TBD Amy Dr, Brownwood, TX 76801 | Live and Online Auctions on HiBid.com

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Brownwood, TX 76801

Date(s)

9/17/2024 - 10/18/2024

AUCTIONEER INFORMATION

United Country H5 Auction and Realty

903-686-0636

Catalog

Covenants and restrictions

Bidding Notice:

This is an internet-only auction. All bidding activity will take place online.

Information

Lot #	5
Group - Category	Real Estate - Residential
Lead	TBD Amy Dr, Brownwood, TX 76801
Description	CROWN POINT SUBDIVISION, LOT 27, ACRES 0.219 Each of the lots is subject to a mandatory Homeowners Association (HOA) or Property Owners Association (POA) with a current annual fee of $1,836. This fee can also be paid in monthly installments of $153. The fee includes a membership to The Hideout, granting access to an array of amenities. Membership benefits include: Golf: 4 complimentary rounds of golf per month on The Hideout golf course. Cabin Stays: 7 free nights per year in a cabin (a cleaning fee applies), with discounted rates for additional nights. Amenities Access: Enjoy use of the RV campsites, swimming pool, hot tub, beach volleyball court, kids' playground, private pond for fishing and paddle boating, exercise facilities, tennis court, driving range, and putting green, among other perks. These amenities provide added value and recreational opportunities for all property owners. Clubhouse and Amenities: The clubhouse at Kings Point Cove Resort Community is the central hub for residents and offers a wide range of amenities for a luxurious and fulfilling lifestyle. Whether you're looking to relax, socialize, or engage in recreational activities, the clubhouse has something for everyone. Within the clubhouse, you'll find spacious gathering areas, comfortable seating, and a welcoming atmosphere. It serves as a social gathering place where residents can connect with neighbors and build lasting friendships. The clubhouse also hosts various community events and activities throughout the year, providing opportunities for entertainment and community involvement. In addition to the clubhouse, the resort community offers numerous amenities to enhance your living experience. These include: 1. Two pools: Take a refreshing dip in the resort-style pools on hot summer days, perfect for lounging and soaking up the sun. 2. Hot tub: Unwind and relax in the hot tub, offering a soothing experience to melt away stress. 3. Two playgrounds: Let children's imagination run wild in the playgrounds designed for fun and adventure. 4. Sand volleyball court: Engage in friendly competitions or join a game of volleyball on the community's sand court. 5. Driving range and putting green: Practice your swing and improve your golf skills with the driving range and putting green facilities. 6. Fishing pond: Enjoy leisurely fishing moments in the community's fishing pond, ideal for anglers of all skill levels. 7. Resort lodge and restaurant: Experience exceptional dining options and enjoy the convenience of a resort lodge within the community. 8. RV park and cabins: If you have guests or are looking for additional accommodations, the community offers an RV park and cabins for comfortable stays. 9. Private community boat dock: Soon, you'll have access to a private community boat dock on Lake Brownwood, expanding your outdoor activities to include boating, water sports, and fishing on the lake. The Kings Point Cove Resort Community clubhouse and amenities provide a wealth of opportunities for relaxation, recreation, and socializing. It's an idyllic setting to create lasting memories and enjoy a vibrant lifestyle. The Hideout Golf Course: The Hideout Golf Course is an 18-hole championship course located within the Kings Point Cove Resort Community near Lake Brownwood in Central Texas. Designed by renowned golf course architect Bill Johnston, the course offers a challenging yet enjoyable experience for golfers of all skill levels. The course spans over 6,700 yards and features rolling hills, mature trees, and beautiful water features. Golfers can expect to encounter strategic bunkers, challenging water hazards, and well-manicured greens and fairways throughout the course. In addition to its stunning natural beauty, the Hideout Golf Course also offers a range of amenities and services to enhance your golfing experience. These include a driving range, putting green, professional golf instruction, and a fully stocked pro shop. As a property owner in Kings Point Cove, you'll enjoy exclusive benefits such as 16 free rounds of golf each month on the Hideout Golf Course. Whether you're a seasoned golfer or just starting out, the Hideout Golf Course is sure to impress with its challenging layout, stunning views, and top-notch facilities. Don't miss out on the opportunity to experience the best of golfing in Central Texas. Recently the course is now managed by the Troon Advantage Group which provides preferred rates at domestic and international golf destinations. Lake Brownwood: Lake Brownwood is a 7,300-acre reservoir created by damming Pecan Bayou, a tributary of the Colorado River. The lake is surrounded by stunning natural beauty and offers a wide variety of recreational opportunities for residents and visitors alike. Fishing enthusiasts will be delighted to know that Lake Brownwood is home to a diverse range of fish species, including Large Mouth Bass, Small Mouth Bass, White Bass, Stripers, White Crappie, Yellow Cat, Flathead Cat, Perch, and Gar. Whether you prefer to fish from the shore or from a boat, this lake is sure to provide you with a thrilling angling experience. For those seeking outdoor adventures, Lake Brownwood is the perfect destination. Boating, water skiing, and jet skiing are popular activities on the lake, and several boat ramps and marinas are available for easy access. Additionally, the lake's beautiful shoreline offers plenty of opportunities for hiking, camping, and picnicking. If you're looking for a place to call home near Lake Brownwood, consider the Kings Point Cove subdivision. This stunning community adjoins the lake and offers residents easy access to all the lake's recreational activities. Don't miss out on the opportunity to experience the natural beauty and outdoor adventures that Lake Brownwood has to offer! Brownwood, TX: Brownwood, Texas, is a charming city nestled in the heart of Central Texas. Known for its warm hospitality and small-town charm, Brownwood offers a rich blend of history, natural beauty, and a thriving community spirit. With its picturesque downtown area lined with historic buildings and quaint shops, residents and visitors alike can enjoy leisurely strolls, discovering unique boutiques, cozy cafes, and vibrant local restaurants. The city also hosts a variety of cultural events and festivals throughout the year, showcasing its vibrant arts scene and celebrating its heritage. With its friendly atmosphere and close-knit community, Brownwood is truly a hidden gem in the Lone Star State.

