At leisure
Min. Deposit: $10,000
Prop .#15224 Bank Owned rectangular residential building lots located in The Village Green Subdivision; Lots 1-2, 21-28, 50-56, and 64-70.
Address: 24 Lots - The Village Green Subdivision, Weslaco, TX 78596
Inspection: At leisure
Min. Deposit: $10,000
Prop. #153 - SELLING ABSOLUTE!3 Bank Owned lots in the Weslacos established and gated community of Paseo Del Angel. Lots range in size for .2090+/- to 02341+/- ac.
Address: 3 Lots - Paseo Del Angel, Weslaco, TX 78596
Inspection: At leisure
Min. Deposit: $5,000
Prop. #154Free standing comm. property located on 2.08+/- ac, and a total area of 23,220+/- sf Incl. office, multiple whses, and retail space.
Address: NW corner of MIle 7 and Mile 2-1/2 Rd., Weslaco, TX 78596
Inspection: Tuesday, May 3rd & 10th 10 AM - 12 PM
Min. Deposit: $25,000
Prop. #155Bank Owned Lots! Gated mastered planned community; The Shores Marina Village; Lots 5-8. Originally developed for a fourplex on the bay!
Address: 4 Waterfront lots - The Shores, South Padre Island, TX 78597
Inspection: At leisure
Min. Deposit: $25,000
Prop .#156Bank Owned lot on South Padre Island. 0.25+/- ac lot in the Fiesta Isles Subdivision.
Address: 5906 Havana Dr, South Padre Island, TX 78597
Inspection: At leisure
Min. Deposit: $10,000
Prop. #1577 commercial lots located in The Center at Waters Edge. Lots 1-3 Block A & Lots 1-4, Block B.
Address: 7 commercial lots - Ed Carey Drive, Harlingen, TX 78619
Inspection: At leisure
Min. Deposit: $25,000
Prop. #1582,680+/- sf free standing commercial building in Eldora Acres. .498+/- ac, paved parking, and zoned C.
Address: 449 E. Eldora Rd (warehouse) Alamo, TX 78516
Inspection: Tuesday, May 3rd & 10th, 1 PM - 3 PM
Min. Deposit: $10,000
Prop. #1594,567+/- sf retail building with showroom, shop and office areas on the corner of Harrison and K Street.
Address: 1127 W. Harrison Ave - A Harlingen, TX 78550
Inspection: Tuesday, May 3rd & 10th, 1 PM - 3 PM
Min. Deposit: $25,000
Prop. #160Great Investment or Income Property! 2008 Constructed 1600+/- sf commercial warehouse located on .5302+/- ac.
Address: 10608 North Moorefield Rd., Mission, TX 78572
Inspection: Tuesday, May 3rd & 10th, 1 PM - 3 PM
Min. Deposit: $10,000
Prop. #161High visibility Bank Owned strip center. Includes convenient store, multiple retail units, and multiple pump refueling center.
Address: 1216 W. Veterans Blvd., Palmview, TX 78572
Inspection: Wednesday, May 4th & 11th, 10 AM - 12 PM
Min. Deposit: $25,000
Prop. #162Bank Owned comm. property with 5,680+/-sf, provides great business or investment opportunity. Zoned C.
Address: Warehouse 1402 US Business Hwy. 83, Palmview, TX 78572
Inspection: Tuesday, May 3rd & 10th, 10 AM - 12 PM
Min. Deposit: $10,000
Prop. #163C-3 zoned retail/warehouse building with 9,455+/- sf; retail portion 5,700+/- sf, warehouse portion is 3,744+/- sf. Includes loading dock.
Address: 600 N Conway Ave - 7500, Mission, TX 78574
Inspection: Tuesday, May 4th & 11th, 10 AM - 12 PM
Min. Deposit: $25,000
Prop. #16415,750+/- sf office condo shell in Trophy Plex Office Complex. Ceiling height 18ft.
