REGIONAL New High ^ For Sale: SHORELINE RANCH …...Major Developments For Sale: SHORELINE RANCH PDD...
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" # $ 35 35 Æ · 29 Joyce Jane Weedman [email protected] Josh hubka, cciM [email protected]
Transcript of REGIONAL New High ^ For Sale: SHORELINE RANCH …...Major Developments For Sale: SHORELINE RANCH PDD...
512 682 10003737 Executive Center Dr., Suite 255
Austin, TX 78731cipaustin.com
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For Sale: SHORELINE RANCH PDDProposed Single Family Development | Lago Vista, Texas
AERIALMAP
9015 Mountain Ridge Dr., Suite 100Austin, TX 78759
reocaustin.com
512 346 5180All information (Information) provided or depicted on this map and or aerial photograph has been obtained from third party sources deemed reliable however, neither REOC Austin nor any of its brokers, agents, employees, officers, directors or affiliated companies (collectively, REOC Austin and Related Parties) have made an independent investigation of the Information or the Information sources, and no warranty or representation is made by REOC Austin and Related Parties as to the accuracy such Information. The Information is submitted subject to possible errors or omissions, and no person or organization should rely on the Information, unless such person or organization has conducted an independent investigation to confirm the accuracy thereof.
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SUBJECTSUBJECT
For Sale: SHORELINE RANCH PDDProposed Single Family Development | Lago Vista, Texas
REGIONALAERIAL
MAP
9015 Mountain Ridge Dr., Suite 100Austin, TX 78759
reocaustin.com
512 346 5180All information (Information) provided or depicted on this map and or aerial photograph has been obtained from third party sources deemed reliable however, neither REOC Austin nor any of its brokers, agents, employees, officers, directors or affiliated companies (collectively, REOC Austin and Related Parties) have made an independent investigation of the Information or the Information sources, and no warranty or representation is made by REOC Austin and Related Parties as to the accuracy such Information. The Information is submitted subject to possible errors or omissions, and no person or organization should rely on the Information, unless such person or organization has conducted an independent investigation to confirm the accuracy thereof.
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All information (Information) provided or depicted on this map and or aerial photograph has been obtained from third party sources deemed reliable however, neither REOC Austin nor any of its brokers, agents, employees, officers, directors or affiliated companies (collectively, REOC Austin and Related Parties) have made an independent investigation of the Information or the Information sources, and no warranty or representation is made by REOC Austin and Related Parties as to the accuracy such Information. The Information is submitted subject to possible errors or omissions, and no person or organization should rely on the Information, unless such person or organization has conducted an independent investigation to confirm the accuracy thereof.
9015 Mountain Ridge Dr., Suite 100Austin, TX 78759
reocaustin.com
512 346 5180All information (Information) provided or depicted on this map and or aerial photograph has been obtained from third party sources deemed reliable however, neither REOC Austin nor any of its brokers, agents, employees, officers, directors or affiliated companies (collectively, REOC Austin and Related Parties) have made an independent investigation of the Information or the Information sources, and no warranty or representation is made by REOC Austin and Related Parties as to the accuracy such Information. The Information is submitted subject to possible errors or omissions, and no person or organization should rely on the Information, unless such person or organization has conducted an independent investigation to confirm the accuracy thereof.
O
0 42 Miles
For Sale: SHORELINE RANCH PDDProposed Single Family Development | Lago Vista, Texas
Joyce Jane [email protected]
Josh hubka, [email protected]
512 682 10003737 Executive Center Dr., Suite 255
Austin, TX 78731cipaustin.com
For sale: shoreline ranch pddProposed Single Family Development | Lago Vista, TX
Summary
All information furnished regarding this property is from sources deemed reliable; however, CIP Austin has not made an independent investigation of these sources and no warranty or representation is made by CIP Austin as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or withdrawal from market without notice. CIP Austin further has not made and shall not make any warranty or representations as to the condition of the property nor the presence of any hazardous substances or any environmental or other conditions that may affect the value or suitability of the property.
