R bAR C RANCh
R bar c ranch
LAND ADVISORS-austin exclusive listing | Austin, Texas Location The property is off of FM 1826 on Gorman Springs Road approximately 1.5 miles south of SH 45 and less than 20 miles from downtown Austin and the University of Texas. Size ±291 acres Price $13,700,000 Tax Parcels R94603, R17611, R123789, R13700, R15772, R13699 entitlements None at present Governing Jurisdictions City of Austin ETJ, Hays County, Edwards Aquifer Utilities Wastewater: Septic Electric: Pedernales Electric Wells: Owner has drilled 15 wells on the property Taxes $19,811 for 2014. The property is under a wildlife management program. Schools Dripping Springs ISD and Hays Consolidated ISD Improvements 3/3.5 stone and stucco house with walkway to 2/1 guest house overlooking the creek. There is a state of the art wine cellar, three car garage, barn and corrals with bunkrooms and ample storage. In addition, there is a separate entertainment building or third guest house and a camp house on the creek for entertaining. The drive into the property is paved and the entrance is gated with a fountain. For recreation there is a skeet range, two swimming pools, chess, in-ground trampoline, horseshoes, dance floor and more. The property is high fenced and then cross fenced for exotics and native game. There are three tanks, approximately 15 wells each with rock well houses, underground electric, lighting systems, orchard, enclosed gardens, extensive rockwork along the creek and immense landscaping. Comments Dammed Bear Creek, one of the premier rock bottom and spring fed creeks in Hays County, meanders through the center of the ranch for nearly a mile. The creek has been dammed in several locations. The creek at the main house and party house are particularly enchanting. The improvements are extremely well executed and would be difficult, if not impossible, to replicate. The property is suited for use as a personal retreat, residential development or commercial uses.
Carlotta McLean | [email protected] Tim Riley | [email protected] 901 South MoPac Expressway, Barton Oaks Plaza II Suite 525, Austin, TX 78746 ph. 512.327.3010 | www.landadvisors.com The information contained herein is from sources deemed reliable. We have no reason to doubt its accuracy but do not guarantee it. It is the responsibility of the person reviewing this information to independently verify it. This package is subject to change, prior sale or complete withdrawal. TXHY00063-115396-2.27.15
R Bar C Ranch property photos
R bar c ranch property photos
CARLOTTA MCLEAN | TIM RILEY
REGIONAL MAP
TXHY00063-9837
01-20-15
y
D
Rd
gd ale
Sp rin
Sunfield
Ln
Sun Chase
1
ill ia
m
s
FM
R
Niederwald
d
FM
1
85 4
B Ca as ld tro w p el C l C ou ou nt n y ty
Pe arc
17 0
96
FM
M
9
Burnet Rd
Creedmoor
20 0
FM
4
183 ¤ ¡
F
W ol f
Rd l lam
Formula One Race Track
C Tra al v dw is el Co lC u ou nty nt y
Loo p 4
Ln
Blanco River Ranch
9
F M 1327
FM
ac
Miles
Austin-Bergstrom International Airport
Easton
W
Plum Creek
3
d
TXI
Rio de Vida
Double Eagle
eL n
21 T U
81
2
5
1.5
0
Austin Energy
53
0
R
on
K
Buda
7
F
so n
Del Valle
5
45 T U
U T
Whisper Valley
FM
Non-Residential
150
Future
Dr
35 Goodnight
FM 1626 M 27
FM
Active
Onion Creek Natural Area
Bu rle
e
16 2
RR 1 2 Projects
si d
s sney L
Ranch
n
Ke
§ ¦ ¨
Eastwood
130
73
n
Loyo la L
t
McKinney Falls State Park
FM 967
Legend
er
0
290 ¤ ¡
T B ra as v tr is op C o C un ou t nt y y
Tr H avi ay s s Co Co u un n t ty y
Shadow Presidential Glen Glen
11 0
Wildhorse Central Park Ranch
FM
S la u ghter L
O Bar Rim Rock Ranch City Of Austin Water Quality Preserve
d ill R E lde r H
St a
St
th S
n
Br o
s L n
rf
Pioneer Harris Crossing Branch
Ln
FM
Highpointe
vi
