fort worth, texas | tarrant county€¦ · 5 bar c ranch 116 subdivision builder starts 1 hawthorne...

SEC FM 156 & BONDS RANCH ROAD ± 55 ACRES LAND FOR SALEF o r t W o r t h , Te x a s | Ta r r a n t C o u n t y

Edward [email protected] x 102

David Davidson, [email protected]

214.526.3626 x 101

Any projections used are speculative in nature and do not represent the current or future performance of the site and therefore should not be relied upon. We make no guarantee or warranty regarding the information contained in this flyer. You and your advisors should perform a detailed, independent, investigation of the property to determine whether it meets your satisfaction and the Seller expressly disclaims any representation or warranty with respect to the accuracy of the Submission Items, and Buyer acknowledges that it is relying on its own investigations to determine the accuracy of the Submission Items. Davidson & Bogel Real Estate, LLC. 2018


Any projections used are speculative in nature and do not represent the current or future performance of the site and therefore should not be relied upon. We make no guarantee or warranty regarding the information contained in this flyer. You and your advisors should perform a detailed, independent, investigation of the property to determine whether it meets your satisfaction and the Seller expressly disclaims any representation or warranty with

respect to the accuracy of the Submission Items, and Buyer acknowledges that it is relying on its own investigations to determine the accuracy of the Submission Items. Davidson & Bogel Real Estate, LLC. 2018

SIZE:

“AG” AgriculturalZONING:

36” Water main availableSewer located west of property

UTILITIES:

PROPERTY OVERVIEW±55 Acres

TRAFFIC COUNTS: Bonds Ranch Road:Blue Mound Road:Hwy 287:

11,970 VPD10,095 VPD41,912 VPD

DEMOGRAPHICS:2019 Population 1 Mile:2019 Population 2 Mile:2019 Population 3 Mile:% Proj Growth 2019-2024 1 Mile:% Proj Growth 2019-2024 2 Mile:% Proj Growth 2019-2024 3 Mile:2019 Total Daytime Population 1 Mile:2019 Total Daytime Population 2 Mile:2019 Total Daytime Population 3 Mile:2019 Total Daytime Employees 1 Mile:2019 Total Daytime Employees 2 Mile:2019 Total Daytime Employees 3 Mile:2019 Median HH Income 1 Mile:2019 Median HH Income 2 Mile:2019 Median HH Income 3 Mile:2019 Average HH Income 1 Mile:2019 Average HH Income 2 Mile:2019 Average HH Income 3 Mile:2019 Median Home Value 1 Mile:2019 Median Home Value 2 Mile:2019 Median Home Value 3 Mile:

8,15922,60172,647

3.393.443.35

4,77024,99255,0621,003

14,16720,305

$91,277$90,567$94,577

$100,920$104,686$111,609$234,876$239,151$236,196




DFW: MOST ACTIVE SUBMARKETSRank Change v.

Last Year Submarket Annual Starts

YoY Change

MedianPrice

VDLMOS

1 (4) Kaufman County/Forney 1,826 44.0% $250K 11.4

2 (2)US 380 Corridor, Oak Point, Cross Roads,

Aubrey1,737 14.1% $305K 18.9

3 (1) West McKinney 1,647 2.6% $387K 14.2

4 (3) CFW-287 Corridor, Haslet 1,514 7.2% $266K 20.2

5 (5) Frisco-West 1,147 6.9% $503K 30.7

6 (7) Denton-West 1,126 22.9% $409K 21.8

7 (15) CFW-SW, Crowley 1,092 66.0% $255K 16.3

8 (14) Wylie, Lavon, St.Paul 1,021 54.0% $385K 11.4

9 (9) Celina 1,003 18.6% $404K 36.0

10 (10) CFW-Northwest,Saginaw 1,002 26.4% $248K 21.3

11 (8) Frisco-East 959 5.6% $478K 28.8

12 (6) Little Elm, Hackberry 952 -5.7% $380K 25.2

13 (11)Addison, Coppell, Las Colinas, Irving Area, FB, City of Dallas N

948 19.7% $462K 26.5

14 (16) Prosper 931 42.4% $464K 22.8




DFW: LOT DEVELOPMENT ACTIVITY

Points range in size relative to number of lots under development as of 2Q18(see legend below for reference to

number of lots)




Subdivision Starts1 Hawthorne Meadows 2192 Sendera Ranch 2063 West Fork Ranch 2054 Copper Creek 1255 Bar C Ranch 116

Subdivision Builder Starts1 Hawthorne Meadows DR Horton 2192 Sendera Ranch Lennar 2013 West Fork Ranch Centex 1604 Harmon Ranch at Presidio W First Texas 1115 Bar C Ranch Express 102 MOS MOS

Annual Starts 1,514 -- U/C Homes 727 5.8 Median Price $266,214Annual Closings 1,500 -- F/V Homes 47 0.4 Average Price $280,192

Subdivision Size Total Lots Vacant Developed Lots 2,554 20.2 Models 32 0.3 Est $ Volume (Starts) $424,210,688Watersbend South 50', 60' 181 Lots Under Development 1,144 -- Total New Home Inv 806 6.4Caraway 65', 80' 158 Ann Lots Delivered 2,547 --Watersbend North 50'x110' 137Copper Creek 50'x110' 128Las Ventanas 50'x115' 121Sendera Ranch 50'x115' 95Revelstoke 50'x120' 87NorthGlen 100'x200' 85Spring Ranch Estates 85'x130' 76