Property:
Location:
Entitlements:
utilities:
Jurisdiction:
Land use restrictions:
Ownership:
This project is partially developed with most roads and utility infrastructure in the ground. shoreline ranch is typical Texas hill country, although most cedar has been cleared and there are views of lake Travis. The entire 360.62± acre property is accessible by either concrete roads or caliche base roads, and approximately $8,850,000 has already been invested in the roads, utilities and engineering.
in lago Vista on the north shore of lake Travis, just north of austin, Texas. property is accessed off of FM 1431 by lohman Ford road and shoreline ranch drive. lago Vista is approximately 12 miles from Us highway 183a, a tollway that significantly shortens the time for the 20 mile trip into austin. drive time from lago Vista to substantial employment in west and northwest austin is less than 30 minutes. shoreline ranch is adjacent to The hollows, a partially-developed resort community.
an existing planned development district agreement with the city of lago Vista allows for a total of 568 single family units and a golf course. The golf course and 16 of the original lots are not a part of this sale. originally platted as Marshall’s Vista in 2003 and partially developed, the developer lost the property before completion. The subsequent owner revised the original planned development district agreement to allow for greater density, as described above. That preliminary replat has expired. The golf course land was subsequently purchased by a third party. The city of lago Vista reports that recent utility upgrades would provide for a greater density today.
Tom loomis at Bowman consulting (512-327-1180) has done all the engineering for this project.
electric: pedernales electric co-op Water/sewer: city of lago Vista Municipal system (in place)all off-site utility work is complete
Within the city of lago Vista, in Travis county, Texas.
There are no known land use restrictions in place. no known environmental issues exist, and no part of the developable land is within the 100 year flood plain.
shoreline ranch pdd is owned by Western United life assurance.
512 682 10003737 Executive Center Dr., Suite 255
Austin, TX 78731cipaustin.com
For sale: shoreline ranch pddProposed Single Family Development | Lago Vista, TX
For more Information Contact:
Joyce Jane WeedmanSenior Vice President
[email protected] | 512 682 1021
Josh Hubka, CCImPrinicipal
[email protected] | 512 682 1002
Summary
All information furnished regarding this property is from sources deemed reliable; however, CIP Austin has not made an independent investigation of these sources and no warranty or representation is made by CIP Austin as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or withdrawal from market without notice. CIP Austin further has not made and shall not make any warranty or representations as to the condition of the property nor the presence of any hazardous substances or any environmental or other conditions that may affect the value or suitability of the property.
Employment:
Surrounding area:
Price:
outside of the austin cBd, the largest employment growth has occurred in the nW sector. large companies continue to plant roots along the highway 183 and parmer lane corridors. The following are some of the major employers located within 25 minutes of lago Vista:
EmployeriBM apple national instruments Flextronics state Farm charles schwab Urs corp. Xerox cisco Visa eBay
The city of lago Visa has historically been a resort-style community, with several large master-planned communities in the immediate area, as well as older, lake-oriented weekend homes in more mature parts of the north shore. The area combines classic Texas hill country terrain with lake Travis views and water-oriented recreation opportunities. There are numerous multi-million dollar homes in the area, several golf courses, and exemplary rated schools. With a well regarded school district, easier access to austin employment centers, and new retail services, the area has become increasingly popular for families with children rather than just as a weekend retreat or retirement community.
call brokers to discuss all price and financing options.
536.401001 06.14.18
main 512 682 1000 | fax 512 682 1031cipaustin.com
# of Employees6,0005,0002,5752,2001,3971,1001,083 778 684 650 500
512 682 10003737 Executive Center Dr., Suite 255
Austin, TX 78731cipaustin.com
For sale: shoreline ranch pddProposed Single Family Development | Lago Vista, TX
All information (Information) provided or depicted on this map and or aerial photograph has been obtained from third party sources deemed reliable. However, neither CIP Austin nor any of its brokers, agents, employees, officers, directors or affiliated companies (collectively, CIP Austin and Related Parties) have made an independent investigation of the Information or the Information sources, and no warranty or representation is made by CIP Austin and Related Parties as to the accuracy os such Information. The Information is submitted subject to the possible errors or omissions, and no person or organization should rely on the Information, unless such person or organization has conducted and independent investigation to confirm the accuracy thereof.
