Pioneer Crossing
373.13 acres Vacant Land
Austin, Texas 78754
HIGHLIGHTS
● Approximately 374.68 AC Un-developed
Vacant Land
● Northeast Quadrant of City of Austin
● Located in an Area Known As “HighTech Corridor”
● Zoning: Pioneer Crossing Planned Unit
Development(PUD)
● Floor Plain: 157 Acres are within Harris
Branch Tributary Floor Plain
● Allowed Usage:
(a) 195.95 AC Residential
(b) 20.56 acres Commercial Retail
● Maximum Density:
(a) 2,989 Residential Units
(b)300K SF Commercial/Industrial
ASKING PRICE
$16,250,000.00
Contact:
Andy Hsu
(713) 414-5529
Andy.hsu@aarealtytx.com
TABLE OF CONTENT
PROPERTY SUMMARY
Property Overview
Area Employments
School District
Transportation
Utility Easement
MAPS
TCAD Parcel Maps
City of Austin Flood Map
FEMA National Flood Map
Pioneer Crossing PUD Map
CITY OF AUSTIN
DEMOGRAPHICS
APPENDIX A
Information about
brokerage service
PROPERTY SUMMARY
PROPERTY OVERVIEW
Subject property is a 373.1307 acre land located in the northeast side of the city of Austin, bounded by E. Parmer Ln to the south and Gregg/Howard Ln. to
the north. It has approximately 2,400 feet frontage on E Parmer Ln. and 2,200 feet on Gregg/Howard Ln. It’s located within the 1,548 acres Pioneer Crossing
Planned Unit development (PUD) zone. Approximately 195.95 acres of the subject property is designated for mixed density residential and 20.56 acres of the
site is designated for commercial purpose. The remaining 157 acres of the subject site fall within the Harris Branch Creek flood plain, which is subject flood
control. The Pioneer Crossing PUD agreement allows for almost 3,000 mixed-density residential units and 300,000 SF of commercial space.
The subject property is located in the preferred “High-Tech Corridor” of northeast Austin. To the south of the subject property, directly across from E Parmer
Ln., is the Samsung Austin semi-conductor manufacturing campus. Major employers such as Dell, Apple, General Motor, and Applied Material are all within
the vicinity. This area is one of the fastest growing residential areas in the city due to its proximity to a growing technology sector, convenient retail centers
and strategic position between Austin, Round Rock and Pflugerville. The property is located approximately 15 miles northeast of downtown Austin and 18
miles north of the Austin Bergstrom International Airport. The site offers easy access to Interstate Highway 35, Highway 290, and the new State Highway 130
Toll Road. This area offers convenient connection to Austin, Round Rock, Pflugerville, and other major Texas cities such as far as Houston, Dallas, and San
Antonio.
AREA EMPLOYEMENT
Parmer Lane corridor has become the epic center of “Silicon Hill” which the city of Austin is known for it’s cluster of high-tech companies and international
corporations. The area major employers include:
Samsung Semi-conductor
GM
eBay
HID
IBM
Paypal
Apple Inc.
Pearson
Applied Materials
Dell Computers
Nintendo
US Farathane Corporation
PROPERTY
SUMMARY
PROPETY OVERVIEW
&
AREA
EMPLOYEMENT
PROPERTY
SUMMARY
AREA MAJOR
EMPLOYERS
LOCATION MAP
Subject
SCHOOL DISTRICT
The subject property is zoned for Manor Independent School District.
School District Facts:
Year Established: 1855
Student population: 8,657
Texas Education Agency Rating: “Academically Acceptable”
High Schools
Middle Schools
Elementary Schools
Manor High
Manor New Technology High
Manor Excel Academy
Decker Middle
Manor Middle
Blake Manor Elementary
Bluebonnet Trail Elementary
Decker Elementary
Manor Elementary
Oak Meadows Elementary
Pioneer Crossing Elementary
Presidential Meadows Elementary
PROPERTY
SUMMARY
LOCAL SCHOOL DISTRICT
TRANSPORTATION
The access to the property are provided by three (3) major freeway systems: Interstate 35 to the west, State Hwy 290 to the south, and the new State Hwy
130 Toll Road to the east. It’s strategically located between Austin, Round Rock, and Pfugerville. It’s about 15 miles northeast of downtown Austin and 18
miles north of the Austin Bergstrom International Airport.
