Tuesday, October 26, 2010

24+ acres on TX HWY 237 in the affluent and prestigious Round Top community, an international destination for antiques, weekends and classical music competition. Reduced $25K from prior list price, NOW $425K ($17,171 per acre) with 3% BBC, priced to sell now!


Coldwell Banker Commercial Southwest Partners George Alexander - (979) 421-9996
Agricultural Property For Sale


24 acres on TX 237 in Round Top
No address on TX HWY 237, Round Top, TX 78954
No address on TX HWY 237, Round Top, TX 78954

No address on TX HWY 237, Round Top, TX 78954

Price:$425,000
Lot Size:24.57 AC
Property Type:Agricultural
Property Sub-type:Pasture/Ranch
Additional Sub-types:Multifamily (land)
Residential (land)
Retail (land)
Tax ID / APN #:52209
Zoning Description:None known
Features:
  • Electricity/Power
  • Irrigation
  • Water
  • Telephone
  • Cable
  • Gas/Propane
  • Last Verified 10/26/2010
    Listing ID 16885968





    1 Lot Available



     
    Lot 1

     Price:$425,000 
     Lot Size:24.57 AC 
     Price/AC:$17,297.52 
     Lot Type:Pasture/Ranch 
     Commission Split:3% 





    Map of No address on TX HWY 237, Round Top, TX 78954 (Fayette County)


    Find out more about No address on TX HWY 237, Round Top





    Highlights
    Unmatched opportunity in the very affluent Round Top community with a broad range of commercial, professional, retail, residential, mulit-family
    1 of best school systems in Austin-Houston-College Station area w/ all schools carrying TEA Exemplary ratings & 9 of 10 Greatschools rating
    Conceptual site plan: (1) 30K SF retail/professional; (2) 11 single family on 1+ ac. each; (3) 40K SF Motel; (4) 80K SF multi-family
    Multiple exit strategies: (1) Residential &/or commercial owner use & hold; (2) Develop; (3) Partial build and sell excess
    Valuable combination including cleared TX HWY frontage & 45% heavily wooded
    Reduced $25,000 from prior list price, NOW $425,000 ($17,171 per acre) with 3% BBC, it is priced to sell now







    Description
    Coldwell Banker Commercial Southwest Partners and Heritage Texas Country Properties have been retained as the exclusive advisors for 24+ acres on TX HWY 237 in the affluent and prestigious Round Top community, an international destination for antiques and classical music competition.

    Reduced $25,000 from prior list price, NOW $425,000 ($17,171 per acre) with 3% buyer broker commission, it is priced to sell now!

    The property is across the street from the acclaimed Round Top Carmine Elementary School and from the main entrance to the Round Top International Festival Institute. Adjacent property is owned by the James Dick Foundation, the owner of the Institute.

    The property has 3* coveted curb cuts on TX HWY 237 and 417' * of TX HWY 237 frontage. It features gently rolling topography with elevations ranging from 389' * to 444' *. It has a live creek traversing the north property line but none of the property is in a flood zone.

    The property is a valuable combination of cleared land including all TX HWY frontage as well as heavily wooded areas. The north and east property lines are tree lined to afford privacy and a soothing environment. We estimate 45%* wooded.
    (1) 7 miles to US Highway 290 the Austin-Houston Highway , 49 miles to Bastrop, 59 miles to College Station, 75 miles to Austin and 78 miles to northwest Houston in the affluent Austin DMA.

    (2) Compared to AREA Benchmarks*, Round Top has highest %: (a) $1M+ household net worth; (b) Married and living together; (c) Bachelor' s degree highest attained; and (d) At least master' s degree attained.

    (3) Compared to ALL Benchmarks**, Round Top has highest %: (a) Annual home value growth; (b) $300K-$749K home values; (c) $1M+ home values; (d) White collar workers; and (e) single family detached homes. Compared to ALL Benchmarks**, Round top has: (a) Highest median household net worth; and (b) Lowest unemployment rate.

    (4) Compared to ALL Benchmarks**, Round Top is # 2 to Austin in highest avg. 2010 home values but will become # 1 by 2015!

