Coldwell Banker Commercial Southwest
www.coldwellbusiness.com
Property ID: 62436
Property Type: Ranch
Property Address:
360 Center Hill Rd.
Bellville, TX 77418
County: Austin
Price: $288,582
Property Size: 1,323,352 Sq. Ft. |
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Property Description
The Land Development Division of Coldwell Banker Commercial Southwest is excited to announce a
PRICE REDUCTION
COUPLED WITH A NEW 5% BUYER’S AGENT COMMISSION OR 2% CASH BACK TO THE BUYER AT CLOSE
on the CLEAR CREEK ESTATES OF BELLVILLE ESTATES with 30+ acres NOW priced at $288,582 and STILL with 100% FINANCING AVAILABLE.
The Estates are located in the prestigious Stokes Road/Central Hill area just north of Bellville in the acclaimed Bellville Independent School District. The Estates have extensive trees, vista views at 270’ to 280’ elevations, extensive frontage on a live creek and at least four excellent potential building sites. The Estates are in a natural state ready for you to create your own retreat.
We believe the combination of features, NEW price reduction, NEW 5% BUYER’S AGENT COMMISSION OR 2% CASH BACK TO THE BUYER AT CLOSE and 100% FINANCING STILL AVAILABLE make The Estates a persuasive offering for a weekend or full-time ranch.
HIGHLIGHTS
(1) The Estates are wooded and features tree-lined Clear Creek in a natural state.
(2) Up to 100% FINANCING available including land, new construction and improvements.
(3) % BUYER’S AGENT COMMISSION OR 2% CASH BACK TO THE BUYER AT CLOSE.
(4) Features four potential building sites with a gently sloping topography anchored by Clark’s Ridge, a 270’ ridge traversing the property providing a serene, exclusive, vista view setting anchored by a tree lined creek.
(5) Available at 30+ acres for $296,731
(6) Based on the available information April 8, 2008 surface rights convey subject to survey.
(7) Restrictions protect your investment in The Estates.
(8) In the acclaimed Bellville ISD, just 5.7 miles from the high school 5 miles from all other public schools.
(9) 63 miles from Houston US 290 West and Beltway interchange or the Interstate 10 and Beltway interchange.
(10) Austin County economy is very stable. Estimated at over $675,000,000 in 2008 and projected to grow by a robust 6.25%+ per year through 2012.
Call 979.421.9996 to contact any member of the Land Development Division of Coldwell Banker Commercial Southwest Clear Creek Estates listing team.
You can also contact the listing team by email at ClearCreekEstateTeam@ColdwellLandAndRanch.com.
5% BUYER AGENT COMMISSION OR 2% CASH BACK AT CLOSE
The Broker of a Buyer’s Agent is eligible for a 5% Broker commission upon closing of the Lake Somerville Business Center sale.
If the buyer is represented by a member of the Coldwell Banker Commercial Southwest Land Development Division listing team, the Buyer will receive 2% cash back at close.
FINANCING
Up to 100% financing is available.
Financing can include land, new construction, improvements, renovations and capital equipment.
Considerations:
A decision on subordinated owner financing is at the complete discretion of the owner. Factors that may be considered include qualifications, terms, equity structure, site and/or development plan and others.
Terms:
The interest on the subordinated mortgage is two percent or 200 basis points above your first mortgage. For example, the first mortgage is at 6.25%. The subordinated mortgage will be at 8.25%. If the first mortgage adjusts, the subordinated mortgage adjusts at the same time. All late penalties, interest and fees defined in the first mortgage are applicable to the second mortgage.
Amortization Schedule:
Payments based on a 30-year amortization schedule.
Balloon:
The final balloon payment is due in five-years. If the first mortgage is refinanced or paid off, any subordinated owner financing becomes immediately due.
PROPERTY
The Estates present an exceptional value for a weekend or full-time private retreat in Austin County. We estimate that 40% of The Estates are wooded. Clear Creek is a spring fed full-time creek gently meandering across Clear Creek Estates. The Estates feature approximately 894’ of creek frontage. The Estates have been essentially untouched for over 30 years. The owner lives in Austin. This natural state provides an exceptional opportunity for you to create your desired landscape and environment using the natural beauty of Austin County and The Estates.
The Estates feature a gently sloping topography ranging from approximately 284’ to approximately 240’ along the edge of Clear Creek. The grade reduction of over 40’ from the eastern to western property line toward Clear Creek provides an exceptional hillside setting with spectacular sunset and vista views.
