Phase 2: Horseshoe Bay Homesites Offered at Auction by Higgenbotham Auctioneers

Online, September 14, 2011 (Newswire.com) - Higgenbotham Auctioneers International (HAI) announced today that they will be offering at auction 356 lots in the all-inclusive Horseshoe Bay community. This is Phase 2 of the major auction by order of the secured lender to liquidate over 300 prime homesites. Of the 356 total lots, 210 will be offered without reserve. The auction will be held at 11AM (CDT), Saturday, September 24 at La Quinta Inn & Suites Marble Falls, 501 Highway 2147 West in Marble Falls, TX. Lots will be offered individually as well as in packages. "These homesites are located just 50 miles from Austin on Lake LBJ and boast many recreational activities, numerous golf courses, tennis, boating and much more for anyone to enjoy," said Jim Owen auctioneer for Higgenbotham Auctioneers.

Located in the beautiful Texas Hill Country, Horseshoe Bay is situated on the constant-level Lake Lyndon B. Johnson, known locally as Lake LBJ. The Horseshoe Bay homesites are in close proximity to the shopping, cultural and entertainment cities of Austin and San Antonio.

Horseshoe Bay features many amenities, such as a local airport within the community and three 18-hole Championship Golf Courses. In addition, the Horseshoe Bay Resort provides further services such as the Bayside Fitness Center, tennis courts, four pools and water sports facilities.

Previews will be held on September 16-18 and 23 from 10AM to 4PM. The preview site is located at 9000 Highway 2147 West, Suite 100, Horseshoe Bay, TX.

About Higgenbotham Auctioneers International
Higgenbotham Auctioneers is a full service auction firm specializing in the sale of real estate and personal property. Based in Lakeland, Florida, the firm is currently celebrating 50 years in the auction industry and has conducted auctions in 49 states and several foreign countries. Higgenbotham's clients include Wal-Mart Realty, Alcoa, 84 Lumber and numerous privately held companies and individuals.

For complete details visit higgenbotham.com or contact Earl Williams at 800-257-4161.

Property not available to persons residing in states where the sale is prohibited unless the property has been registered with the proper regulatory authority in the person's state of residence. All residents of the state of Texas are approved to bid and purchase.

James Lee Owen, Jr., TX Lic# BR0395965 AU13296; 10% Buyer's Premium.