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Home , Aransas Bay, Aransas Pass, Copano Bay, Redfish Bay

La Buena Rockport/AransasVida Pass, 78336

La Buena Vida

28.6-ACRE WATERFRONT RESIDENTIAL DEVELOPMENT OPPORTUNITY 28.6 ACRES Of leisure on the La Buena Vida Texas coastline. ROCKPORT/ EXCLUSIVE WATERFRONT COMMUNITY ACCESSIBILITY Adjacent to Estes Flats, & , popular salt water fishing spots for Red & Black drum Speckled Trout, and more. A 95-acre residential enclave with direct channel access to the Intracoastal IDEAL LOCATION Waterway, Redfish Bay, and others Nestled between the two recreational’ sporting towns of Rockport & Aransas Pass.

LIVE OAK COUNTRY CLUB

TX-35

35 TEXAS PALM HARBOR

N BAHIA BAY

ISLANDS OF ROCKORT

LA BUENA VIDA 35 TEXAS CITY BY THE SEA TX-35 35 TEXAS ARANSAS BAY GREGORY

PORT ARANSAS ARANSAS McCAMPBELL PASS PORTER AIRPORT

361 SAN JOSE ISLAND 361

361 INGLESIDE

INGLESIDE ON THE BAY REDFISH BAY PORT ARANSAS

MUSTANG BEACH AIRPORT

SPREAD 01 At Home in Rockport & Aransas Pass Intimate & Friendly Coastal Community

RECREATIONAL THRIVING DESTINATION ARTS & CULTURE

Opportunity for fishing, A strong artistic and waterfowl hunting, cultural identity boating, water sports, • Local art center camping, hiking, golf, etc. • Variety of galleries • Downtown museums • Cultural institutions

NATURAL MILD WINTERS & PARADISE WARM SUMMERS

Featuring some of the best Destination for “Winter birdwatching in the U.S. Texans,” those seeking Home to Aransas National reprieve from colder Wildlife Refuge, a protected climates. haven for the endangered and many other bird and marine species.

SPREAD 02 LA BUENAVIDA tHm nRcpr AransasPass At HomeinRockport& AMENITIES AREA ATTRACTIONS & ACRES 28.6 OF MAPEXTENT 5½MILES ROCKPORT SOUTH SALT LAKE COUNTRY CLUB ROCKPORT TEXAS 35 TEXAS MARITIME MUSEUM TEXAS 35 ACE HARDWARE ROCKPORT-FULTON SPREAD BLUE WAVE INN 03 HIGH SCHOOL ENROLLMENT: 944 PIZZA HUT IBC BANK POPEYES AQUARIUM AT ROCKPORT AMERICA’S BEST VALUE INN ROCKPORT ROCKPORT-FULTON HARBOUR MIDDLE SCHOOL ENROLLMENT: 731 HAMPTON INN FULTON ELEMENTARY

HOLIDAY INN ENTERPRISE BLVD. ENROLLMENT: 509 EXPRESS FULTON

SCHOOL FM 3036 FM SONIC DRIVEIN WHATABURGER ARANSAS COUNTY BURGER KING DAIRY QUEEN SUBWAY WALGREENS TACO BELL AIRPORT STADIUM DR. HARBOUR LIGHT COTTAGES HEB LA QUINTA MCDONALDS BEALLS O’REILLY FAMILY DOLLAR CINEMA 4

BROADWAY ST. INN

TAYLOR BLVD. WAL-MART LITTLE BAY LOCAL ATTRACTIONS HOTEL ANDLODGING SCHOOLS RETAIL /OFFICERESTAURANTS KEY ALLEGRO MARINA ALLEGRO FULTON BEACH KEY FULTON HARBOUR PARK THE LIGHTHOUSE INN -ROCKPORT THE INNAT FULTON MANSION HISTORIC STATE SITE ROCKPORT BEACH N N At Home in Rockport & Aransas Pass CANAL SUBDIVISIONS

