Privilege Creek Sales Prospectus. Final Medium Resolution.pdf
REAL ESTATE INVESTMENT ADVISORS
PRIVILEGE CREEK ESTATES 2,346 +/- Acres Located in Boerne & Comfort, Texas | Kendall & Kerr County
SALES PROSPECTUS OFFERED AT:
$ 35,065,800 U.S.D
9 0 9 J ä g e r S t r a s s e F r e d e r i c k s b u r g , T X • Te l e p h o n e : + 1 ( 8 3 0 ) 2 8 5 - 2 3 7 4 • w w w. h e i r l o o m l a n d . c o m
Summary Acreage: 2,346+/Location: The ranch is located in Boerne, Texas, nine miles West of I-10. The entrance to the ranch development is located on Turkey Knob Road, at the end of Ranger Creek Road which provides quick access to I-10 West corridor. There is a secondary entrance from Lane Valley Road, South of Highway 27, which is approximately eight miles South of Comfort. You can be in Boerne or Comfort in fifteen minutes from the main gate, and it is only thirty-five minutes to the main international airport in San Antonio. Kendall County maintains the paved access roads to the main gate, and Kerr county maintains Lane Valley Rd.
Directions: FROM SAN ANTONIO: Take I-10 West, Exit 538 and turn left onto Ranger Creek Road. Proceed 9.8 miles to the stop sign at Turkey Knob Road, where you will turn left and proceed 1.7 miles to the Privilege Creek gated entrance. FROM KERRVILLE: Take Hwy. 27 East towards Comfort, take a right on Lane Valley Road, and continue for 7.9 miles to the back entrance gate.
Privilege Creek Ranch & Estates
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Topography: Privilege Creek Estates is located at the start of the historic Bandera Pass. Elevations range from 1,700 feet in the bottoms of the canyons to 2,000 feet+ along the ridge lines and open plateaus, creating dramatic box canyons and gorgeous hill country views.
Privilege Creek Ranch & Estates
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Description: As you enter the secure gated entry of Privilege Creek Estates, you will first notice all utilities are underground to ensure the ranch is kept as natural as possible. Paved roads wind through the twenty-two finished estate homesites ranging from five to twenty-five acres, four of these lots have already been sold with the remaining 2,237 acres available for future development phases or private use. Heavy trunked, old growth oaks provide shade for wildlife while the open areas are ideal for wildflowers, flowering cactus and purple blooming mountain laurels. At the center of the property is a private 64-acre preserve with a spring forming lakes and waterfalls that will be kept as a common green space. The gently rambling, live water of Privilege Creek affords all homeowners access to fishing and swimming. Privilege Creek Estates has been carefully platted to respect the natural, gently rolling terrain and enhance lot privacy. Privilege Creek Estates is surrounded by “big neighbors” who own large private ranches; ensuring that the majestic Hill Country views enjoyed by every lot are kept unobstructed. It is a rare opportunity to be so close to a city as large as San Antonio and the conveniences, restaurants, and shops of Kerrville, Comfort, Fredericksburg, and Boerne while still enjoying an amazing view with no rooftops, no power lines, and no cell towers. Heirloom & Co. and Land Analytics have partnered to design a full development plan with financial metrics for 64 additional lots that is available for review.
Privilege Creek Ranch & Estates
H e i r l o o m & C o .!
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Aerial Views
Privilege Creek Ranch & Estates
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Photo Gallery
Privilege Creek Ranch & Estates
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Development Plan: The original development plan was completed by Matkin Hoover and is included with sale of property. An alternative development plan was completed by Heirloom & Co. and Land Analytics which reduces development costs, increases profitability, and insures a high level of privacy for each tract. This development plan is available for review and purchase.
Privilege Creek Ranch & Estates
H e i r l o o m & C o .!
