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Tomball High School(Completion in May 2011)
Lots in Sec 1
Lots in Sec 3 and 4
Northpointe Blvd.
Canyon Pointe Elementary School (2008 Construction)
249
249
Hewlett Packard Campus
Excess Land
Vintage Park
N
Louetta Rd.
Spring Cypress Rd.
7 0 L O T S , 2 1 4 A C R E S O F E X C E S S L A N D A N D M U D R E I M B U R S A B L E S
V I L L A G E S O F N O R T H P O I N T E W E S T
BANK OWNED ASSET
Proximity to EmPloymEnt CEntErs
Hewlett-Packard
• the HP campus is located less than 5 miles from the Property at the intersection of sH 249 and louetta rd. the HP campus consists of over three million square feet of office space on a 143 acre campus, and is home to more than 10,000 employees.
• in addition, there are two newly constructed 25,000 square-foot cells to house production applications which are one of six internal data facilities running HP’s worldwide business operations.
tomball regional Hospital
• tomball regional Hospital is a 357- bed facility that employs more than 350 physicians representing all specialties. the hospital provides care for northwest Houston, tomball, Waller, Cypress and magnolia.
• services include: Cancer center, heart center, interventional radiology, home health, sleep disorders, lymphedema and others.
Greenspoint Business District
• 18 million square feet of retail, office, and industrial space• 4,400 business establishments, 20 major companies, 70,000 employees• Covers 12 square miles, hosts Bush intercontinental Airport• major employers (employees) include Exxon mobil(1,800), UPs (4,300), Baker Hughes (1,600), Halliburton (1,300), and Continental Airlines (700)
other major Employers
• other major Employers (employees) in close proximity to the Property include, tomball isD (1412), tomball College (700), and BJ services (600+), to name a few.
ABUnDAnt rEtAil
Vintage Park
• Vintage Park, a lifestyle shopping center, is less than 5 miles from the Property, and consists of 348,000 square feet of retail and office space in sixteen buildings.
• tenants include the following: 112,000 square foot HEB Vintage market, shogun Japanese Grill and sushi, starbucks, mia Bella, Kelsey seybold clinic, and Amegy Bank, to name a few.
spring Cypress retail
• located just over three miles south of the Property at the intersection of sH 249 and spring Cypress are the following retailers: super Wal-mart, target, Kohls, Petco, ross and old navy, to name a few.
• in addition to the great shopping, the dining includes: Panera Bread, lupe tortilla, los Cucos and many other restaurants.
shopping malls • other popular shopping destinations in the northwest include Willowbrook mall
located south of the Property, Woodlands town Center located northeast of the Property, and the newly constructed Houston Premium outlets located southwest of the Property.
GrEAt ACCEssiBility
• With its close proximity to major thoroughfares in northwest Houston (sH 249, Fm 1960, Fm 2920, Us 290, and i-45), the Property has great accessibility to employment, health care, and retail centers. in addition the Property is near major non-highway thoroughfares including spring Cypress, louetta rd. and Cypresswood Dr.
V I L L A G E S O F N O R T H P O I N T E W E S T7 0 L O T S , 2 1 4 A C R E S O F E X C E S S L A N D A N D M U D R E I M B U R S A B L E SP u r c h a s e P r i c e : T B D b y M a r k e t
ExECUtiVE sUmmAry
the Property is in the Villages of northpointe West subdivision, which is located just west of state Highway 249 and northpointe Blvd, tomball, Harris Country, texas 77375. the offering includes:
• 70 completed residential lots in sections 1, 3 and 4• 43 45’ lots in section 1• 20 50’ lots in section 4• 7 60’ lots in section 3
• 214 acres of excess land• Potentially up to $5.56 million in mUD reimbursables
Villages of northpointe West (“Property”) is a suburban residential community improved with concrete paved streets with concrete curb, gutters and storm drainage. most of the interiror streets have lighted side walks. Utilities include water, sewer, electricity and natural gas, which are typically underground service and provided through mUD 282. Entries to each section are landscaped and there is fencing along the roadways. in addition, the amenity center includes a swimming pool, recreation center, clubhouse, playground, tennis courts and lake.