ARANSAS COUNTY AIRPORT COPANO RIDGE

SALT LAKE FULTON COPANO COVE

35 TEXAS NORTH POINT MARINA HARBOR OAKS

ROCKPORT

CAPE VELERO PORT BAY

KEY ALLEGRO

35 TEXAS

AVG. HOME AVG. LAND SUBDIVISION PRICE ASSESSMENT RANGE*

Cape Velero $484,618 $52,176 - $87,476 Copano Cove $178,469 $81,006 Copano Ridge $357,400 $134,128 ARANSAS BAY Harbor Oaks $572,647 $264,485 Key Allegro $711,349 $385,120 Palm Harbor $310,857 $93,098 - $125,123 Bahia Bay $433,486 $170,605 Islands of Rockport $889,469 $385,120 La Buena Vida $960,047 $225, 794 - $440,103 35 TEXAS City by the Sea $435,000 $157,981 - $192,595

*Average land assessment range per acre

PALM HARBOR

BAHIA BAY

ISLANDS OF ROCKORT

LA BUENA VIDA

CITY BY THE SEA

REDFISH BAY

SPREAD 04 DEVELOPMENTLa Buena Vida READY Gated, waterfront community conveniently located between the city of Rockport and Aransas Pass, off I-35 North / FORT WORTH

DEVELOPMENT FEATURES

• Underground Utilities AUSTIN PORT OF • Curbed and Guttered Monument Entry SAN HOUSTON • Bulk Headed Waterfront ANTONIO • Private Marina Area & Boat Slips DRIVE TIMES: 2 hours to (147 miles) A portion of La Buena 3 hours to Houston (195 miles) Vida has been designated 3 hours to Austin (188 miles) for a bird sanctuary and wetland reserve N An Oasis for fishing and nature enthusiasts

LA BUENA VIDA

PHASE I PHASE II

Gulf Of

Seconds away from Estes Flats, home to world-class Redfish Bay redfish and Speckled Trout fishing

CITY BY THE SEA Less than 10 nautical miles to the ISLANDS OF ROCKPORT Port Aransas jetties for access to deep sea Intracostal Waterway fishing in the .

Peaceful views of the protected wetlands areas and bountiful, wildlife- populating wetlands.

28.6 ACRES 35 TEXAS 35 TEXAS SPREAD 05 ISLANDS OF ROCKPORT PHASELa Buena II READY FOR Vida DEVELOPMENT

CITY BY THE SEA 35 35 TEXAS TEXAS

28.6 ACRES

REDFISH BAY

The Good Life

PHASE II PLANNED AND PERMITTED RELATIVELY LOW ENTRY COST FOR • +/-28.6 Usable Acres Development Ready CONTINUED DEVELOPMENT • Utilities in place • Bulk Headed Waterfront Ideal for residential, mixed-use development, condo, • 742’ Frontage on TX-35 Business townhome or single-family development

N CONSTRUCTION & MAINTENANCE EASEMENT PER PLAT LA BUENA VIDA SUBDIVISION PHASE II

Wetland 28.6 Area ACRES

REDFISH BAY COMMON WETLAND AREA (400’ R.O.W.) LA BUENA VIDA DRIVE COMMON LAKE AREA (BUSINESS ROUTE) (120.0’ R.0.W.) LA BUENA VIDA DRIVE TEXAS GULF INTRACOSTAL WATERWAY 35 TEXAS

Approximate location LA BUENA VIDA flood zone A13 (EL.9) SUBDIVISION PHASE I COMMON AREA PHASE I SOLD OUT IN 9 MONTHS! COMMON AREA • 47 Large, Waterfront Lots • Underground utilities • Wide, Curbed/Guttered Streets LA BUENA VIDA PLAT PLAN • Private Marina

SPREAD 06 PHASE II READY FOR DEVELOPMENT PRIVATE MARINA

• 12-foot-wide Owned Slips • 20-foot-wide Lease Slips • Fish Cleaning Station • Ample Parking

COMPLETELY BULK HEADED WITH MARINA/ CANAL COMPLETE OUT TO REDFISH BAY

*Additional marina information available in the Offering Summary at the end of this package.

