72 ac ranch in wise county county road 3677 wise county, … · 2018-05-10 · summary • property...

72 AC RANCH IN WISE COUNTYCounty Road 3677

Wise County, TX 77808

SCENIC RANCH LAND | FOR SALE

Representative Photo: Academy Sports + Outdoors in New Caney, Texas

Photo Credit: ARCH-CON RETAIL

SUMMARY • PROPERTY DESCRIPTION • MARKET OVERVIEW • DISCLAIMER



OFFERING SUMMARY

Sales Price $414,000

Price/AC $5,750/AC

Property Highlights• Wildlifeaboundstheranch

• Gentlyrollingterrain

• Quietranchsettingsprovidewelcomerelieffromthecity

• LessthananhourdrivefromForthWorth,Texas

• Approximatelyseven(7)milesfromSpringtown,Texas

Subject Property




PROPERTY INFORMATION

Size 72AC

Legal DescriptionTHREESKILLETRANCH,PT6772.593ACRES

A-1151JFWILLIAMSON

ID Number R000037049

Utilities Utilitiesinarea

Flood Plain Partial,alongthebackoftheproperty

Subject Property

Property OverviewThispropertyishiddenbetweenHighway199,FarmtoMarketRoad51andHighway114.Thisisaveryprivate,peacefulhideawaywithrollinghillssurroundedbywoodswherewildlifeabounds.

DirectionsFromSpringtown,Texas:TakeHighway199,WesttoGillilandRoad.TurnrightonGIllilandRoadforapproximately1.3miles.ThenturnrightonPeelRoad,andthenleftonCR3791.forapproximately1.5miles.TurnleftonNewsom(CR3680),andthentakethefirstrightontoCR3677wheretheranchentranceisonyourleft.




Survey




1 Mile 3 Mile 5 Mile

2017 Total Population 353 2,819 10,630

2022 Total Population 380 3,042 11,358

2017 Average Home Value $214,773 $250,824 $226,860

2022 Average Home Value $241,150 $324,863 $292,976

2017 Average HH Income $75,482 $79,556 $78,901

2022 Average HH Income $85,240 $92,111 $92,102

TOTA L P O P U L AT I O N O FO V E R 1 0 , 0 0 0

W I T H I N F I V E M I L E R A D I U S(ESRI2017)

T O TA L H O U S E H O L D SO V E R 3 , 0 0 0

W I T H I N F I V E M I L E R A D I U S(ESRI2017)

AV E R AG E H H I N C OM EO V E R $ 7 9 , 0 0 0

W I T H I N T H R E E M I L E R A D I U S(ESRI2017)

AV E R AG E H OM E VA LU EO V E R $ 2 5 0 , 0 0 0

W I T H I N T H R E E M I L E R A D I U S(ESRI2017)

Sources: Infogroup, Inc & ESRI




Sources:https://www.fortworth.com/media/press-kit/fort-worth-fact-sheet/http://www.fortworthecodev.com/fort-worth-overview/facts-figures/quality-of-life/

FortWorthisthe16th-largestcityintheUnitedStatesandpartoftheD/FWMSA,the #1 Tourist Destination in Texas. In fact, tourism brings in approximately 7.5millionvisitorsandcontributesover$900million toFortWorth’seconomy.Therearefivemainentertainmentdistrictsallwithinthreemilesofeachother:StockyardsNationalHistoricDistrict,SundanceSquare,CulturalDistrict,West7thDistrict,andthe Southside/Magnolia District. Fort Worth is also a major center for industry,technology,distributionandtransportation,withabundantlandandlowoperationcosts,corporationsfindtheareaanidealplacetodobusiness.LocatedatthetopoftheTexasTrianglethatisDallas-FortWorth,Houston,andSanAntonio,FortWorthmakesupthewesternhalfoftheDallas/FortWorthMSAandoffersadynamicandexpandingbusinessenvironment.

