EXECUTIVE SUMMARY Please NOTE NO 2ND OWNER FINANCING AVAILABLE AT THIS PRICE. We will update this week!
PRICE REDUCTIONS! + INCREASED BUYER BROKER COMMISSIONS + LOWER 2ND LOAN INTEREST RATE!
MARIPOSA Ranch & B&B REDUCED $173K+ to $1,988,002
MARIPOSA B&B REDUCED $91K+ to $1,220,818
MARIPOSA Ranch REDUCED $59K+ to $789,673
+
4% buyer broker commission
+
Potential 25% owner second interest rate reduced to 6%, still with 30-year amortization and 5-year balloon!
Coldwell Banker Commercial Southwest Partners has been retained as the exclusive advisor for a once in a life-time opportunity to own a foundational property on the prestigious and historic La Bahia Trail, the Mariposa Ranch and Bed & Breakfast.
The Mariposa B&B is internationally recognized with positive reviews by Southern Living Magazine and D Magazine!
The La Bahia Trail (FM 390 Road) is considered the most prestigiou...
The La Bahia Trail (FM 390 Road) is considered the most prestigious address in the Houston Hamptons! The Main House is architecturally positioned in a grove of perfectly groomed ancient oaks to maximize the spectacular views competitive with any Hill Country property.
The offering is turn-key with most furnishings, soft goods, and personal effects conveying with the real estate.
Mariposa is available in three distinct offerings:
(1) The Mariposa Ranch & B&B (the entire property) with 80.89 acres at $1,988,002 with 1,580 est. frontage on FM 390. The potential 25% owner second loan is $497,001 and with an estimated monthly P&I of $2,980.
(2) The Mariposa B&B (all improvements) with 21.60 acres at $1,220,818 with 202 est. frontage on FM 390. The potential 25% owner second loan is $305,205 and with an estimated monthly P&I of $1,830.
(3) The Mariposa Ranch (no improvements) with 59.29 acres at $789,673 with 1,378 est. frontage on FM 390. The potential 25% owner second loan is $197,418 and with an estimated monthly P&I of $1,184.
This offering is for the Mariposa B&B ONLY.
PROPERTY WEBSITE
Available at the virtual tool button above.
HIGHLIGHTS
(1) One of the most important and prestigious properties in the Houston Hamptons located on the historic La Bahia Trail with stunning views and a successful B&B in operation to offset many ownership expenses currently generating about $170K in annual revenues.
(2) Mariposa has some of the best views on the La Bahia Trail or anywhere in the Houston Hamptons. It has been reviewed and received acclaims from Southern Living, D Magazine and many other high end publications.
(3) The La Bahia Trail is the most prestigious address in Washington County and equal to any in the Houston Hamptons and Far Eastern Texas Hill Country.
(4) Offering includes the 21+ acre ranch, all furnishings other than specific exclusions, the operating Bed & Breakfast business, a non-compete from the sellers and all related tangible and intangible business assets.
(5) 4,155 SF Main House with 12' ceilings, unmatched historical detail and finishes, private baths with claw-foot tubs, 6 plank floors, 2,000 SF of covered porches and wood decks and a contemporary floor plan.
(6) The Main House is surrounded by ancient oaks and perfectly positioned at the high point of the property maximizing views provided by the Yegua and the Brazos Valleys and Ridges.
(7) 7 other homes ranging from an 1820 log cabin, an 1836 two-story Greek revival, the 100 year old original homestead of Mariposa, a 3/2 cottage, a cowboy chic cowboy cottage, 2-room bunkhouse, a honeymoon cottage and managers home.
(8) In the very high performing Brenham Independent School District with superior GreatSchools scores, top level parent ratings and excellent TEA rankings.
(9) Massive entertainment complex with a large covered pavilion with cement floor, fire pit, jasmine covered arbor with outdoor fireplaces, antique glass wall chapel and swimming pool.
(10) Vibrant Washington County 2010 economy estimated at $1B+.
(11) Demographics and econometrics of Washington County are compelling even compared to the 7 largest Counties in Texas with highest %:
(a) single family detached residences
(b) owner occupied homes
(c) annual % growth in after tax household incomes
(d) annual % growth in household incomes
(e) annual % growth in $100K households
(f) annual % growth in $150K households
(g) annual % growth in $250K households
(12) Demographics and econometrics of the La Bahia Trail and Mariposa are unmatched in Washington County with highest %:
(a) bachelors, masters, Ph.D.s and professional degrees
(b) Married and living together
(c) % employees in the private sector and in white collar jobs
(d) 2009 home values including homes valued $750K+
(e) % households with annual incomes of $75K and higher
CONTACT INFORMATION
Call 979.421.9996 to contact any member of the listing team to set up an appointment, request additional information or answer any questions.
