24.57 Acres in Round Top, TX - $425,000
PRICE REDUCED TO $425,000!
The Land Development Division of Coldwell Banker Commercial Southwest Partners and Heritage Texas Country Properties are proud to represent this 24.572 acre tract on State Highway 237 just 0.7 miles north of downtown Round Top. This opportunity is competitively priced at $425,000.
HIGHLIGHTS
(1) Pricing, superior property location and a dynamic community support a broad range of mixed use site plan alternatives.
(2) Outstanding location as property is across from Round Top Carmine Elementary School and the International Festival Institute and 7/10th of a mile from downtown Round Top.
(3) Great entrepreneurial opportunities. At a 5-mile radius, top 3 retail opportunities average $2,200,000 per year in potential revenues, top 5 average $1,800,000 and top 10 average $1,100,000.
(4) The 2008 Round Top Chamber of Commerce (“CC”) calendar lists 280 distinct ev...
(4) The 2008 Round Top Chamber of Commerce (“CC”) calendar lists 280 distinct events include international antique shows, wine tastings and Shakespeare festivals. The International Festival Institute events include concerts, global competition, art festivals, book signings and the annual Jaguar Invasion (cars and not cats).
(5) Acclaimed school district consistently ranked “EXEMPLARY” from 1999 – 2007.
(6) With 3 CC member organizations for each Round Top resident, 33 B&Bs and 7 restaurants, the community is very vibrant and benefits from tremendous influxes of local, regional and global visitors, weekend and part-time residents.
(7) Fayette County benefits from a $585,000,000+ estimated 2008 economy growing at a 5.2% annual rate projected to exceed $750,000,000 in 2013.
(8) Extraordinary regional proximity: 21 miles from Brenham, 59 miles from College Station, 78 miles from northwest Houston, 81 miles from Austin and Katy.
CONTACT INFORMATION
Call 979.421.9996 to set up an appointment, request information or ask questions.
PROPERTY
Approximately 380’ of highway frontage with a tree lined north and east boundary line. There is also a seasonal creek on the north line. Elevations range from a 410’ peak close to the highway to 360’ at the northeast property edge. The property can support a broad array of site plan alternatives.
We believe commercial, professional, retail, residential and/or mixed use site plans can easily be accommodated by the property.
Conceptual site plan on most websites including Lands of America and LoopNet.
LOCATION
Located 0.7 miles north of downtown Round Top on State Highway 237.
Across from the acclaimed Round Top Carmine Elementary School and the main entrance to the International Festival Institute.
Adjacent property owned by the James Dick Foundation, the owner of the International Festival Institute.
Less than 8 miles from US Highway 290 the “Austin-Houston Highway”.
Great proximity to Austin, College Station and Houston. 49 miles from Bastrop, 59 miles from College Station, 73 miles from Bergstrom Airport and 78 miles from northwest Houston.
TAXES
Estimated 2008 taxes of $7,831.85 based on 2006 paid taxes increased by 10% compounded per year. Consult your tax advisor regarding your expected taxes.
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.
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