Subdivision Total LotsCopper Creek 288Berkshire 236Willow Ridge Estates 165Sendera Ranch 163Revelstoke 145Las Ventanas 93Spring Ranch Estates 54

City of Ft. Worth-287 Corridor & Haslet

Most Active Subdivisions/MPC

Wellington

Most Active Builder Programs

Willow Ridge

Market Area Annual Statistics (3Q17-2Q18)

*Data in charts represents combined statistics for City of Fort Worth-287 Corridor and Haslet

Lots Under Development

Lots Delivered 2Q18

© 2018 Residential Strategies, Inc. www.residentialstrategies.com 972.381.1400

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Annual Starts Annual Closings

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New Home Inventory

Models F/V U/C MOS (New Hm Inv) Equilibrium

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Vacant Developed Lot Supply

Vacant Lots Month's Supply Equilibrium

©2018 Residential Strategies, Inc. 55




Fort Worth home sales increase 6.4 percent in May

Fort Worth home sales increased 6.4 percent to 1,247 homes in May 2018. The median price for Fort Worth homes increased 8.1 percent year-over-year to $227,000 in May 2018.

“Like most of the country, home prices in Fort Worth are rising each month, and inventory is low,” said J.R. Martinez, 2018 President for the Greater Fort Worth Association of REALTORS. “A seller’s market can be very difficult for buyers to navigate. Realtors are here to make the process as easy as possible.”

Fort Worth’s monthly housing inventory was 2.1 months in May 2018, 0.1 months more than the year prior. The Real Estate Center at Texas A&M University cites that 6.5 months of inventory represents a market in which supply and demand for homes is balanced.

Homes spent an average of 31 days on the market in May 2018, four days more than May 2017. Additionally, active listings increased 14.1 percent to 2,269 listings during the same time frame.

May 2018 Statistics At-A-Glance

• 1,247 – Homes sold in May 2018, 6.4 percent more than May 2017.

• $227,000 – Median price in May 2018, 8.1 percent more than May 2017.

• 2.1 – Monthly housing inventory in May 2018, .1 month more than May 2017.

• 31 – Average number of days homes spent on the market in May 2018, 4 days more than May 2017.

• 33 – Average number of days to close in May 2018, 1 day more than May 2017.

• 2,269 – Active home listings on the market in May 2018, 14.1 percent more than May 2017.

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 bro-ker 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.

Real estate licensee asks that you acknowledge receipt of this information about brokerage services for the licensee’s records.

Buyer, Seller, Landlord or Tenant

01A TREC No. OP-K

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.

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 rep-resent 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.

(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 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 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; buyer: and(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

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.

Date

11-2-2015

Information About Brokerage ServicesTexas law requires all real estate license holders to give the following informaƟon about

brokerage services to prospecƟve buyers, tenants, sellers and landlords.

TYPES OF REAL ESTATE LICENSE HOLDERS: .• A BROKER is responsible for all brokerage acƟviƟes, 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 informaƟon about the property or transacƟon received by the broker;• Answer the client’s quesƟons and present any offer to or counter-offer from the client; and• Treat all parƟes to a real estate transacƟon 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 wriƩen lisƟng to sell or property management agreement. An owner's agent must perform the broker’s minimum duƟes above and must inform the owner of any material informaƟon about the property or transacƟon known by the agent, including informaƟon 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 wriƩen representaƟon agreement. A buyer's agent must perform the broker’s minimum duƟes above and must inform the buyer of any material informaƟon about the property or transacƟon known by the agent, including informaƟon disclosed to the agent by the seller or seller’s agent.

AS AGENT FOR BOTH - INTERMEDIARY: To act as an intermediary between the parƟes the broker must first obtain the wriƩen agreement of each party to the transacƟon. The wriƩen agreement must state who will pay the broker and, in conspicuous bold or underlined print, set forth the broker's obligaƟons as an intermediary. A broker who acts as an intermediary:

• Must treat all parƟes to the transacƟon imparƟally and fairly;• May, with the parƟes' wriƩen 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 instrucƟons of each party to the transacƟon.• Must not, unless specifically authorized in wriƟng to do so by the party, disclose:

ᴑ that the owner will accept a price less than the wriƩen asking price;ᴑ that the buyer/tenant will pay a price greater than the price submiƩed in a wriƩen offer; andᴑ any confidenƟal informaƟon or any other informaƟon that a party specifically instructs the broker in wriƟng 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 transacƟon 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 duƟes and responsibiliƟes to you, and your obligaƟons under the representaƟon 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 noƟce is being provided for informaƟon purposes. It does not create an obligaƟon for you to use the broker’s services. Please acknowledge receipt of this noƟce below and retain a copy for your records.

Licensed Broker /Broker Firm Name or Primary Assumed Business Name

License No. Email Phone

Designated Broker of Firm License No. Email Phone

Licensed Supervisor of Sales Agent/Associate

License No. Email Phone

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

Regulated by the Texas Real Estate Commission

Buyer/Tenant/Seller/Landlord Initials

InformaƟon available at www.trec.texas.gov IABS 1-0

Date

Davidson Bogel Real Estate, LLC 9004427 [email protected] 214-526-3626

Michael Edward Bogel II 598526 [email protected] 214-526-3626

David Davidson JR. 593731 [email protected] 214-526-3626

N/A N/A N/A N/A

fort worth, texas | tarrant county€¦ · 5 bar c ranch 116 subdivision builder starts 1 hawthorne...

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