MAGNOLIA OAKS EXCLUSIVE LISTING FM 1488 & HWY 149 SOUTHWESTERN MONTGOMERY COUNTY, TEXAS TU249

Transcription

1 MAGNOLIA OAS EXCLUSIVE LISTING & HWY 149 SOUTHWESTERN MONTGOMERY COUNTY, TEXAS LOCATION The master planned community property is located less than two miles north of the intersection of and Hwy 149 in southwestern Montgomery County, Texas. SIZE ±873 acres PRICE $22,500 per acre for the entire tract TERMS Cash to seller UTILITIES The owners have created a Municipal Utility District (MUD) Montgomery County MUD #125 on the property. The attorney assisting them is Peter Harding of Schwartz, Page & Harding ( ). The engineer for the MUD is Teague Harris with IDS Engineering ( ). If a Buyer is considering developing the tract into a large lot or acreage community, the MUD process is in the initial stages, as it could be excluded from some portion of the property or the MUD could remain dormant, if the Buyer finds it unnecessary. DRAINAGE The property has very little flood plain. The tract will drain in a northeasterly direction under Hwy 149 and will eventually flow into Lake Creek. SCHOOL DISTRICTS The property is located in the highly rated ISD. NEW HWY 249 TOLLWAY (AGGIE EXPRESSWAY) The new Hwy 249 extension is scheduled to run just southwest of this tract. The tollway is scheduled to be open in late 2020 or early COMMENTS The area is poised for new single family development. The area has been primarily developed as large lot or acreage communities, however, as the Woodlands completes its build-out, the area is the next community to benefit and Oaks is one of the few tracts that can accommodate a master planned community (MPC). This beautiful property features hundreds of large mature oak trees on rolling terrain, making this tract ideal for the development of a high-end single family MPC. The property has excellent access from both Hwy 249 via Hwy 149 and I-45 North via. The property is about 25 minutes from The Woodlands Mall and about 15 minutes from the future Super Target and new roger at & FM 2978 and a new HEB is proposed to open in 2019 on across from High School. Crown Campbell Estate Subject FM 1486 Woods anch Bypass Extension Legacy Trust MPC irk Laguarta klaguarta@landadvisors.com Duane Heckmann dheckmann@landadvisors.com 820 Gessner Road, Suite 950, Houston, Texas ph The information contained herein is from sources deemed reliable. We have no reason to doubt its accuracy but do not guarantee it. It is the responsibility of the person reviewing this information to independently verify it. This package is subject to change, prior sale or complete withdrawal.tx-montgomery

2 METRO MAP Conroe Montgomery County Subject Grimes County Waller County Pinehurst TU242 Patton Village The Woodlands Lake Houston State Park Liberty County Harris County Tomball Grand Parkway Spring Harris County Waller County 290 Cypress 45 Humble George Bush Intercontinental Airport Atascocita TV 8 Lake Houston 90 Aldine Miles TU 99 TU Houston Jacinto City TU330 While the Land Advisors Organization makes every effort to provide accurate and and complete information, there there is no is warranty, no warranty, expressed expressed or implied, or implied, as to the as accuracy, to the accuracy, reliability or reliability completeness or completeness of furnished data. of furnished This information data. This can not information be reproduced can not in part be reproduced or whole without in part prior written whole without permission. prior written 2016 The permission. Land Advisors Land Organization. Advisors All Organization rights reserved.

3 REGIONAL MAP MountMar iah R d Eva St TU105 Lake Conroe FM 830 Panorama Village Teaswood TU 75 Longmire Grimes County Montgomery County Graystone Hills Loop 336 Stone Brookwood Spring Branch Rd Rd FM 3083 Rabon ChapelRd Davis St Airport Rd FM 2854 Conroe FM 1774 Crown Campbell Estate Subject Skye Grand Lake Estates Woodforest Woodhaven Forest Frazier St 45 Grimes County Waller County Rice University Tract Frost Trustee Projects Bank Active Pending Conceptual Future Miles Woods FM 1774 FM 1486 Legacy Trust MPC Ridge Devon Energy Pinehurst Traditional Richfield Investments Corp. Riata Dr FM 2978 Dr Branch Cro ssing Al de n uykendahl Rd Bridge Dr College Park The Woodlands Jacobs Reserve G oslin g Rd Dr Res earch Forest Dr TU242 The Woodlands