UTILITY EASEMENT
PROPERTY
SUMMARY
TRANSPORTATION
UTILITY EASEMENT
According to the National Pipeline Map System Map, a natural gas line runs along the southwestern border of the property. It doesn’t seems to affect the
land and encumber the potential development.
PROPERTY
SUMMARY
TRANSPORTATION
MAP
Subject
Subject
PROPERTY
SUMMARY
NATIONAL PIPELINE
SYSTEM MAP
Subject
MAP
TRAVIS COUNTY
APPRAISAL DISTRICT
MAP PARCEL 1
MAP
TRAVIS COUNTY
APPRAISAL DISTRICT
MAP PARCEL 2
MAP
CITY OF AUSTIN
FLOOD MAP
MAP
FEMA NATIONAL
FLOOD MAP
MAP
PIONEER
CROSSING P.U.D.
CITY OF AUSTIN
Austin is the capital of the state of Texas and the seat of Travis County. Located in central Texas
along the corridor of Interstate 35. It is the 11th largest city in the United States of America and
the fourth-largest city in the state of Texas. It was the third fastest-growing large city in the
nation from 2000 to 2006. Austin is also the second largest state capital in the United States.
Austin has a population of 842,592 according to the 2012 estimates. The city is the cultural and
economic center of the five-county Austin-round Rock metropolitan area, which had an
estimated population 1,834,303 per 2012 U.S. Census.
Economically, Austin had a Gross Domestic Product of $86 billion in 2010. Austin is considered to
be a major center for high tech. Thousands of graduates each year from the engineering and
computer science programs at the University of Texas Austin provide a steady source of
employees that help to fuel Austin's technology and defense industry sectors. The region's rapid growth has led Forbes’ to rank the Austin metropolitan area
number one among all big cities for jobs for 2012 in their annual survey and WSJ Marketwatch to rank the area number one for growing businesses. By
2013, Austin ranked No. 14 on Forbes' list of the Best Places for Business and Career-the metro Austin area has much lower housing costs than the area such
as Silicon Valle, but much higher housing costs than many parts of rural Texas. Further, the
UrbanLand Magazine has rated Austin #2 on it’s rank of 2015 top market to invest in real
estate for its ”… industrial base, the appeal to the millennial generation, and the lower cost of
doing business in Austin. The market was a top choice for both the office sector and the
single-family housing sector and ranked number two for retail. Interviewees are also attracted
to Austin’s diverse employee base, And the market is an example of “jobs chasing people.””
CITY OF AUSTIN
DEMOGRAPHICS
Demographics for E Parmer Lane and Samsung Blvd, Austin, TX 78754
Population
1-mi.
3-mi.
5-mi.
2013 Male Population
2,547
19,314
85,221
2013 Female Population
2,691
19,877
81,426
% 2013 Male Population
48.63%
49.28%
51.14%
% 2013 Female Population
51.37%
50.72%
48.86%
2013 Total Population: Adult
3,528
29,041
120,838
2013 Total Daytime Population
5,614
33,273
164,693
2013 Total Employees
2,952
13,921
81,061
2013 Total Population: Median Age
29
32
30
2013 Total Population: Adult Median Age
38
40
38
2013 Total population: Under 5 years
577
3,255
15,746
2013 Total population: 5 to 9 years
500
2,852
13,273
2013 Total population: 10 to 14 years
423
2,543
10,625
2013 Total population: 15 to 19 years
315
2,389
10,451
2013 Total population: 20 to 24 years
343
2,974
14,948
2013 Total population: 25 to 29 years
583
3,994
18,672
2013 Total population: 30 to 34 years
558
3,818
16,624
2013 Total population: 35 to 39 years
433
3,372
13,652
2013 Total population: 40 to 44 years
352
2,766
10,982
DEMOGRAPHICS
DEMOGRAPHICS
Demographics for E Parmer Lane and Samsung Blvd, Austin, TX 78754
Population
1-mi.
3-mi.
5-mi.