POSSIBLE 25% OWNER SECOND FINANCING
Depending on transaction terms, your qualifications and other factors, the owner may provide a 25% 2nd loan at 6% interest. The loan would have a 30-year amortization with a 5-year balloon.
Based on a sale price of $1,220,818, a 25% owner 2nd loan would be a loan of $305,205.
We estimate the monthly principal and interest payment at $1,830. We estimate the balloon balance in 5-years at $288,768.
All calculations based on Bank Rate Monitor on-line calculators.
CONFIDENTIAL INFORMATION
We have financials and tax returns for the past several years.
All financials and tax returns are available upon execution of a confidentiality agreement.
OFFERING
This offering includes the 21+ acres, all furnishings other than specific exclusions, the operating Bed & Breakfast business, a non-compete from the sellers and all related tangible and intangible business assets.
PROPERTY
We are pleased to present a truly once in a life-time opportunity to own a foundational property on the prestigious and historic La Bahia Trail, the Mariposa Ranch and Bed & Breakfast.
Mariposa has some of the best views on the La Bahia Trail or anywhere in the Houston Hamptons. It has been reviewed and received acclaims from Southern Living, D Magazine and many other high end publications.
With 21+ acres, 8 beautiful historic homes including a main home and an operational Bed and Breakfast business, this may be the only offering on the La Bahia Trail that can literally pay for itself!
Each spring, the bluebonnets and other native wildflowers and fauna provide Washington County and this historic trail a visitor destination point second to none in Texas!
In early March bluebonnets begin to blanket the hills of the south central Texas town of Brenham. Driving along FM 390, the "La Bahia Trail", (first historical highway named in Texas) visitors take in the green vista of live oaks and the latticework elegance of plantation homes built in the prosperous 1800s to early 1900s era.
Mariposa Ranch contains plenty of TEXAS history with its eclectic congregation of cottages and homes! They range from the splendor of the large Main House, a two-story Greek revival home (circa 1836 built by Dr. George Red a pioneer physician) to the rugged functional beauty of an early 1820's log cabin.
All homes are furnished in fine period antiques with almost all personal items conveying.
IMPROVEMENTS
The Main House
(1) Overview. 4,155 SF with 2,000 SF+ of porches and decks. The Main House is a beautiful plantation home with 12' ceilings, unmatched historical detail and finishes, private baths with claw-foot tubs, 6 plank floors, massive covered porches, wood decks and a contemporary floor plan.
(2) Property positioning. The Main House is surrounded by ancient oaks and perfectly positioned at the high point of the property maximizing views provided by the Yegua Ridge.
(3) History and construction. The Main Home is centered on an 1860s era home moved from the heart of Brenham's oldest residential area. The home was a "shotgun house", a house that you can fire a shotgun through the front door and the blast can exit the back door without hitting a thing. It was a simple rectangle in design. It featured an extended foyer plus a bedroom flanking either side.
(4) Guest Suites. In addition to the Master Suite, the Main House has two private rooms: the Tejas Guest Room and the Brazos Guest Room. Both rooms feature a queen-size bed plus a twin bed. Tejas is Spanish for "friend" and is the original word for "Texas". The Tejas Room has a private bath with antique claw foot tub. The Brazos Room features an antique queen-size bed from the late 1800's.
(5) Dcor. Many guests staying in the Main House are intrigued with the dcor and ask for tips to adapt their own homes in the same way. It is furnished in what can best be described as "functional Victorian". The dcor and design combine modern comforts and conveniences with understated elegance and antique furnishings. The result of this fusion dcor maintains the authenticity of the Victorian era, preserves the elegance and grace of Texas history while providing all modern comforts.
The Independence House
The Independence House is an 1836 two-story Greek revival home. It was built by Dr. George Red using pine and cedar from trees on his homestead. Each suite has two fireplaces, a bedroom, sitting room, and bath with claw foot tubs.
(6) Sam Houston Suite in the Independence House. Spanning the second story, the Sam Houston Suite has a king size canopy bed and a sitting area with a trundle set. With 10 large windows and pale peach walls, it provides one of the most peaceful vistas and intimated settings at Mariposa. In the daytime, the stunning play of light streaming through the branches of the live oaks cast swaying shadows on the walls. In natural light, the burnished oak mantels contrast the soft tones of peach to the effect of utter tranquility.