SURVEY

N

SPREAD 07 COMPLETELa Buena OFFERING Vida SUMMARY

CBRE is pleased to present Phase II of La Buena Vida, a gated waterfront residential community conveniently located between the outdoor sporting towns of Rockport and Aransas Pass off I-35 North. The 95-acre community provides direct channel access to the (ICW) and Redfish Bay. Phase I of La Buena Vida sold out in roughly nine months, and Phase II is already primed for development. All utilities are underground, streets are wide, curbed and guttered, completely bulk headed, and there is a private marina.

This waterfront community is only seconds away from Estes Flats where dramatic bay fishing for redfish, trout and flounder, to name a few, can be found. It is less than 10 nautical miles to the Port Aransas jetties for access to the Gulf of Mexico and world-class bill fishing. Intracoastal waterway frontage lots have wide open easterly views of Estes Flats. Lakefront lots allow for private docks and deep boating channel access to the ICW, and peaceful views of the protected wetland areas (almost 20 acres of wetlands) and the bountiful wildlife that populates the reserve. Nature enthusiasts will find more bird watching opportunities in nearby Rockport than almost anywhere else in North America, including nesting whooping cranes in the large Aransas National Wildlife Refuge.

PHASE I PHASE II • Currently, Phase I of La Buena Vida contains • Phase II of La Buena Vida totals ±28.6 47 waterfront lots measuring not less than one usable acres and is now ready for higher- half acre each. density development • Sold out in roughly nine months • Land is permitted and ready to go, utilities in • All utilities are underground, streets are wide, place curbed and guttered, and there is a private • Ideal opportunity for multifamily, condo, marina area. townhome, or single-family • Completely bulk headed • 742’ frontage on TX-35 Business • Asking Price $7 million

SPREAD 08 COMPLETELa Buena OFFERING Vida SUMMARY

ROCKPORT INFORMATION

MARINA INFORMATION The City of Rockport is located on a peninsula, surrounded by water on three sides including and Aransas Bay, and rests seven The La Buena Vida development includes a private marina that feet above sea level. Within the area, there are pockets of freshwater contains 12 twelve-foot-wide ‘owned slips”, and six (6) twenty-foot- emergent wetlands, freshwater forested/shrub wetlands, and freshwater wide “lease slips”, a fish cleaning station and ample parking. Ten ponds. These wetlands create habitats for many species of birds, fish, (10) of the owned slips have been purchased by Lot owners, and and amphibians. The coastal areas within the region also include two remain available for purchase from LBV Development, LLC. estuarine wetlands, which offer critical breeding, resting, feeding, and Owners are allowed to install boat lifts, and electricity and water nursery grounds for a large variety of waterfowl, fisheries, endangered service are available. The slip owners pay an annual Marina species, birds, and mammals. The area of Rockport thrives on activities Assessment of $200 to the POA to cover utilities and property tax. related to these wetlands; such as commercial fishing, shrimping, bird watching, sport fishing, kayaking, and boating. Boats of up to maximum 42 ft length overall (LOA) can be accommodated in one of six slips currently available for lease Rockport is least developed along State Highway 35, where the land from the POA. The distance from the marina bulkhead across to is covered with deciduous forest and scrub/shrub vegetation. On the the Phase II bulkhead is approximately 250 ft, providing ample northwest side there is a mix of palustrine and estuarine wetlands, space for maneuvering. The LBV marina and lake channels were grasslands, and herbaceous lands. The central region of Rockport is originally dredged to 10 ft depth. In May 2009 and July 2012, developed open space, which includes some herbaceous grasslands. depths were again surveyed with shallow areas found only up A few small palustrine and estuarine wetlands dot this region. The against the north and south bulkheads of the channel entrance area includes Rockport Country Club. This is not a densely developed from the ICW. region. The northern expanse of the city is also developed open space, predominately occupied by the Aransas County Airport, which is Marina admittance is restricted to Lot owners, their family largely utilized by the military, air-taxis, and in emergency situations. and bona fide guests. The subdivision is actively patrolled by Constable and Sheriff offices to assure no trespassing or Source: City of Rockport, State of Community Report 2016 unauthorized use. To provide safety and comfort for all owners and guests in the marina, adherence to the Dockside Rules and Regulations is required.