FlooD PlAin
Portions of the site are located in Zone x and shaded Zone x, areas outside the 100 year flood plain, as well as in Zone AE, areas within the 100 year flood plain, 500-year flood plain and the floodway. these areas are within the southern portion of the tract along Faulky Gulley.
ProPErty HiGHliGHts At A GlAnCE
Villages of northpointe West is an attractive investment opportunity due to the following:• Great proximity from employment, health care and retail centers including:
newly developed Vintage Park lifestyle shopping center, retail at spring Cypress and sH 249, tomball regional Hospital, and the 143 acre Hewlett-Packard office campus.
• surrounded by newly developed residential, with a quiet natural setting among tall pine trees which cover a portion of the site.
• the Property has a homeowners association (“HoA”) in place which maintains the landscape and amenities of the Property. in addition, the HoA has architectural restrictions and guidelines set in place to keep the community a first class development.
• tomball isD is currently under construction on a new state of the art high school, tomball memorial High school, which is adjacent to the property and will have an enrollment between 2,500-3,000 students.
GroWtH
• local economist Barton smith labeled suburban Houston as a hot spot for growth over the next ten years.
• tomball is conveniently situated right in the middle of what is known as Houston’s “Growth Corridor”, with northpointe projecting a 29.81 percent population growth rate over the next five years.
• Adjacent to the site, tomball memorial High school will be completed in may 2011 and scheduled to open for the 2011-2012 school year. the construction of this new high school, and its proximity to the Property, will garner growth in residential demand for both the area and the Property.
Annual tax rates for the Property
tomBAll isD
• tomball isD encompasses 83 square miles in northwest Harris County and southwest montgomery County. the district currently educates over 10,000 students and employs over 1,400 people in 12 campuses (soon to be 13 campuses with the opening of tomball memorial High school).
• tomball memorial High school will open for the 2011-2012 school year. the new high school has a total project budget of $73 million. tomball memorial High school will have all its own facilities except a varsity football stadium and barn. the school will serve between 2,500-3,000 students in a two story 350,000 square foot building.
SOURCE: 2009 CLARITAS, INC. 1 MILE RADIUS 2 MILE RADIUS 3 MILE RADIUS
POPULATION GROWTH 2009-2014 29.81% 24.88% 22.69%
2009 EST. AVERAGE HOUSEHOLD INCOME $99,624 $110,260 $110,849
2009 EST. MEDIAN ALL-OWNER HOUSING VALUE $147,993 $181,587 $186,623
AREA DEMOGRAPHICS
Taxing Authority 2009 Tax RateTomball I.S.D. $1.36000Harris County (and related entities) $0.63603Lone Star College System $0.11010Harris Co. MUD No. 282 $1.10000Harris Co. E.S.D. 16 $0.05000Harris Co. E.S.D. 11 $0.03000Northpointe WCID $0.40000Total $3.68613
Tax Rates & Authorities for Lots & Excess Land
Tomball Memorial High School Aerial Site Plan
tomball memorial High school
tomball memorial High schooltomball memorial High school
tomball memorial High school
New DevelopmeNts
Clubhouse new Home in sections 3 and 4
new Home in sections 3 and 4
Canyon Pointe Elementary school
northpointe intermediate school
AeriAl mAps
Lots in Sec 1
Lots in Sec 3,4
Excess Land
249
249
Northpointe Blvd.
N. Eldridge Pkw
y.
11
22
3344
55
66
77
WILLOW WOOD JUNIOR HIGH SCHOOLKLEIN VOLUNTEER FIRE DEPARTMENTNORTHPOINTE INTERMEDIATE SCHOOLTOMBALL HIGH SCHOOL (IN DEVELOPMENT)WALGREENS PHARMACYWALMART SUPERCENTERHOLY CROSS ACADEMYCANYON POINTE ELEMENTARY SCHOOLWILLOW CREEK ELEMENTARY
55
66
77
44
33
22
11
N88
88
99
99
Clubhouse
Lots in Sec 1
Lots in Sec 3 and 4
Tomball High SchoolN
Northpointe Blvd.
Canyon Pointe Elementary School
249
Excess Land
Lots in Sec 1
Lots in Sec 3 and 4Clubhouse
Tomball High School
N
Canyon PointeElementary School
Excess Land
Northpointe Blvd.
