pad site & two development tracts for sale · homes 13 3,025 homes 0 8 fm 160 146 44 crosby...
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±430'
±78
9'
±500
'
±202'
±1,041'
±1,290'
±222'
±245'
±250
'
±252
'±3
08'
±340'
±630'
±482'
±200' ±1,060'
±260
'
±560'
TRACT C±68,000 SF
TRACT B±4.5 AC
FAIRWAY CROSSING DR
FM 2100
TRACT A±35.5 AC
201 HOMESMEDIAN PRICE: ±$281,000On lots from 0.8 to 2.5+ AC
FAIRWAY CROSSING AT LAKE HOUSTON
GEORGE BUSHINTERCONTINENTALAIRPORT
WILLIAM P.HOBBYAIRPORT
Memorial Management
District
CONROE
MAGNOLIA
THEWOODLANDS
TOMBALL
SPRING
HUMBLEATASCOCITA
CROSBY
PASADENA
BAYTOWN
CYPRESS
KATY
PEARLAND
SUGAR LAND
JERSEY VILLAGE
GALVESTONBAY
HOUSTON SHIP CHANNEL
CONROE
ESGAALVESSTONYBAYBAYY
HIP CHANNELHIP CHANNELHIP CHANNELHHHOUSTON SHOUSTON SHOUSTON SHN SN SN SUSUSUSOUOUOUOUOUOUUSTOUSTOUSTOOOOHHHHHH HHHHHHHHHHHHHOHOHOHOHOOOOOOHOHOHOHOOOOO
LAKEHOUSTON
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CONROECONROECONROECCCCONROCONROCONROOEOEOEOEOEOE
KINGWOOD
HUFFMAN
The TexasMedicalCenter
Sam HoustonTollway Corridor
North HoustonDistrict
EnergyCorridor
WestchaseDistrict
GreenwayPlazaUptown/
Galleria
Downtown
Generation Park
SITE
FUTURE GRAND PARKWAY
SEGMENTS H & I-1Construction scheduled to begin mid-2017
Open to traffic in 2021
T 713.782.9000 www.read-king.com
5 8 5 0 S A N F E L I P E , S U I T E 4 9 0 , H O U S T O N, T X 7 7 0 5 7
TONY PATRONELLA
T 713.828.4883
LOGAN HAVEL
T 713.980.4740
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T 713.782.9000 www.read-king.com
5 8 5 0 S A N F E L I P E , S U I T E 4 9 0 , H O U S T O N, T X 7 7 0 5 7
PAD SITE & TWO DEVELOPMENT TRACTS FOR SALE
±41.5 Total Acres, Fairway Crossing, Huffman, TX
AT T H E I N T E R S E C T I O N O F F M 2 1 0 0 A N D FA I R WAY C R O S S I N G D R
201 HOMESMEDIAN PRICE: ±$281,000On lots from 0.8 to 2.5+ AC
FAIRWAY CROSSING AT LAKE HOUSTON
COMMONS OFLAKE HOUSTON
Red WolfGolf Resort
FM 2100
1,600 LOTS - ±1,100 DELIVEREDHOME PRICES: $300s-$500s
On lots from 0.6 to 5+ AC
HUFFMAN CLEVELAND RD
±430'
TRACT C±68,000 SF
TRACT B±4.5 AC
TRACT A±35.5 AC
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1 MILE 3 MILES 5 MILESPopulation (12-2016) 1,674 12,603 38,203Estimated Households 392 3,142 10,830Est. Average HH Income $105,212 $90,567 $139,298Daytime: Total Employees 257 2,292 6,252
DEMOGRAPHICS
Intersection COUNT YEAR
FM 2100 north of Atascocita Rd. 16,685 CPD 2017
FM 2100 south of Atascocita Rd. 15,500 CPD 2015
Atascocita Rd. west of FM 2100 27,107 CPD 2017
Atascocita Rd. east of FM 2100 10,121 CPD 2011
TRAFFIC COUNTS
SUMMARY
Located at the intersection of FM 2100 and Fairway Crossing Dr., these tracts are ideally situated at the entrance of the Fairway Crossing at Lake Houston subdivision in the rapidly growing Northeast Harris County. As one of the few sites in Huffman with full utilities available, these tracts provide an excellent development opportunity.