R
Ma
Subject
d
Ln di e
FM
Circle C Ranch
Belterra
Da
Headwaters
Dripping Springs
Dr
M 26
m La
18
Hill Ranch
Bl ar Olto
r Ln
Manor
Mueller
vd
U T
St
v
D c le r
d
n ig
Austin 7
Barton Creek Wilderness Preserve
Ln
Ri
z hugh R
Barton Creek
71
C ir
RR 12
Shield Ranch The Nature Conservancy
1 T U
C on gr 1st es St sA ve
Spanish Oaks Barton Creek Preserve
38 th
nc h ac a
Hatchett
U T
F M 224 4
Bee Cave
r
er so
Ko
360
New Sweden
Ln
Sweetwater
And
e
Peacock Ranch
Br ak e
mer Ya ge
n
Rough Hollow
RGK
es a
620
Steiner Ranch
22
Lakeway
Fit
FM 22
Point Venture
FM
VizcayaCovert
2
FM 1 325
2
32
FM
P ar
Ln
Lake Travis
512.327.3010 | WWW.LANDADVISORS.COM
While Land Advisors Organization® makes every effort to provide accurate and complete information, there is no warranty, expressed or implied, as to the accuracy, reliability or completeness of furnished data. This information can not be reproduced in part or whole without prior written permission. © Land Advisors Organization®
CARLOTTA MCLEAN | TIM RILEY
SURROUNDING DEVELOPMENT MAP
Sa w
Riley Ranch Hi l
l
s
Future
Br o
lvd
no n
Dr
t
B Gat e
Rd ac a
ht
er Ln
Ma nc h
au g
Tabor
FM 1 626
Rd
Rim Rock O Bar Ranch
Estancia Hill Country (Heep)
City Of Austin Water Quality Preserve
16 2
Rutherford East
Parks & Preserves
Active
Austin
Ca n
Bauerle Ranch Park
Greyrock Ridge
Tr H avi ay s s Co Co u n City of unty ty
Ln
Bridges Henry at Bear Creek
FM 150
Legend
Avana
Rd
Rutherford West
Projects
FM
18
v is
m
FM
Driftwood Vineyards
J17 Fortune
Subject 26
Reunion Ranch
Darden
Creek of Driftwood
Da
Circle C Ranch
Meridian
Highpointe
illi a
1
Sl
Rd wn ro ty B
ye r R a nch R
Belterra
Baker
45 T U
N ut
d
e B
Es c a rpm
Headwaters
U T
W
6
Rd
e nt B lvd
in
Saratoga Hills
Headwaters Commercial
Rd
et t
ut w e T ra
Bending Oak Ranch
ct Hi ll Rd
We s
o nvi
Ln
Ridgeview
ck
Rd
di e
D
r
290 ¤ ¡
C
hu gh
Cir cl e
Fitz
512.327.3010 | WWW.LANDADVISORS.COM
Non-Residential
0.5
1
Mile TXHY00063-9837
01-20-15
Conservation Lands
FM
K 0
96 7
Garlic Creek West
§ ¦ ¨ 35
While Land Advisors Organization® makes every effort to provide accurate and complete information, there is no warranty, expressed or implied, as to the accuracy, reliability or completeness of furnished data. This information can not be reproduced in part or whole without prior written permission. © Land Advisors Organization®
CARLOTTA MCLEAN | TIM RILEY
Be ar
900 ft
PROPERTY DETAIL, CONTOUR & FLOODPLAIN MAP
FM
2 18
6
880 ft
ft
900 ft t 0f 94
t 860 f
Dr
t 0f 90 t 0f 92
eek Cr
0 94
512.327.3010 | WWW.LANDADVISORS.COM
94 0
900 ft
Tr H avi ay s s Co Co u u n nt ty y
880 ft
t 0f 92 ft
920 ft
840 ft
ft 960
840 ft
920 ft
940 ft
94 0
820 f t
84 0f t 86 0f t
98 0
Floodway
920 ft
960 ft
ft
Legend 20ft Contour
t 0f 80
90 0f t
t 0f 88
960 ft
88 0f t
ft
K 0
500
1,000
Feet TXHY00063-9837
01-20-15
t 0f 88 t 0f 90
90 0f t
100 Year Floodplain
While Land Advisors Organization® makes every effort to provide accurate and complete information, there is no warranty, expressed or implied, as to the accuracy, reliability or completeness of furnished data. This information can not be reproduced in part or whole without prior written permission. © Land Advisors Organization®
CARLOTTA MCLEAN | TIM RILEY
SOILS MAP
512.327.3010 | WWW.LANDADVISORS.COM
Be ar eek Cr
Map Unit Symbol BtD
Brackett-Rock outcrop-Comfort complex, 1 to 8% slopes
1.5%
BtG
Brackett-Rock outcrop-Real complex, 8 to 30% slopes
15.8% 51.2%
Dr
FM
2 18
6
BtD
CrD
Percent
CrD
Comfort-Rock outcrop complex, 1 to 8% slopes
DoC
Doss silty clay, moist, 1 to 5% slopes
2.4%
LeA
Lewisville silty clay, 0 to 1% slopes
15.6%
LeB
Lewisville silty clay, 1 to 3% slopes
PuC
CrD
Map Unit Name
Purves clay, 1 to 5% slopes Totals for Area of Interest