Lots Sec 1
Tomball High School
Clubhouse
Lots in Sec 3 and 4
Lots in Sec 1
N
Canyon Pointe Elementary School
249
Northpointe Blvd.
Northpointe Intermediate School
Tomball Regional Hospital
Excess Land
249
FM 2920
AeriAl mAps
site mAp
Lots Sec 1
Lots in Sec 3 and 4
Lots in Sec 1
N249
249
Excess Land
CBD
MuseumDistrict
59
Midtown
Texas MedicalCenter
ReliantArena
GreenwayPlaza
RiceUniversity
Bellaire
GalleriaWest
University
UptownPark
River Oaks45
59
610
610
McKee Land Site
10
iNformAtioN About brokerAge services
EQUAL HOUSINGOPPO RTU N ITY
Approved by the Texas Real Estate Commission for Voluntary Use
efore working with a real estate broker, you shouldBknow that the duties of a broker depend on whomthe broker represents. If you are a prospectiveseller or landlord (owner) or a prospective buyer or
tenant (buyer), you should know that the broker who liststhe property for sale or lease is the owner’s agent. Abroker who acts as a subagent represents the owner incooperation with the listing broker. A broker who acts asa buyer’s agent represents the buyer. A broker may act asan intermediary between the parties if the partiesconsent in writing. A broker can assist you in locating aproperty, preparing a contract or lease, or obtainingfinancing without representing you. A broker is obligatedby law to treat you honestly.
IF THE BROKER REPRESENTS THE OWNER:The broker becomes the owner’s agent by entering into anagreement with the owner, usually through a written -listing agreement, or by agreeing to act as a subagent byaccepting an offer of subagency from the listing broker. Asubagent may work in a different real estate office. Alisting broker or subagent can assist the buyer but doesnot represent the buyer and must place the interests ofthe owner first. The buyer should not tell the owner’sagent anything the buyer would not want the owner toknow because an owner’s agent must disclose to theowner any material information known to the agent.
IF THE BROKER REPRESENTS THE BUYER:The broker becomes the buyer’s agent by entering into anagreement to represent the buyer, usually through awritten buyer representation agreement. A buyer’s agentcan assist the owner but does not represent the ownerand must place the interests of the buyer first. The ownershould not tell a buyer’s agent anything the owner wouldnot want the buyer to know because a buyer’s agent mustdisclose to the buyer any material information known to theagent.
IF THE BROKER ACTS AS AN INTERMEDIARY:A broker may act as an intermediary between the partiesif the broker complies with The Texas Real Estate License
Act. The broker must obtain the written consent of eachparty to the transaction to act as an intermediary. Thewritten consent must state who will pay the broker and, inconspicuous bold or underlined print, set forth the broker’sobligations as an intermediary. The broker is required totreat each party honestly and fairly and to comply withThe Texas Real Estate License Act. A broker who actsas an intermediary in a transaction:
(1) shall treat all parties honestly; (2) may not disclose that the owner will accept aprice less than the asking price unless authorized inwriting to do so by the owner; (3) may not disclose that the buyer will pay a pricegreater than the price submitted in a written offerunless authorized in writing to do so by the buyer; and(4) may not disclose any confidential information orany information that a party specifically instructs thebroker in writing not to disclose unless authorized inwriting to disclose the information or required to do soby The Texas Real Estate License Act or a courtorder or if the information materially relates to thecondition of the property.
With the parties’ consent, a broker acting as anintermediary between the parties may appoint a person whois licensed under The Texas Real Estate License Actand associated with the broker to communicate with andcarry out instructions of one party and another person whois licensed under that Act and associated with the brokerto communicate with and carry out instructions of theother party.
If you choose to have a broker represent you, you should enter into a written agreement with the brokerthat clearly establishes the broker’s obligations and yourobligations. The agreement should state how and bywhom the broker will be paid. You have the right tochoose the type of representation, if any, you wish toreceive. Your payment of a fee to a broker does notnecessarily establish that the broker represents you. If youhave any questions regarding the duties andresponsibilities of the broker, you should resolve thosequestions before proceeding.