(7) Davy Crockett Suite in the Independence House. This suite occupies the downstairs of Independence House. It is a very large two-room suite decorated in rich earth tones. The ceilings boast original rough-cut exposed cedar beams. The luxurious bedroom is anchored by a king size antique brass bed and fireplace. The suite is completed by a separate sitting room. The sitting room is furnished with a trundle bed that makes into 2 twin beds and antiques comfortably staged to enjoy the privacy, views and the second fireplace.
The Homestead Guest House
The Homestead Guest House, circa early 1900s, is the original homestead of Mariposa. It is a completely restored turn-of-the-century Texas farmhouse. It functions as the Ranch Office, Bed & Breakfast Restaurant plus features two guest rooms. The central portion of the Homestead Guest House is the Restaurant serving breakfast each morning for bed & breakfast and private guests.
(8) Stephen F. Austin Room in the Homestead Guest House. The bed room features a queen size antique iron bed, twin bed and lovely stained walls. The attached private bath has a bathtub/shower combination.
(9) William B. Travis Room in the Homestead Guest House. This room features a queen canopy bed decorated in antique rose motif. The attached private bath has a bathtub/shower combination.
Entertainment Complex
Mariposa includes three improvements that complete a comprehensive array of guest amenities to meet the broad range of guest needs.
(10) Covered Veranda. Mariposa hosts many large gatherings that are typically based at the Veranda. The Veranda is an open structure with a 30 ceiling. It has a cement floor and spans approximately 2,400 SF. It anchors the entertainment complex and is surrounded by ancient oaks that provide a canopy to protect guests from heat and weather.
(11) Wedding chapel. The wedding chapel is one of most coveted locations for wedding vows in the Houston Hamptons area. It is a beautiful, antique simple structure with 20 ceilings and floor to ceiling windows on all sides.
(12) Non-chlorine pool area. The salt-water pool area features a rock waterfall. It has a flagstone surround.
Other Guest Cabins and Cottages
(13) The Texas Ranger Cabin. This is an authentic 1820 log cabin complete with a family room focused on a huge stone fireplace with a hook and crane and a wood cook stove. It features a covered front porch with hand hewn railings. It has a queen sleeper sofa, period antiques and other accessories to transform you to another era. The bathroom has a Jacuzzi-for-two tub with shower. The Cabin has an upstairs loft with king size bed. The Cabin has been the setting for a romantic get-away, respite from the city, honeymoon and engagement events. Recently, a couple reserved the cabin for a get-away. The Mariposa staff staged an enchanted evening complete with champagne, roses, candlelight and an engagement ring hidden by Mariposa in a small box of gourmet chocolates. The next morning, the bride-to-be was glowing and said her dream of being proposed to in the most romantic setting she could possibly think of had indeed come true."
(14) The Settlers' Cottage. This Cottage is considered the most private accommodations available in Mariposa. It has three bedrooms and two baths allowing it to easily function as a complete guest home. It is situated next to a magnificent grove of Live Oaks. With a virtual private yard, it offers guests and their families a chance to experience country life, horseplay and sunsets interrupted only by fields of grass and wildflowers home in the spring and summer. The family room is combined with an open kitchen featuring a gas-log fireplace. The master bedroom has queen size antique bed and a peaceful, rustic motif. The two additional bedrooms each have twin bed sets and cottage style furnishings. Both bathrooms feature Jacuzzi tubs one is a corner Jacuzzi-for-two! The Cottage has a great porch to enjoy nature, the resident dogs, sunrises and sunsets.
(15) The Texas Cowboy Cabin. Situated close to the barn among live oak trees, the Texas Cowboy Cabin is furnished in casual and fun red/white/blue, denim, bandanas and Texas stars. Faux logs on the walls remind you of the past. The fun bathroom features a Jacuzzi-for-two. The sitting area includes a trundle bed for extra guests and handcrafted leather chair. The Cabin has a private porch framed by ancient oaks providing one of the best views on the ranch overlooking the rolling hills and valleys to the east.
(16) Fern Oaks Cottage. The Cottage is often referred to as the "Honeymoon Cottage" as many honeymooners specifically ask for it. The 2-room suite features a fireplace, loveseat and cozy private porch. The bedroom has a queen size bed with Ralph Lauren floral motif. The bathroom is highlighted by a corner Jacuzzi-for-two. It is nestled under live oak trees dripping with "Resurrection Ferns ". These ferns are almost invisible until it rains and they revive from the moisture and turn fluffy and bright green.
(17) The Ranch Hand's Bunkhouse. The Bunkhouse is a rustic and fun hideaway for those of you who hanker for a "taste of ranch life". Located next to the barn and next to a huge old Live Oak, its two private porches are perfect for enjoying both sunrises and sunsets. It has a large bedroom and private bath and decorated in a rustic ranch chic fusion style.
