Durant Real Estate Auction | Land, Homes, Business Potential | Dallas Hibid Portal

Hot Location: 114 acres and 2 homes within a mile from Choctaw. Auction Ends: June 20th @ 6pm CST at OKLandandAuction.com Preview Dates: May 30th at 6 pm June 9th at 2 pm June 15th at 3 pm The property is located in a highly sought after area within a mile of Choctaw Casino. This is the largest piece of land for sale located within the area with frontage on both Rodeo Road and the highway bypass. The property is currently being used as a cow/calf operation and performance horse ranch, however, the prime location gives this property unlimited versatility. Purchase the property in it’s entirity and enjoy the luxury of a 4800 sq ft primary residence that is complete with commercial grade Thermador appliances, heated 20 x 40 pool with spa, outdoor kitchen and a large entertainment room complete with custom bar. The 1900 sq ft second home can be used as a guest/ranch hand house, office, or use it for immeidate return on investment by capitalizaing on the hot VRBO market in the area. (Estimated $500-$700/night as a VRBO with high demand for this type of property with a short 3 minute drive to the casino and five minute drive to the airport). Also capture another immediate return on investment by utilizing the parcel with bypass frontage for marketing such as billboard advertisement. If you are looking for an investment property, look no further. The location of this property lends itself to almost any market. Buy it now and enjoy living in the tranquil oasis that the half mile long driveway provides or began your dream of becoming a real estate mogal with a property that can be as diversified as your imagination will allow. Commercial investors could consider conversion of the property to a winery, wedding venue, indoor sports entertainment venue such as climate controlled golfing, restaurant, sports bar, RV park, etc. Residential development in this area is also a hot market. This property’s driveway sits on a section line and should the buyor be interested, it could be easily opened as a county road to allow access and development to all or part of the 114 acres for residential or commercial usage. Main House: 4858 sq ft (MOL) 5 bedroom, 3.5 bath Large kitchen with 16 ft island and commercial grade Thermador appliances including a total of 4 ovens and 6 range stove Luxury appliances Granite countertops 20 x 40 foot heated/lighted pool with spa Outdoor kitchen Large entertainment room with custom bar Wired for Satellite  Wired for high-speed internet Floored attic Security system – owned Vaulted ceilings Vinyl windows Tile & vinyl flooring Gas log fireplace HVAC – 3 units, zoned – geothermal heat pump Second House: 1900 sq ft (MOL) 3 bedroom, 2 bath, with a loft for an office or additional sleeping quarters Hot Tub/Spa with heat/ac Outdoor Structures: 36 x 60 Horse Barn with 5 Priefert horse stalls with 30/50 amp electrical outlet for RV, camper, etc. Hay Barn Shop Loafing sheds Additional covered parking Land Information: 4 ponds Mature trees Frontage on two major roads Buyer could request driveway to be opened as a county road Potential Uses: The location and layout of this amazing property makes it highly versatile including potential for: Ranch: Performance Horse/Equestrian, Cattle Operation, Farming Commercial: Prime location for commercial development given its proximity to the Choctaw Casino and major highways. Commercial investors could consider conversion of the property to a winery, wedding venue, indoor sports entertainment venue such as climate controlled golfing, restaurant, sports bar, RV park, etc. Residential: Residential development in this area is also a hot market. This property’s driveway sits on a section line and should the buyor be interested, it could be easily opened as a county road to allow access and development to all or part of the 114 acres for residential or commercial usage. Immediate Return on Investment Opportunities: VRBO one or both homes. With a three minute drive to the Choctaw Casino and Resort and their expansive weekend concert lineups, VRBO’s in the area are a hot market with projected monthly revenue from weekend rentals of both homes estimated to be $10,000- $15,000 per month. Commercial marketing on bypass parcel with potential for billboard marketing.\