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AUSTIN METROMAP
All information (Information) provided or depicted on this map and or aerial photograph has been obtained from third party sources deemed reliable however, neither REOC Austin nor any of its brokers, agents, employees, officers, directors or affiliated companies (collectively, REOC Austin and Related Parties) have made an independent investigation of the Information or the Information sources, and no warranty or representation is made by REOC Austin and Related Parties as to the accuracy such Information. The Information is submitted subject to possible errors or omissions, and no person or organization should rely on the Information, unless such person or organization has conducted an independent investigation to confirm the accuracy thereof.
9015 Mountain Ridge Dr., Suite 100Austin, TX 78759
reocaustin.com
512 346 5180All information (Information) provided or depicted on this map and or aerial photograph has been obtained from third party sources deemed reliable however, neither REOC Austin nor any of its brokers, agents, employees, officers, directors or affiliated companies (collectively, REOC Austin and Related Parties) have made an independent investigation of the Information or the Information sources, and no warranty or representation is made by REOC Austin and Related Parties as to the accuracy such Information. The Information is submitted subject to possible errors or omissions, and no person or organization should rely on the Information, unless such person or organization has conducted an independent investigation to confirm the accuracy thereof.
O
0 42 Miles
For Sale: SHORELINE RANCH PDDProposed Single Family Development | Lago Vista, Texas
512 682 10003737 Executive Center Dr., Suite 255
Austin, TX 78731cipaustin.com
For sale: shoreline ranch pddProposed Single Family Development | Lago Vista, TX
All information (Information) provided or depicted on this map and or aerial photograph has been obtained from third party sources deemed reliable. However, neither CIP Austin nor any of its brokers, agents, employees, officers, directors or affiliated companies (collectively, CIP Austin and Related Parties) have made an independent investigation of the Information or the Information sources, and no warranty or representation is made by CIP Austin and Related Parties as to the accuracy os such Information. The Information is submitted subject to the possible errors or omissions, and no person or organization should rely on the Information, unless such person or organization has conducted and independent investigation to confirm the accuracy thereof.
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RockyCreekRanch
SpanishOaks
Belvedere Hatchett
Villageat Westlake
HotelGranduca
EastPeacockRanch
Sweetwater
Hill CountryGalleria
RGKRanch
SereneHillsFalconhead
West
Vizcaya
Waterford
3M
Montechino
GandviewHillsThe
Hollows
TurnbackRanch
Tessara
LakelineMall
Homestead
WaldenPark at
Lakeline
TravissoBluffs at
Crystal Falls1890RanchShopping Center
ShorelineRanch
TheShops
at Walden Park
Emma LongMetro Park
CypressCreek
Park
Tom Hughes
ArkansasBend
DinkPearson
MaryQuinlan
FritzHughes
Park
SelmaHughes
PaceBend
MolbergPark
VolentePark
HippieHollow
LauraReed Park
Dave ReedPark
SandyCreek
Loop 360Boat Ramp
Bob Wentz/WindyPoint
MansfieldDam
Wild BasinPreserveBARTON
CREEKCOUNTRYCLUBSPANISH
OAKS
FALCONHEADGOLFCLUB
HILLSOF
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LIVEOAKGOLF
COURSE
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RIVERPLACEGOLF
COURSE
POINTVENTURE
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HIGHLANDLAKESCOUNTRYCLUB
BALCONESCOUNTRY
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")H High School
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GF Commuter Rail Station
Commuter Rail
Parks
Golf Course
Civic
Major Developments
Retail Mall
Retail
SUBJECTSUBJECT
For Sale: SHORELINE RANCH PDDProposed Single Family Development | Lago Vista, Texas
REGIONALAERIAL
MAP
9015 Mountain Ridge Dr., Suite 100Austin, TX 78759
reocaustin.com
512 346 5180All information (Information) provided or depicted on this map and or aerial photograph has been obtained from third party sources deemed reliable however, neither REOC Austin nor any of its brokers, agents, employees, officers, directors or affiliated companies (collectively, REOC Austin and Related Parties) have made an independent investigation of the Information or the Information sources, and no warranty or representation is made by REOC Austin and Related Parties as to the accuracy such Information. The Information is submitted subject to possible errors or omissions, and no person or organization should rely on the Information, unless such person or organization has conducted an independent investigation to confirm the accuracy thereof.
