an exciting new master planned communityan exciting new master planned community txfb0007748626210...

The information contained herein from sources deemed reliable. We have no reason to doubt its accuracy but do not guarantee it. It is thereponsibility of the person reviewing this information to independently verify it. This package is subject to change, prior sale or complete withdrawal.

Kirk [email protected]

Duane [email protected]

Tel: 713.647.7800Fax: 713.647.783010497 Town & Country WaySuite 930Houston, Texas 77024

An Exciting New Master Planned Community

TXFB00077-48629/6-29-10


Tamarron Lakes is a 747-acre planned community located in the burgeoning Houston - Katy - Fulshear area of northern Fort Bend County. Tamarron Lakes is ideally situated on FM 1463 between FM 1093/Westheimer (the proposed Westpark Tollway extension) and I-10 and offers quick and easy access to these major thoroughfares. Tamarron Lakes is bounded by Firethorne to the north, Cross Creek Ranch to the south, and just west of Cinco Ranch and is located in Houston’s Energy Corridor.

Tamarron Lakes is designed to accommodate approximately 1,695 homes along with the accompanying retail, educational and residential amenity components. Current planning calls for a dramatic entryway, accented by a stone tower, a river rock waterfall, a fountain with a faux bridge and extensive landscaping. The main boulevard to Tamarron Lakes is planned to be enhanced with decorative water features and a park-like setting. The community amenities are planned to include a spectacular recreation area situated on four acres. These proposed amenities include a 4,700 square foot clubhouse which would include a multipurpose area, locker rooms and a fitness center. An outside water park featuring multiple pools, a water slide and a splash playground are also planned. The 100 acres devoted to hiking trails, parks, green belts and lakes will provide outdoor recreational activities for the residents of the community.

A 24-acre commercial component is planned for the western boundary of the development. This commercial area will bring retailers and office sites to the community. Additional acreage is planned for an elementary school and a daycare facility.

The reconstruction and expansion of the nearby Katy Freeway (I-10 West) is now complete. The Katy Freeway is a model freeway corridor by combining traditional lanes, High Occupancy Vehicle lanes and toll road lanes. The Westpark Tollway is currently being planned to extend westward from the Grand Parkway to just west of FM 1463. This tollway, coupled with the widening of FM 1093 to four lanes, results in an eight-lane corridor that greatly improves mobility for the area’s residents by creating a new east-west corridor with access to Highway 6, Sam Houston Tollway (Beltway 8), US 59 and the Galleria area.

Shopping is nearby and plentiful at the Katy Mills Mall, Cinco Ranch, other area centers and future shopping sites. Medical care is available at three area hospitals; Memorial Hermann Katy, Christus St. Catherine and Texas Children’s Katy. The residential areas of Tamarron Lakes are located within Lamar Consolidated Independent School District.

Tamarron Lakes and the surrounding area is greater Houston’s strongest single-family residential market and the vast majority of this housing is located within the area’s numerous and very successful master planned communities. Homes in this market generally sell for higher prices and with greater velocity than any other single family market in the greater Houston area.

Tamarron Lakes is located south of I-10, West of Grand Parkway on FM 1463, Fulshear, Fort Bend County, TX

A ±747 Acre Master Planned Community


Provide a location, amenity and lot price advantage to builders in the •fast growing Katy-Fulshear corridor.

Planned as a• 1,695 home community located on the west side of FM 1463, Tamarron Lakes is bounded by Firethorne to the north and Cross Creek Ranch to the south.

More than $80 • million is expected to be spent to develop Tamarron Lakes over the five to seven year build out.

100 acres • devoted to hiking trails, parks, green belts and lakes will provide outdoor recreational amenities for residents of the community.

A 24-acre c• ommercial component has been set aside on the western boundary of the project. Scheduled for the second phase of development, commercial sites will bring retailers and office sites to the community.

Fifteen Acres is s• et aside for a new elementary school and an adjoining three acres is allocated for a daycare facility.