3.6% 10.0% 100%
Tr H avi ay s s Co Co u un nty ty
DoC
LeB
PuC LeA
CrD CrD
BtG
K 0
500
1,000
Feet TXHY00063-9837
01-20-15
While Land Advisors Organization® makes every effort to provide accurate and complete information, there is no warranty, expressed or implied, as to the accuracy, reliability or completeness of furnished data. This information can not be reproduced in part or whole without prior written permission. © Land Advisors Organization®
APPROVED BY THE TEXAS REAL ESTATE COMMISSION FOR VOLUNTARY USE
Texas law requires all real estate licensees to give the following information about brokerage services to prospective buyers, tenants, sellers and landlords. INFORMATION ABOUT BROKERAGE SERVICES: Before working with a real estate broker, you should know that the duties of a broker depend on whom the broker represents. If you are a prospective seller or landlord (owner) or a prospective buyer or tenant (buyer), you should know that the broker who lists the property for sale or lease is the owner’s agent. A broker who acts as a subagent represents the owner in cooperation with the listing broker. A broker who acts as a buyer’s agent represents the buyer. A broker may act as an intermediary between the parties if the parties consent in writing. A broker can assist you in locating a property, preparing a contract or lease, or obtaining financing without representing you. A broker is obligated by law to treat you honestly. IF THE BROKER REPRESENTS THE OWNER: The broker becomes the owner’s agent by entering into an agreement with the owner, usually through a written - listing agreement, or by agreeing to act as a subagent by accepting an offer of subagency from the listing broker. A subagent may work in a different real estate office. A listing broker or subagent can assist the buyer but does not represent the buyer and must place the interests of the owner first. The buyer should not tell the owner’s agent anything the buyer would not want the owner to know because an owner’s agent must disclose to the owner any material information known to the agent. IF THE BROKER REPRESENTS THE BUYER: The broker becomes the buyer’s agent by entering into an agreement to represent the buyer, usually through a written buyer representation agreement. A buyer’s agent can assist the owner but does not represent the owner and must place the interests of the buyer first. The owner should not tell a buyer’s agent anything the owner would not want the buyer to know because a buyer’s agent must disclose to the buyer any material information known to the agent. IF THE BROKER ACTS AS AN INTERMEDIARY: A broker may act as an intermediary between the parties if the broker complies with The Texas Real Estate License Act. The broker must obtain the written consent of each party to the transaction to act as an intermediary. The written consent must state who will pay the broker and, in conspicuous bold or underlined print, set forth the broker’s obligations as an intermediary. The broker is required to treat each party honestly and fairly and to comply with The Texas Real Estate License Act. A broker who acts as an intermediary in a transaction: 1. Shall treat all parties honestly; 2. May not disclose that the owner will accept a price less than the asking price unless authorized in writing to do so by the owner; 3. May not disclose that the buyer will pay a price greater than the price submitted in a written offer unless authorized in writing to do so by the buyer; and 4. May not disclose any confidential information or any information that a party specifically instructs the broker in writing not to disclose unless authorized in writing to