Address: 5328 East US Hwy. 83, Rio Grande City, TX 78582
Inspection: Wednesday, May 4th & 11th, 10 AM - 12 PM
Min. Deposit: $25,000
Prop. #165 - SELLING ABSOLUTE!2,500+/- sf freestanding retail building. .21+/- ac lot, built in 1950.
Address: 128 E. Oleander (commercial building) La Feria, TX 78559
Inspection: Tuesday, May 3rd & 10th, 10 AM - 12 PM
Min. Deposit: $5,000
Prop. #16614,338+/- sf comm. bldg built in 2003. Incl. 8 doctors’ suites; each suite incl. 4 patient rooms, lobby, reception area, and office.
Address: 1001 N. Bonham, San Benito, TX 78586
Inspection: Tuesday, May 3rd & 10th, 1 PM - 3 PM
Min. Deposit: $25,000
Prop. #167 - SELLING ABSOLUTE!1,425+/- sf 3 bedroom, 2 bath single family residence located in Fair Haven, Phase 3. Built in 2007 and close to golf course!
Address: 1834 Hannah Drive, Edinburg, TX 78542
Inspection: Sunday, May 1st & 15th, 1 PM - 3 PM
Min. Deposit: $5,000
Prop. #1683,935+/- sf 4 BR, 5 BA residence located in established McAllen neighborhood. In ground pool, hot tub, sun room, and covered patio.
Address: 1209 S. Peking, McAllen, TX 78501
Inspection: Sunday, May 1st & 15th, 1 PM - 3 PM
Min. Deposit: $10,000
Prop. #169 - SELLING ABSOLUTE!1,860+/- sf 3 bedroom, 2 bath home in Phase 4 of University Village. Split floor plan with granite in kitchen.
Address: 814 Loyola Dr., Edinburg, TX 78539
Inspection: Sunday, May 1st & 15th, 1 PM - 3 PM
Min. Deposit: $10,000
Prop. #170Well maintained 866+/- sf single family residence in established Harlingen Community.
Address: 205 W. Pierce, Harlingen, TX 78550
Inspection: Sunday, May 1st & 15th, 10 AM - 12 PM
Min. Deposit: $1,000
Prop .#1711400+/-sf single family residence located in Nantucket Estates. Open floor plan, no hallways; handicap/assisted living features!
Address: 714 Nantucket, Harlingen, TX 78550
Inspection: Tuesday, May 3rd & 10th, 10 AM - 12 PM
Min. Deposit: $5,000
Prop. #1723 Bedroom 2 Bath Bank Owned home in Nantucket Estates. Both bathrooms include walk-in showers.
Address: 728 Nantucket, Harlingen, TX 78550
Inspection: Tuesday, May 3rd & 10th, 10 AM - 12 PM
Min. Deposit: $5,000
Prop. #173Nantucket Estates property includes open floor plan, 1400+/- sf, 3 bedrooms, and 2 baths.
Address: 759 Nantucket, Harlingen, TX 78550
Inspection: Tuesday, May 3rd & 10th, 10 AM - 12 PM
Min. Deposit: $5,000
Prop. #174Well maintained 1 story in Nantucket Estates. Features include an open floor plan, and walk-in showers.
Address: 773 Nantucket, Harlingen, TX 78550
Inspection: Tuesday, May 3rd & 10th, 10 AM - 12 PM
Min. Deposit: $5,000
Prop. #175Wonderful Opportunity! Single family home located on cul-de-sac in Hickory Hills Subdivision. 1,335+/- sf home on .15+/- ac lot.
Address: 614 Kingbird Dr., Harlingen, TX 78552
Inspection: Sunday, May 1st & 15th, 10 AM - 12 PM
Min. Deposit: $5,000
Prop .#1765,600+/-sf home on large 4.93+/- ac lot, 5 BR, 3.5 BA, In-ground pool, security system, jacuzzi tub, built-ins, and crown molding.
