Coldwell Banker Commercial Southwest Partners has been retained as the exclusive advisors for The Pampell Ranch. The Pampell Ranch spans 55.25 acres just off TX HWY 237 between US HWY 290 and Round Top.
If you are looking for a great deal on 50+ acres in the Washington, Fayette & Austin County areas, with views, great location, water features, and minimal improvements built to someone else’s specifications, you have found it.
A family homestead owned by heirs, it is priced at 100% of Washington County Appraisal District (WCAD) tax value!
The original home-site provides a vista view and treed setting buffered by multiple ponds that cannot be matched in this price range. It benefits from an unobstructed northern view benefitting from a 100’+* elevation drop to the north.
Massive ancient oaks flank the home-site. The Pampell Ranch has two all weather ponds plus enjoys a beautif...
Massive ancient oaks flank the home-site. The Pampell Ranch has two all weather ponds plus enjoys a beautiful view of a neighbor’s pond to the north.
With only $6,500 of improvements at tax value, you are buying the canvas to paint your dream setting without paying for improvements that meet someone else’s requirements.
Tremendous location! Less than 3 miles to US Highway 290 the “Austin-Houston Highway”, 49 miles to Bastrop, 59 miles to College Station, 75 miles to Austin and 78 miles to northwest Houston in the affluent Austin DMA*.
The immediate area (1-mile radius) has extremely high values. With an average $329K home value and 5% of the homes with a value exceeding $1M, the values & % $1M+ homes are higher than all Demographic & Econometric Benchmarks** analyzed for this listing.
The Burton area offers a tremendous quality of life. Compared to 9 similar communities, the avg. of 100 communities in the Central Texas market area, and the avg. of the 5, 10, 25 and 50 largest Texas Cities (Quality of Life Benchmarks), the Burton area has lowest %: cost of living; poverty; divorce rate*.
Compared to the same Quality of Life Benchmarks, Burton has highest %: married and living together; at least high school/GED attained; and bachelor’s degree highest education attained.
With jaw dropping demographics and econometrics, a great location, stunning vista view, water features, multiple exit strategies, priced at tax value and with 3% buyer broker commission, it is priced to sell now!
*Estimates and plans by Coldwell Banker Commercial Southwest Partners. Demographics and econometrics from Site to do Business, the demographic & econometric arm of the Certified Commercial Investment Member (CCIM) Commercial Investment Real Estate Institute. This CCIM service is in collaboration with ESRI. All other calculations based on WCAD unless otherwise specifically defined.
**D&E Benchmarks include: (a) 1-mile radius, (b) Burton (Pampell Ranch is in the Burton zip code), (c) 77835 zip code, (d) Property census tract, (e) Brenham which is the largest city in Washington County, (f) Fayette County, (g) Washington County, (h) Texas, and (i) US.
HIGHLIGHTS
(1) Extremely high neighborhood (1-mile radius) home values and extremely high net worth coupled with pricing at Tax Value make a compelling opportunity.
(2) Great area access: less than 3 mi. to US Highway 290 the “Austin-Houston Highway”, 6 mi. to Round Top, 9 mi. to Burton and 18 mi. to Brenham.
(3) Excellent regional proximities: 49 mi. to Bastrop, 59 mi. to College Station, 75 mi. to Austin and 78 miles to northwest Houston.
(4) Vista views, treed home-site, multiple water features and extensive road frontage!
(5) Excellent investment opportunity with sample site plan to retain the home site and water features on 26 acres and sell two 14+ ac. tracts to reduce your capital cost.
(6) Enviable Burton area quality of life with: rural schools: low cost of living, low poverty & unemployment rates; and high educational levels, home values, family stability and net worth.
(7) At 1-mile radius compared to ALL D&E Benchmarks** has highest %: (a) $300K-$499K homes, (b) $500K-$999K homes, (c) $1M+ homes, (d) $500K-$999K household net worth, (e) single family detached homes, (f) no monthly mortgage, and (g) bachelor’s degree highest education attained.
(8) At 1-mile radius compared to ALL D&E Benchmarks** has highest avg. home values and monthly mortgages; and highest median net worth.
(9) At 1-mile radius compared to ALL D&E Benchmarks** has lowest %: (a) home values under $60K, (b) less than $15K household net worth (c) median annual mortgage vs. median home value, (d) married but separated, (e) vacant homes for sale, (f) high school but no diploma or GED, and (g) some college but no diploma.
(10) In the golden triangle! Washington County is at the epicenter of the Austin DMA, Waco-College Station DMA and Houston-DMA some of the strongest US economies*.
(11) Excellent local economy with less than 5% unemployment in the 1-mile radius located in a County with a robust $1B and growing economy*.
PROPERTY
(1) Acreage. 55.25 acres per WCAD.
(2) 2010 WCAD appraised value. $432,390.
(3) Total frontage. 4,301’*.
(a) South Hinze RD frontage. 1,586’*.
(b) Lorena LN frontage. 1,480’*.