disclose the information or required to do so by The Texas Real Estate License Act or a court order or if the information materially relates to the condition of the property. With the parties’ consent, a broker acting as an intermediary between the parties may appoint a person who is licensed under The Texas Real Estate License Act and associated with the broker to communicate with and carry out instructions of one party and another person who is licensed under that Act and associated with the broker to communicate with and carry out instructions of the other party. If you choose to have a broker represent you, you should enter into a written agreement with the broker that clearly establishes the broker’s obligations and your obligations. The agreement should state how and by whom the broker will be paid. You have the right to choose the type of representation, if any, you wish to receive. Your payment of a fee to a broker does not necessarily establish that the broker represents you. If you have any questions regarding the duties and responsibilities of the broker, you should resolve those questions before proceeding. Real estate licensee asks that you acknowledge receipt of this information about brokerage services for the licensee’s records. _____________________________________________________________________________________________________________ Buyer, Seller, Landlord or Tenant Date Texas Real Estate Brokers and Salespersons are licensed and regulated by the Texas Real Estate Commission (TREC). If you have a question or complaint regarding a real estate licensee, you should contact TREC at P.O. Box 12188, Austin, Texas 78711-2188 or 512-465-3960. EQUAL HOUSING OPPORTUNITY. 01A TREC No. OP-K
LAND ADVISORS-austin exclusive listing | Austin, Texas Location The property is off of FM 1826 on Gorman Springs Road approximately 1.5 miles south of SH 45 and less than 20 miles from downtown Austin and the University of Texas. Size ±291 acres Price $13,700,000 Tax Parcels R94603, R17611, R123789, R13700, R15772, R13699 entitlements None at present Governing Jurisdictions City of Austin ETJ, Hays County, Edwards Aquifer Utilities Wastewater: Septic Electric: Pedernales Electric Wells: Owner has drilled 15 wells on the property Taxes $19,811 for 2014. The property is under a wildlife management program. Schools Dripping Springs ISD and Hays Consolidated ISD Improvements 3/3.5 stone and stucco house with walkway to 2/1 guest house overlooking the creek. There is a state of the art wine cellar, three car garage, barn and corrals with bunkrooms and ample storage. In addition, there is a separate entertainment building or third guest house and a camp house on the creek for entertaining. The drive into the property is paved and the entrance is gated with a fountain. For recreation there is a skeet range, two swimming pools, chess, in-ground trampoline, horseshoes, dance floor and more. The property is high fenced and then cross fenced for exotics and native game. There are three tanks, approximately 15 wells each with rock well houses, underground electric, lighting systems, orchard, enclosed gardens, extensive rockwork along the creek and immense landscaping. Comments Dammed Bear Creek, one of the premier rock bottom and spring fed creeks in Hays County, meanders through the center of the ranch for nearly a mile. The creek has been dammed in several locations. The creek at the main house and party house are particularly enchanting. The improvements are extremely well executed and would be difficult, if not impossible, to replicate. The property is suited for use as a personal retreat, residential development or commercial uses.