SPREAD 09 La Buena Vida

COMPLETE OFFERING SUMMARY

ROCKPORT INFORMATION - CONTINUED

Much of the downtown area and Business Route 35 lie in either the is a picnic area with a playground, and two nature trails. Adjacent is a 100-year or 500-year floodplain. This includes Key Allegro, an affluent 6,000 foot Skate Park. Memorial Park is a 100+ acre community park neighborhood that sits on an island between Aransas Bay and Little Bay, with recreational trails, sporting fields, exercise stations, birding sites, which is entirely in the floodplain. picnic facilities and the Rockport Dog Park. Rockport Beach Park offers gulf shoreline recreation, complete with playgrounds, a fishing pier, boat There are three areas of the city that include high-intensity development: ramp, picnic areas, and a cold water pool. , 1) north where the City of Rockport borders the Town of Fulton (includes a 321-acre island park, is located north of Rockport. Texas Parks and several hotels, restaurants, a movie theater), 2) south which includes Wildlife maintains the park. Activities include camping, hiking, fishing, schools and Walmart, and 3), further south with many public facilities/ boating, wildlife observation and photography. It offers a 1,620-foot institutions. fishing pier, boat launch and fish cleaning station.

Rockport has two harbors. Rockport Harbor is located downtown and The City of Rockport Water Storage and Distribution Department Cove Harbor is located on the south side of the city. These harbors maintains and services over 9,000 water connections, over 100 miles of provide a variety of services such as docks, boat slips, fish-cleaning waterlines, three elevated water towers, and two, in-ground water tanks. stations, restrooms, laundry, mailboxes, and access to land transportation. The Wastewater Collection and Treatment Department also maintains and services over 4,000 sanitary sewer connections and over 60 miles The Gulf Intracoastal Waterway, a 1,300-mile, man-made canal of sanitary sewer lines. Both departments follow guidelines provided by extending along the Gulf of Mexico from Brownsville, Texas to St. Marks, the Texas Commission on Environmental Quality and the Florida, is part of the larger Intracoastal Waterway that continues along Environmental Protection Agency, and run routine inspections on all the Atlantic seaboard. Cargo carried on the waterway are typically systems. crude and petroleum products, iron and steel, building materials, fertilizers, liquid sulfur, and other bulk products. Commercial fishing The City of Rockport is one of five communities included in the Aransas fleets and recreational boaters can readily access the Gulf of Mexico County Independent School District. The school district is an independent via the this waterway as well. The Aransas County Navigation District county-wide school system serving a 486-square mile area, and 3,316 is responsible for maintaining and improving public waterways and students. Other communities in the district are Holiday Beach, Lamar, public waterfront facilities in the County, with five main facilities under its Fulton, and the northern part of Aransas Pass. Five schools make up the jurisdiction: Rockport Harbor, Fulton Harbor, Cove Harbor, Copano Bay district: Little Bay Primary School (Pre-K through Kindergarten), Live Oak Fishing Pier, and the Rockport Beach. 1-3 Learning Center (Grades 1-3), Fulton 4-5 Learning Center (Grades Aquatic Park is open year-round. The park contains an 8-lane, heated, 4-5), Rockport-Fulton Middle School (Grades 6-8), and Rockport-Fulton 25-yard pool and diving area, a whale shaped zero-depth children’s pool High School (Grades 9-12). with slides and sprays, and a bathhouse. Adjacent to the Aquatic Park

Source: City of Rockport, State of Community Report 2016 SPREAD 10 28.6-ACRELa WATERFRONT Buena RESIDENTIAL DEVELOPMENT Vida OPPORTUNITY

SPREAD 11 © 2017 CBRE, Inc. The information contained in this document has been obtained from sources believed reliable. While CBRE, Inc. does not doubt its accuracy, CBRE, Inc. has not DARIN GOSDA verified it and makes no guarantee, warranty or representation about it. It is your responsibility to independently confirm its accuracy and completeness. Any projections, opinions, SR. VICE PRESIDENT assumptions or estimates used are for example only and do not represent the current or future performance of the property. The value of this transaction to you depends on tax and other factors which should be evaluated by your tax, financial and legal advisors. You and your advisors should conduct a careful, independent investigation of the property Tel: 713 577 1819 to determine to your satisfaction the suitability of the property for your needs. [email protected]