4 SURROUNDING DEVELOPMENT MAP FM 1774 Extension Stone Active Acreage Lots Brookwood Active Acreage Lots FM 2854 Crown Active Acreage Lots Campbell Estate Proposed Acreage Lots under contract 3,900± acres Subject Montgomery ISD ISD Woods Proposed MPC 5,650± acres FM 1486 FM 362 Navasota ISD Waller ISD Large Lots Projects Active Pending Conceptual Future Non Residential Miles Saddle Creek Active Acreage Lots Rice University Tract 3,900± acres Frost Trustee Bank 2,000± acres Waller ISD ISD 589± acres High School West Campus Ridge Active MPC Legacy Trust MPC 1,137± acres MPC FM 1774 Devon Energy 1,895± acres Traditional Richfield Investments Corp. 2,500± acres

5 CONTOUR & FLOODPLAIN MAP 260 ft ft ft ft ft 180 ft ft ft ft ft Jackson Rd 200 ft 180 ft 170 ft La k e C r eek Shady Oaks Blvd ft ft Country Oaks Blvd ft ft Stillwater Stillwater Ct Blvd Weeren Rd Hall Dr N Extension ft ft ft ft 270 ft 270 ft ft ft Hall Dr S ft ft ft ft ft ft ft ft ft ft ft ft ft ft R d aren Switch 10 ft Contours Floodplains ,200 Feet ft 260 ft ft ft O'dell Rd ft ft Allyson Rd ft Tree Farm Rd 200 ft

6 PROPERTY DETAIL MAP Extension ,000 Feet

7 SITE PLAN MAP Extension ,000 Feet

8 Scale 1 = 400 LAND PLAN 74.6 AC (22 AC) (36 AC) (8 AC) (31 AC) (9 AC) D (15 AC) CN 81.7 AC (20 AC) (2.5 AC) (14 AC) (4 AC) (30 AC) D (19 AC) (22 AC) (31 AC) (9 AC) 45.7 AC (14 AC) (5 AC) (2.5 AC) (2.7 Park) EN (49 AC) AC 45.7AC (24 AC) (12 AC) (21 AC) Traditional Neighborhood 60 and 70 Lots Custom Neighborhood 80 and 90 Lots Estate Neighborhood 1/2 and 1 Acre Lots Retail Detention () (CN) (EN) (R) (D) Park / Pedestrian Easments Drill Sites Water / Waste Water Treatment 100 yr. Flood Plain Off Property Arterial Pod Designation Total Pod Net Acreage Sub-Area Acreage 44.7 AC (20 AC) (18 AC) (4 AC) (25 AC) (28 AC) 53.5 AC (32.5 AC) (3 AC) Water Plant ROW Dedication (3 AC) (7.5 AC) Regional Arterial Neighborhood Collector Street (24 AC) (27 AC) CN AC (33 AC) (15.5 AC) (3 AC) (21 AC) D (36.2 AC) R 21 AC (13.5 AC) (17 AC) (4.2 AC) (31 AC) (7.5 AC) Reference Map Not to Scale NORTH

