Online Auction - Multifamily Property in the Museum District

This multifamily property can be converted back to eight (8) two bedroom and one-bedroom apartments, utilized as a boarding house with single room rentals or redeveloped for townhomes or other residential structure.
The Property is Located Approximately 2 Miles South of the Houston CBD and Approximately 1 Mile North of the Houston Medical Center

2011 Binz St is located in the Museum District neighborhood of Houston, TX, which is known for its cultural attractions such as the Museum of Fine Arts, Houston Museum of Natural Science, and the Children’s Museum of Houston. The area also has a variety of dining options and green spaces, including Hermann Park and the Houston Zoo.
7,016 SF +|- Building Area
16,888 SF +|- of land
Built in 1950
Former Independent Living Facility
(4) 2 BR and (4) 1 BR
Approx. 116.7’ Road Frontage on Binz St
Two Ingress/Egress Driveways
Zoning: None
Topography: Generally, Level and at Street Grade
Utilities:
Electricity: Yes
Water/Sewer: City Water/Sewer
Flood Hazard: None
Market Area: Property is located in the Museum District of Houston near Downtown and the Medical Center
Close proximity to Hwy 288 and I-69
DON’T MISS THIS OPPORTUNITY TO BUY UNDER MARKET VALUE!!!

Online bidding ends April 25th at 3:00 PM ET
Preview: April 18th at 12:00 PM ET

Property Address: 2011 Binz Street, Houston, Texas 77004

Tranzon Asset Advisors of Texas, LLC, #9008058, Kelly D. Toney, TX Auctioneer #11818
10% Buyers Premium and other terms apply

Contact Kelly Toney at 888-791-7307 ext. 808 or ktoney@tranzon.com

 If you are looking for that exceptional ranch that is both productive, and breath taking, with easy access, yet very private setting, this is the one to pursue now.

The Seller has stocked 132 to 136 pair, and harvested 500 bales of hay.  Rotational grazing is possible with the nine pastures and nine ponds. The fencing and cross fencing is well-maintained, steel T-posts with 5 and 6 wires.  All pastures have been sprigged with Bermuda Grass as the prominent summer grass, complemented with a Spring carpet of Yellow Hop Clover, Hairy Vetch, and cool season grasses such as Fescue, and perennial Rye grass.  With this combination you have a very long forage season for your livestock. The clover adds high nitrogen content to the soil that is available for the other forage. Haying season often begins in mid-April and runs through late November, averaging three to four cuttings per season. This county in Oklahoma is ranked as one of the highest rainfall areas in the State averaging between 45 to 52 inches per year.  A 50X55 shed allows you to work your cows in the dry and shade with the covered Priefert Chute and Powder River Headgate. A fenced alley allows good movement of livestock from three pastures to the working pens and load out.  Filtered water is piped to the working facility.  The other five pastures are directly connected to the working pens. Store hay in one of the hay lots or in the 54’X60’ barn. The shop is  40X50 with concrete floor and 220 electric.  The shop, barn and shed are all steel-frame.

Access the property by driving from the county road that clips the very corner of the property and winding your way through the trees.  As you arrive at the top of the hill you will enter the pasture with stunning mountain views in the distance.  The house sits back approximately one-half mile into the property on its own private road).  The 3616 sq. ft. brick home with oversized rooms makes entertaining easy and inviting.   In addition to the 3616’ there is an attached over-sized (28X45) three-car garage and large covered front porch (12X34).  The central heat and air system has two three-ton packaged units, zoned for efficiency, and there is a wood burning stove for supplemental heat.  With three large bedrooms and three large full bathrooms, huge kitchen/breakfast area, large formal dining, large den, and oversized mud/Bathroom, storage room, tons of built-ins and other storage, you will not want for space or storage.  The view from every window is a remarkable scene of the surrounding pasture with trees and mountains in the background.  The heavy gauge metal roof has allowed the owner to get a reduced rate on insurance.  An automated two-way alarm system, operational by phone, is already in place.  The home also features 2’X6’ exterior framing, and the seller is very happy with the average electric bills through the local electric coop.  High speed fiber optic internet is to the headquarters also.  The well that supplies water to the home, shop, and working pens has very good volume and has never failed during the seller’s ownership. 

A brick 875 sq. ft. guest house provides additional space for visitors or could be a rental.  This house features one bedroom, one bath, kitchen/dining, and sitting area. Hardwood and tile flooring, lots of windows, and wood trim make this an adorable guest quarters or home office, kids game room, man-cave, she-cave, crafting area, etc.

The property has about 160 acres of open clean pasture, with the balance being lightly to heavily treed with large hardwoods, with an abundance of Oaks, Hickory, and Black Walnut.  The under story is open from previous burns, and there is a lot of forage underneath much of the treed areas.  The cattle can browse the wooded areas allowing for time for the pastures to grow.  Some of the pastures are cut for hay.  With Whitetail deer, turkey and other wildlife being in abundance, this is also a very nice hunting property, with one mile of National Forest all along the south fence line.  If you wanted to use the property for hunting and recreational purposes, not running cattle, it is possible to cut 1,000 bales of hay in a season.  The front three ponds are stocked with Black Bass and pan fish, some of the other ponds are stocked also.  There are a couple of springs on the property that provide flowing streams much of, if not all, of the year Sit on the covered front porch overlooking pasture, three ponds, and watch the deer and turkey romp in the pastures. Fish the ponds, take nature hikes or go on leisurely ATV or horseback rides. A watershed lake is located across the road and is available for fishing.  If you are a true nature lover you will enjoy the wild Daffodils, Irises, wild onions and garlic, mushrooms, blackberries, and many varieties of wildflowers.  Moss Rock is prevalent on the wooded hillsides.  Sited in the Boston Mountains, which are part of the Ozark Mountain system, this ranch is truly in nature, and the sunsets ar