O
0 21 Miles
New Hig h
School
512 682 10003737 Executive Center Dr., Suite 255
Austin, TX 78731cipaustin.com
For sale: shoreline ranch pddProposed Single Family Development | Lago Vista, TX
All information (Information) provided or depicted on this map and or aerial photograph has been obtained from third party sources deemed reliable. However, neither CIP Austin nor any of its brokers, agents, employees, officers, directors or affiliated companies (collectively, CIP Austin and Related Parties) have made an independent investigation of the Information or the Information sources, and no warranty or representation is made by CIP Austin and Related Parties as to the accuracy os such Information. The Information is submitted subject to the possible errors or omissions, and no person or organization should rely on the Information, unless such person or organization has conducted and independent investigation to confirm the accuracy thereof.
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Montechino
TheHollows
TurnbackRanch
Tessara
ArkansasBend
DinkPearson
PaceBend
LauraReedPark
DaveReedPark
POINTVENTURE
GOLFCOURSE
HIGHLANDLAKES
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LAGOVISTA
COUNTRYCLUB
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")E Elementary School
")M Middle School
")H High School
Golf CourseParks & Preserves
Major Developments
For Sale: SHORELINE RANCH PDDProposed Single Family Development | Lago Vista, Texas
AERIALMAP
9015 Mountain Ridge Dr., Suite 100Austin, TX 78759
reocaustin.com
512 346 5180All information (Information) provided or depicted on this map and or aerial photograph has been obtained from third party sources deemed reliable however, neither REOC Austin nor any of its brokers, agents, employees, officers, directors or affiliated companies (collectively, REOC Austin and Related Parties) have made an independent investigation of the Information or the Information sources, and no warranty or representation is made by REOC Austin and Related Parties as to the accuracy such Information. The Information is submitted subject to possible errors or omissions, and no person or organization should rely on the Information, unless such person or organization has conducted an independent investigation to confirm the accuracy thereof.
O
0 0.50.25 Miles
New Hig h
School
Th e Fal ls
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Po intVe ntu re
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aErIaL maP
512 682 10003737 Executive Center Dr., Suite 255
Austin, TX 78731cipaustin.com
For sale: shoreline ranch pddProposed Single Family Development | Lago Vista, TX
All information (Information) provided or depicted on this map and or aerial photograph has been obtained from third party sources deemed reliable. However, neither CIP Austin nor any of its brokers, agents, employees, officers, directors or affiliated companies (collectively, CIP Austin and Related Parties) have made an independent investigation of the Information or the Information sources, and no warranty or representation is made by CIP Austin and Related Parties as to the accuracy os such Information. The Information is submitted subject to the possible errors or omissions, and no person or organization should rely on the Information, unless such person or organization has conducted and independent investigation to confirm the accuracy thereof.
