No address on TX HWY 237 , Round Top, TX 78954(Fayette County)

The property has 3* coveted curb cuts on TX HWY 237 and 417’* of TX HWY 237 frontage. It features gently rolling topography with elevations ranging from 389’* to 444’*. It has a live creek traversing the north property line but none of the property is in a flood zone.

The property is a valuable combination of cleared land including all TX HWY frontage as well as heavily wooded areas. The north and east property lines are tree lined to afford privacy and a soothing environment. We estimate 45%* wooded.

Multiple exit strategies including: (1) Buy for residential and/or commercial owner use and hold; (2) Buy and develop; (3) Buy, build residential or commercial and sell off excess.

Just outside the City limits benefits from no zoning plus flexible utilities including: (1) Community water or dig a well; (2) City sewage or put in septic; and (3) All other utilities on site.

*Estimates and conceptual site plan by Coldwell Banker Commercial Southwest Partners. All other definitions and calculations based on Austin County Appraisal District unless otherwise specifically defined.

HIGHLIGHTS

(1) Unmatched opportunity in the very affluent Round Top community with a broad range of commercial, professional, retail, residential and/or mixed use site plans.

(2) 7 miles to US Highway 290 the “Austin-Houston Highway”, 49 miles to Bastrop, 59 miles to College Station, 75 miles to Austin and 78 miles to northwest Houston in the affluent Austin DMA.

(3) Served by one of the best school systems in the Austin-Houston-College Station area with all schools carrying TEA “Exemplary” ratings & the District & all schools receiving 9 of 10 ratings by GreatSchools.

(4) Conceptual site plan* includes: (1) 30K SF retail/professional; (2) 11 single family homes on 1+ ac. each; (3) 40K SF B&B/Motel; (4) 80K SF multi-family; and 47% reserve/common area factor.

(5) At a 5-mile radius, top 3 retail opportunities avg. $2.2M per year in potential revenues, top 5 avg. $1.8M and top 10 avg. $1.1M*.

(6) The 2011 Round Top Chamber of Commerce has 259 members* and 250+ events* including antique shows, wine tastings, Shakespeare festivals, concerts, global competition, art festivals and book signings.

(7) Compared to AREA Benchmarks**, Round Top has highest %: (a) $1M+ household net worth; (b) Married and living together; (c) Bachelor’s degree highest attained; and (d) At least master’s degree attained.

(8) Compared to ALL Benchmarks***, Round Top has highest %: (a) Annual home value growth; (b) $300K-$749K home values; (c) $1M+ home values; (d) White collar workers; and (e) single family detached homes. Compared to ALL Benchmarks***, Round top has: (a) Highest median household net worth; and (b) Lowest unemployment rate.

(9) Compared to ALL Benchmarks***, Round Top is # 2 to Austin in highest avg. 2010 home values but will become # 1 by 2015!

**AREA Benchmarks include: Round Top CDP , City of Round Top, City of La Grange, City of Brenham, 78954 zip code (greater Round Top zip code), 77833 zip code (primary Washington County zip code), Fayette County (Round Top’s County) and Washington County (Brenham’s County).

***ALL Benchmarks include all LOCAL Benchmarks PLUS the Austin DMA, Texas and the U.S.

PROPERTY

A broad range of commercial, professional, retail, residential and/or mixed use site plans should be easily accommodated.

(1) Acreage. 24.752 acres per Fayette County Appraisal District.

(2) TX HWY 237 curb cuts. Three.

(3) TX HWY 237 frontage. 417.27’*.

(4) Property width west to east at center point*. 1,222.12’*.

(5) Property depth north to south at center point. 1,026.47’*.

(6) Property elevation range. 389’* to 444’*.

(7) Flood plain. None of the property is in a flood plain.

(8) Trees. 45.72%* wooded. Densely wooded in north and northwestern areas. Trees line the north and east boundary lines.

(9) Water features. Live creek traverses the north property line.

(10) Utilities.

(a) Water. West End Water supply runs the length of the property on TX HWY 237. Water can also be used on site by drilling a well.

(b) Sewage. City system can be connected. A septic system can also be used on site by installing a system.

(c) All other utilities. At site.

(11) Conceptual site plan*. To demonstrate the property, we developed a conceptual site plan that includes:

(a) Retail/professional space. 30,000 SF with 20 units averaging 1,000 SF and 2 mini-anchors at 5,000 SF,

(b) B&B Motel. 40,000 SF with 50 units.

(c) Multi-family. 80,000 SF apartments with 50 units averaging 1,200 SF. Note there is no multi-family in the Round Top CDP!

(d) Estate homes. 11 estate homes on 1+ acre heavily wooded, private sites.

(e) Reserve/common area. Plan includes 47% reserve/common area factor.

(12) Possible exit strategies.

(a) Buy, use for residential and/or commercial hold. We believe this property offers a unique opportunity for an insightful investor looking for an immediate ranch/weekend retreat, private residential estate, or owner occupied business with a realistic exit strategy focused on commercial development.

(b) Buy and develop. Consider the conceptual site plan. Property limited only by your imagination.

(c) Buy, build and sell off excess. With 24+ acres, a portion of the property could easily be used for residential and/or a variety of commercial purposes. The remainder could be sold to reduce or eliminate your net purchase cost.

(13) Legal.

(a) Address. No address on TX HWY 237.

(b) Legal description. Abstract A114 WINN J LG,24.752 Acres, No Bldgs.

(c) ID. PIDN: 52209 & GEO: 50-0114-1000000-020.

(d) In City limits? No.

(e) School district. Round Top-Carmine ISD.

(f) Zoning. None known.

(14) Taxes. 2010 reported taxes are $3,550. No known exemptions. Consult your tax advisor regarding your expected taxes.

GRAPHIC ANALYSIS

All analysis is based on defined and published sources. Unless otherwise noted, all demographic and econometric data is from Site to do Business, the demographic & econometric arm of the Certified Commercial Investment Member (CCIM) Commercial Investment Real Estate Institute. This CCIM service is in collaboration with ESRI.

Most annual % change estimates and traffic projections are based on our proprietary models.

There are 1,689 underlying PDF sets. All are available on the property website or on request.

There are 41 property and area links. All are available on the property website, in the offering narrative or on request.

3% BUYER BROKER COMMISSION

A buyer broker MUST be disclosed with the buyer’s first communication to be eligible for the buyer broker commission. A buyer broker does NOT have to accompany their buyer to any showings.

DISCLOSURES & COPYRIGHTS

Coldwell Banker Commercial Southwest Partners 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.