14134 PENICK ROAD | WALLER, TXSPRINGER FARMS | 49.72 ACRES
SPRINGER FARMS14134 Penick Road, Waller, TX, 77484 | Waller County - Well suited for development in high demand area of Waller County. - Highly improved rectangular tract currently in use as commercial farm. - Tree lined deep water lake stocked with Bass, Catsh, and Crappie. - Highly improved tilled land with well water irrigation to all elds. - 750’ of frontage on paved Penick Road. - ree phase power at property. - Ag ExemptPrice: $2,486,000.00Price/AC: $50,000/ACLand Size: 49.72 ACPROPERTY HIGHLIGHTS:
Houstonis 49.72-acre property in Waller County, located o Penick Road, is ideal for development in a high-demand area. e rectangular tract, currently a commercial farm, features two deep water lakes, irrigated elds, and over 570 feet of road frontage. With reliable utilities, including three-phase power, water well, and septic, and its location outside the oodplain, this property is well-prepared for various uses.LOCATIONSITE
Additional 22 AcresAvailable49.72 Acres
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INFORMATION ABOUT BROKERAGE SERVICESINFORMATION ABOUT BROKERAGE SERVICESTexas law requires all real estate license holders to give the following information about brokerage services to prospective buyers, tenants, sellers and landlords.Licensed Broker/Broker Firm Name or Primary Assumed Business NameDesignated Broker of FirmLicensed Supervisor of Sales Agent/AssociateSales Agent/Associate’s NameRegulated by the Texas Real Estate CommissionTAR 2501Information available at www.trec.texas.govIABS 1-1EmailEmailEmailEmailLicensed No.Licensed No.Licensed No.Licensed No.Buyer / Tenant / Seller / Landlord InitialsPhonePhonePhonePhoneDateTYPES OF REAL ESTATE LICENSE HOLDERS:• A BROKER is responsible for all brokerage activities, 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 information about the property or transaction received by the broker;• Answer the client’s questions and present any oer to or counter-oer from the client, and;• Treat all parties to a real estate transaction 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 written listing to sell or property management agreement. An owner’s agent must perform the broker’s minimum duties above and must inform the owner of any material information about the property or transaction known by the agent, including information disclosed to the agent or subagent by the buyer or buyer’s agent. An owner’s agent fees are not set by law and are fully negotiable. AS AGENT FOR BUYER/TENANT: The broker becomes the buyer/tenant’s agent by agreeing to represent the buyer, usually through a written representation agreement. A buyer’s agent must perform the broker’s minimum duties above and must inform the buyer of any mate-rial information about the property or transaction known by the agent, including information disclosed to the agent by the seller or seller’s agent. A buyer/tenant’s agent fees are not set by law and are fully negotiable.AS AGENT FOR BOTH - INTERMEDIARY: To act as an intermediary between the parties the broker must rst obtain the written agreement of each party to the transaction. The written agreement must state who will pay the broker and, in conspicuous bold or underlined print, set forth the broker’s obligations as an intermediary. A broker who acts as an intermediary:• Must treat all parties to the transaction impartially and fairly.• May, with the parties’ written consent, appoint a dierent license holder associated with the broker to each party (owner and buyer) to communicate with, provide opinions and advice to, and carry out the instructions of each party to the transaction.• Must not, unless specically authorized in writing to do so by the party, disclose: » that the owner will accept a price less than the written asking price; » that the buyer/tenant will pay a price greater than the price submitted in a written oer; and » any condential information or any other information that a party specically instructs the broker in writing 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 transaction 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 rst.TO AVOID DISPUTES, ALL AGREEMENTS BETWEEN YOU AND A BROKER SHOULD BE IN WRITING AND CLEARLY ESTABLISH:• The broker’s duties and responsibilities to you, and your obligations under the representation 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 notice is being provided for information purposes. It does not create an obligation for you to use the broker’s services. Please acknowledge receipt of this notice below and retain a copy for your records.Oldham Goodwin Group, LLC 532457 Casey.Oldham@OldhamGoodwin.com (979) 268-2000
For more information about this property or Oldham Goodwin’s Land Services, please contactis Oering Memorandum was prepared by Oldham Goodwin Group, LLC (Broker). Neither the Broker nor the owner of the property (Owner) makes any representations or warranty, expressed or implied, as to the completeness or the accuracy of the material contained in the Oering Memorandum. e Oering Memorandum is solely a solicitation of interest - not an oer to sell the Property. e Owner and Broker expressly reserve the right to reject any or all expressions of interest or oers to purchase the Property and expressly reserve the right to terminate discussions with any entity at any time with or without notice. e Owner shall have no legal commitment or obligations to any entity that is reviewing the Oering Memorandum or making an oer to purchase the Property unless and until such an oer for the Property is approved by the Owner and the signature of the Owner is axed to a Real Estate Purchase Agreement prepared by the Owner. is Oering Memorandum is condential. By accepting the Oering Memorandum, you agree that you will hold the Oering Memorandum and its contents in the strictest condence, that you will not copy or duplicate any part of the Oering Memorandum, that you will not disclose the Oering Memorandum or any of its contents to any other entity without the prior written authorization of the Owner, and that you will not use the Oering Memorandum in any way detrimental to the Owner or Broker. e information above has been obtained from sources believed reliable. While we do not doubt its accuracy, we have not veried it and make no guarantee, warranty or representation about it. It is your responsibility to independently conrm its accuracy and completeness. Any projections, opinions, assumptions or estimates used are for example only and do not represent the current or future performance of the property. e value of this transaction to you depends on tax and other factors which should be evaluated by your tax, nancial and legal advisors. You and your advisors should conduct a careful, independent investigation of the property to determine to your satisfaction the suitability of the property for your needs. is investment involves various risks and uncertainties.You should purchase interest only if you can aord a complete loss of your investment you should carefully consider the risk factors involved in this investment. You may not receive any income from this investment nor a complete return of all your investment. Historical or current real estate performance is no guarantee of future real estate investment product results.JUSTIN WHITWORTHSenior Vice President | Land Services D: 346.233.0939 | C: 281.798.9560Justin.Whitworth@OldhamGoodwin.com PENICK ROAD | WALLER, TXSPRINGER FARMS