PARK DR
DESTINATION
WAY
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LK
LOH
MA
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FO
RD
RD
GETAW
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ALFALFADR
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STINBLVD
LAKESHOREBLVD
CIVIC DR
SHORELINE RANCH DR
BOGG
YFORD RD
MARSHALLS POINT DR
MIRA LAGODR
TRAVIS DRAGUA FRIO D
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MARSHALLSHARBOR
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PECOS DR
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BLANCO DR
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BUCKSKIN RIDGE
MOSSY HOLL
OW
DR
LakeTravis
Subject
Lot Lines
Proposed Golf Course
CLOSE AERIALMAP
9015 Mountain Ridge Dr., Suite 100Austin, TX 78759
reocaustin.com
512 346 5180All information (Information) provided or depicted on this map and or aerial photograph has been obtained from third party sources deemed reliable however, neither REOC Austin nor any of its brokers, agents, employees, officers, directors or affiliated companies (collectively, REOC Austin and Related Parties) have made an independent investigation of the Information or the Information sources, and no warranty or representation is made by REOC Austin and Related Parties as to the accuracy such Information. The Information is submitted subject to possible errors or omissions, and no person or organization should rely on the Information, unless such person or organization has conducted an independent investigation to confirm the accuracy thereof.
O
0 1,000500 Feet
For Sale: SHORELINE RANCH PDDProposed Single Family Development | Lago Vista, Texas
New High Scho ol
Lago VistaElementary
Schoo l
Montechino
CLOSE aErIaL maP
512 682 10003737 Executive Center Dr., Suite 255
Austin, TX 78731cipaustin.com
For sale: shoreline ranch pddProposed Single Family Development | Lago Vista, TX
All information (Information) provided or depicted on this map and or aerial photograph has been obtained from third party sources deemed reliable. However, neither CIP Austin nor any of its brokers, agents, employees, officers, directors or affiliated companies (collectively, CIP Austin and Related Parties) have made an independent investigation of the Information or the Information sources, and no warranty or representation is made by CIP Austin and Related Parties as to the accuracy os such Information. The Information is submitted subject to the possible errors or omissions, and no person or organization should rely on the Information, unless such person or organization has conducted and independent investigation to confirm the accuracy thereof.
FEma maP
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OLD COMANCHE CAMP
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MARSHALLS POINT DR
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DR
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WD
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Subject
Lot Lines
10 Ft Elevation Contours
Proposed Golf Course
100 - Year FEMA Floodplain
TOPO & FEMAMAP
9015 Mountain Ridge Dr., Suite 100Austin, TX 78759
reocaustin.com
512 346 5180All information (Information) provided or depicted on this map and or aerial photograph has been obtained from third party sources deemed reliable however, neither REOC Austin nor any of its brokers, agents, employees, officers, directors or affiliated companies (collectively, REOC Austin and Related Parties) have made an independent investigation of the Information or the Information sources, and no warranty or representation is made by REOC Austin and Related Parties as to the accuracy such Information. The Information is submitted subject to possible errors or omissions, and no person or organization should rely on the Information, unless such person or organization has conducted an independent investigation to confirm the accuracy thereof.
O
0 1,000500 Feet
For Sale: SHORELINE RANCH PDDProposed Single Family Development | Lago Vista, Texas
512 682 10003737 Executive Center Dr., Suite 255
Austin, TX 78731cipaustin.com
For sale: shoreline ranch pddProposed Single Family Development | Lago Vista, TX
LakE TravIS
All information (Information) provided or depicted on this map and or aerial photograph has been obtained from third party sources deemed reliable. However, neither CIP Austin nor any of its brokers, agents, employees, officers, directors or affiliated companies (collectively, CIP Austin and Related Parties) have made an independent investigation of the Information or the Information sources, and no warranty or representation is made by CIP Austin and Related Parties as to the accuracy os such Information. The Information is submitted subject to the possible errors or omissions, and no person or organization should rely on the Information, unless such person or organization has conducted and independent investigation to confirm the accuracy thereof.
512 682 10003737 Executive Center Dr., Suite 255
Austin, TX 78731cipaustin.com
For sale: shoreline ranch pddProposed Single Family Development | Lago Vista, TX
SCHOOL
Lago Vista ISD features a total enrollment of 1,275 students at Lago Vista High School, Lago Vista Middle School, and Lago Vista Elementary.
