Uploaded by cbcsouthwest on Aug 29, 2011
Brenham High Ranch is an Institutional quality land listing. It is a once in a life-time opportunity to own 220 acres adjacent to Brenham benefitting from spectacular 270 degree views and unmatched exit strategy flexibility. We believe it is the best raw land investment available in the greater Houston Hamptons area (west of Houston-south of College Station-east of Austin) market today.
HIGHLIGHTS
(1) Best under $3M raw land 200+ acre opportunity in the Houston Hamptons (W of Houston, S of BCS & W of Austin) with 5% BBC
(2) Adjacent to High School, City Limits on South and West sides, 2 mi. to downtown, 3 mi. to US 290 East & West
(3) Unmatched in the Houston Hamptons development and exit strategy flexibility
(4) Stunning 270 degree vista views, 50 % densely wooded, 4 ponds rolling topography with 100'+ elevation changes
(5) Census tract outperforms LOCAL Benchmarks with highest population growth, $1M+ net worth, incomes and home values
(6) Outstanding Washington County quality of life, $1B+ local economy, low
cost of living, low unemployment
EXECUTIVE SUMMARY
Overview
It is the largest contiguous acreage offering inside or adjacent to the City of Brenham.
It is adjacent to Brenham High School on the South and a very nice subdivision on the West. It offers views beyond Chappell Hill, dense wooded areas, 4 ponds and rolling topography with 100'+ elevation changes competitive with any Washington County or Hill Country Settings.
It is immediately adjacent to Brenham High School and the Brenham City Limits.
Washington County benefits from proximity to Houston, Austin and College Station (3 of the strongest CBSAs in the US.
We believe the offering presents an unmatched combination of location, views, value, immediate use flexibility and diversity of viable exit strategies in the Houston Hamptons.
5% BBC.
Pricing
Priced at $13,500 per acre. Based 220.95 acres as reported by the Washington County Appraisal District, Brenham High Ranch is competitively priced at $2,982,893 US.
Extraordinary Development and Exit Strategy Flexibility
We believe the Brenham High Ranch has development and exit strategy flexibility unmatched by any property available in the Houston Hamptons market.
It has over 1-mi. of frontage, 100'+ estimated elevation ranges, 4 ponds and stunning vista views.
Potential development options include: single family homes in the lower 60 acres, a ranch or ranch estates in the middle 100 acres, a park or additional ranch/home properties on the upper 60 acres.
Buy and hold using some or all as a ranch. Buy and subdivide into smaller parcels, buy and jointly develop with home builders, approach the City about annexation and/or about acquiring some of the land for a Park, etc.
Great Location
(7) Unmatched local proximity: adjacent to Brenham High School, less than 2 mi. to downtown Brenham and 3 mi. to US Highway 290.
(8) Tremendous regional proximity: 39 mi. to College Station, 57.mi. to NW Houston, 62 mi. to Bastrop,76 mi. to downtown Houston and 92 mi. to downtown Austin.
(9) Convenient airport access: 3 mi to Brenham Municipal Private Airfield, 38 mi. to Easterwood Field at College Station, 80 mi. to Houston Bush, 84 mi. to Austin Bergstrom and 85 mi. to Houston Hobby.
Superior Retail Opportunities
At a 5-minute drive-time:
(10) Top 3: Avg. $2.7M+ in total annual potential revenues; $1,627 per household; and $620 per person
(11) Top 5: Avg. $2.4M+ total; $1,435 per household; and $548 per person
(12) Top 10: Avg. $1.4M+ total; $854 per household; and $326 per person
(14) Top 5 opportunities: Auto Dealer & Parts, Department Store, Gas Station, Limited Service Eating and General Merchandise
Unmatched Immediate Area Demographics
(15) Compared to ALL Benchmarks*, the Census Tract has highest %: residents in agriculture and wholesale, highest % married and living together, associate's degree attained; and 2nd highest % growth in $250K+ household incomes.
(16) Compared to ALL Benchmarks*, the Census Tract has lowest %: unemployment, lowest home debt leverage key indicators and % married and separated.
(17) Compared to LOCAL Benchmarks*, the Census Tract has highest %: population growth, household growth, family growth, $1M+ household net worth, $250K+ household incomes, $500K+ household incomes, $200K-$500K home values, $1,500+ monthly mortgages and at least a master's degree.
*Benchmarks. LOCAL Benchmarks include: Census Tract, 5-min. drive-time, City of Brenham, 77833 Zip Code, Washington County. ALL Benchmarks include: LOCAL Benchmarks, Bryan-College Station DMA ("BCS DMA"), Houston DMA, Texas and the US.
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