Texas Real Estate Brokers and Salespersons are licensed and regulated by the Texas Real Estate Commission (TREC). If you have a questionor complaint regarding a real estate licensee, you should contact TREC at P.O. Box 12188, Austin, Texas 78711-2188 or 512-465-3960.
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
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
01A TREC No. OP-K
www.ARAusa.com
Atlanta • Austin • Boca Raton • Boston • Charlotte • Chicago • Dallas • DaytonDenver • Houston • Kansas City • Orlando • Phoenix • Salt Lake City • Seattle • Tampa
R E A L E S TAT E I N V E S T M E N T S E R V I C E S
This information has been derived from sources deemed reliable. However, it is subject to errors, omissions, price change and/or withdrawal, and no warranty is made as to the accuracy. Further, no warranties or representation shall be made by Apartment Realty Advisors (ARA) and/or its agents, representatives or affiliates regarding oral statements which have been made in the discussion of the above property. This presentation, prepared by ARA, was sent to the recipient under the assumption that s/ he is a buying principal. Any potential purchaser is advised that s/ he should either have the abstract covering the real estate which is the subject of the contract examined by an attorney of his/her selection, or be furnished a policy of title insurance.
EXCLUSIVELY PRESENTED BY
ARA LAND
CENTRAL REGION
FOR MORE INFORMATIONON THIS PROPERTY
PLEASE CONTACT
ARA LAND675 Bering Drive, Suite 500
Houston, TX 77057 Tel: (713) 599-1800
Fax: (713) 599-1801
David Marshall [email protected]
Tim Dosch [email protected]
Matthew Rotan [email protected]
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Fm 149 Rd
Fm 149 Rd
Fm 1486 Rd
Fm 830 Rd
Rollin
gHi
lls D
r
N Frazier St
League Line Rd
Texas Nursery RdWilson RdW Davis St
Fm 1485 Rd
Jackson Rd
E Davis St
Porter Rd
Fm 2854 Rd
Mill Ave
Old
Mag
nolia Rd
GladstellSt
Fm 1314 Rd
Stidham Rd
F-M Rd 1488
Fm 1488 Rd
Needham Rd
Fm 1774 Rd
Fm 1774 Rd
S Tram Rd
Fm 2
978
Rd
Magnolia Blvd
Commerce St
Nichols Sawm
ill Rd
F-M Rd 1485
Gal
axy
Blvd
Gol
den
Suns
et C
ir
Woodson Rd
Hardin Store Rd
Peach Creek DrForest Dr E
Robinson Rd
Grogans
Mill Rd
Stagecoach Rd
St Lo
op 4
94
Butera Rd
SawdustRdBraneberry Rd
Walnut C
reek R
d
Decker Prairie
Rosehill Rd
Rayford Rd
Sorters Rd
LonesomePine St
Riley
Fuzze
ll Rd
Ford Rd
Northpark Dr
Mcclellan Rd
Fm 2978 Rd
Huffman C
leveland Rd
Kuykendahl Rd
E Main
W Main St
Fm 2920 Rd
Fm 2920 Rd
Cypress Rosehill Rd
W Hardy Rd
Aldine Westfield Rd
RobertsC
emetery Rd
Main
St Main St
Sprin
g Cyp
ress Rd
Spring Cypress Rd
F-M Rd 2100
Stuebner Airline Rd
Cypresswood Dr
Cypresswood Dr
Woo
dlan