2013 Total population: 45 to 49 years
283
2,650
10,120
2013 Total population: 50 to 54 years
251
2,469
9,280
2013 Total population: 55 to 59 years
219
1,939
7,447
2013 Total population: 60 to 64 years
151
1,417
5,306
2013 Total population: 65 to 69 years
107
954
3,484
2013 Total population: 70 to 74 years
64
667
2,219
2013 Total population: 75 to 79 years
41
487
1,682
2013 Total population: 80 to 84 years
21
355
1,099
2013 Total population: 85 years and over
17
290
1,037
11.02%
8.31%
9.45%
% 2013 Total population: 5 to 9 years
9.55%
7.28%
7.96%
% 2013 Total population: 10 to 14 years
8.08%
6.49%
6.38%
% 2013 Total population: 15 to 19 years
6.01%
6.10%
6.27%
% 2013 Total population: 20 to 24 years
6.55%
7.59%
8.97%
% 2013 Total population: 25 to 29 years
11.13%
10.19%
11.20%
% 2013 Total population: 30 to 34 years
10.65%
9.74%
9.98%
% 2013 Total population: 35 to 39 years
8.27%
8.60%
8.19%
% 2013 Total population: 40 to 44 years
6.72%
7.06%
6.59%
% 2013 Total population: 45 to 49 years
5.40%
6.76%
6.07%
% 2013 Total population: 50 to 54 years
4.79%
6.30%
5.57%
% 2013 Total population: Under 5 years
DEMOGRAPHICS
DEMOGRAPHICS
Demographics for E Parmer Lane and Samsung Blvd, Austin, TX 78754
Population
1-mi.
3-mi.
5-mi.
% 2013 Total population: 55 to 59 years
4.18%
4.95%
4.47%
% 2013 Total population: 60 to 64 years
2.88%
3.62%
3.18%
% 2013 Total population: 65 to 69 years
2.04%
2.43%
2.09%
% 2013 Total population: 70 to 74 years
1.22%
1.70%
1.33%
% 2013 Total population: 75 to 79 years
0.78%
1.24%
1.01%
% 2013 Total population: 80 to 84 years
0.40%
0.91%
0.66%
% 2013 Total population: 85 years and over
0.32%
0.74%
0.62%
2,638
20,691
89,060
858
6,640
25,171
44
266
1,800
516
4,357
12,819
5
32
132
2013 Some Other Race alone
2013 Two or More Races alone
2013 Hispanic
2013 Not Hispanic
% 2013 White alone
905
272
2,257
2,981
50.36%
5,591
1,614
14,310
24,881
52.80%
31,380
6,285
78,778
87,869
53.44%
% 2013 Black or African American alone
16.38%
16.94%
15.10%
% 2013 American Indian and Alaska Native alone
0.84%
0.68%
1.08%
% 2013 Asian alone
9.85%
11.12%
7.69%
% 2013 Native Hawaiian and OPI alone
0.10%
0.08%
0.08%
17.28%
5.19%
43.09%
14.27%
4.12%
36.51%
18.83%
3.77%
47.27%
2013 White alone
2013 Black or African American alone
2013 American Indian and Alaska Native alone
2013 Asian alone
2013 Native Hawaiian and OPI alone
% 2013 Some Other Race alone
% 2013 Two or More Races alone
% 2013 Hispanic
DEMOGRAPHICS
DEMOGRAPHICS
Demographics for E Parmer Lane and Samsung Blvd, Austin, TX 78754
Population
1-mi.
3-mi.
5-mi.
56.91%
63.49%
52.73%
1,008
11,622
52,776
77
3,447
19,995
1
62
319
18
1,675
7,703
2000 Not Hispanic: Native Hawaiian and OPI alone
1
13
71
2000 Not Hispanic: Some Other Race alone
2
36
222
20
409
2,200
70.64%
51.35%
42.60%
% 2000 Not Hispanic: Black or African American alone
5.40%
15.23%
16.14%
% 2000 Not Hispanic: American Indian and Alaska Native
alone
0.07%
0.27%
0.26%
% 2000 Not Hispanic: Asian alone
1.26%
7.40%
6.22%
% 2000 Not Hispanic: Native Hawaiian and OPI alone
0.07%
0.06%
0.06%
% 2000 Not Hispanic: Some Other Race alone
0.14%
0.16%
0.18%
% 2000 Not Hispanic: Two or More Races
1.40%
1.81%
1.78%
% 2013 Not Hispanic
2000 Not Hispanic: White alone
2000 Not Hispanic: Black or African American alone
2000 Not Hispanic: American Indian and Alaska Native alone
2000 Not Hispanic: Asian alone
2000 Not Hispanic: Two or More Races
% 2000 Not Hispanic: White alone
DEMOGRAPHICS
DEMOGRAPHICS
Demographics for E Parmer Lane and Samsung Blvd, Austin, TX 78754
Population Change
1-mi.