DALLAS / FORT WORTH

BRYAN / COLLEGE STATION

F O R T W O R T H RANKINGSAND RECOGNITIONS

HOUSTONAUSTIN

SAN ANTONIO

#5 BEST L ARGE CIT Y FORF IRST-TIMEHOME

BUYERS (WalletHub,July2017)

TOP 20 BEST L ARGE U.S. C IT IESTOSTARTA SMALLBUSINESS

(WalletHub,April2017)

#2 METRO AREA FORECONOMICGROWTH IN

THEU.S .(SiteSelectionmagazine,March2017)

#3 IN L ARGE CIT IES WITHFASTEST-GROWING

ECONOMY(WalletHub,2015)

#6 BEST L ARGEREAL-ESTATEMARKET

(WalletHub,Sept.2016)

#2 BEST CIT IESFORJOBSEEKERS

(Forbes,2015)

BEST PL ACES IN TEXAS TOHIRE VETERANS(SouthernBusiness&Development,Winter2016)

BEST DATA CENTERLOCATIONS IN TEXAS(SouthernBusiness&Development,Winter2016)

#2 FASTEST-GROWING REGION IN COUNTRY FORSMALLBUSINESS

GROWTH(FranchiseExpoSouth,Nov.2016)




TCUBrothers Addison and Randolph Clark founded TCU in 1873 in ThorpSpring, Texas, as AddRanMale and Female College. Later, the schoolmovedtoWacoin1895.TheUniversity’snamewaschangedtoAddRanChristianUniversityin1889andTexasChristianUniversityin1902.TCUrelocatedtodowntownFortWorthin1910whentheWacofacilityburned,andopenedthreenewbuildingsonthepresentcampusin1911.TCUisaprivateuniversitywithanenrollmentof10,394students.

FTWORTHSTOCKYARDSThe Fort Worth Stockyards is a historic districtthat is located inFortWorth,Texas,northof thecentralbusinessdistrict.The98-acredistrictwaslistedontheNationalRegisterofHistoricPlacesasFortWorthStockyardsHistoricDistrictin1976.They are a former livestockmarketwhich oper-atedundervariousownersfrom1866.

The Stockyards consist ofmainly entertainmentandshoppingvenuesthatcapitalizeonthe“Cow-town” imageofFortWorth.Hometo the famousbootmakingcompanyM.L.Leddy’swhich is lo-cated in theheartof theStockyards.ThecityofFortWorthisoftenreferredtoas“WheretheWestBegins.” The FortWorth Stockyards are the laststandingstockyardsintheUnitedStates.

Photo Source: http://www.cowboysindians.com/2017/05/best-of-the-west-visit-these-iconic-western-towns/

Sources:http://www.tcu.edu/at-a-glance.asp,https://en.wikipedia.org/wiki/Fort_Worth_Stockyards

Photo Source: http://keranews.org/post/fort-worth-police-tackle-tcu-campus-parties-are-getting-too-rowdy




Disclaimer

ThisOfferingMemorandumwaspreparedbyOldhamGoodwinGroup,LLC(Broker)solely for theuseofprospectivepurchasersofCountyRoad3677,WiseCounty, TX77808 (Property).Neither theBroker nor theownerof theproperty (Owner)makesanyrepresentationsorwarranty,expressedorimplied,astothecompletenessortheaccuracyofthematerialcontainedintheOfferingMemorandum.

TheOfferingMemorandumissolelyasolicitationof interest-notanoffertosell theProperty.TheOwnerandBrokerexpresslyreservetherighttorejectanyorallexpressionsof interestorofferstopurchasethePropertyandexpresslyreservetherighttoterminatediscussionswithanyentityatanytimewithorwithoutnotice.TheOwnershallhavenolegalcommitmentorobligationstoanyentitythatisreviewingtheOfferingMemorandumormakinganoffertopurchasethePropertyunlessanduntilsuchanofferforthePropertyisapprovedbytheOwnerandthesignatureoftheOwnerisaffixedtoaRealEstatePurchaseAgreementpreparedbytheOwner.

