brashear properties - for sale · 2020. 3. 3. · page 1 of 6 printed 3/2/2020 po box 98...

of 6 Printed 3/2/2020

PO Box 98 Georgetown, TX 78627

For Sale 17+ acre commercial corner NWC SH195 & SUN CITY BLVD

GEORGETOWN, TX 78633

BROKER: Ercel Brashear {Representing the Seller}

512.585.9300 (M) [email protected]

The Broker is submitting the attached information in its capacity as an agent and representative of the owner. The Broker makes no warranty, express or implied, as to the accuracy of the information contained herein. All information submitted is subject to change without notice as regards price, terms or availability. Additionally, the Broker has conducted no environmental investigation of the property and makes no representations regarding the environmental status of the property. The Broker STRONGLY encourages an

independent examination of the property be conducted by representatives of the buyer. IN ACCORDANCE WITH THE LAW, THIS PROPERTY IS OFFERED WITHOUT REGARD TO RACE, COLOR, CREED, FAMILIAL STATUS, NATIONAL ORIGIN, RELIGION OR HANDICAP

STATUS.

(Boundary lines shown are approximate and may not be absolutely accurate)

GENERAL DESCRIPTION: Commercially designated property located at one of the three main entrances to Sun City Texas, a 4,000+ acre age-restricted community located in Georgetown, Texas. By the end of 2018, over 7,950 single family homes have been built. Total buildout is project to be about 10,000 homes. The property has approximately 1,225’ of frontage on the southbound side of State Highway 195 and nearly 1,000’ on Sun City Blvd. The site has access to water, sewer and electric utilities.

mailto:[email protected]









STATUS.

Comments: The property is being offered for sale in its “AS IS, WHERE IS”

condition.

Price: $3,009,125; calculated at $4.00/square foot of land area conveyed

Commission: 50% of total fee paid to Buyer’s Broker at the time of closing.

(See Broker for details.)










STATUS.

UTILITIES

Electric On-Site See Georgetown for details

City of Georgetown

Water On-Site 18” in SH 195 ROW

16” in Sun City Blvd ROW

Sewer Will require a relatively short off-site extension.

Two 8” gravity lines manholes exist within ~ 600’ of the intersec-tion of Sun City Blvd and Cattleman Drive.

LAND USE ENTITLEMENTS

Current Zoning

Planned Unit Development (“PUD”). The property is part of the Sun City Develop-ment agreement originally executed in 1995. The original agreement has been modified multiple times in the last 20+ years. The owner submitted an applica-tion proposing to modify the PUD in order to establish a C-3 underlying base zon-ing district for this tract. As part of the application, the owner voluntarily offered to restrict some of the currently allowable C-3 uses. As of now, the application process has been suspended. The owner will work with a buyer to secure the en-titlements modifications to the PUD to accommodate buyer’s proposed use.

{See Broker for details}

Subdivision Plat

The property has yet to go through the subdivision process.

Williamson Central Appraisal District

2019 Assessed

Valuations

Taxing Entities Jarrell ISD, Williamson County, Williamson County Road & Bridge, City of Georgetown

Tax ID Acres * Market Valuation * Acreage

Discrepancy

R492768 4.715 $359,424 WCAD acreage figures do not

match the calculations shown in Seller’s survey dated 11/1/2016

R492766 11.76 $893,888

16.44 $1,253,312










STATUS.

ENVIRONMENTAL

Edward’s Aquifer Recharge Zone

This property sits inside the Edward’s Aquifer Contributing Zone. Develop-ment of the site will require approval of a Stormwater Pollution Abatement

Plan by the Texas Commission on Environmental Quality (“TCEQ”). Develop-ment of the site will require on-site capture and pre-treatment of storm

water runoff.

Flood Plain/ Drainage Easements

No portion of the property lies within a designated flood plain, per the Na-tional Flood Insurance Program (FIRM) Flood Insurance rate map No

48491C0280E, for Williamson County, dated 9/26/2008. A drainage easement was granted to TXDoT for the conveyance of storm-water runoff from SH 195 through a channel running through the property

from SH 195 to the SW corner of the property.

Endangered Species

Public records indicate the existence of suitable habitat for endangered spe-cies throughout this general area of Williamson County. Fish & Wildlife Ser-vice of the U.S. Department of the Interior would have to make the final de-termination of potential impact any development of the property might pose.

Impervious Cover Maximum 70% for the first 5 acres with up to 65% cover on the remaining portion using allowable waivers as set forth in the City of Georgetown’s De-velopment Regulations.

Traffic Counts: 18,783 Average vehicles per day on SH 195 per 2019 TxDOT Statewide Plan-

ning Map

Access

Access to the property is anticipated to come from a single point aligning with the median break in Sun City Blvd. Access may be allowed as a single right-in,

right-out access point along southbound SH 195. Access to the adjacent Oak Branch Drive is prohibited.










STATUS.

2’ Contour, per City of Georgetown aerial map


Regulated by the Texas Real Estate Commission Information available at www.trec.texas.gov

IABS 1-0

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.

11-2-2015

TYPES OF REAL ESTATE LICENSE HOLDERS: . • A BROKER 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 BROKER’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 conspicu-ous 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.

TO AVOID DISPUTES, ALL AGREEMENTS BETWEEN YOU AND A BROKER 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.

Ercel Brashear 0229867 [email protected] 512-585-9300 Licensed Broker /Broker Firm Name or License No. Phone Primary Assumed Business Name

Ercel Brashear 0229867 [email protected] 512-585-9300 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
http://www.trec.texas.gov/

brashear properties - for sale · 2020. 3. 3. · page 1 of 6 printed 3/2/2020 po box 98...

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