PROPERTY INFORMATION
90
99
GRAND PKWY SEGMENTS H & I-1
• Construction scheduled to begin mid-2017• Open to traffic in 2021
59
8
146
494
• Expand FM 2100 from a 2-lane, undivided road to a 4-lane divided facility• 2015 traffic count was 19,000 CPD, expected to be 29,900 CPD by 2035 (+57%)• Scope is S Diamondhead Blvd to FM 1960 • Timing: Summer 2017
FM 2100 EXPANSION PROJECT(TXDOT) PHASE 1
CROSBY
ATASCOCITA
DAYTONHUFFMAN
HOUSTON
FM 2100
FM 2100
FM 1960
27,107 CPD*
15,500 CPD
16,500 CPD
16,685 CPD*
10,121 CPD
LAKEHOUSTON
LAKEHOUSTON
LAKEHOUSTON
SITE
JURISDICTION: Unincorporated Harris County
UTILITIES: Full Available (To be confirmed)
ZONING: None
SCHOOLS: Zoned to Huffman ISD, which received the highest possible rating from the TEA in 2016
PRICE: Contact Broker
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TxDOT 2015 Traffic Counts. *2017 Counts
AVAILABLE PARCELS
TRACT A: ±35.5 AC
TRACT B: ±4.5 AC
TRACT C: ±68,600 SF
500-600 LOTS(PHASE 1)
1,600HOMES
133,025
HOMES
90
8
FM 1960
146
494
CROSBY
ATASCOCITA
DAYTONHUFFMAN
HOUSTON
FM 1960
4
LAKEHOUSTON
LAKEHOUSTON
LAKEHOUSTON
FM 2100
16
1
2
±3,680 AC FUTURE RESIDENTIAL DEVELOPMENT
3201
HOMES
5
7
15
17
±354 AC FUTURE RESIDENTIALDEVELOPMENT
141 HOMES
1,200 LOTS
6±20 ACRE FUTURE ELEMENTARY SITE
• Construction scheduled to begin mid-2017• Open to traffic in 2021
GRAND PKWY SEGMENTS H & I-1
8
12
11
14
109
609 HOMES
66 HOMES
216 HOMES
176 HOMES
1,440 LOTS
690 HOMES
209 HOMES
626 HOMES
• Expand FM 2100 from a 2-lane, undivided road to a 4-lane divided facility• 2015 traffic count was 19,000 CPD, expected to be 29,900 CPD by 2035 (+57%)• Scope is S Diamondhead Blvd to FM 1960 • Timing: Summer 2017
FM 2100 EXPANSION PROJECT(TXDOT) PHASE 1
FAIRWAY CROSSING AT LAKE HOUSTON
SITE
99
591. PROPOSED FUTURE RESIDENTIAL
DEVELOPMENT • ±3,680 Acres owned by Forestar
Development Group
2. CYPRESS POINT • Single Family Properties: 209 • 2015 Median Appraised Value: $56,494
3. FAIRWAY CROSSING AT LAKE HOUSTON • Single Family Properties: 201 • 2015 Neighborhood Value Range:
$212k-$390k • 2015 Median Appraised Value: $280,883 • Home to 18-hole Red Wolf Golf Resort
4. ±20 ACRE FUTURE HUFFMAN ISD ELEMENTARY SITE
• Purchase by Huffman ISD: 2016 • Scheduled to Open: TBD
5. PROPOSED FUTURE RESIDENTIAL DEVELOPMENT
• ±354 AC Under Contract to Production Residential Builder (Builder: Undisclosed)
6. LAKE HOUSTON FOREST • Single Family Properties: 176 • 2015 Median Appraised Value: $113,049 • 2015 Median Home Sale Price per SF: $100.09
(up 100+% from 2010)
7. LAKEWOOD HEIGHTS • Single Family Properties: 690 • 2015 Neighborhood Value Range:
$62k-$148k • 2015 Median Appraised Value: $101,881
8. FOREST MANOR • Single Family Properties: 141 • 2015 Median Appraised Value: $120,779
9. SPANISH COVE • Single Family Properties: 216 • 2015 Neighborhood Value Range:
$116k-$345k • 2015 Median Appraised Value: $224,125 10. SADDLE CREEK FARMS • Single Family Properties: 66 • 2015 Neighborhood Value Range:
$235-$509k • 2015 Median Appraised Value: $335,950
11. INDIAN SHORES • Single Family Properties: 626 • 2015 Neighborhood Value Range: $95k-$251k • 2015 Median Appraised Value: $146,959
12. LAKE SHADOWS • Single Family Properties: 609 • 2015 Median Appraised Value: $153,670
13. NEWPORT • Single Family Properties: 3,025 • Neighborhood Value Range: $93k-$188k • Median Appraised Value: $125,639 • David Weekley Homes under construction on
68 new lots • Home to 18-hole Stonebridge at Newport golf
club
14. SUNDANCE COVE • 461 acres • ±1,200 homes • Phase 1: 450 homes, Q3 2017 delivery • Price Range: $200s-$400s • Developer: Madison Development and White &
Bolin Construction
15. WOODLAND LAKE ESTATES • Total Lots: ±1,440 • Land clearing and site work has begun • Phase 1: 207 lots, 2017 delivery • Average Home Value: $230,000 • Developer: Arete Real Estate and
Development Co.
16. THE COMMONS OF LAKE HOUSTON • Total Lots: ±1,600 • Total Occupied Homes: ±1,100 (current) • Price Range: $300s-$500s • Developer: Signorelli
17. THE TIMBERS • ±2,750 acres - 40 AC for commercial - 25 AC for multifamily • 1: 500-600 homes, begin construction in 2017 • Developer: Signorelli
RESIDENTIAL & ROAD CONSTRUCTION
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PROPERTY BOUNDARY EXHIBIT
*All logos displayed are for identification purposes only and may be trademarks of their respective companies.Although Read King Commercial has obtained the information contained herein from sources it believes to be reliable, and believes the information to be correct, no representations or warranties, express or implied, are made as to the accuracy or reliability of this information. Any references to square footage or age are approximate only. The recipient bears sole responsibility for verification of the accuracy of the information contained herein and bears all risk for any inaccuracies. Read King Commercial shall have no liability or responsibility to any party for any loss or damage arising from reliance by any party on the information contained herein.
Demographics: This report was produced using data from private and government sources deemed to be reliable. The information herein is provided without representation or warranty. ©2017, Sites USA, Chandler, Arizona, 480-491-1112. Demographic Source: US Census Bureau & USPS 12/2016, TIGER Geography. POSTALCOUNT PRO: DELIVERY STATISTICS as of 12-2016 Calculated using Proportional Postal Hybrid. 2000-2010 Census, 2016 Estimates with 2021 Projections Calculated using Weighted Block Centroid from Block Groups.