(c) Butt’s Dairy LN frontage. 1,235’*.
(4) Property depth north to south at center point. 1,511’*.
(5) Property width west to east at center point. 1,571*.
(6) Property elevation range. 475’* to 502’*.
(7) Flood plain. None of the property is in a flood plain.
(8) Water features. Two ponds.
(9) Utilities.
(a) Electric. On-site.
(b) Water. Well.
(c) Sewage. Septic system.
(d) Other utilities. Telephone and satellite available.
(10) Conceptual site-plan. To demonstrate possible strategies, we developed a conceptual site plan with three tracts:
(a) North 26.33 acres. It encompasses the original home site and two ponds and what we believe is one of the best views for the price in the area. With 1,154’* frontage including 713’* on Lorena LN and 441’* on Butt’s Dairy LN.
(b) Southwest 14.46 acres. At the corner of Butt’s Dairy LN and South Hinze RD with 1,575’* frontage. 779’* frontage on South Hinze RD and 794’* frontage on Butt’s Dairy LN.
(c) Southeast 14.46 acres. At the corner of South Hinze RD and Lorena LN with 1,574’* frontage. 807’* frontage on South Hinze RD and 767’* frontage on Lorena LN.
(d) Exit strategies. Many buyers in the area buy a larger tract, select the most desirable home site and views and sell off the remainder. Others may consider the property a pure investment with the intent to divide and/or develop.
(11) Improvements. 8 structures. Sold “as is where is”.
(a) WCAD value. $6,410.
(b) Storage area # 1. 768 SF built in 1973.
(c) Storage area # 2. 69 SF built in 1973.
(d) Storage area # 3. 492 SF built in 1973.
(e) Storage area # 4. 120 SF built in 1958.
(f) Shed area. 534 SF built in 1953.
(g) Barn area # 1. 2,913 SF built in 1972.
(h) Barn area # 2. 678 SF built in 1967.
(i) Barn area # 3. 311 SF built in 1970.
(12) Legal.
(a) Address. No address on South Hinze Road.
(b) Legal description. Abstract A0130, Fleasner, Charles, Tract 4, Acres 55.25.
(c) Tax ID. PIDN: R20057.
(d) In City limits? No.
(e) Zip code. 77835.
(f) School district. Burton ISD.
(g) Zoning. None known.
(13) Taxes. 2010 reported taxes are $92.80. Property is Homestead and Agricultural exempt. Consult your tax advisor regarding your expected taxes.
LOCATION
(1) In two very affluent and prestigious rural Texas Counties. The property is in both Austin County and Washington County, two of the most desired rural Texas Counties.
(2) Proximity to US Highway 290. It is less than 3 miles to US Highway 290 the “Austin-Houston Highway”.
(3) Just 6 miles to Round Top. Round Top is an extraordinarily affluent and very prestigious community that is an international destination for antiques and classical music competition.
(4) Superior regional location. 18 mi. to Brenham, 47 miles to Bastrop, 50 miles to College Station, 74 miles to Austin and 74 miles to Houston.
(5) Easy airport access. 47 mi. to Easterwood Field in College Station (CLL) with commuter service to DFW and IAH, 69 mi. to Houston Bush Intercontinental Airport (IAH), 95 mi. to Austin Bergstrom International Airport (AUS) and 102 mi. to Houston Hobby International Airport (HOU).
(6) Across the street from the very affluent Austin DMA. The Austin DMA is one of the strongest regional economies in the US and globally.
(7) One county removed from the Austin, Houston and College Station CBSAs. These CBSAs have some of the best economies in the US.
SCHOOLS AND SCHOOL DISTRICT REVIEW
We utilize GreatSchools for comparative analysis of school districts and schools across geographic areas.
(1) Burton Independent School District.
(a) Students. 340.
(b) GreatSchools rating. 5 out of 10.
(2) Burton Elementary School (grades PK-6).
(a) TEA Accountability Rating. “Recognized”
(b) Students. 187.
(c) GreatSchools rating. 5 out of 10.
(d) Most recent parent review. 4 of 5 stars. “I believe the new principal will do an excellent job. I see where the school is focused on proactive means of teaching instead of impractical. I believe when the children have a relaxed and caring surroundings they will gain knowledge better.”
(3) Burton High School (grades 7-12).
(a) TEA Accountability Rating. “Recognized”.
(b) Students. 153.
(c) GreatSchools rating. 6 out of 10.
(e) Key ratings.
(i) Overall rating by students. 5 of 5 stars
(ii) Overall rating by parents. 4 of 5 stars
(iii) Principal leadership rating by parents. 4 of 5 stars
(iv) Teacher quality rating by parents. 4 of 5 stars
(v) Parent involvement by parents. 4 of 5 stars
(d) Most recent student review. Rated 5 of 5 stars. “Burton High school is a great school. Its small size makes it easier for teachers to work more one on one. I would advise anyone to come here. Go Panthers!”
QUALITY OF LIFE
(1) Quality of life defined. We utilize available quantitative data to provide an assessment of the quality of life of the community. We analyze cost of living, education levels, home values, family environment, poverty and weather.
