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HIGHLIGHTS
(1) Reduced to $3,080.24 per acre and only 0.7 miles from Lake Somerville
(2) Excellent proximity to Brenham, Round Top, Houston and Austin
(3) Great investor and/or weekend ranch/lake retreat opportunity
(4) Corner tract with extensive frontage on two roads
(5) Within 5 miles, effective household buying income projected to increase by 4.28% per year through 2012
(6) Within 5 miles, 1.5% projected annual population growth through 2012
PRICE
Reduced by $16,900 from $116,900 to $100,000 for immediate sale.
PROPERTY
Great investor and/or weekend retreat opportunity.
32+ acres.
Property is at corner of Iron Bridge Road and Stevens Lane.
Fenced.
Agricultural exemption.
Active oil lease on property.
Minerals do NOT convey.
LOCATION
2/3 of a mile from Lake Somerville.
Northwest of historic Burton.
Great regional proximity: 16 miles to Brenham, 43 m...
Great regional proximity: 16 miles to Brenham, 43 miles to College Station, 66 miles to Houston and 75 miles to Austin.
5 MILE RADIUS KEY DEMOGRAPHICS AND ECONOMETRICS
(1) FAST GROWING ECONOMY. Effective household buying income projected to increase by 4.28% per year through 2012
(2) SMALL TOWN ENVIRONMENT. 1,321 estimated 2007 population
(3) RURAL HISTORIC ECONOMIC BASE. 20% of annual household incomes exceed $60,000 per year
(4) GROWING AREA. From 2000 to 2007, total number of households grew by 1.74% per year
(5) CONTINUED GROWTH PROJECTED. 1.5% projected annual population growth through 2012
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