In the latest accountability ratings provided by the Texas Education Agency (TEA), the school district and its three campuses met standards and performed above targeted scores in four key areas including student achievement, student progress, closing performance gaps, and postsecondary readiness. Lago Vista High School received additional distinction from the TEA in reading, math, science, social studies, and postsecondary readiness. Lago Vista Middle School received distinction from the TEA in science, top-25 percent student progress, and postsecondary readiness, while Lago Vista Elementary School received distinction from the TEA in reading/ELA.
Most recently, Lago Vista ISD introduced a new high school campus that doubled in size from the previous facility, boasting a 600-seat auditorium, 2,500-seat football stadium, five science labs, an AG shop, band hall, and art room. The high school also launched an iPad 1:1 initiative, providing an iPad to each student in grades 9-12 for use throughout the year.
Lago Vista High School is the only school in Texas to offer all OnRamps courses from The University of Texas, and has implemented a learning management system -Canvas- that is also used by The University. Graduates of Lago Vista High School are now pursuing degrees at exceptional academic institutions across the state and the U.S., such as Emory University, The University of Texas, Texas A&M University, and Vanderbilt University, to name a few.
It’s hard to top the passion, innovation, and tradition of excellence in student achievement found on the campuses of the Lago Vists ISD. Go Vikings!
All information (Information) provided or depicted on this map and or aerial photograph has been obtained from third party sources deemed reliable. However, neither CIP Austin nor any of its brokers, agents, employees, officers, directors or affiliated companies (collectively, CIP Austin and Related Parties) have made an independent investigation of the Information or the Information sources, and no warranty or representation is made by CIP Austin and Related Parties as to the accuracy os such Information. The Information is submitted subject to the possible errors or omissions, and no person or organization should rely on the Information, unless such person or organization has conducted and independent investigation to confirm the accuracy thereof.
512 682 10003737 Executive Center Dr., Suite 255
Austin, TX 78731cipaustin.com
For sale: shoreline ranch pddProposed Single Family Development | Lago Vista, TX
dEmOGraPHICSDemographic and Income Profile SnapshotShoreline Ranch
5, 10, 20 mile rings
Ring: 5 Mile Radius
Summary Census 2010 2015 2020
Population 20,431 22,351 24,752
Trends: 2015-2020 Annual Rate Area State National
Population 2.06% 1.52% 0.75%
Households by Income 2015 2020
Median Household Income $82,341 $95,468Average Household Income $109,726 $122,473
Race and Ethnicity Census 2010 2015 2020
White Alone 89.4% 88.7% 88.1%Black Alone 0.9% 1.0% 1.0%Some Other Race Alone 5.3% 5.5% 5.7%Hispanic Origin (Any Race) 14.3% 15.0% 16.2%
Ring: 10 Mile Radius
Summary Census 2010 2015 2020
Population 170,687 196,725 226,777
Trends: 2015-2020 Annual Rate Area State National
Population 2.88% 1.52% 0.75%
Households by Income 2015 2020
Median Household Income $91,651 $102,706Average Household Income $123,076 $135,995
Race and Ethnicity Census 2010 2015 2020
White Alone 84.3% 82.8% 81.2%Black Alone 2.7% 2.8% 2.9%Some Other Race Alone 4.0% 4.2% 4.5%Hispanic Origin (Any Race) 14.4% 15.3% 3.6%
Ring: 20 Mile Radius
Summary Census 2010 2015 2020
Population 1,076,988 1,183,708 1,322,940
Trends: 2015-2020 Annual Rate Area State National
Population 2.25% 1.52% 0.75%
Households by Income 2015 2020
Median Household Income $66,028 $77,633Average Household Income $91,128 $102,643
Race and Ethnicity Census 2010 2015 2020
White Alone 74.2% 72.9% 71.7%Black Alone 6.6% 6.7% 6.7%Some Other Race Alone 8.7% 8.9% 9.0%Hispanic Origin (Any Race) 25.5% 26.3% 27.2%
Data Note: Income is expressed in current dollarsSource: U.S. Census Bureau, Census 2010 Summary File 1. ESRI forecasts for 2015 and 2018.