Auction Information

Name	Lake Brownwood Lots @ Kings Point Cove
Auctioneer	United Country H5 Auction and Realty
Type	Online-Only Auction
Date(s)	9/17/2024 - 10/18/2024
Auction Date/Time Info	Bidding is open now through October 18th at 2:00pm.
Preview Date/Time	By appointment
Checkout Date/Time	Contract will be signed immediately after the close of the auction. Deposit is due within 24 hours. Closing will be handled through a local title company within 30 days.
Location	Lake Brownwood Brownwood, TX 76801
Buyer Premium	11% or $2,500. Whichever is greater.
Description	This auction has 8 different lots, at different locations, all a part of the Kings Point Cove Resort Community. Each lot will be sold separately, with no reserve. Each of the lots is subject to a mandatory Homeowners Association (HOA) or Property Owners Association (POA) with a current annual fee of $1,836. This fee can also be paid in monthly installments of $153. The fee includes a membership to The Hideout, granting access to an array of amenities.Membership benefits include:Golf: 4 complimentary rounds of golf per month on The Hideout golf course.Cabin Stays: 7 free nights per year in a cabin (a cleaning fee applies), with discounted rates for additional nights.Amenities Access: Enjoy use of the RV campsites, swimming pool, hot tub, beach volleyball court, kids' playground, private pond for fishing and paddle boating, exercise facilities, tennis court, driving range, and putting green, among other perks.These amenities provide added value and recreational opportunities for all property owners. Clubhouse and Amenities: The clubhouse at Kings Point Cove Resort Community is the central hub for residents and offers a wide range of amenities for a luxurious and fulfilling lifestyle. Whether you're looking to relax, socialize, or engage in recreational activities, the clubhouse has something for everyone. Within the clubhouse, you'll find spacious gathering areas, comfortable seating, and a welcoming atmosphere. It serves as a social gathering place where residents can connect with neighbors and build lasting friendships. The clubhouse also hosts various community events and activities throughout the year, providing opportunities for entertainment and community involvement. In addition to the clubhouse, the resort community offers numerous amenities to enhance your living experience. These include: 1. Two pools: Take a refreshing dip in the resort-style pools on hot summer days, perfect for lounging and soaking up the sun. 2. Hot tub: Unwind and relax in the hot tub, offering a soothing experience to melt away stress. 3. Two playgrounds: Let children's imagination run wild in the playgrounds designed for fun and adventure. 4. Sand volleyball court: Engage in friendly competitions or join a game of volleyball on the community's sand court. 5. Driving range and putting green: Practice your swing and improve your golf skills with the driving range and putting green facilities. 6. Fishing pond: Enjoy leisurely fishing moments in the community's fishing pond, ideal for anglers of all skill levels. 7. Resort lodge and restaurant: Experience exceptional dining options and enjoy the convenience of a resort lodge within the community. 8. RV park and cabins: If you have guests or are looking for additional accommodations, the community offers an RV park and cabins for comfortable stays. 