3-mi.
5-mi.
Total: Employees (NAICS)
n/a
n/a
n/a
Total: Establishments (NAICS)
n/a
n/a
n/a
2013 Total Population
5,238
39,191
166,647
2013 Households
1,636
14,268
58,886
Population Change 2010-2013
174
2,074
6,674
Household Change 2010-2013
-8
180
273
% Population Change 2010-2013
3.44%
5.59%
4.17%
% Household Change 2010-2013
-0.49%
1.28%
0.47%
Population Change 2000-2013
3,811
16,560
42,770
Household Change 2000-2013
1,109
6,240
11,040
% Population Change 2000 to 2013
267.06%
73.17%
34.53%
% Household Change 2000 to 2013
210.44%
77.73%
23.07%
DEMOGRAPHICS
DEMOGRAPHICS
Demographics for E Parmer Lane and Samsung Blvd, Austin, TX 78754
Housing
1-mi.
3-mi.
5-mi.
2000 Housing Units
543
8,292
49,625
2000 Occupied Housing Units
527
8,027
47,848
2000 Owner Occupied Housing Units
462
6,247
21,160
2000 Renter Occupied Housing Units
65
1,780
26,688
2000 Vacant Housings Units
16
264
1,777
% 2000 Occupied Housing Units
97.05%
96.80%
96.42%
% 2000 Owner occupied housing units
87.67%
77.82%
44.22%
% 2000 Renter occupied housing units
12.33%
22.18%
55.78%
2.95%
3.18%
3.58%
% 2000 Vacant housing units
DEMOGRAPHICS
DEMOGRAPHICS
Demographics for E Parmer Lane and Samsung Blvd, Austin, TX 78754
Income
2013 Household Income: Median
2013 Household Income: Average
2013 Per Capita Income
2013 Household income: Less than $10,000
1-mi.
$56,946
$60,599
$18,945
145
3-mi.
$59,135
$67,655
$24,751
567
5-mi.
$47,105
$58,697
$20,837
3,803
2013 Household income: $10,000 to $14,999
n/a
435
3,123
2013 Household income: $15,000 to $19,999
166
529
3,338
2013 Household income: $20,000 to $24,999
86
531
3,790
2013 Household income: $25,000 to $29,999
45
680
3,747
2013 Household income: $30,000 to $34,999
80
701
3,994
2013 Household income: $35,000 to $39,999
101
936
3,348
2013 Household income: $40,000 to $44,999
51
860
3,273
2013 Household income: $45,000 to $49,999
53
648
2,438
2013 Household income: $50,000 to $59,999
131
1,365
5,372
2013 Household income: $60,000 to $74,999
197
1,780
6,919
2013 Household income: $75,000 to $99,999
378
2,568
6,965
2013 Household income: $100,000 to $124,999
102
1,455
4,475
2013 Household income: $125,000 to $149,999
61
562
1,648
2013 Household income: $150,000 to $199,999
29
423
1,651
2013 Household income: $200,000 or more
11
228
1,002
8.86%
3.97%
6.46%
% 2013 Household income: $10,000 to $14,999
0.00%
3.05%
5.30%
% 2013 Household income: $15,000 to $19,999
10.15%
3.71%
5.67%
% 2013 Household income: $20,000 to $24,999
5.26%
3.72%
6.44%
% 2013 Household income: Less than $10,000
DEMOGRAPHICS
DEMOGRAPHICS
Demographics for E Parmer Lane and Samsung Blvd, Austin, TX 78754
Income
1-mi.
3-mi.
5-mi.