(2) Benchmarks. We compared Burton to the following:
(a) “Area Cities”: The following 9 communities/market areas in reasonable proximity: Bellville, Brenham, Columbus, Giddings, La Grange, Schulenburg, Sealy, Smithville and Waller.
(b) “Market Basket Cities”: The average of 100 communities in Washington County, adjacent Counties and Counties that are a County removed that are not metropolitan.
(c) “Largest Cities”: averages of the 5, 10, 25 and 50 largest Texas Cities.
Collectively these are referred to as the “Benchmarks”.
(3) Economic indicators
(a) Cost of living. Lowest of all Benchmarks at 73.9%.
(b) Average home values. Next to highest of Area Cities and higher than Market Basket Cities at $135,603.
(c) % poverty. Lowest of all Benchmarks at 7.8%.
(4) Family indicators.
(a) % married. Highest of all Benchmarks at 68.8%.
(b) % divorced. Lowest of all Benchmarks at 3.3%.
(c) % never married. Lowest of all Benchmarks at 16.7%.
(5) Education indicators.
(a) % at least high school/GED attained. Highest of all Benchmarks at 79.3%.
(b) % bachelor’s degree highest education attained. Highest of all Area Cities and Market Basket Cities at 24.7%.
(6) Moderate weather. Average temperatures range from the mid 30s to the mid/upper 90s. In December and January average temperatures are in the upper 40s. Summer peaks in July and August with average temperatures in the mid/upper 90s. The area has clear days about 75% of the year.
(7) Data limitations. Note that when you are reviewing the related PDF sets, if a specific city/community does not include any data, it means the information is not reported. It does NOT mean the answer is 0. For example, if an area is an unincorporated area, crime and building statistics will not be available. In addition, some markets only report mean (average) housing prices/values, some only report median (50th percentile) and some report both.
DEMOGRAPHICS & ECONOMETRICS
(1) Summary. At a 1-mile radius, the neighborhood outperforms micro & macro market demographic & econometric geographic areas utilized in home values, net worth, education, marital stability and other key indicators.
(2) Benchmarks.
(a) 1-mile radius
(b) Burton (Pampell Ranch is in the Burton zip code)
(c) 77835 zip code
(d) Property census tract
(e) Brenham which is the largest city in Washington County
(f) Fayette County
(g) Washington County
(h) Texas
(i) US
(3) Reference Benchmark to analyze this location. We utilized the smallest area, 1-mile radius, for comparative analysis.
(4) Data baselines. All data is 2010 and from CCIM unless otherwise defined. Annual % change calculations are proprietary to CBC Southwest Partners.
(5) 1-mile radius vs. ALL Benchmarks.
(a) Highest %:
? $300K-$399K home values
? $400K-$499K home values
? $500K-$749K home values
? $750K-$999K home values
? $1M+ home values
? $500K-$999K household net worth
? Single family detached homes
? No monthly mortgage
? Bachelor’s degree highest education attained
(b) Highest avg.:
? Home values
? Monthly mortgage
(c) Highest median:
? Household net worth
(d) Lowest %:
? Home values under $60K (0%)
? Less than $15K household net worth
? Median annual mortgage vs. median home value
? Married but separated (0%)
? Vacant homes for sale (0%)
? High school but no diploma or GED
? Some college but no diploma
(6) Census Tract definition. A census tract, census area, or census district is a geo-graphic region defined for the purpose of taking a census. Usually these coincide with the limits of cities, towns or other administrative areas and several tracts commonly exist within a county. In unincorporated areas of the United States these are often arbitrary, except for coinciding with political lines.
3% BUYER BROKER COMMISSION
A buyer broker MUST be disclosed with the buyer’s first communication to be eligible for the buyer broker commission. A buyer broker does NOT have to accompany their buyer to any showings.
CONTACT INFORMATION
Call 1.979.421.9996 to set up an appointment, request additional information or answer any questions.
GRAPHIC ANALYSIS
All analysis is based on defined and published sources. Unless otherwise noted, all demographic and econometric data is from Site to do Business, the demographic & econometric arm of the Certified Commercial Investment Member (CCIM) Commercial Investment Real Estate Institute. This CCIM service is in collaboration with ESRI.
Most annual % change estimates and traffic projections are based on our proprietary models.
There are 1,477 underlying PDF sets. All are available on the property website or on request.
There are 52 property and area links. All are available on the property website, in the offering narrative or on request.
DISCLOSURES & COPYRIGHTS
Coldwell Banker Commercial Southwest Partners is a wholly owned franchise of Alexander Tiffany Southwest, LLC. Analysis is preliminary, based on proprietary systems and models, is time sensitive and based on assumptions-stated and unstated. Graphics are only renderings. Measurements are only estimates. No warranties are expressed or implied. All content is protected by copyright laws, is only for prospects or legal representatives, and should not replace buyers own due diligence and analysis. Any other use is prohibited.
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