La Buena Vida

La Buena VidaRockport/Aransas Pass, Texas 78336

2 8 . 6 - A C R E WAT E R F R O N T R E S I D E N T I A L D E V E L O P M E N T O P P O R T U N I T Y

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Of leisure on the Texas coastline.

28.6 ACRESLa Buena VidaAdjacent to Estes Flats, Redfish Bay & Aransas Bay, popular salt water fishing spots for Red & Black drum Speckled Trout, and more.

ACCESSIBILITY

A 95-acre residential enclave with direct channel access to the Intracoastal

Waterway, Redfish Bay, and others Nestled between the two recreational’ sporting towns of Rockport & Aransas Pass.

IDEAL LOCATION

ROCKPORT/ARANSAS PASS EXCLUSIVE WATERFRONT COMMUNITY

REDFISH BAY

SAN JOSE ISLAND

PORT ARANSAS

PORT ARANSAS

McCAMPBELL PORTER AIRPORT

MUSTANG BEACHAIRPORT

INGLESIDE ON THE BAY

GREGORY

ARANSAS PASS

CITY BY THE SEA

ISLANDS OF ROCKORT

LA BUENA VIDA35TEXAS

35TEXAS

35TEXAS

BAHIA BAY

PALM HARBOR

ARANSAS BAY

TX-3

5

361

361

361

TX-3

5

INGLESIDE

LIVE OAKCOUNTRY CLUB

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At Home in Rockport & Aransas PassIntimate & Friendly Coastal Community

Opportunity for fishing, waterfowl hunting,boating, water sports, camping, hiking, golf, etc.

RECREATIONAL DESTINATION

Destination for “Winter Texans,” those seeking reprieve from colder climates.

MILD WINTERS & WARM SUMMERS

A strong artistic and cultural identity• Local art center• Variety of galleries• Downtown museums• Cultural institutions

THRIVINGARTS & CULTURE

Featuring some of the best birdwatching in the U.S. Home to Aransas National Wildlife Refuge, a protected haven for the endangered Whooping Crane and many other bird and marine species.

NATURALPARADISE

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STA

DIU

M D

R.

LITTLE BAY

ARANSAS COUNTY AIRPORT

KEY ALLEGRO MARINA

KEY ALLEGRO

ROCKPORT-FULTON MIDDLE SCHOOL

ENROLLMENT: 731

ROCKPORT-FULTON HIGH SCHOOLENROLLMENT: 944

WAL-MART

THE LIGHTHOUSE INN - ROCKPORT

THE INN AT FULTON HARBOUR

HARBOUR LIGHT COTTAGES

FULTON ELEMENTARYSCHOOL

ENROLLMENT: 509

FAMILY DOLLARO’REILLYBEALLSMCDONALDS

WHATABURGERDAIRY QUEEN

TACO BELLHEB

WALGREENSBURGER KING

SONIC DRIVE IN

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ROCKPORT

FULTON

SALT LAKE

ROCKPORT

28.6 ACRES

At Home in Rockport & Aransas PassAREA ATTRACTIONS & AMENITIES

ROCKPORTCOUNTRY CLUB

POPEYESPIZZA HUTIBC BANK

ACE HARDWARE

5½MILES SOUTHOF MAP EXTENT

AQUARIUM AT ROCKPORT HARBOUR

CINEMA 4

BLUE WAVE INN

35TEXAS

HAMPTON INN

AMERICA’S BEST VALUE INN

HOLIDAY INN EXPRESS

35TEXAS

FM 3036

TAYLOR BLVD.

BROADWAY ST.

ENTERPRISE BLVD.

TEXAS MARITIMEMUSEUM

FULTON BEACH PARK

ROCKPORT BEACH

RETAIL / OFFICE / RESTAURANTS

SCHOOLS

HOTEL AND LODGING

LOCAL ATTRACTIONS

LA BUENA VIDA

LA QUINTA INN

FULTON MANSIONHISTORIC STATE SITE

SUBWAY

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At Home in Rockport & Aransas Pass

