Houses

50.38 Acres Lot

50+ Acre Luxury Auction Estate with Expansive Home in Gordonville, TX

Located in the scenic countryside of Gordonville, this extraordinary 50.38-acre estate offers a rare opportunity to acquire a large residential property through a competitive auction process. Combining substantial acreage, a spacious custom home, and flexible purchasing terms, this listing is designed to attract serious buyers who understand both value and potential.

The auction is being conducted under the direction of Myers Jackson, a licensed professional operating under TDLR #17057. The starting bid of $100,000 is not reflective of the final sale price. Instead, it serves as an opening point to encourage participation and determine true market value through competitive bidding. As the auctioneer explains, the purpose is simple: the seller wants to know what qualified buyers are willing to pay.

Participation in the auction requires preparation. All interested parties must register in advance, provide proof of funds, and agree to the terms and conditions of the sale. Additionally, a 15% buyer’s premium will apply. The seller retains certain rights, including the ability to accept, reject, or counter offers, ensuring flexibility throughout the process.

At the heart of the property is a substantial two-story single-family home built in 2000. Offering approximately 4,075 square feet of living space, the residence is designed to accommodate both comfort and functionality. With four bedrooms and three bathrooms—including two full baths and one half bath—the layout provides ample room for families, guests, or multi-purpose living.

The primary bedroom is conveniently located on the first floor, offering privacy and accessibility. Additional bedrooms are situated on the second level, creating a separation of space that is ideal for both everyday living and hosting. While room dimensions are listed as placeholders, the overall size of the home allows for generous living areas and flexible use.

The main living room serves as a central gathering space and features a masonry fireplace, adding both character and warmth. This feature can become a focal point of the home, especially during cooler months. The kitchen, also located on the first floor, provides a functional layout that can be customized or upgraded to suit modern preferences.

Heating and cooling are handled by central electric systems, with additional ceiling fans contributing to airflow and comfort. These systems support year-round livability, which is particularly important in the Texas climate.

The home does not include a basement, but its above-ground square footage more than compensates, offering expansive interior space that can be tailored to a variety of needs. Whether you envision formal living areas, home offices, or recreational rooms, the layout provides the flexibility to adapt.

Outside, the property continues to impress. The 50.38-acre tract offers a vast expanse of land that can be used for a wide range of purposes. From recreational activities and outdoor living to agricultural use or long-term investment, the acreage is one of the most valuable aspects of this listing.

The land provides privacy and a sense of openness that is increasingly difficult to find. Large parcels like this are becoming more limited, particularly in accessible locations. The property’s size allows for multiple الاستخدام possibilities, whether you want to maintain it as a private estate or explore additional opportunities.

Parking is handled by an attached two-car garage with side-facing access, along with additional مساحة for vehicles, equipment, or гостей. The asphalt road access ensures convenient entry to the property, adding to its practicality.

Utilities include a septic system and community/co-op water service, along with both overhead and underground utility availability. These features support the existing home while also allowing for potential expansion or additional improvements.

The surrounding area of Gordonville offers a peaceful rural setting while still being within reach of regional attractions and services. This balance makes the property appealing for those who want to enjoy a quieter lifestyle without being completely removed from modern conveniences.

From an investment perspective, the property’s tax assessed value of over $1.55 million highlights its underlying worth. Annual taxes are approximately $8,938, which is consistent with a property of this size and value. The listing allows for a variety of purchase terms, including cash, conventional financing, 1031 exchange, and other specialized funding options.

The auction format introduces a unique dynamic. Unlike traditional sales, where pricing is fixed or negotiated privately, this approach allows buyers to compete openly. This transparency can be advantageous, as it provides real-time insight into market interest and ensures that the final price reflects actual demand.

It is important for prospective buyers to understand the responsibilities involved. Registering in advance, reviewing the terms and conditions, and being prepared to act decisively are all essential steps. The requirement for proof of funds ensures that only serious participants are involved, which helps maintain the integrity of the process.

The concept of a buyer’s premium should also be factored into your planning. At 15%, this additional cost is part of the total investment and should be considered when determining your bidding strategy.

For those who are prepared, however, auctions can present significant opportunities. The ability to secure a property of this size and scope through a competitive process can be advantageous, particularly when compared to traditional market conditions.

The home itself offers a strong foundation for customization. While it is already functional, there is always room to enhance finishes, update features, or personalize the design. With over 4,000 square feet of space, the possibilities are extensive.

The acreage adds another layer of value. Whether used for recreation, agriculture, or simply as a private retreat, the land provides flexibility that smaller properties cannot match. This combination of home and land is what makes the listing particularly appealing.

In terms of lifestyle, the property offers a unique experience. The expansive setting allows for privacy, outdoor activities, and a connection to nature. At the same time, the size of the home supports comfortable living and entertaining.

The absence of an HOA is another advantage, giving owners greater freedom to use the property according to their preferences. This flexibility is often a key consideration for buyers seeking rural or semi-rural properties.

In conclusion, this 50.38-acre estate in Gordonville, Texas, represents a rare auction opportunity that combines scale, location, and potential. With a spacious home, extensive land, and a transparent bidding process, it offers a compelling option for buyers who are ready to engage and compete.

Understanding the auction structure is essential, but for those who are prepared, it can be an effective way to acquire a high-value property. As demand for large parcels and versatile estates continues to grow, opportunities like this stand out in today’s market.

If you are looking for space, flexibility, and the chance to secure a property through a dynamic process, this listing deserves serious consideration.

 

Listed on Zillow

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