9. Private community boat dock: Soon, you'll have access to a private community boat dock on Lake Brownwood, expanding your outdoor activities to include boating, water sports, and fishing on the lake. The Kings Point Cove Resort Community clubhouse and amenities provide a wealth of opportunities for relaxation, recreation, and socializing. It's an idyllic setting to create lasting memories and enjoy a vibrant lifestyle. The Hideout Golf Course: The Hideout Golf Course is an 18-hole championship course located within the Kings Point Cove Resort Community near Lake Brownwood in Central Texas. Designed by renowned golf course architect Bill Johnston, the course offers a challenging yet enjoyable experience for golfers of all skill levels. The course spans over 6,700 yards and features rolling hills, mature trees, and beautiful water features. Golfers can expect to encounter strategic bunkers, challenging water hazards, and well-manicured greens and fairways throughout the course. In addition to its stunning natural beauty, the Hideout Golf Course also offers a range of amenities and services to enhance your golfing experience. These include a driving range, putting green, professional golf instruction, and a fully stocked pro shop. As a property owner in Kings Point Cove, you'll enjoy exclusive benefits such as 16 free rounds of golf each month on the Hideout Golf Course. Whether you're a seasoned golfer or just starting out, the Hideout Golf Course is sure to impress with its challenging layout, stunning views, and top-notch facilities. Don't miss out on the opportunity to experience the best of golfing in Central Texas. Recently the course is now managed by the Troon Advantage Group which provides preferred rates at domestic and international golf destinations. Lake Brownwood: Lake Brownwood is a 7,300-acre reservoir created by damming Pecan Bayou, a tributary of the Colorado River. The lake is surrounded by stunning natural beauty and offers a wide variety of recreational opportunities for residents and visitors alike. Fishing enthusiasts will be delighted to know that Lake Brownwood is home to a diverse range of fish species, including Large Mouth Bass, Small Mouth Bass, White Bass, Stripers, White Crappie, Yellow Cat, Flathead Cat, Perch, and Gar. Whether you prefer to fish from the shore or from a boat, this lake is sure to provide you with a thrilling angling experience. For those seeking outdoor adventures, Lake Brownwood is the perfect destination. Boating, water skiing, and jet skiing are popular activities on the lake, and several boat ramps and marinas are available for easy access. Additionally, the lake's beautiful shoreline offers plenty of opportunities for hiking, camping, and picnicking. If you're looking for a place to call home near Lake Brownwood, consider the Kings Point Cove subdivision. This stunning community adjoins the lake and offers residents easy access to all the lake's recreational activities. Don't miss out on the opportunity to experience the natural beauty and outdoor adventures that Lake Brownwood has to offer! Brownwood, TX: Brownwood, Texas, is a charming city nestled in the heart of Central Texas. Known for its warm hospitality and small-town charm, Brownwood offers a rich blend of history, natural beauty, and a thriving community spirit. With its picturesque downtown area lined with historic buildings and quaint shops, residents and visitors alike can enjoy leisurely strolls, discovering unique boutiques, cozy cafes, and vibrant local restaurants. The city also hosts a variety of cultural events and festivals throughout the year, showcasing its vibrant arts scene and celebrating its heritage. With its friendly atmosphere and close-knit community, Brownwood is truly a hidden gem in the Lone Star State.