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Additional Details
Wildlife: Native fauna include whitetail, turkey, quail, and dove. Habitat is ideal for hunting or wildlife co-op development. Exotic animals such as Axis, Sika, Fallow, Blackbuck Antelope, Red Stag, and Audad would also be well suited to the ranch’s terrain. Water: Deep draws with springs create deep pools of clear water, creeks, and springs throughout the property. There are two live water spring fed lakes with waterfalls, and Privilege Creek runs through the Eastern valley. There are numerous wet weather creeks, waterfalls , and grottos in the multiple canyons throughout the ranch. Vegetation: The plateaus are covered in native grasses such as Buffalo, Blue Grama and Cane Bluestem. Wildflowers include Indian paintbrush, bluebonnets, and American Basket flowers. The tops have a multitude of old growth live oaks, spanish oaks, mountain laurel, and juniper. Deep canyons host rare hardwoods including madrone, cedar elms, blackjack oaks, and black walnut. Livestock: Current owner has a small herd of black angus cattle grazing on the unimproved portion of ranch for agricultural exemption purposes. Cattle will be removed from ranch upon closing. Fencing: The majority of the perimeter is game fenced with eight foot tall “tight-lock” game fencing. A corridor has been left open to allow for wildlife to pass through to neighboring ranches and reduce protein feed costs. Property Taxes: Entire ranch is AG exempt. Total 2013 Tax Liabilities: $1500.00 Website: Development website domain www.privilegecreekestates.com will convey to new owners. Ownership: 2,197.72 Acres: Teal Trading & Development, LP. & 149.80 Acres: Phillip Graham Sale Terms: Cash. *Partial owner financing may be offered for investors with strong financial and development background. Items that do not convey: Sales center at front entrance is leased. Lease may be continued on the sales center or moved off property. Litigation: There is current litigation in the court of appeals regarding a Kendall County one foot non-access easement. Seller is confident this will be cleared. Prior judgements have been in favor of seller. Broker Commission: 2% allocated for buyer representation. * Registration of licensed buyers broker must be made on first contact of listing broker.
Privilege Creek Ranch & Estates
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Real Estate Investment Advisors Heirloom Brokers, LLC. www.heirloomland.com
Thomas Thör Peterson, Broker:TREC# 528162 (830) 285-2374 - [email protected]
Harry “ Skip” Preble, Broker: MAI, CCIM, CRE,TREC# 231218 (832) 771-1181 - [email protected]
Ron Daniels, Sales Associate: TREC# 405722 (210) 771-8855 - [email protected]
Privilege Creek Ranch & Estates
H e i r l o o m & C o .!
9
PRIVILEGE CREEK ESTATES 2,346 +/- Acres Located in Boerne & Comfort, Texas | Kendall & Kerr County
SALES PROSPECTUS OFFERED AT:
$ 35,065,800 U.S.D
9 0 9 J ä g e r S t r a s s e F r e d e r i c k s b u r g , T X • Te l e p h o n e : + 1 ( 8 3 0 ) 2 8 5 - 2 3 7 4 • w w w. h e i r l o o m l a n d . c o m
Summary Acreage: 2,346+/Location: The ranch is located in Boerne, Texas, nine miles West of I-10. The entrance to the ranch development is located on Turkey Knob Road, at the end of Ranger Creek Road which provides quick access to I-10 West corridor. There is a secondary entrance from Lane Valley Road, South of Highway 27, which is approximately eight miles South of Comfort. You can be in Boerne or Comfort in fifteen minutes from the main gate, and it is only thirty-five minutes to the main international airport in San Antonio. Kendall County maintains the paved access roads to the main gate, and Kerr county maintains Lane Valley Rd.
Directions: FROM SAN ANTONIO: Take I-10 West, Exit 538 and turn left onto Ranger Creek Road. Proceed 9.8 miles to the stop sign at Turkey Knob Road, where you will turn left and proceed 1.7 miles to the Privilege Creek gated entrance. FROM KERRVILLE: Take Hwy. 27 East towards Comfort, take a right on Lane Valley Road, and continue for 7.9 miles to the back entrance gate.
Privilege Creek Ranch & Estates
H e i r l o o m & C o .!
2
Topography: Privilege Creek Estates is located at the start of the historic Bandera Pass. Elevations range from 1,700 feet in the bottoms of the canyons to 2,000 feet+ along the ridge lines and open plateaus, creating dramatic box canyons and gorgeous hill country views.
Privilege Creek Ranch & Estates
H e i r l o o m & C o .!
