For Sale: The Reserve at Grand Parkway | Katy, Texas · 40+ acre site is the largest land tract...

The Reserve at Grand Parkway FOR SALE

W. Grand Parkway S. | Katy, TX 77494

The information contained herein was obtained from sources believed reliable; however, Streetwise Land Advisors makes no guarantees, warranties or representations as to the completeness or accuracy thereof. The presentation of this property is subject to errors, omissions, change of price or conditions, prior sale or lease or withdrawal without notice. Texas law requires licensee to disclose that it is representing the Buyer/Seller in the marketing of this property. FLYER LAST EDITED 4/17/2017.

LAND

Ryan Sweeney Managing Partner

[email protected] | 713.773.5514

Ed Page Managing Partner

[email protected] | 713.773.5560

FOR MORE INFORMATIONPLEASE CONTACT

LAND 3003 W. Alabama St. | Houston, TX 77098 | 713.595.9500 | www.streetwiseland.com

PROPERTY & AREA HIGHLIGHTSTHE RESERVE AT GRAND PARKWAY

Up to 40 AC - mixed-use development all sizes and configurations considered

Streetwise Land is pleased to announced the exclusive land offering for The Reserve at Grand Parkway, a premier mixed used land opportunity in the heart of Katy, Texas, situated at the southwest intersection of the Grand Parkway and Kingsland Boulevard. Surrounded by nationally recognized master-planned communities, most notably Cinco Ranch, this 40+ acre site is the largest land tract available on the Grand Parkway Segment D (between I-10 and Westpark Tollway).

• From 2000-2010, the Katy-area population is expected to grow 154% from 81,559 to 256,984 people

POPULATION

• Katy ISD is the fastest growing school district in the state of Texas serving over 73,000 students and is a distinguished, award-winning district

• Katy ISD named top Houston area school district for 2017 by Niche.com

• Niche.com ranks top 100 elementary schools in Houston metro; Katy ISD places 19 schools in top 30

KATY INDEPENDENT SCHOOL DISTRICT

• The City of Katy’s cost of living is 6% below the national average providing people and families financial flexibility with high-end amenities and excellent schools

COST OF LIVING

• City of Katy is located approximately 16 miles west of Houston on Interstate 10 which runs from Jacksonville, Florida to Los Angeles, California

• The intersection of I-10 and Grand Parkway accommodates over 350,000 cars per day is considered the west Houston epicenter

• The Grand Parkway is complete from I-45 north to Highway 59 south (I-69) which is the new commuter corridor for the growing suburban populations surrounding Houston

• Kingsland Boulevard, the east-west major thoroughfare adjoining the property, connects the site to established retail, award winning master planned communities, golf and entertainment, medical and office developments

ACCESS

Property Size:

TBD based on size configurationPrice:

Katy ISDSchool District:

Cimarron MUD

No known floodplain

Utilities:

Floodplain:

Off site detention available for portions of site

Engineering/ Detention

HOBBYAIRPORT

INTERCONTINENTALAIRPORT

HOUSTON

45

99

288

225

146

249

99

10

99

35

6

6

8

8

8

10

610

610

59

59

90

90

290

451960

TOLL

1960

30 miles toDowntown Houston

DEMOGRAPHICSTHE RESERVE AT GRAND PARKWAY


1 mile 3 miles 5 miles

POPULATION

2016 Estimated 11,026 94,887 247,098

2021 Projected 12,424 108,091 282,698

2010 Census 9,650 84,871 204,689

2000 Census 7,293 53,942 106,220

Projected Growth 2016-2021 2.5% 2.8% 2.9%

Historical Growth 2000-2016 3.2% 4.7% 8.3%

HOUSEHOLDS

2016 Estimated 3,936 32,889 82,547

2021 Projection 4,334 36,683 92,734

2010 Census 3,288 28,569 66,265

2000 Census 2,313 17,179 33,945

Projected Growth 2016-2021 2.0% 2.3% 2.5%

Historical Growth 2000-2016 4.4% 5.7% 8.9%

INCOME

2016 Est. Average HH Income $103,275 $114,151 $126,923

2016 Est. Median HH Income $89,706 $99,681 $111,061

HOUSING VALUE

2016 Est. Median Housing Value $179,428 $178,681 $198,973

2016 Estimated Households 3,936 32,889 82,547 Miles of hiking and biking trails in Cinco Ranch

Second Stadium Multipurpose Facility, Katy ISD

Cinco RanchEntry, Katy, TX


COMMERCIAL TRADE AREA


CLOSE UP AERIAL


TRADE AREA


NEIGHBORHOODS


SITE PLAN - I


SITE PLAN II

OBLIQUE AERIAL - LOOKING NORTHTHE RESERVE AT GRAND PARKWAY


OBLIQUE AERIAL - LOOKING WESTTHE RESERVE AT GRAND PARKWAY


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 conspicuous 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:

ᴑ that the owner will accept a price less than the written asking price;ᴑ that the buyer/tenant will pay a price greater than the price submitted in a written offer; andᴑ 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.

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.

.

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. Email Phone

Regulated by the Texas Real Estate Commission Information available at www.trec.texas.gov IABS 1-0

Date Buyer/Tenant/Seller/Landlord Initials

Sales Agent/Associate’s Name License No. Email Phone

For Sale: The Reserve at Grand Parkway | Katy, Texas · 40+ acre site is the largest land tract...

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