Carlotta McLean | [email protected] Tim Riley | [email protected] 901 South MoPac Expressway, Barton Oaks Plaza II Suite 525, Austin, TX 78746 ph. 512.327.3010 | www.landadvisors.com The information contained herein is from sources deemed reliable. We have no reason to doubt its accuracy but do not guarantee it. It is the responsibility of the person reviewing this information to independently verify it. This package is subject to change, prior sale or complete withdrawal. TXHY00063-115396-2.27.15
R Bar C Ranch property photos
R bar c ranch property photos
CARLOTTA MCLEAN | TIM RILEY
REGIONAL MAP
TXHY00063-9837
01-20-15
y
D
Rd
gd ale
Sp rin
Sunfield
Ln
Sun Chase
1
ill ia
m
s
FM
R
Niederwald
d
FM
1
85 4
B Ca as ld tro w p el C l C ou ou nt n y ty
Pe arc
17 0
96
FM
M
9
Burnet Rd
Creedmoor
20 0
FM
4
183 ¤ ¡
F
W ol f
Rd l lam
Formula One Race Track
C Tra al v dw is el Co lC u ou nty nt y
Loo p 4
Ln
Blanco River Ranch
9
F M 1327
FM
ac
Miles
Austin-Bergstrom International Airport
Easton
W
Plum Creek
3
d
TXI
Rio de Vida
Double Eagle
eL n
21 T U
81
2
5
1.5
0
Austin Energy
53
0
R
on
K
Buda
7
F
so n
Del Valle
5
45 T U
U T
Whisper Valley
FM
Non-Residential
150
Future
Dr
35 Goodnight
FM 1626 M 27
FM
Active
Onion Creek Natural Area
Bu rle
e
16 2
RR 1 2 Projects
si d
s sney L
Ranch
n
Ke
§ ¦ ¨
Eastwood
130
73
n
Loyo la L
t
McKinney Falls State Park
FM 967
Legend
er
0
290 ¤ ¡
T B ra as v tr is op C o C un ou t nt y y
Tr H avi ay s s Co Co u un n t ty y
Shadow Presidential Glen Glen
11 0
Wildhorse Central Park Ranch
FM
S la u ghter L
O Bar Rim Rock Ranch City Of Austin Water Quality Preserve
d ill R E lde r H
St a
St
th S
n
Br o
s L n
rf
Pioneer Harris Crossing Branch
Ln
FM
Highpointe
vi
R
Ma
Subject
d
Ln di e
FM
Circle C Ranch
Belterra
Da
Headwaters
Dripping Springs
Dr
M 26
m La
18
Hill Ranch
Bl ar Olto
r Ln
Manor
Mueller
vd
U T
St
v
D c le r
d
n ig
Austin 7
Barton Creek Wilderness Preserve
Ln
Ri
z hugh R
Barton Creek
71
C ir
RR 12
Shield Ranch The Nature Conservancy
1 T U
C on gr 1st es St sA ve
Spanish Oaks Barton Creek Preserve
38 th
nc h ac a
Hatchett
U T
F M 224 4
Bee Cave
r
er so
Ko
360
New Sweden
Ln
Sweetwater
And
e
Peacock Ranch
Br ak e
mer Ya ge
n
Rough Hollow
RGK
es a
620
Steiner Ranch
22
Lakeway
Fit
FM 22
Point Venture
FM
VizcayaCovert
2
FM 1 325
2
32
FM
P ar
Ln
Lake Travis
512.327.3010 | WWW.LANDADVISORS.COM
While Land Advisors Organization® makes every effort to provide accurate and complete information, there is no warranty, expressed or implied, as to the accuracy, reliability or completeness of furnished data. This information can not be reproduced in part or whole without prior written permission. © Land Advisors Organization®
CARLOTTA MCLEAN | TIM RILEY
SURROUNDING DEVELOPMENT MAP
Sa w
Riley Ranch Hi l
l
s
Future
Br o
lvd
no n
Dr
t
B Gat e
Rd ac a
ht
er Ln
Ma nc h
au g
Tabor
FM 1 626
Rd
Rim Rock O Bar Ranch
Estancia Hill Country (Heep)
City Of Austin Water Quality Preserve
16 2
Rutherford East
Parks & Preserves
Active
Austin
Ca n
Bauerle Ranch Park
Greyrock Ridge
Tr H avi ay s s Co Co u n City of unty ty
Ln
Bridges Henry at Bear Creek
FM 150
Legend
Avana
Rd
Rutherford West
Projects
FM
18
v is
m
FM
Driftwood Vineyards
J17 Fortune
Subject 26
Reunion Ranch
Darden
Creek of Driftwood
Da
Circle C Ranch
Meridian
Highpointe
illi a
1
Sl
Rd wn ro ty B
ye r R a nch R
Belterra
Baker
45 T U
N ut
d
e B
Es c a rpm
Headwaters
U T
W
6
Rd
e nt B lvd
in
Saratoga Hills
Headwaters Commercial
Rd
et t
ut w e T ra
Bending Oak Ranch
ct Hi ll Rd
We s
o nvi
Ln
Ridgeview
ck
Rd
di e
D
r
290 ¤ ¡
C
hu gh
Cir cl e
Fitz
512.327.3010 | WWW.LANDADVISORS.COM
Non-Residential
