±96 Acres Future Buffalo Speedway | Houston, Texas

Jeff Lokey | Ryan Sweeney | 281.477.4300 Available for Sale

Meyerland

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Airport Blvd. H i r a m C l a r k R d .

Approximately 96 Acres Future Buffalo Speedway | Houston, Texas Property Description Willis

The shown land tract is approximately 96 acres of bank-owned, 105 unimproved land situated along the future extension of Buffalo Cleveland Speedway at Holmes Road in southwest Houston. Only about 5 miles from the Texas Medical Center, this Conroereal estate opportunity provides an unparalleled alternative to the high priced land in the Galleria and other tracts near the 610 inner-loop.

45 The extension of Buffalo Speedway is expected to be under way before the end of 2014. An overpassThe over Holmes Road is planned, Woodlands as well as, the expansion of Holmes Road. As one of the largest contiguous undeveloped properties in Harris County, this is one of 20 Miles last remaining opportunitiesTomball of its kind in proximity to Houston’s downtown, Medical Center, Galleria and the south and southwest Houston markets.

5 Miles Highest and best use: Investment, industrial1960 and/or mixed use Cypress

Price: $2.25 PSF 8 Utilities: Harris County MUD 498 School District: Houston ISD 249

59 36

45 90 10 Miles 290 6 610 8

10 Katy Downtown 10

59 60

90 Sugar 45 Land

288 Pearland

36 59 60 Contact Jeff Lokey Ryan Sweeney 281.477.4380 281.477.4386 [email protected] [email protected]

60 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. Information About Brokerage Services

Before working with a real estate broker, you should IF THE BROKER REPRESENTS THE BUYER: know that the duties of a broker depend on whom the The broker becomes the buyer’s agent by entering into broker represents. If you are a prospective seller or land- an agreement to represent the buyer, usually through - lord (owner) or a prospective buyer or tenant (buyer), a written buyer representation agreement. A buyer’s structs the broker in writing not to disclose unless you should know that the broker who lists the property agent can assist the owner but does not represent the authorized in writing to disclose the information or for sale or lease is the owner’s agent. A broker who acts required to do so by The Texas Real Estate License as a subagent represents the owner in cooperation with The owner should not tell a buyer’s agent anything the Act or a court order or if the information materially the listing broker. A broker who acts as a buyer’s agent owner would not want the buyer to know because a relates to the condition of the property. represents the buyer. A broker may act as an intermedi- buyer’s agent must disclose to the buyer any material ary between the parties if the parties consent in writing. information known to the agent. A broker can assist you in locating a property, prepar- With the parties’ consent, a broker acting as an in- IF THE BROKER ACTS AS AN INTERMEDIARY: termediary between the parties may appoint a person representing you. A broker is obligated by law to treat A broker may act as an intermediary between the par- who is licensed under The Texas Real Estate License you honestly. ties if the broker complies with The Texas Real Estate Act and associated with the broker to communicate License Act. The broker must obtain the written con- with and carry out instructions of one party and an- IF THE BROKER REPRESENTS THE OWNER: sent of each party to the transaction to act as an inter- other person who is licensed under that Act and asso- The broker becomes the owner’s agent by entering into mediary. The written consent must state who will pay ciated with the broker to communicate with and carry an agreement with the owner, usually through a written the broker and, in conspicuous bold or underlined print, out instructions of the other party. - listing agreement, or by agreeing to act as a subagent set forth the br ker’s obligations as an intermediary. The by accepting an offer of subagency from the listing bro- broker is required to treat each party honestly and fairly If you choose to have a broker represent you, ker. A subagent may work in a different real estate of- and to comply with The Texas Real Estate License Act. you should enter into a written agreement with the A broker who acts as an intermediary in a transaction: broker that clearly establishes the broker’s obligations but does not represent the buyer and must place the (1) shall treat all parties honestly; and your obligations. The agreement should state how (2) may not disclose that the owner will accept a and by whom the broker will be paid. You have the the owner’s agent anything the buyer would not want price less than the asking price unless authorized in right to choose the type of representation, if any, you the owner to know because an owner’s agent must dis- writing to do so by the owner; wish to receive. Your payment of a fee to a broker close to the owner any material information known to (3) may not disclose that the buyer will pay a price does not necessarily establish that the broker rep- the agent. greater than the price submitted in a written offer resents you. If you have any questions regarding the unless authorized in writing to do so by the buyer; duties and responsibilities of the broker, you should and 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.

The information herein while based on data supplied by sources deemed reliable, is subject to errors or omissions and is not, in any way, warranted by NewQuest Properties or by any agent, independent associate or employee of NewQuest Properties. This information is subject to change without notice. 7/1/2014