Address: 1001 N Bonham, San Benito, TX 78586
Inspection: Sunday, May 1st & 15th, 10AM - 12 PM
Min. Deposit: $25,000
Prop. #177Built in 2002 this inviting 3bedroom, 2bathroom home includes 1,198+/-sq ft. Located in the Mid Point Manor gated community.
Address: 1834 Hannah Drive, Edinburg, TX 78542
Inspection: Sunday, May 1st & 15th, 1 PM - 3 PM
Min. Deposit: $5,000
Prop. #1781200+/-sf home in Kierra Crossing. Open floor plan, 3 bedrooms, 2 baths, covered patio, and brick veneer.
Address: 1209 S. Peking, McAllen, TX 78501
Inspection: Sunday, May 1st & 15th, 1 PM - 3 PM
Min. Deposit: $5,000
Prop. #179 - SELLING ABSOLUTE!4,143+/- sf Spanish Mediterranean style home in Gray Recio. 3 BR, 3.5 BA located on 2 lots. Granite counters, grand staircase, and 2 master suites.
Address: 814 Loyola Dr., Edinburg, TX 78539
Inspection: Sunday, May 1st & 15th, 1 PM - 3 PM
Min. Deposit: $10,000
Prop. #180Bank Owned single family residence in Mid Point Manor offers 1445+/- sf and a spacious open floor plan.
Address: 205 W. Pierce, Harlingen, TX 78550
Inspection: Sunday, May 1st & 15th, 10 AM - 12 PM
Min. Deposit: $1,000
Terms
Bidder Registration Requirements: There are three ways to register for the auction Pre-Registration, On-Site Registration and Online Bidding Registration.
PRE-REGISTRATION
Download the Auction Terms & Conditions from our website, sign them and fax or email them to our office by Friday, May 13th @ 5:00pm CST. When you attend the auction, go to the Pre-Registration table. Present your government issued ID and your Minimum Deposit check(s) and we will have your bidder number waiting for you. This is the fastest way to register for the auction.
ON SITE REGISTRATION
When you arrive at the auction, go to the On-Site Registration table, read, initial and sign the Auction Terms & Conditions, show us your government issued ID and your Minimum Deposit check(s) and we will issue you your bidder number.
ONLINE BIDDING REGISTRATION
Visit our website at natcomauctions.com/tx and click on the Online Bidding Requirements and follow the instructions. You may also contact our office and we can guide you through the process. To bid online, you must complete all parts of the registration process by Friday, May 13th @ 5:00pm CST. Additional requirements include wiring of the Minimum Deposit to the designated Title Company, returning the signed Auction Terms & Conditions to the auction company, and agreeing to pay an additional 11% buyers premium at closing.
Summary of the Terms and Conditions: 10% Buyers Premium applies to onsite auction purchases. 11% Buyer's Premium applies to online auction purchases. No representations or warranties, expressed, written or implied by the Seller and/or Auctioneer. All property is being sold "AS-IS, WHERE-IS". Financing is NOT a contingency on any sale. Before bidding, please make sure you have the ability to close on the transaction as provided for the in the Purchase & Sale Agreement. As a requirement for bidding, each bidder must have with them or deposited based on the PSA the minimum required deposit for the property as provided for in the catalog. The minimum required deposit per property ranges from $1,000 to $25,000, depending on the value of the property and must be in the form of a cashier's check, certified check, cash or wired Funds to Valley Land Title Company one business day before the start of the auction. If you will be bidding on multiple properties, you will need to have the minimum required deposit for each property. A total 10% deposit is required immediately after the auction. The balance of the 10% deposit, equal to 10% of the total purchase price less the minimum required deposit, shall be paid with a personal check, company check, certified funds, cashier's check or wired funds to Valley Land Title Company. The total 10% deposit becomes non-refundable upon ratification of the Purchase & Sale Agreement. Closing must occur within 30-days of ratification of the Purchase & Sale Agreement by the Seller. If you are the winning bidder and do not close on the sale, you will lose your deposit. Please see the Purchase & Sale Agreement for complete terms and conditions. 1.5% Broker participation offered.
Documents & downloads
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