Terms and Conditions

1. This is an online only auction. The lots have no reserves. The property will sell to the highest bidder. 2. There is a 11% buyer's premium. 11% or $2,500, whichever is greater, will be added to your high bid to arrive at the contract price. KEEP THIS IN MIND WHILE YOU'RE BIDDING. Example: High bid $100,000.00 X 11% = $11,000.00. $100,000.00 + $11,000.00 = $111,000.00 is the contract price. 3. There will be a 10% deposit required. Immediately following the bidding, the successful bidder will execute a contract for the purchase of the property and will be required to place a non-refundable deposit of TEN PERCENT (10%) of the TOTAL CONTRACT PRICE with the escrow agent. Bank wire, Cashier's Checks, Business Checks and Personal checks are accepted. The contract is NOT assignable, NOT contingent upon financing, NOT contingent upon inspections. 4. The balance of the purchase price is due at closing within 30 days. Each purchaser is responsible for obtaining his/her own financing if necessary. You must be pre-approved for financing. If you are unsure of your ability to obtain the necessary financing, do not bid as you could lose your earnest deposit if you don't close. 5. The property is being sold "as is" and "where is" with all faults, if any. No warranty as to condition or suitability for any purpose is expressed or implied. Buyers shall rely entirely on their own information, judgment and inspection of the property and records prior to the auction. Bidding signifies agreement to all disclosures. 6. The Seller will furnish an Owner's Policy of Title Insurance in the amount of the purchase price. Title insurance police expense will be paid by the Seller. Buyer will pay all other closing costs associated with this transaction. 7. All adjustments of current year taxes or other pro-ratable items on this property shall be prorated as of the date of closing. 8. Possession of the property shall be given to the Buyer upon successful closing and funding of said sale. 9. Sellers are not required to provide a survey of the property. If the buyer desires a survey, it shall be at the buyer's sole expense. 10. United Country H5 Auction & Realty and its agents, auctioneers, brokers and representatives are Exclusive Agents of the Seller. 11. Any properly licensed broker which registers and represents a successful buyer at the auction shall be entitled to a Two Percent (2%) Buyer's Broker fee, based on the total contract price. The Buyer must not already be working with or have been contacted by the auction company either personally or by electronic means or by direct mail marketing. 12. Bidding signifies you have read and are in agreement with terms and conditions of the today's contract. If you do not agree, do not bid!! 13. Disclaimers: All information is taken from sources believed to be reliable, but is subject to verification by all parties relying on it. Any and all drawings, sketches, dimensions are approximate. No liability for its accuracy, errors or omissions is assumed by the seller or the auction company. All bidders are responsible for conducting their own inspection, inquiries and due diligence concerning the property being offered and are encouraged to satisfy themselves prior to placing any bids at the auction. The property is being offered "AS IS, WHERE IS" and no warranties or representations either expressed or implied are being made by the seller(s) or the auction company. All information contained in the advertising and all related materials are subject to the terms and conditions outlined in the purchase sale agreement. All dollar amounts stated in the terms and conditions or otherwise shall be in U.S. currency, only. Any announcements made the day of auction shall take precedence over any previously printed material or any other oral statements made. 14. If you wish to be a back-up bidder, please contact H5 Auction & Realty (903-686-0636) after the auction and we will put you on the list in the event the high bidder does not close. We will contact you and invite you to purchase the property. There is no obligation to purchase and no signature is required. This is a matter of reference only. 15. Neither Auctioneer nor Seller shall be liable for any personal injury on the sale premises. Buyer assumes all risk and liability whatsoever resulting from the use of the item(s) sold hereunder, and shall defend, indemnify, and save harmless Seller and Auctioneer from any liability. 16. Any unresolved complaint with H5 Auction & Realty should be directed to : Texas Department of Licensing and Regulations; P. O. Box 12157; Austin, TX 78711; 512-4636511, www.tdlr.texas.gov.