SUBDIVISION AVG. HOME PRICE

AVG. LAND ASSESSMENT RANGE*

Cape Velero $484,618 $52,176 - $87,476

Copano Cove $178,469 $81,006

Copano Ridge $357,400 $134,128

Harbor Oaks $572,647 $264,485

Key Allegro $711,349 $385,120

Palm Harbor $310,857 $93,098 - $125,123

Bahia Bay $433,486 $170,605

Islands of Rockport $889,469 $385,120

La Buena Vida $960,047 $225, 794 - $440,103

City by the Sea $435,000 $157,981 - $192,595

CITY BY THE SEA

ISLANDS OF ROCKORT

BAHIA BAY

PALM HARBOR

REDFISH BAY

LA BUENA VIDA

PORT BAY

CAPE VELERO

NORTH POINT MARINA

COPANO COVE

CANAL SUBDIVISIONS

COPANO RIDGE

SALT LAKE

KEY ALLEGRO

HARBOR OAKS

ARANSAS BAY

ROCKPORT

FULTON

35TEXAS

35TEXAS

35TEXAS

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ARANSASCOUNTY AIRPORT

*Average land assessment range per acre

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• Underground Utilities

• Curbed and Guttered Monument Entry

• Bulk Headed Waterfront

• Private Marina Area & Boat Slips

An Oasis for fishing and nature enthusiasts

Peaceful views of the protected wetlands areas and bountiful, wildlife-populating wetlands.

DRIVE TIMES:2 hours to San Antonio (147 miles)3 hours to Houston (195 miles)3 hours to Austin (188 miles)

DEVELOPMENT READY

La Buena Vida

DEVELOPMENT FEATURES

Less than 10 nautical miles to the Port Aransas jetties for access to deep sea fishing in the Gulf of Mexico.

A portion of La Buena Vida has been designated for a bird sanctuary and wetland reserve

Gated, waterfront community conveniently located between the city of Rockport and Aransas Pass, off I-35 North

PHASE IPHASE II

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Seconds away from Estes Flats, home to world-class redfish and Speckled Trout fishing

LA BUENA VIDA

ISLANDS OF ROCKPORT

35TEXAS

35TEXAS

CITY BY THE SEA

Redfish Bay

Gulf Of Mexico

Intracostal Waterway

28.6 ACRES

DALLAS/FORT WORTH

AUSTIN

SAN ANTONIO

HOUSTON

PORT OF HOUSTON

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PHASE II PLANNED AND PERMITTED• +/-28.6 Usable Acres Development Ready• Utilities in place• Bulk Headed Waterfront• 742’ Frontage on TX-35 Business

Ideal for residential, mixed-use development, condo, townhome or single-family development

RELATIVELY LOW ENTRY COST FOR CONTINUED DEVELOPMENT

The Good Life

Approximate location flood zone A13 (EL.9)

COMMON LAKE AREA

COMMON WETLAND

AREA

COM

MO

N A

REA

LA BUENA VIDA

SUBDIVISION PHASE II

Wetland Area

LA BUENA VIDA

SUBDIVISION PHASE I

COMMON AREA

PHASE I SOLD OUT IN 9 MONTHS!

• 47 Large, Waterfront Lots• Underground utilities• Wide, Curbed/Guttered Streets• Private Marina

REDF

ISH

BAY

TEXA

S G

ULF

INTR

ACO

STAL

WAT

ERW

AY

(400

’ R.O

.W.)

LA BUENA VIDA DRIVE

LA BUENA VIDA DRIVE

(BUS

INES

S RO

UTE)

(120

.0’ R

.0.W

.)

35TE

XAS

28.6 ACRES

CONSTRUCTION & MAINTENANCE EASEMENT PER PLAT

PHASE II READY FOR DEVELOPMENT

35TEXAS

35TEXAS

REDFISH BAY

28.6 ACRES

La Buena VidaCITY BY THE SEA

ISLANDS OF ROCKPORT

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LA BUENA VIDA PLAT PLAN

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PRIVATE MARINA

• 12-foot-wide Owned Slips• 20-foot-wide Lease Slips• Fish Cleaning Station• Ample Parking

*Additional marina information available in the Offering Summary at the end of this package.