% 2013 Household income: $25,000 to $29,999
2.75%
4.77%
6.36%
% 2013 Household income: $30,000 to $34,999
4.89%
4.91%
6.78%
% 2013 Household income: $35,000 to $39,999
6.17%
6.56%
5.69%
% 2013 Household income: $40,000 to $44,999
3.12%
6.03%
5.56%
% 2013 Household income: $45,000 to $49,999
3.24%
4.54%
4.14%
% 2013 Household income: $50,000 to $59,999
8.01%
9.57%
9.12%
% 2013 Household income: $60,000 to $74,999
12.04%
12.48%
11.75%
% 2013 Household income: $75,000 to $99,999
23.11%
18.00%
11.83%
% 2013 Household income: $100,000 to $124,999
6.23%
10.20%
7.60%
% 2013 Household income: $125,000 to $149,999
3.73%
3.94%
2.80%
% 2013 Household income: $150,000 to $199,999
1.77%
2.96%
2.80%
% 2013 Household income: $200,000 or more
0.67%
1.60%
1.70%
DEMOGRAPHICS
DEMOGRAPHICS
Demographics for E Parmer Lane and Samsung Blvd, Austin, TX 78754
Retail Sales Volume
1-mi.
3-mi.
5-mi.
2013 Children's/Infants clothing stores
$440,753
$4,597,550
$17,057,145
2013 Jewelry stores
$152,781
$3,049,936
$9,275,167
2013 Men's clothing stores
$384,944
$4,211,966
$16,629,015
2013 Shoe stores
$477,167
$4,435,448
$19,491,533
2013 Women's clothing stores
$772,932
$6,551,815
$29,133,440
2013 Automobile dealers
$5,604,173
$57,745,942
$215,886,999
2013 Automotive parts and
accessories stores
$1,161,448
$12,116,541
$47,195,050
2013 Other motor vehicle dealers
$136,484
$2,929,314
$10,427,778
2013 Tire dealers
$621,015
$6,031,278
$22,533,159
$9,451
$63,711
$292,103
2013 Home centers
$100,602
$1,109,396
$4,117,692
2013 Nursery and garden centers
$155,594
$1,500,687
$5,601,909
2013 Outdoor power equipment stores
$114,522
$3,440,859
$9,879,474
$13,467
$65,707
$318,582
$1,041,475
$8,544,620
$33,518,113
$89,547
$782,739
$3,776,486
$2,605,245
$19,579,506
$79,041,125
$449,454
$3,297,843
$12,909,849
$1,596,893
$14,719,479
$60,615,487
2013 Hardware stores
2013 Paint and wallpaper stores
2013 Appliance, television, and other
electronics stores
2013 Camera and photographic
supplies stores
2013 Computer and software stores
2013 Beer, wine, and liquor stores
2013 Convenience stores
DEMOGRAPHICS
DEMOGRAPHICS
Demographics for E Parmer Lane and Samsung Blvd, Austin, TX 78754
Retail Sales Volume
1-mi.
3-mi.
5-mi.
2013 Restaurant Expenditures
$1,943,097
$15,063,345
$60,500,757
2013 Supermarkets and other grocery (except
convenience) stores
$6,554,906
$51,320,190
$221,375,491
$383,835
$5,617,384
$22,064,635
2013 Home furnishings stores
$1,904,701
$17,873,557
$62,745,781
2013 General merchandise stores
$7,630,802
$76,322,022
$295,793,659
2013 Gasoline stations with convenience stores
$5,084,501
$45,726,356
$186,679,231
2013 Other gasoline stations
$3,674,644
$32,602,124
$132,384,464
2013 Department stores (excl leased depts)
$7,478,021
$73,272,085
$286,518,489
2013 General merchandise stores
$7,630,802
$76,322,022
$295,793,659
$543,296
$4,784,905
$19,620,443
$1,643,495
$14,342,902
$58,745,856
2013 Pet and pet supplies stores
$449,420
$3,862,103
$16,902,688
2013 Book, periodical, and music stores
$143,469
$1,265,566
$5,186,691
2013 Hobby, toy, and game stores
$93,001
$1,291,521
$5,506,329
2013 Musical instrument and supplies stores
$59,223
$358,226
$1,619,779
2013 Sewing, needlework, and piece goods
stores
$70,443
$486,863
$2,192,389
$175,609
$1,442,744
$5,664,296
2013 Furniture stores
2013 Other health and personal care stores
2013 Pharmacies and drug stores
2013 Sporting goods stores
DEMOGRAPHICS
INFORMATION ABOUT BROKERAGE SERVICE
Approved by the Texas Real Estate Commission for Voluntary Use
Texas law requires all real estate licensees to give the following information
about brokerage services to prospective buyers, tenants, sellers and landlords.
IF THE BROKER REPRESENTS THE OWNER:
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 parties 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. 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 representation 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.
APPENDIX
A