To enable bidding, a bank statement or letter of credit must be presented to the auction company. We will be contacting you to ensure all of your contact information is correct and to make certain of your intent to bid. Please read all terms prior to registering.

Auctioneer reserves the right to bar anyone from participating in the auction.

Unless specified by the auctioneer, all items are sold AS IS, WHERE IS, with no guarantees expressed or implied. No statement anywhere, whether oral or written, shall be deemed such a guarantee, warrantee, or representation. Prospective bidders should inspect the item before bidding to determine condition, size, etc.
Each bid is, by law, an irrevocable offer to purchase and each higher bid shall cancel an earlier bid. Auctioneer reserves the right to begin each auction with a starting bid, which will be announced before the start of the auction or listed online as the starting bid and/or current bid.
There is a 10% buyers' premium that will be charged on each purchase. 10% will be added to the final bid price of the property and will become part of the final sales price at closing and funding. A buyer's premium is an advertised percentage of the highest bud and becomes part of the purchase price. For example: If the highest bid is $100,000, the buyer's premium is $100,000 x 10% = $110,000 purchase price.
Updates and announcements will be made via the bidding software and emails to registered bidders and may be made throughout the offer and bidding process.
Earnest money: Upon completion of the auction the winning bidder will make an earnest money deposit of $5000.00 U.S. dollars within 24 hours, made out to New Braunfels Auction Co.
Failure to execute and deliver the earnest money deposit within the required timeline after being the declared successful bidder, the bidder will be deemed in breach of the auction Terms and Conditions and could result in the bidder being banned from bidding in all future auctions.
The earnest money will be made in the form of a certified check, cashier's check, or personal/company check with an irrevocable bank letter of guarantee payable to New Braunfels Auction Company, LLC, 870 Hwy 46, Bew Braunfels, TX. Upon making payment for property, no stop payment of funds will be honored. Any stop payment order may be returned as insufficient funds and will be deemed fraudulent. The remainder of the purchase price is due upon closing and funding. All transactions must be done in U.S. funds regardless of the origin of the winning bidder.
BIDDING AND PURCHASE IS NOT SUBJECT TO FINANCING, INSPECTIONS, OR APPRAISAL. THIS PROPERTY IS SOLD AS IS, WHERE IS, WITHOUT WARRANTY OR GUARANTEE OF ANY KIND. PLEASE INSPECT THE PROPERY FOR YOUR OWN USE. PERSONAL ON-SITE INSPECTION OF EACH PROPERTY PRIOR TO THE AUCTION IS STRONGLY RECOMMENDED. BIDDERS ARE ENCOURAGED TO HAVE INSPECTORS, ARCHITECTS, AND/OR ENGINEERS EXAMINE THE PROPERTY PRIOR TO BIDDING. BY PLACING A BID IN THE PROPERTY, THE BIDDER AKNOWLEDGES THAT BIDDER HAS EITHER INSPECTED THE PROPERTY OR WAIVED THEIR RIGHT TO INSPECT THE PROPERTY PRIOR TO BIDDING.
Bidders are encouraged to conduct a title search and survey the property prior to bidding. Bidders should exercise due diligence as to property usage, zoning, and building code restrictions or violations that may or may not exist as to the subject property. Some properties may have lost their use variance, be subject to non-conforming use as a result of being vacated or violate current building codes or zoning restrictions or be scheduled for demolition.
In the event that the high bid on a property meets or exceeds the minimum reserve price established by the owner, the sale of such property shall be an absolute and final sale and shall bind all parties.
Until the seller's reserve price us met, the New Braunfels Auction Co., LLC may "counter bid" on behalf of the seller. Counter bids do not occur after the seller's reserve price has been met. In the event that the high bid on a parcel is less than the minimum price established by the owner, the sale shall be subject to approval by the owner. The owner shall have 72 hours to accept the bid or negotiate an alternat price. If the owner does not accept the bid or negotiate an alternate price, the purchaser's earnest money deposit shall be returned to purchase in full. If the owner agrees to accept the bid or agrees to an alternate purchase price, the sale shall be deemed final.
In the event that the property is sold "Subject to Confirmation," the sale shall be subject to approval by the owner, a probate court, and/or other third party having a lien or ownership interest in the property. The owner and/or other third party shall have 30 days to accept the bid or negotiate an alternate price. If the owner and/or third party does not accept the bid or negotiate an alternate price, the purchaser's earnest money shall be returned.
If Owner or other third party agrees to accept the bid or agrees to an alternate price, the sale shall be deemed final.

All informational tools, including but not limited to slides, tax maps, deeds, photos, videos, auction listings, auction catalogs, auction signs, property record cards, etc., are for identification purposes only and are neither a guarantee nor a warranty as to location, dimensions, parcel use and/or size, or anything else.
New Braunfels Auction Co., LLC, its' agents and representatives, make no warranty expressed or implied in connection with this sale.
These Terms and Conditions are subject to change as amended. Any oral amendments made by the Auctioneer will supersede these Terms and Conditions and are final.
Greg Mahalec of Exit Reallty, New Braunfels, TX, will represent the seller. Any questions for them may be directed to call 830 708 6683

If there are any unresolved complaints against New Braunfels Auction Co.,
LLC, complaints may be directed to:
Texas Department of Licensing and Regulations
P.O. Box 12157
Austin, Texas 78711
512-463-6599

5-acre homestead in the highly desired River Oaks subdivision in New Braunfels. Property features beautiful live oaks throughout and is located in one of Comal County�s most established and respected acreage communities. These lots hold their value and rarely make it to the open market. Solid brick home on-site with well water, existing septic system, utilities, and driveway access already in place. Home is well-built and ready for your choice of amenities, updates or expansion. Land is usable, private, and ideal for a full-time residence, weekend retreat, or future building plans. Some repairs will need to be made but an exceptional opportunity to update for your specific use. River Oaks offers large tracts, a quiet country setting, and an affordable, congenial HOA with very limited restrictions. The location provides a relaxed Hill Country feel while still offering excellent Comal ISD schools and quick access to popular area amenities. Conveniently located just off FM 306, minutes from New Braunfels and Canyon Lake, with easy travel to both Austin and San Antonio. Properties like this do not come available often in River Oaks and tend to sell quickly. Contact us or your Realtor for more information or to schedule a showing.