The Clark Ridge provides outstanding settings for at least four home sites. Each of the sites offers a tree-lined secluded estate setting. At the 270’ Clark Ridge elevations, each home site can maximize a stunning setting.
If positioned facing westward, your estate will enjoy sunset vista view overlooking Clear Creek framed by the hills of Austin County.
Based on information attained April 8, 2008, surface rights convey subject to survey.
Approximately 120’ of frontage on Center Hill Road is owned by the Seller. A pipeline easement traverses the northern edge of the property. A graphic is attached with the approximate location of the pipeline.
The Estates currently benefit from a cattle lease. The lease can be indefinitely continued or terminated with 90-days notice. Having a cattle lease in place supports an agricultural exemption. It can also provide you with income while developing your plans for your estate.
The Estates have restrictive covenants prohibiting:
(a) Mobile homes (modular and kit homes are acceptable with a slab or pier and beam foundation)
(b) Inoperable vehicles
(c) Equipment storage unless garaged
(d) Trash piles
(e) Unhealthy or unsanitary practices
LOCATION
(1) 4.5 miles north of Bellville. 19 miles to Interstate 10.
(2)20 miles to regional shopping, services and entertainment in Brenham and Sealy.
(3) 15 miles to Chappell Hill and Cat Spring. 25 miles to New Ulm. 31 miles to Washington. 35 miles to Independence. 35 miles to Round Top, Burton, Columbus and Lake Somerville.
(4) 40 miles to major shopping offered at Katy Mills Mall and the new Luxury Outlet Mall in Fairfield.
(5) 63 miles to Houston US 290 West and Beltway interchange or the Interstate 10 and Beltway interchange.
SCHOOL DISTRICT AND ACCESS
(1) 4 miles from Spicer Kindergarten of the Bellville ISD and St. Mary’s Episcopal Day School.
(2) 5 miles from the Elementary School, Intermediate School and Junior High School.
(3) 5.6 miles from Bellville High School.
(4) 7.1 miles from Bellville’s well regarded private school, Faith Academy.
ADDITIONAL INTERNET LINKS
(1) Dedicated website:
http://property.loopnet.com/15652767
(2) Link to listing website with all graphics and pictures utilized in The Estates offerings in PDF or JPG files for easy downloading:
http://listing.loopnet.com/15652767
(3) Link to all demographic and econometric reports and analysis utilized in The Estates offerings in PDF files for easy downloading:
www.coldwellbusiness.com/ListingReports.ClearCreekEsta tes.html
(4) Link to professional listing with subordinated financing details as well as density, demographic and econometric analysis:
http://www.landbrokermls.com/search/preview.php?propid=19 617
TAXES
Estimated 2008 taxes based on 2007 paid taxes of $59.39 and increased by 8%. For The Estates in their entirety, estimated 2008 taxes are $64.14. For Estate # 1, 2008 taxes are estimated at $36.81 and for Estate # 2, 2008 taxes are estimated at $27.33. The property is currently agricultural exempt. Consult your tax advisor regarding your expected taxes.
EMAIL TO YOU WHEN WE LIST NEW PROPERTIES THAT MEET YOUR SPECIFICATIONS
We offer immediate email contact when we list properties in categories you have expressed an interest.
Please send an email to PriorityListings@ColdwellLandAndRanch.com with your specifications.
DISCLOSURES & COPYRIGHTS
CBC is a wholly owned franchise of Alexander Tiffany Southwest, LLC. Analysis is preliminary, based on proprietary systems and models, is time sensitive and based on assumptions- stated and unstated. Graphics are only renderings. Measurements are only estimates. No warranties are expressed or implied. All content is protected by copyright laws, is only for prospects or legal representatives, and should not replace buyers own due diligence and analysis. Any other use is prohibited. |
Financial Summary
FINANCING
With a unique combination of loan alternatives including subordinated owner financing, you can take advantage of 100% financing. Your financing package can include land, new construction and improvements. A decision on any subordinated owner financing provided to you is at the complete discretion of the owner. Factors that may be considered include qualifications, terms, equity structure, site and/or development plan and others.
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Attached Documents
No Attached Documents |
Contact Information
Company: Coldwell Banker Commercial Southwest
Name: Administrator
Email: Click Here to Email
Phone: 979.421.9996
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