9 INFORMATION ABOUT BROERAGE SERVICES Texas law requires all real estate license holders to give the following information about brokerage services to prospective buyers, tenants, sellers and landlords. TYPES OF REAL ESTATE LICENSE HOLDERS: A BROER is responsible for all brokerage activities, including acts performed by sales agents sponsored by the broker. A SALES AGENT must be sponsored by a broker and works with clients on behalf of the broker. A BROER S MINIMUM DUTIES REQUIRED BY LAW (A client is the person or party that the broker represents): Put the interests of the client above all others, including the broker s own interests; Inform the client of any material information about the property or transaction received by the broker; Answer the client s questions and present any offer to or counter-offer from the client; and Treat all parties to a real estate transaction honestly and fairly. A LICENSE HOLDER CAN REPRESENT A PARTY IN A REAL ESTATE TRANSACTION: AS AGENT FOR OWNER (SELLER/LANDLORD): The broker becomes the property owner s agent through an agreement with the owner, usually in a written listing to sell or property management agreement. An owner s agent must perform the broker s minimum duties above and must inform the owner of any material information about the property or transaction known by the agent, including information disclosed to the agent or subagent by the buyer or buyer s agent. AS AGENT FOR BUYER/TENANT: The broker becomes the buyer/tenant s agent by agreeing to represent the buyer, usually through a written representation agreement. A buyer s agent must perform the broker s minimum duties above and must inform the buyer of any material information about the property or transaction known by the agent, including information disclosed to the agent by the seller or seller s agent. AS AGENT FOR BOTH - INTERMEDIARY: To act as an intermediary between the parties the broker must first obtain the written agreement of each party to the transaction. The written agreement must state who will pay the broker and, in conspicuous bold or underlined print, set forth the broker s obligations as an intermediary. A broker who acts as an intermediary: Must treat all parties to the transaction impartially and fairly; May, with the parties written consent, appoint a different license holder associated with the broker to each party (owner and buyer) to communicate with, provide opinions and advice to, and carry out the instructions of each party to the transaction. Must not, unless specifically authorized in writing to do so by the party, disclose: that the owner will accept a price less than the written asking price; that the buyer/tenant will pay a price greater than the price submitted in a written offer; and any confidential information or any other information that a party specifically instructs the broker in writing not to disclose, unless required to do so by law. AS SUBAGENT: A license holder acts as a subagent when aiding a buyer in a transaction without an agreement to represent the buyer. A subagent can assist the buyer but does not represent the buyer and must place the interests of the owner first. Regulated by the Texas Real Estate Commission. Information available at TO AVOID DISPUTES, ALL AGREEMENTS BETWEEN YOU AND A BROER SHOULD BE IN WRITING AND CLEARLY ESTABLISH: The broker s duties and responsibilities to you, and your obligations under the representation agreement. Who will pay the broker for services provided to you, when payment will be made and how the payment will be calculated. LICENSE HOLDER CONTACT INFORMATION: This notice is being provided for information purposes. It does not create an obligation for you to use the broker s services. Please acknowledge receipt of this notice below and retain a copy for your records. Licensed Broker/Broker Firm Name or License No. Phone Primary Assumed Business Name Designated Broker of Firm License No. Phone Licensed Supervisor of Sales Agent/ License No. Phone Associate Sales Agent/Associate s Name License No. Phone Buyer/Tenant/Seller/Landlord Initials Date THE TEXAS REAL ESTATE COMMISSION (TREC) REGULATES REAL ESTATE BROERS AND SALES AGENTS, REAL ESTATE INSPECTORS, HOME WARRANTY COMPANIES, EASEMENT AND RIGHT-OF-WAY AGENTS, AND TIMESHARE INTEREST PROVIDERS YOU CAN FIND MORE INFORMATION AND CHEC THE STATUS OF A LICENSE HOLDER AT YOU CAN SEND A COMPLAINT AGAINST A LICENSE HOLDER TO TREC - A COMPLAINT FORM IS AVAILABLE ON THE TREC WEBSITE TREC ADMINISTERS TWO RECOVERY FUNDS WHICH MAY BE USED TO SATISFY A CIVIL COURT JUDGMENT AGAINST A BROER, SALES AGENT, REAL ESTATE INSPECTOR, OR EASEMENT OR RIGHT-OF-WAY AGENT, IF CERTAIN REQUIREMENTS ARE MET IF YOU HAVE QUESTIONS OR ISSUES ABOUT THE ACTIVITIES OF A LICENSE HOLDER, THE COMPLAINT PROCESS OR THE RECOVERY FUNDS, PLEASE VISIT THE WEBSITE OR CONTACT TREC AT: TEXAS REAL ESTATE COMMISSION P.O. BOX AUSTIN, TEXAS (512)