COMPLETELY BULK HEADED WITH MARINA/CANAL COMPLETE OUT TO REDFISH BAY

PHASE II READY FOR DEVELOPMENT

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SURVEY

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CBRE is pleased to present Phase II of La Buena Vida, a gated waterfront residential community conveniently located between the outdoor sporting towns of Rockport and Aransas Pass off I-35 North. The 95-acre community provides direct channel access to the Intracoastal Waterway (ICW) and Redfish Bay. Phase I of La Buena Vida sold out in roughly nine months, and Phase II is already primed for development. All utilities are underground, streets are wide, curbed and guttered, completely bulk headed, and there is a private marina.

This waterfront community is only seconds away from Estes Flats where dramatic bay fishing for redfish, trout and flounder, to name a few, can be found. It is less than 10 nautical miles to the Port Aransas jetties for access to the Gulf of Mexico and world-class bill fishing. Intracoastal waterway frontage lots have wide open easterly views of Estes Flats. Lakefront lots allow for private docks and deep boating channel access to the ICW, and peaceful views of the protected wetland areas (almost 20 acres of wetlands) and the bountiful wildlife that populates the reserve. Nature enthusiasts will find more bird watching opportunities in nearby Rockport than almost anywhere else in North America, including nesting whooping cranes in the large Aransas National Wildlife Refuge.

PHASE I• Currently, Phase I of La Buena Vida contains

47 waterfront lots measuring not less than one half acre each.

• Sold out in roughly nine months• All utilities are underground, streets are wide,

curbed and guttered, and there is a private marina area.

PHASE II• Phase II of La Buena Vida totals ±28.6

usable acres and is now ready for higher-density development

• Land is permitted and ready to go, utilities in place

• Ideal opportunity for multifamily, condo, townhome, or single-family

• Completely bulk headed• 742’ frontage on TX-35 Business• Asking Price $7 million

COMPLETE OFFERING SUMMARY

La Buena Vida

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COMPLETE OFFERING SUMMARY

La Buena Vida

MARINA INFORMATION

The La Buena Vida development includes a private marina that contains 12 twelve-foot-wide ‘owned slips”, and six (6) twenty-foot-wide “lease slips”, a fish cleaning station and ample parking. Ten (10) of the owned slips have been purchased by Lot owners, and two remain available for purchase from LBV Development, LLC. Owners are allowed to install boat lifts, and electricity and water service are available. The slip owners pay an annual Marina Assessment of $200 to the POA to cover utilities and property tax.

Boats of up to maximum 42 ft length overall (LOA) can be accommodated in one of six slips currently available for lease from the POA. The distance from the marina bulkhead across to the Phase II bulkhead is approximately 250 ft, providing ample space for maneuvering. The LBV marina and lake channels were originally dredged to 10 ft depth. In May 2009 and July 2012, depths were again surveyed with shallow areas found only up against the north and south bulkheads of the channel entrance from the ICW.

Marina admittance is restricted to Lot owners, their family and bona fide guests. The subdivision is actively patrolled by Constable and Sheriff offices to assure no trespassing or unauthorized use. To provide safety and comfort for all owners and guests in the marina, adherence to the Dockside Rules and Regulations is required.

ROCKPORT INFORMATION

The City of Rockport is located on a peninsula, surrounded by water on three sides including Copano Bay and Aransas Bay, and rests seven feet above sea level. Within the area, there are pockets of freshwater emergent wetlands, freshwater forested/shrub wetlands, and freshwater ponds. These wetlands create habitats for many species of birds, fish, and amphibians. The coastal areas within the region also include estuarine wetlands, which offer critical breeding, resting, feeding, and nursery grounds for a large variety of waterfowl, fisheries, endangered species, birds, and mammals. The area of Rockport thrives on activities related to these wetlands; such as commercial fishing, shrimping, bird watching, sport fishing, kayaking, and boating.

Rockport is least developed along State Highway 35, where the land is covered with deciduous forest and scrub/shrub vegetation. On the northwest side there is a mix of palustrine and estuarine wetlands, grasslands, and herbaceous lands. The central region of Rockport is developed open space, which includes some herbaceous grasslands. A few small palustrine and estuarine wetlands dot this region. The area includes Rockport Country Club. This is not a densely developed region. The northern expanse of the city is also developed open space, predominately occupied by the Aransas County Airport, which is largely utilized by the military, air-taxis, and in emergency situations.