(18) Managers Home. The Managers Home is positioned behind the Homestead House. It is a three bedroom, two bath, manufactured home with a covered front porch spanning the entire front of the home. The home also has a covered screened back porch.
(19) Extensive Sheds & Barns. Mariposa includes an array of sheds and barns to service the Ranch.
PROFESSIONAL AND GUEST REVIEWS
Mariposa's guests and reviewers say it all
D Magazine "Breakfast is ample and rib sticking: Fresh fruit and fruit juice, scrambles, hash browns, sausage, and pancakes were one morning's menu. Between meals and naps, there's a seemingly endless array of ranch dogs to play with, one of which - a border collie named "Queenie" - was tirelessly obsessive compulsive when it came to stick fetching. You could easily wile away a weekend on the capacious front porch watching the leaves or russet, red, and gold in the fall."
Southern Living Magazine "A romantic and historic getaway with warm hospitality and country elegance."
KD from Galveston, TX "We are sad that we only got to spend a short time here and were not able to form the same bond with the dogs as our predecessors. Alas, we had NO porch dog and felt somewhat slighted. Maybe next time we'll bring dog treats to entice them!"
TJ from New Braunfels, TX "A wonderful weekend full of wonderful food, friendship, laughter, and some heavenly ecstasy!"
KM from Ft. Worth, TX "We enjoyed the dogs! It's especially nice when your room comes complete with private porch and porch dog!"
JH from Lake Charles, LA "The Fern Oaks Cottage is the perfect place to remember just each other."
LOCATION
(1) Highway and Interstate access. 0.2 mi. east of Texas Highway 36, 42 mi. to Interstate 10 eastbound toward Houston, 49 mi. to Interstate 10 westbound toward San Antonio, 80 mi. to Interstate 35 in Austin and 82 mi. to Interstate 45 in Houston.
(2) Area destinations. 4 mi. to Lake Somerville at Overlook State Park, 7 mi. to Somerville, 8 mi. to The Antique Rose Emporium, 8 mi. to Independence, 10 mi. to downtown Brenham, 10 mi. to Brenham Municipal Airport, 11 mi. to The Blue Bell Creamery, 21 mi. to Chappell Hill, 22 mi. to Round Top, 22 mi. to Washington-on-the-Brazos and 31 mi. to Texas A&M.
(3) Greater Austin area access. 58 mi. to Bastrop, 87 mi. to University of Texas, 89 mi. to Austin, 94 mi. to Round Rock, 102 mi. to Cedar Park, 105 mi. to Georgetown, 107 mi. to Leander, 114 mi. to Dripping Springs, 115 mi. to Liberty Hill, 119 mi. to San Marcos, 123 mi. to Burnet and 136 mi. to Marble Falls.
(4) Greater Waco-College Station area access. 25 mi. to Caldwell, 31 mi. to College Station, 50 mi. to Rockdale, 54 mi. to Cameron, 76 mi. to Taylor, 87 mi. to Temple, 91 mi. to Belton, 99 mi. to Salado, 105 mi. to Waco and 108 mi. to Killeen.
(5) Greater Houston area access. 43 mi. to Sealy, 49 mi. to Columbus, 65 mi. to Katy, 71 mi. to NW Houston (Beltway at US 290), 83 mi. to Bellaire, 84 mi. to downtown Houston, 88 mi. to Sugar Land, 100 mi. to The Woodland, 102 mi. to Pearland and 108 mi. to Conroe.
(6) Airport access. 10 mi. to Brenham Municipal Private Airfield (11R), 29 mi. to Easterwood Field at College Station (CLL) with service to Houston Intercontinental via Continental Airlines commuters, 78 mi. to Austin Bergstrom International (AUS), 89 mi. to Houston Bush Intercontinental (IAH), 96 mi. to Houston Hobby International (HOU) and 117 mi. to Waco Regional (ACT) with service to DFW via American Airlines commuters.
GRAPHICS ANALYSIS & PDF SETS
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 Commercial Investment Real Estate (CCIM) Institute in collaboration with ESRI.
All 2010 estimates and annual percent change projections are based on our proprietary models.
There are 623 underlying PDF sets. All PDF sets are available online or on request.
There are 33 links for your convenience. All links are available online, in the offering narrative or on request.
TAXES & TAX LINKS
2008 reported taxes were $7,720.08 on the entire property (Mariposa B&B & Mariposa Ranch).
4% BUYER BROKER COMMISSION
A buyer broker MUST be disclosed with the buyers first communication with CBC for the buyer broker to be eligible for the buyer broker commission.
A buyer broker does NOT have to accompany their buyer to any showings of Mariposa.
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.
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