North Texas Mansion Up For Auction

By Kim Fischer
|  Monday, Dec 14, 2009  |  Updated 4:54 PM CDT
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North Texas Mansion Up For Auction

An Arlington couple is placing their mansion on the auction block Tuesday afternoon for the highest bidder.

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An Arlington couple is placing their mansion on the auction block Tuesday afternoon for the highest bidder.

The three-story home, appraised at $2.6 million, sits on 3.35 acres with a lake, a tennis court and top-of-the-line finish out.

"Top artisans and craftsmans from around the country worked on this house,” said Pat Kirby, one of the home’s auctioneers.

Kirby said the homeowners tried selling the home a couple years ago, but it fell through.

"They’re empty nesters, and they just want to sell it and move on," Kirby said.

The owners decided to give the auction a try. They've been advertising the property nationwide since October and have gotten more than 120 inquiries.

"The more qualified people we can bring together on auction day, the better results we have for the seller," Kirby said.

The home will hit the auction block at 2 p.m. Tuesday. Bidders must register by 4 p.m. Monday with a $50,000 certified check or personal check with a bank letter of guarantee.

"They also have to have the ability to write a check for the remainder of the 10 percent down payment that is due immediately after the gavel falls and then close within 30 days," Kirby said.

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