3
Description: As you enter the secure gated entry of Privilege Creek Estates, you will first notice all utilities are underground to ensure the ranch is kept as natural as possible. Paved roads wind through the twenty-two finished estate homesites ranging from five to twenty-five acres, four of these lots have already been sold with the remaining 2,237 acres available for future development phases or private use. Heavy trunked, old growth oaks provide shade for wildlife while the open areas are ideal for wildflowers, flowering cactus and purple blooming mountain laurels. At the center of the property is a private 64-acre preserve with a spring forming lakes and waterfalls that will be kept as a common green space. The gently rambling, live water of Privilege Creek affords all homeowners access to fishing and swimming. Privilege Creek Estates has been carefully platted to respect the natural, gently rolling terrain and enhance lot privacy. Privilege Creek Estates is surrounded by “big neighbors” who own large private ranches; ensuring that the majestic Hill Country views enjoyed by every lot are kept unobstructed. It is a rare opportunity to be so close to a city as large as San Antonio and the conveniences, restaurants, and shops of Kerrville, Comfort, Fredericksburg, and Boerne while still enjoying an amazing view with no rooftops, no power lines, and no cell towers. Heirloom & Co. and Land Analytics have partnered to design a full development plan with financial metrics for 64 additional lots that is available for review.
Privilege Creek Ranch & Estates
H e i r l o o m & C o .!
4
Aerial Views
Privilege Creek Ranch & Estates
H e i r l o o m & C o .!
5
Photo Gallery
Privilege Creek Ranch & Estates
H e i r l o o m & C o .!
6
Development Plan: The original development plan was completed by Matkin Hoover and is included with sale of property. An alternative development plan was completed by Heirloom & Co. and Land Analytics which reduces development costs, increases profitability, and insures a high level of privacy for each tract. This development plan is available for review and purchase.
Privilege Creek Ranch & Estates
H e i r l o o m & C o .!
7
Additional Details
Wildlife: Native fauna include whitetail, turkey, quail, and dove. Habitat is ideal for hunting or wildlife co-op development. Exotic animals such as Axis, Sika, Fallow, Blackbuck Antelope, Red Stag, and Audad would also be well suited to the ranch’s terrain. Water: Deep draws with springs create deep pools of clear water, creeks, and springs throughout the property. There are two live water spring fed lakes with waterfalls, and Privilege Creek runs through the Eastern valley. There are numerous wet weather creeks, waterfalls , and grottos in the multiple canyons throughout the ranch. Vegetation: The plateaus are covered in native grasses such as Buffalo, Blue Grama and Cane Bluestem. Wildflowers include Indian paintbrush, bluebonnets, and American Basket flowers. The tops have a multitude of old growth live oaks, spanish oaks, mountain laurel, and juniper. Deep canyons host rare hardwoods including madrone, cedar elms, blackjack oaks, and black walnut. Livestock: Current owner has a small herd of black angus cattle grazing on the unimproved portion of ranch for agricultural exemption purposes. Cattle will be removed from ranch upon closing. Fencing: The majority of the perimeter is game fenced with eight foot tall “tight-lock” game fencing. A corridor has been left open to allow for wildlife to pass through to neighboring ranches and reduce protein feed costs. Property Taxes: Entire ranch is AG exempt. Total 2013 Tax Liabilities: $1500.00 Website: Development website domain www.privilegecreekestates.com will convey to new owners. Ownership: 2,197.72 Acres: Teal Trading & Development, LP. & 149.80 Acres: Phillip Graham Sale Terms: Cash. *Partial owner financing may be offered for investors with strong financial and development background. Items that do not convey: Sales center at front entrance is leased. Lease may be continued on the sales center or moved off property. Litigation: There is current litigation in the court of appeals regarding a Kendall County one foot non-access easement. Seller is confident this will be cleared. Prior judgements have been in favor of seller. Broker Commission: 2% allocated for buyer representation. * Registration of licensed buyers broker must be made on first contact of listing broker.
Privilege Creek Ranch & Estates
H e i r l o o m & C o .!
8
Real Estate Investment Advisors Heirloom Brokers, LLC. www.heirloomland.com
Thomas Thör Peterson, Broker:TREC# 528162 (830) 285-2374 - [email protected]
Harry “ Skip” Preble, Broker: MAI, CCIM, CRE,TREC# 231218 (832) 771-1181 - [email protected]
Ron Daniels, Sales Associate: TREC# 405722 (210) 771-8855 - [email protected]
Privilege Creek Ranch & Estates
H e i r l o o m & C o .!
9