0.5
1
Mile TXHY00063-9837
01-20-15
Conservation Lands
FM
K 0
96 7
Garlic Creek West
§ ¦ ¨ 35
While Land Advisors Organization® makes every effort to provide accurate and complete information, there is no warranty, expressed or implied, as to the accuracy, reliability or completeness of furnished data. This information can not be reproduced in part or whole without prior written permission. © Land Advisors Organization®
CARLOTTA MCLEAN | TIM RILEY
Be ar
900 ft
PROPERTY DETAIL, CONTOUR & FLOODPLAIN MAP
FM
2 18
6
880 ft
ft
900 ft t 0f 94
t 860 f
Dr
t 0f 90 t 0f 92
eek Cr
0 94
512.327.3010 | WWW.LANDADVISORS.COM
94 0
900 ft
Tr H avi ay s s Co Co u u n nt ty y
880 ft
t 0f 92 ft
920 ft
840 ft
ft 960
840 ft
920 ft
940 ft
94 0
820 f t
84 0f t 86 0f t
98 0
Floodway
920 ft
960 ft
ft
Legend 20ft Contour
t 0f 80
90 0f t
t 0f 88
960 ft
88 0f t
ft
K 0
500
1,000
Feet TXHY00063-9837
01-20-15
t 0f 88 t 0f 90
90 0f t
100 Year Floodplain
While Land Advisors Organization® makes every effort to provide accurate and complete information, there is no warranty, expressed or implied, as to the accuracy, reliability or completeness of furnished data. This information can not be reproduced in part or whole without prior written permission. © Land Advisors Organization®
CARLOTTA MCLEAN | TIM RILEY
SOILS MAP
512.327.3010 | WWW.LANDADVISORS.COM
Be ar eek Cr
Map Unit Symbol BtD
Brackett-Rock outcrop-Comfort complex, 1 to 8% slopes
1.5%
BtG
Brackett-Rock outcrop-Real complex, 8 to 30% slopes
15.8% 51.2%
Dr
FM
2 18
6
BtD
CrD
Percent
CrD
Comfort-Rock outcrop complex, 1 to 8% slopes
DoC
Doss silty clay, moist, 1 to 5% slopes
2.4%
LeA
Lewisville silty clay, 0 to 1% slopes
15.6%
LeB
Lewisville silty clay, 1 to 3% slopes
PuC
CrD
Map Unit Name
Purves clay, 1 to 5% slopes Totals for Area of Interest
3.6% 10.0% 100%
Tr H avi ay s s Co Co u un nty ty
DoC
LeB
PuC LeA
CrD CrD
BtG
K 0
500
1,000
Feet TXHY00063-9837
01-20-15
While Land Advisors Organization® makes every effort to provide accurate and complete information, there is no warranty, expressed or implied, as to the accuracy, reliability or completeness of furnished data. This information can not be reproduced in part or whole without prior written permission. © Land Advisors Organization®
APPROVED BY THE TEXAS REAL ESTATE COMMISSION FOR VOLUNTARY USE
Texas law requires all real estate licensees to give the following information about brokerage services to prospective buyers, tenants, sellers and landlords. INFORMATION ABOUT BROKERAGE SERVICES: Before working with a real estate broker, you should know that the duties of a broker depend on whom the broker represents. If you are a prospective seller or landlord (owner) or a prospective buyer or tenant (buyer), you should know that the broker who lists the property for sale or lease is the owner’s agent. A broker who acts as a subagent represents the owner in cooperation with the listing broker. A broker who acts as a buyer’s agent represents the buyer. A broker may act as an intermediary between the parties if the parties consent in writing. A broker can assist you in locating a property, preparing a contract or lease, or obtaining financing without representing you. A broker is obligated by law to treat you honestly. IF THE BROKER REPRESENTS THE OWNER: The broker becomes the owner’s agent by entering into an agreement with the owner, usually through a written - listing agreement, or by agreeing to act as a subagent by accepting an offer of subagency from the listing broker. A subagent may work in a different real estate office. A listing broker or subagent can assist