dHi
lls Dr
Louetta Rd
Kingwood Dr
Holzwarth RdElla Blvd
Mueller Ln
Treaschwig Rd
E Hardy RdChampion Forest Dr
Lee Rd
Lee Rd
Grant Rd
1st St ERichey Rd
Atascocita RdMalcomson Rd
S Ho
usto
n Av
e
Bamm
el NorthHouston Rd
Veterans Memorial Dr
Will Clayton Pkwy
Telge Rd
Airtex Dr
John F
Kennedy Blvd
Rankin RdRankin Rd
Spears Rd
Jones Rd
Highlands Rd
Anto
ine D
r
Antoine Dr
Old Humble Rd
Greens Rd
Cypress NorthHouston Rd
Barker Cypress Rd
Foley Rd
Gears Rd
Huffmeister Rd
Tomball PkwyN Diamondhead Blvd
Gol
f Clu
b Dr
Aldine Bender Rd
Henry Rd
Airline Dr
Fallbrook Dr
Fairbanks N Houston Rd
Fairbanks NHouston Rd
Homestead Rd
Deussen Pkwy
N HoustonRosslyn Rd
West Rd
West RdWest Rd
S Diamondhead Blvd
Hollyvale DrLauder Rd
S Main St
W Montgomery Rd
Aldine Mail Rd
N Eldridge Pkwy
Lake Houston Pkwy
W Mount Houston RdMount Houston Rd
Hirsch Rd
Easte
x Fwy
N Eld
ridge
Rd
Mesa Dr
Garrett Rd
C E
Kin
g Pk
wy
Fm 1942 RdF-M Rd 529
Sheldon Rd
Crosby Lynchburg Rd
N Shepherd Dr
Fry Rd
Little York RdW Little York RdW Little York Rd
Hempstead Rd
Brittmoore Rd
Wheatley St
Gessner Dr
Parker Rd
Fulto
n St
Yale
St
W Tidwell Rd
Tidwell Rd
Addicks
Fairb
anks
Rd
Bingle
Rd
N Wayside Dr
Lockwood Dr
Lockwood Dr
E Tidwell Rd
Irvington Blvd
Uvalde Rd
Clay RdClay Rd
Clay Rd
T C Je
ster B
lvd
W 43rd St Rosslyn RdAddicks Dam Rd
W Crosstimbers St
N Mason Rd
Man
gum
Rd
W 34th St
Morton Rd
Groeschke Rd Wallisville
RdAvenue D
Kelley St
Hammerly Blvd Dacoma St
Thompson Rd
Silber Rd
W 20th St
Long Point Rd
Studewood St
Franz Rd
Maxey Rd
Patton StWoodforest BlvdCollingsworth St
S Lyn
chbu
rg R
dW 11th St Decker Dr
Norm
andy
StLathrop StKr
ess S
t
Wilcrest Dr
Wilcrest Dr
Arcadia St
Gessner Rd
Bayway Dr
Washington Ave
Voss Rd
Memorial D
r
Memorial DrMemorial Dr
Bandera St
Chim
ney Rock RdChimney
Rock Rd
Kingsland Blvd
Federal Rd
S Peek Rd
Market Street RdIndian Trl
Post Oak
Blvd
Holland St
Clinton Dr
Clinton Dr
Prairie Ave
Montrose Blvd
Bunker Hill Rd
S Dairy Ashford St
Battl
egro
und
RdYork
St
Kirby Dr
Navigation BlvdHighland Knolls Dr Briar Forest Dr
Mcd
uffie
St Jacintoport Blvd
S Post Oak Rd
San Felipe St
S Gessner Rd
Piney Point Rd
San Felipe RdPolk St
Westheimer RdRichmond Ave
Elgin St
Scot
t St
Greenbriar St
Greenbriar St
Weslayan St
Cullen Blvd
Culle
n Blvd
Alabama St
Buffalo Speedway
Westheimer Pkwy
Beeler RdHillcroft St
Telephone Rd
Alm
eda
Rd
Synott Rd
Eldridge Rd
Calho
un Rd
Bissonnet St
Broadway St
Addicks Clodine Rd
Hillcroft Ave
Red Bluff Rd
Red Bluff Rd
N Richey St
Myrtle St
Martin LutherKing Blvd
S Kirkwood Rd
Bear
le S
t
Shaver St Center St
Stella Link Rd
Allen-Genoa Rd
Bellaire Blvd Griggs Rd
S BraeswoodBlvd
Yellowstone BlvdEvergreen St
Reveille St
Long Dr
Mykaw
a Rd
Beechnut St
