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Gainesville, TX - Moss Lake Estate

122 Park Lane - Gainesville, Texas

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Why Buy This Property

There is something extraordinary about lakefront living on Moss Lake in Moss Lake Estates. If you seek a lifestyle of tranquility, amazing views, spectacular entertaining spaces to awe you and your guests on a sparkling lake with professional landscaping and two docks, this is it!

LAKEFRONT LIVING: The home is perched atop 304’ of lake frontage on almost an acre. Entertainment begins outdoors on the impeccably designed landscaping, exuding elegance and peacefulness while enjoying the lake and its gorgeous views both from the house and the two-story lakefront patio and deck designed for an outdoor kitchen.

LIVING SPACES: The grand scale of this comfortable lakefront home is sure to impress. Beautiful natural light radiates throughout the home, which exemplifies quality and craftsmanship. The home features 3,136 feet of formal and casual entertaining spaces, three bedrooms, three bathrooms, updated kitchen, expansive second-floor balcony, first-floor patio designed for entertaining, storm cellar, four-car garage, and a passenger elevator. The house is in immaculate, pristine, and move-in condition.

LOCATION: Moss Lake is 1140 acres of sparkling water with a maximum depth of 68 feet and is stocked with Spotted, Large Mouth Bass, Crappie, and Channel Catfish and perfect for fishing, and countless other water sports, just sixty miles north of Dallas/Fort Worth, and ten miles north of the Gainesville Municipal Airport and twenty minutes from the Winstar World Casino Resort.

Exquisite Details Include:

  • 3,136 square feet,
  • 3 Bedrooms, 3 baths,
  • Second-floor family room with its own kitchen,
  • 4 Car garage,
  • Elevator,
  • Two docks, one features a covered boathouse,
  • Detached lakefront patio with 2nd story deck,
  • and much more!

Description

Moss Lake provides an incredible backyard for relaxation and entertainment.

This lakefront home offers the discerning buyer an extremely rare opportunity to own an important home on one of the most desirable lakes in north Texas.

A lot of people buy stuff for investments, this is an investment that you will really love and enjoy!

Located just 60 miles from the Dallas / Fort Worth Metroplex.

Moss Lake offers unparalleled living filled with natural splendor for a handful of discerning owners.

Property Location

Auction / Date / Time

July 26, 2021 12:00 P.M. CDT
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Offering Strategy

To be Sold Subject to a Minimum Bid of $500,000, Subject to Court Approval - This property will be sold subject to a $500,000 reserve subject to the approval of the 235th Judicial District Court, Cooke County, Texas, Case No. CV21-00066 and the Terms of Sale. This is an online auction event. Bidders are required to sign documents and deposit funds in advance of the auction.  Bidders are also encouraged to ask questions in advance of auction day.

In order to bid each bidder must wire or deliver a Cashier's Check for $25,000 as the initial earnest money deposit to Gainesville Title Company before being approved to bid. The deposit will be returned to the unsuccessful bidders.  The successful bidder will increase its earnest money to 10% of the Purchase Price by noon on the third business day following the auction. Closing will on September 1, 2021.  See Bidder's Information Packet for more details.

Renee Y. Jones, Court Appointed Receiver

Inspection Dates

Viewing dates are June 12, 19, 26, July 11 from 3:00 p.m. – 5:00 p.m. SHARP!  The inspection will end at 5:00 p.m. please do not show up at the end and expect to have time to leisurely view and enjoy this spectacular property.

On these dates representatives of the auction company will provide tours of the property and be available to answer questions.  Please call (312) 278-0600 extension 101 to schedule your inspection.  

Masks, Registration, and an acceptable form of government-issued photo identification are required by all persons attending any and all property viewings.

Details

Certified Funds To Bid : $25,000

ON-LINE BIDDING INFORMATION & REGISRATION

BIDDER REGISTRATION: REQUIREMENTS TO BID ONLINE: This is an online auction. To register and participate in the auction each bidder must follow the procedures below:

(1) register by clicking on the “register to bid button” on the property page at www.fineandcompany.com 

(2) Once you have registered on the website, the Auctioneer will email the bidder a Bidder’s Information Packet which includes the Auction Bidder’s Affidavit and Auction Purchase and Sale Agreement,

(3) You will then wire $25,000 to Gainesville Title Company as your auction deposit,

(4) Then the Auctioneer will send you via DocuSign the Auction Bidder’s Affidavit and Auction Purchase and Sale Agreement to complete and sign online with electronic signatures. Both of these documents are provided in the Bidder’s Information Packet.

(5) You will also email the Auctioneer a copy of your driver’s license. Once the documents are received and reviewed, approved bidders will be sent an approval and bidder’s number and will then be able to place bids either through the button on the property information page for this property or by using the Fine and Company App which is available from the Apple Store or Google Play Store free of charge.

See Bidder’s Information Packet or contact us for more information. All documents must be received no later than 9:00 a.m. Central Time (CST) on the day of the Auction.

The Bidder’s Online Bidding Affidavit certifies the winning bidder authorizes the Auctioneer to fill in the purchase price and calculate the earnest money in the winning bidder’s Purchase and Sale Agreement following winning the bid.

Contact Us

  Fine & Company LLC
  Renee Jones, CAI, AARE
  713-780-2800
  rjones@fineandcompany.com

Request more information

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Resources

We recommend our strategic partner National Property Solutions for appraisal and auction services for the monetization of business, corporate or personal assets across a broad list of asset categories in states from coast to coast.

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National Property Solutionsis a national leader in the industrial, business, and inventory auction monetization industry providing full service accelerated marketing, auction and appraisal services across dozens of industries throughout North America for public and private corporations, individual owners, and financial institutions. In addition, our extensive network of operational support staff established regional offices, we are committed to working side by side with other auction firms and professionals to ensure success through our partnership services.  National Property Solutions also acts as Court Appointed Receiver for real and personal property.  

Other Information

Broker Participation : Buyer's Agent participation is invited!
A 2% referral fee will be paid to th REALTOR®/Broker whose registered buyer closes on this property. Please refer to the Buyer Broker registration requirements in the Terms of Sale. Seller has provided a variable commission rate.

Licensing : Fine & Company TX LLC, Licensed TX Broker, Renee Y. Jones Licensed TX Auctioneer

Terms Of Sale : This auction is being conducted subject to the Terms of Sale and Purchase and Sales Agreement contained in the Bidder's Information Packet. 

Disclaimer : The Seller, Broker, and Auctioneer and their agents assume no liability for inaccuracies, errors, or omissions in the auction marketing materials, including the Bidder's Information Packet. All square footage, dimensions, real estate taxes, and common area fees, if any, are approximate. All materials are subject to inspection and verification by all parties relying on them. This offering is subject to prior sale and may be withdrawn, modified, or cancelled without notice at any time. This is not a solicitation or offering to residents of any state where this offering is prohibited by law.

We are pledged to the letter and spirit of U.S. policy for the achievement of equal housing opportunity throughout the nation. We encourage and support an affirmative advertising and marketing program in which there are no barriers to obtaining housing because of race, color, religion, sex, handicap status, familial status or national origin or any other classes under state or local law or intention to make any such preference, limitation, or discrimination.

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