This OfferingMemorandum is confidential. By accepting the OfferingMemorandum, you agree that youwill hold the OfferingMemorandumanditscontentsinthestrictestconfidence,thatyouwillnotcopyorduplicateanypartoftheOfferingMemorandum,thatyouwillnotdisclosetheOfferingMemorandumoranyofitscontentstoanyotherentitywithoutthepriorwrittenauthorizationoftheOwner,andthatyouwillnotusetheOfferingMemoranduminanywaydetrimentaltotheOwnerorBroker.

Theinformationabovehasbeenobtainedfromsourcesbelievedreliable.Whilewedonotdoubtitsaccuracy,wehavenotverifieditandmakenoguarantee,warrantyorrepresentationaboutit.Itisyourresponsibilitytoindependentlyconfirmitsaccuracyandcompleteness.Anyprojections,opinions,assumptionsorestimatesusedareforexampleonlyanddonotrepresentthecurrentorfutureperformanceoftheproperty.Thevalueofthistransactiontoyoudependsontaxandotherfactorswhichshouldbeevaluatedbyyourtax,financialandlegaladvisors.Youandyouradvisorsshouldconductacareful,independentinvestigationofthepropertytodeterminetoyoursatisfactionthesuitabilityofthepropertyforyourneeds.Thisinvestmentinvolvesvariousrisksanduncertainties.

Youshouldpurchaseinterestonlyifyoucanaffordacompletelossofyourinvestmentyoushouldcarefullyconsidertheriskfactorsinvolved inthis investment.Youmaynotreceiveany incomefromthis investmentnoracompletereturnofallyour investment.Historicalorcurrentrealestateperformanceisnoguaranteeoffuturerealestateinvestmentproductresults.

INFORMATION ABOUT BROKERAGE SERVICES

Texas law requires all real estate license holders to give the following information about brokerage services to prospective buyers, tenants, sellers and landlords.

LicensedBroker/BrokerFirmNameorPrimaryAssumedBusinessName

DesignatedBrokerofFirm

LicensedSupervisorofSalesAgent/Associate

SalesAgent/Associate’sName

Regulated by the Texas Real Estate CommissionTAR2501

Information available at www.trec.texas.govIABS1-0

Email

Email

Email

Email

LicensedNo.

LicensedNo.

LicensedNo.

LicensedNo.

Buyer/Tenant/Seller/LandlordInitials

Phone

Phone

Phone

Phone

Date

TYPES OF REAL ESTATE LICENSE HOLDERS:• A BROKERisresponsibleforallbrokerageactivities,includingactsperformedbysales

agentssponsoredbythebroker.

• A SALES AGENTmustbesponsoredbyabrokerandworkswithclientsonbehalfofthebroker.

A BROKER’S MINIMUM DUTIES REQUIRED BY LAW (A client is the person or party that the broker represents):• Puttheinterestsoftheclientaboveallothers,includingthebroker’sowninterests;• Informtheclientofanymaterialinformationaboutthepropertyortransactionreceived

bythebroker;• Answertheclient’squestionsandpresentanyoffertoorcounter-offerfromtheclient,

and;• Treatallpartiestoarealestatetransactionhonestlyandfairly.

A LICENSE HOLDER CAN REPRESENT A PARTY IN A REAL ESTATE TRANSACTION:

AS AGENT FOR OWNER (SELLER/LANDLORD):Thebrokerbecomesthepropertyowner’sagentthroughanagreementwiththeowner,usuallyinawrittenlistingtosellorpropertymanagementagreement.Anowner’sagentmustperformthebroker’sminimumdutiesaboveandmustinformtheownerofanymaterialinformationaboutthepropertyortransactionknownbytheagent,includinginformationdisclosedtotheagentorsubagentbythebuyerorbuyer’sagent.

AS AGENT FOR BUYER/TENANT: Thebrokerbecomesthebuyer/tenant’sagentbyagreeingtorepresentthebuyer,usuallythroughawrittenrepresentationagreement.Abuyer’sagentmustperformthebroker’sminimumdutiesaboveandmustinformthebuyerofanymaterialinformationaboutthepropertyortransactionknownbytheagent,includinginformationdisclosedtotheagentbythesellerorseller’sagent.