©2015 ESRI www.esri.com/ba February 18, 2016Made with ESRI Business Analyst
All information (Information) provided or depicted on this map and or aerial photograph has been obtained from third party sources deemed reliable. However, neither CIP Austin nor any of its brokers, agents, employees, officers, directors or affiliated companies (collectively, CIP Austin and Related Parties) have made an independent investigation of the Information or the Information sources, and no warranty or representation is made by CIP Austin and Related Parties as to the accuracy os such Information. The Information is submitted subject to the possible errors or omissions, and no person or organization should rely on the Information, unless such person or organization has conducted and independent investigation to confirm the accuracy thereof.
11-2-2015
TYPES OF REAL ESTATE LICENSE HOLDERS: A BROKER is responsible for all brokerage ac�vi�es, 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 informa�on about the property or transac�on received by the broker;Answer the client’s ques�ons and present any offer to or counter-offer from the client; andTreat all par�es to a real estate transac�on 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 wri�en lis�ng to sell or property management agreement. An owner's agent must perform the broker’s minimum du�es above and must inform the owner of any material informa�on about the property or transac�on known by the agent, including informa�on 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 wri�en representa�on agreement. A buyer's agent must perform the broker’s minimum du�es above and must inform the buyer of any material informa�on about the property or transac�on known by the agent, including informa�on disclosed to the agent by the seller or seller’s agent.
AS AGENT FOR BOTH - INTERMEDIARY: To act as an intermediary between the par�es the broker must rst obtain the wri�en agreement of each party to the transac�on. The wri�en agreement must state who will pay the broker and, in conspicuous bold or underlined print, set forth the broker's obliga�ons as an intermediary. A broker who acts as an intermediary:
Must treat all par�es to the transac�on impar�ally and fairly;May, with the par�es' wri�en consent, appoint a different license holder associated with the broker to each party (owner andbuyer) to communicate with, provide opinions and advice to, and carry out the instruc�ons of each party to the transac�on. Must not, unless specically authorized in wri�ng to do so by the party, disclose: ᴑ that the owner will accept a price less than the wri�en asking price;ᴑ that the buyer/tenant will pay a price greater than the price submi�ed in a wri�en offer; andᴑ any conden�al informa�on or any other informa�on that a party specically instructs the broker in wri�ng 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 transac�on 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 rst.
TO AVOID DISPUTES, ALL AGREEMENTS BETWEEN YOU AND A BROKER SHOULD BE IN WRITING AND CLEARLY ESTABLISH: The broker’s du�es and responsibili�es to you, and your obliga�ons under the representa�on 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 no�ce is being provided for informa�on purposes. It does not create an obliga�on for you to use the broker’s services. Please acknowledge receipt of this no�ce below and retain a copy for your records.
Information About Brokerage Services Texas law requires all real estate license holders to give the following informa on about
brokerage services to prospec ve buyers, tenants, sellers and landlords.
.
Designated Broker of Firm License No. Email Phone
Licensed Supervisor of Sales Agent/Associate
License No. Email Phone
Licensed Broker /Broker Firm Name or Primary Assumed Business Name
License No.
Regulated by the Texas Real Estate Commission Informa on available at www.trec.texas.gov IABS 1-0
Date Buyer/Tenant/Seller/Landlord Initials
Sales Agent/Associate’s Name License No. Email Phone
Commercial Industrial Properties, LLC 9007597 [email protected] (512) 682-1000
Robert Springer 627720
Phone
(512) 682-1001
Joyce Jane Weedman/Joshua Allen Hubka 344543/570840 [email protected] / [email protected] (512) 682-1000