    *AREA Benchmarks include: Round Top CDP , Round Top, La Grange, Brenham, 78954 zip code (greater Round Top zip code), 77833 zip code (primary Washington County zip code), Fayette County (Round Top' s County) and Washington County (Brenham' s County). ALL also includes Austin DMA, TX & US.





    Additional Photos

    2-View from TX 237 1

    2-View from TX 237 1


    3-View from TX 237 2

    3-View from TX 237 2


    4-View from TX 237 3

    4-View from TX 237 3


    5-View from TX 237 4

    5-View from TX 237 4


    6-View from TX 237 5

    6-View from TX 237 5


    7-eye level close up

    7-eye level close up


    8-tree line 1

    8-tree line 1


    9-tree line 2

    9-tree line 2


    10-massive oaks

    10-massive oaks


    11-electric on site

    11-electric on site


    14-ultra close-up of trees

    14-ultra close-up of trees


    15-bird

    15-bird's eye view Frank's forest 1


    16-northwestern corner

    16-northwestern corner


    17-northeastern corner

    17-northeastern corner


    18-eastern corner

    18-eastern corner


    19-southern corner

    19-southern corner


    20-southwestern corner

    20-southwestern corner


    21-highway frontage

    21-highway frontage


    22-wetern property line

    22-wetern property line


    23-wooded northern area

    23-wooded northern area


    24-satellite half-mile radius

    24-satellite half-mile radius


    25-satellite 1-mile radius

    25-satellite 1-mile radius


    26-elevations

    26-elevations


    27-conceptual site plan

    27-conceptual site plan


    28-area topo

    28-area topo


    29-none of property in flood plain

    29-none of property in flood plain


    30-map from Round Top

    30-map from Round Top


    31-proximity to City limits

    31-proximity to City limits


    32-Map from US 290 westbound

    32-Map from US 290 westbound


    33-map from US 290 eastbound

    33-map from US 290 eastbound


    34-map from LaGrange

    34-map from LaGrange


    35-area map

    35-area map


    36-Austin DMA map

    36-Austin DMA map


    37-25, 50 & 75-mile radius

    37-25, 50 & 75-mile radius


    38-regional map

    38-regional map


    41-avg home values 2010 & 2015

    41-avg home values 2010 & 2015


    42-annual % home value growth

    42-annual % home value growth


    43-$300K-$399K home values

    43-$300K-$399K home values


    44-$400K-$499K home values

    44-$400K-$499K home values


    45-$500K-$749K home values

    45-$500K-$749K home values


    46-$1M+ home values

    46-$1M+ home values


    47-median household net worth

    47-median household net worth


    48-Uner $15K household net worth

    48-Uner $15K household net worth


    49-$250K-$499K household net worth

    49-$250K-$499K household net worth


    50-$1M+ household net worth

    50-$1M+ household net worth


    51-unemployment

    51-unemployment


    52-household consumer spending

    52-household consumer spending


    53-avg rent without utilities

    53-avg rent without utilities


    54-avg rent with utilities

    54-avg rent with utilities


    55-avg mortgage

    55-avg mortgage


    56-median mortgage

    56-median mortgage


    57-retail employees

    57-retail employees


    58-finance, insurance & real estate employees

    58-finance, insurance & real estate employees


    59-household leverage levels

    59-household leverage levels


    60-$1K-$1.5K mortgages

    60-$1K-$1.5K mortgages


    61-$2K-$2.5K mortgage

    61-$2K-$2.5K mortgage


    62-home sold or rented but unoccupied

    62-home sold or rented but unoccupied


    63-never married

    63-never married


    64-married but separated

    64-married but separated


    65-single family detached homes

    65-single family detached homes


    66-avg household size

    66-avg household size


    67-less than 9th grade education

    67-less than 9th grade education


    68-bacherl

    68-bacherl's degree highest attained


    69-at least master

    69-at least master's degree


    70-QR code

    70-QR code




    Coldwell Banker Commercial Southwest Partners George Alexander - (979) 421-9996
    The information above has been obtained from sources believed reliable. While we do not doubt its accuracy we have not verified it and make no guarantee, warranty or representation about it. It is your responsibility to independently confirm its accuracy and completeness.


     
    Investment Properties on LoopNet.com

    CJ6DL9M

    No comments:

    Post a Comment