AS AGENT FOR BOTH - INTERMEDIARY:Toactasanintermediarybetweenthepartiesthebrokermustfirstobtainthewrittenagreementofeachpartytothetransaction.Thewrittenagreementmuststatewhowillpaythebrokerand,inconspicuousboldorunderlinedprint,setforththebroker’sobligationsasanintermediary.Abrokerwhoactsasanintermediary:• Musttreatallpartiestothetransactionimpartiallyandfairly.• May,withtheparties’writtenconsent,appointadifferentlicenseholderassociatedwith

thebrokertoeachparty(ownerandbuyer)tocommunicatewith,provideopinionsandadviceto,andcarryouttheinstructionsofeachpartytothetransaction.

• Mustnot,unlessspecificallyauthorizedinwritingtodosobytheparty,disclose:» thattheownerwillacceptapricelessthanthewrittenaskingprice;» thatthebuyer/tenantwillpayapricegreaterthanthepricesubmittedinawrittenoffer;and

» anyconfidentialinformationoranyotherinformationthatapartyspecificallyinstructsthebrokerinwritingnottodisclose,unlessrequiredtodosobylaw.

AS SUBAGENT:AlicenseholderactsasasubagentwhenaidingabuyerinatransactionwithoutanagreementtorepresenttheBuyer.Asubagentcanassistthebuyerbutdoesnotrepresentthebuyerandmustplacetheinterestsoftheownerfirst.

TO AVOID DISPUTES, ALL AGREEMENTS BETWEEN YOU AND A BROKER SHOULD BE IN WRITING AND CLEARLY ESTABLISH:• Thebroker’sdutiesandresponsibilitiestoyou,andyourobligationsunderthe

representationagreement.• Whowillpaythebrokerforservicesprovidedtoyou,whenpaymentwillbemadeand

howthepaymentwillbecalculated.

LICENSE HOLDER CONTACT INFORMATION:Thisnoticeisbeingprovidedforinformationpurposes.Itdoesnotcreateanobligationforyoutousethebroker’sservices.Pleaseacknowledgereceiptofthisnoticebelowandretainacopyforyourrecords.

OldhamGoodwinGroup,LLC 532457 [email protected] (979)268-2000

Bryan / College Station2800 South Texas Avenue, Suite 401

Bryan, Texas 77802O: 979.268.2000

Houston7102 West Sam Houston Parkway N, Suite 230

Houston, Texas 77040O: 281.256.2300

San Antonio / South Texas200 East Grayson Street, Suite 102

San Antonio, Texas 78215O: 210.404.4600

www.OldhamGoodwin.com

©OldhamGoodwinGroup,LLC.Theinformationhereinhasbeenobtainedfromsourcesdeemedreliable.Althoughwebelieveittobeaccurate,wehavenotverifieditandmakenoguarantee,warrantyorrepresentationaboutit.Itisyourresponsibilitytoindependentlyconfirmitsaccuracyandcompleteness.Anyprojections,assumptions,orestimatesusedareforexampleonlyanddonotrepresentthecurrentorfutureperformanceoftheproperty.Thevalueofthistransactiondependsontaxandotherfactors,whichshouldbeevaluatedbyyourtax,financial,andlegaladvisors.Youandyouradvisorsshouldconductacareful,independentinvestigationofthepropertytodeterminetoyoursatisfactionthesuitabilityofthepropertyforyourneeds.

72 AC RANCH IN WISE COUNTYCountyRoad3677

WiseCounty,TX77808

OLDHAM GOODWIN GROUP

For More Information About This Property, Please Contact

Jennifer DunkinAssociate | Brokerage Services

O: 979.268.2000 | P: 979.716.8015E: [email protected]

72 ac ranch in wise county county road 3677 wise county, … · 2018-05-10 · summary • property...

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