Beechnut Blvd
Mainer St
Underwood Rd
Garner RdAllendale Rd
Holmes Rd
W Pasadena Blvd
Howell Rd
S Riche
y St
Bellfort Ave
Bellfort A
ve
Bellfort St
W Bellfort St
Sycamore AveWinkler Dr
Houston Blvd
Monroe Rd
Spencer Hwy
S Broadway StCollege Ave
Reed Rd
Airport Blvd
Airport Blvd
Airport Blvd
W Fairmont Pkwy
Galveston Rd
E Edgebrook Dr
Bay Area Blvd
Hiram C
larke Rd
South Acres DrS S
haver St
W Orem Dr Almeda Genoa Rd
Fuqua StW Fuqua St Almeda-Genoa Rd
Almeda School Rd
Sabo Rd
Beamer Rd
Anagnost Rd
Anderson RdPort Rd
Bayport Blvd
Scarsd
ale Blvd
Hall Rd
Space Center Blvd
Cho
ate
Rd
Brook Forest Dr
Dorado BlvdPineloch Dr
Kirb
y Bl
vd
Mey
er R
d
Nasa Rd
W Bay
Area Bl
vd
Egret Bay BlvdW Nasa Blvd
F-M Rd 1488
Robi
nHo
od D
r
Lakeside Dr
Nichols Sawmill Rd
Marina Bay Dr
E Edgewood D
r
N Friendswood Dr Fm 1266 Rd
Fm 518 Rd E
F-M Rd 1266
E Main St
W Parkw
ood Ave
F-M Rd 518
Fm 646 Rd
San Leon Rd
Pine Dr
Avenue D
1st St
S Fry
Rd
Westheimer Rd
Alief Clodine Rd
Clodine-Reddick Rd
F-M Rd 1093
Fm 1464 Rd
Spring-Green Rd
F-M Rd 359
Beechnut St
Fm 723 Rd
Fm 723 Rd
Canal Rd
Obr
ien
Rd
Old Richm
ond Rd
BossGaston Rd
Farmer RdEldridge Rd
Florence Rd
W Airport Blvd Murphy Rd Sta
fford Rd
Pike Rd
Stiles Ln
Dulles Ave
Beadle Dr Kempner St
Oyster
Creek Dr
Owens Rd
Texa
s Pkw
y
Fm 1092 Rd
Fairway Dr
Fondren Rd
Hillc
roft
Ave
First
Col
ony
Blvd
HomewardWay W Fuqua Dr
Pecan Point Cir
Sartartia RdClay St
Cartwright RdMchard Rd
Staf
ford
-Dew
alt R
d
S 11th St
Oilfield Rd
Flintwood Dr
Ransom Rd
Thompson Rd
Houston St
Levee Rd
Crab
b Riv
er R
dFm
762
Rd
Bam
ore
St
Fm 5
21 R
d
Louise St
SouthgateDr
Shen
ando
ah D
r
Fm 2
218
Rd
AirportAve
Mons Ave
W Dallas St
Trammel-Fresno Rd
Mckeever Rd
Pleak R
d
F-M Rd 787
Bridge Rd
Nevell St
N Fenner Ave
E Houston StSouthline St
N Main StMchard Rd
E Broadway St
S Main St
F-M Rd 518
Fm 1
128
Rd
Chocolate Bayou Rd
Dixie Fa
rm Rd
Pearland Sites RdSycamore St
Masters
Rd
Oilfield Rd
N Gordon St
G r eat w
ood
Pkwy
Willia m
s Tra
ce B
lvd
Walker S c
hoo
l Rd
Flintridge Dr
Woodlands Pkwy
Kuyk
enda
hl R
d
Cartwright Rd
Research Forest Dr
Panth
er Creek Dr
N Millbend Dr
Woodw a y Dr
Roman Forest Blvd
W Lake Houston Pkw
y
Westpark Tollway Westpark Dr
Grand Pkw
y (Proposed)
Grand Pkw
y (Proposed)
Hwy 90
(Proposed)
F-M Rd 1960
Fm 1960 Rd W
Sam Houston Pkwy
Beaumont Hwy
Mccar
ty St
Highway Blvd
Way
side
Dr
Old Spanish Trl
Main St
Addicks-Howell Rd
Avenu
e H Alvin-Sugarland Rd
E Sam Houston Pkwy N
Hardy Toll Rd
Sam Houston Pkwy
Hempstead Rd
NW Frwy
W Belt N
Grand Pkwy
East Fwy
La Porte Frwy Bayto
wn Tun
Grand Pkwy
MONTGOMERY CO.
LIBERTY CO.
HARRIS CO.
FORT BEND CO. GALVESTON CO.BRAZORIA CO
35
610
610
610
45
10 10
45
45
10
45
249
Northpointe Blvd.
SITE