the buyer but does not represent the buyer and must place the interests of the owner first. The buyer should not tell the owner’s agent anything the buyer would not want the owner to know because an owner’s agent must disclose to the owner any material information known to the agent. IF THE BROKER REPRESENTS THE BUYER: The broker becomes the buyer’s agent by entering into an agreement to represent the buyer, usually through a written buyer representation agreement. A buyer’s agent can assist the owner but does not represent the owner and must place the interests of the buyer first. The owner should not tell a buyer’s agent anything the owner would not want the buyer to know because a buyer’s agent must disclose to the buyer any material information known to the agent. IF THE BROKER ACTS AS AN INTERMEDIARY: A broker may act as an intermediary between the parties if the broker complies with The Texas Real Estate License Act. The broker must obtain the written consent of each party to the transaction to act as an intermediary. The written consent must state who will pay the broker and, in conspicuous bold or underlined print, set forth the broker’s obligations as an intermediary. The broker is required to treat each party honestly and fairly and to comply with The Texas Real Estate License Act. A broker who acts as an intermediary in a transaction: 1. Shall treat all parties honestly; 2. May not disclose that the owner will accept a price less than the asking price unless authorized in writing to do so by the owner; 3. May not disclose that the buyer will pay a price greater than the price submitted in a written offer unless authorized in writing to do so by the buyer; and 4. May not disclose any confidential information or any information that a party specifically instructs the broker in writing not to disclose unless authorized in writing to disclose the information or required to do so by The Texas Real Estate License Act or a court order or if the information materially relates to the condition of the property. With the parties’ consent, a broker acting as an intermediary between the parties may appoint a person who is licensed under The Texas Real Estate License Act and associated with the broker to communicate with and carry out instructions of one party and another person who is licensed under that Act and associated with the broker to communicate with and carry out instructions of the other party. If you choose to have a broker represent you, you should enter into a written agreement with the broker that clearly establishes the broker’s obligations and your obligations. The agreement should state how and by whom the broker will be paid. You have the right to choose the type of representation, if any, you wish to receive. Your payment of a fee to a broker does not necessarily establish that the broker represents you. If you have any questions regarding the duties and responsibilities of the broker, you should resolve those questions before proceeding. Real estate licensee asks that you acknowledge receipt of this information about brokerage services for the licensee’s records. _____________________________________________________________________________________________________________ Buyer, Seller, Landlord or Tenant Date Texas Real Estate Brokers and Salespersons are licensed and regulated by the Texas Real Estate Commission (TREC). If you have a question or complaint regarding a real estate licensee, you should contact TREC at P.O. Box 12188, Austin, Texas 78711-2188 or 512-465-3960. EQUAL HOUSING OPPORTUNITY. 01A TREC No. OP-K