Source: City of Rockport, State of Community Report 2016

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Much of the downtown area and Business Route 35 lie in either the 100-year or 500-year floodplain. This includes Key Allegro, an affluent neighborhood that sits on an island between Aransas Bay and Little Bay, which is entirely in the floodplain.

There are three areas of the city that include high-intensity development: 1) north where the City of Rockport borders the Town of Fulton (includes several hotels, restaurants, a movie theater), 2) south which includes schools and Walmart, and 3), further south with many public facilities/institutions.

Rockport has two harbors. Rockport Harbor is located downtown and Cove Harbor is located on the south side of the city. These harbors provide a variety of services such as docks, boat slips, fish-cleaning stations, restrooms, laundry, mailboxes, and access to land transportation.

The Gulf Intracoastal Waterway, a 1,300-mile, man-made canal extending along the Gulf of Mexico from Brownsville, Texas to St. Marks, Florida, is part of the larger Intracoastal Waterway that continues along the Atlantic seaboard. Cargo carried on the waterway are typically crude and petroleum products, iron and steel, building materials, fertilizers, liquid sulfur, and other bulk products. Commercial fishing fleets and recreational boaters can readily access the Gulf of Mexico via the this waterway as well. The Aransas County Navigation District is responsible for maintaining and improving public waterways and public waterfront facilities in the County, with five main facilities under its jurisdiction: Rockport Harbor, Fulton Harbor, Cove Harbor, Copano Bay Fishing Pier, and the Rockport Beach.Aquatic Park is open year-round. The park contains an 8-lane, heated, 25-yard pool and diving area, a whale shaped zero-depth children’s pool with slides and sprays, and a bathhouse. Adjacent to the Aquatic Park

is a picnic area with a playground, and two nature trails. Adjacent is a 6,000 foot Skate Park. Memorial Park is a 100+ acre community park with recreational trails, sporting fields, exercise stations, birding sites, picnic facilities and the Rockport Dog Park. Rockport Beach Park offers gulf shoreline recreation, complete with playgrounds, a fishing pier, boat ramp, picnic areas, and a cold water pool. Goose Island State Park, a 321-acre island park, is located north of Rockport. Texas Parks and Wildlife maintains the park. Activities include camping, hiking, fishing, boating, wildlife observation and photography. It offers a 1,620-foot fishing pier, boat launch and fish cleaning station.

The City of Rockport Water Storage and Distribution Department maintains and services over 9,000 water connections, over 100 miles of waterlines, three elevated water towers, and two, in-ground water tanks. The Wastewater Collection and Treatment Department also maintains and services over 4,000 sanitary sewer connections and over 60 miles of sanitary sewer lines. Both departments follow guidelines provided by the Texas Commission on Environmental Quality and the United States Environmental Protection Agency, and run routine inspections on all systems.

The City of Rockport is one of five communities included in the Aransas County Independent School District. The school district is an independent county-wide school system serving a 486-square mile area, and 3,316 students. Other communities in the district are Holiday Beach, Lamar, Fulton, and the northern part of Aransas Pass. Five schools make up the district: Little Bay Primary School (Pre-K through Kindergarten), Live Oak 1-3 Learning Center (Grades 1-3), Fulton 4-5 Learning Center (Grades 4-5), Rockport-Fulton Middle School (Grades 6-8), and Rockport-Fulton High School (Grades 9-12).

COMPLETE OFFERING SUMMARY

ROCKPORT INFORMATION - CONTINUED

Source: City of Rockport, State of Community Report 2016

La Buena Vida

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La Buena Vida2 8 . 6 - A C R E WATERFRONT RESIDENTIAL DEVELOPMENT OPPORTUNITY

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© 2017 CBRE, Inc. The information contained in this document has been obtained from sources believed reliable. While CBRE, Inc. does not doubt its accuracy, CBRE, Inc. has not verified it and makes no guarantee, warranty or representation about it. It is your responsibility to independently confirm its accuracy and completeness. Any projections, opinions, assumptions or estimates used are for example only and do not represent the current or future performance of the property. The value of this transaction to you depends on tax and other factors which should be evaluated by your tax, financial and legal advisors. You and your advisors should conduct a careful, independent investigation of the property to determine to your satisfaction the suitability of the property for your needs.

DARIN GOSDASR. VICE PRESIDENT

Tel: 713 577 1819

darin.gosda@cbre.com