Tamarron Lakes is • ready for development and construction to begin. It is estimated that construction could begin approximately 65 days after bids are let.

Engineering for initia• l development is completed.

Development Plan:Size: ±747 acres

Price: $14,250,000 / $19,100 per gross acre

School District: Lamar Consolidated ISD

Comments:

Fort Bend County MUD #182 in place with Legislative Road Powers•

Located within the City of Fulshear ETJ•

Preliminary plat has been approved•

Development Agreement with the City of Fulshear is completed•

1,695 planned lots – 60’, 65’ and 75’•

Waste water permit in place•

Drainage easement in place•

Agreement in place with adjacent land owners to share in cost of •off-site drainage

Agreement in place with adjacent property owner to the south for •shared cost of FM 1463 round-a-bout, entryway and entryway landscaping

Bond election has been held which authorized $85M in District bonds •for water, sewer and drainage

Civil engineering for Phase I (four sections) and on & off site drainage •is nearing completion.

Drainage study is complete•

Water and waste water plant design is nearing completion•

Club house design is 50% complete•

MUD Board is in place•

Ag lease in place•

Gas and electric providers are planning their service•


Contacts:

Land Advisors Organization

10497 Town & Country Way

Suite 930

Houston, Texas 77024

Attention:

Kirk Laguarta, Agent/Land Specialist

Duane Heckmann, Agent/Land Specialist

713-647-7800

Coats & Rose – Legal Council for MUD

3 East Greenway Plaza

Suite 2000


Attention: Julianne Kugle

713-653-7318

Costello Engineering – Civil Engineering

9990 Richmond Ave

Suite 45N


Attention: Bill Zollman

713-783-7788

Kerry Gilbert & Associates – Planning

23501 Cinco Ranch Blvd., Ste A-250

Houston, TX 77094

Attention: Kerry Gilbert

281-579-0340

Dain – Roescher – Financial Advisor for MUD

First City Tower, Ste 400

Houston, TX 77002

Attention: Jan Bartholomew

713-651-3342

Warren Wilke & Associates – Club House Design

5080 Spectrum Drive, Ste 105

Addison, TX 75001

Attention: Warren Wilke

972-991-9600

Cooper Design Works – Landscape Architects

8709 Brookhollow Drive

Rowlett, TX 75089

Attention: Jim Cooper

972-412-9519

Steward Marketing – Marketing Consultant

25211 Grogan’s Mill Road Suite 225

The Woodlands, Texas 77380

Attention: Sherri Morris

281-210-2452 x 614

MUD: Fort Bend CountyMUD #182


Amenities:The Recreation Center and clubhouse will provide a focal point for residents. The impressive stone exterior brings a Hill Country feel to the surroundings and will feature a porte-cochere drive-in, drop-off area. Inside, the clubhouse is complete with a fitness center, locker rooms and bathrooms. It also houses an office and a multipurpose room with a kitchen and storage. Sitting areas offer relaxing views of the water park and lake beyond. The outdoor areas of the center include:

Water Slide•NCAA Lap Pool•Tumble Buckets•Swim Channel•Splash Playground•Leisure Pool•Pavilion & Perimeter Shade Arbor•

Recreation Center

Metropolitan Living with Small Town Charm

Fiesta Master Planned Community Tamarron Lakes Locality Map

Fiesta Master Planned Community Tamarron Lakes Surrounding Development Map

Fiesta Master Planned Community Tamarron Lakes Property Detail Map

APPROVED BY THE TEXAS REAL ESTATE COMMISSION FOR VOLUNTARY USETexas 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 broker may act as an intermediary between the parties if the par-ties 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.

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 REPRESENTS THE BUYER: The broker becomes the buyer’s agent by entering into an agreement to represent the buyer, usually through a written buyer repre-sentation agreement. A buyer’s agent can assist the owner but does not represent 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.

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; 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 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 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.

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

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. EQUAL HOUSING OPPORTUNITY. 01A TREC No. OP-K

an exciting new master planned communityan exciting new master planned community txfb0007748626210...

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