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PropertyCountyLocationAPN/GEO IDSize / AcreageAsking PriceNotes
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601 E BeachGalveston CountyGalveston, TXN/A7.339 acres (~4.01 buildable)Cash: $25,000,000 / Seller Finance: $67,794,672💰 Cash Option:
Purchase Price: $25,000,000 (all-cash)
Closing Date: By October 26, 2025

📑 Seller Finance Option:
Purchase Price: $67,794,672
Down Payment: $10,847,148 (16%)
Note Principal: $56,947,524
Interest: 4.00% (interest-only)
Monthly Payment: ≈ $189,825 (IO)
Term/Balloon: 20 years, fully prepayable

Property Snapshot:
7.339 acres total; ~4.01 buildable
Up to 288 luxury condo units beside Palisade Palms
Palisade Palms comps: $900K–$2.3M (2008 builds), >$3M current listings
Avg DOM: 56 days at Palisade Palms
Parking satisfied: 28 spaces at 601 + 28 at Palisade
Ingress/egress via recorded easements
Seller reports control of ~26 adjacent parking lots
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Freeman BlvdBrazoria CountyAngleton, TX 77486GEO ID: 0133-0030-01416 acres$3,150,000Seller Finance Option:
Purchase Price: $3,150,000
Down Payment: $1,600,000
Financed Balance: $1,550,000
Interest: 3% (interest-only)
Monthly Payment: ≈ $3,875
Balloon: 3 years

Positioning:
Infill subdivision play in Columbia Lakes
Lot comps and new build comps support ~$3.15M valuation
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3 Bob Smith RdHarris CountyBaytown, TXN/ALots (combined)N/AInfill play with smaller assignment potential (~$40K–$50K total)
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County Rd 459DBrazoria CountyBrazoria, TX 77541APN: 3341-0042-0000.10 acresN/AQuick flip potential; lot comps show ~$40K–$60K nearby sales
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0 Gulf Pump RdHarris CountyCrosby, TX 77532N/A8,583 sqft each lotN/ATwo side-by-side lots; comp: 132 Texas Southern Dr sold $40K (0.07 acres, Aug 2025)
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11962 & 12028 FM 428Denton CountyAubrey, TX 76227N/A191 acres (w/ 4 houses, barns, arenas)$22,000,000Includes:
- 191 acres total
- 4 houses
- Barn
- Large shop
- Indoor & outdoor arenas
- FM 428 frontage, utilities in place

Comps:
- TBD FM 2931 (24.79 ac, sold Oct 2023, $3.28M → $132K/ac, 0.43 mi away)
- TBD McNatt Rd (14.4 ac, sold May 2024, $1.775M → $123K/ac, 1.84 mi away)

Value Justification:
- Comps support $123K–$132K per acre = $23.5M–$25.2M baseline land value
- Asking $22M = ~$115K/ac, BELOW comp range
- Plus 4 houses, barn, shop, and arenas included

Positioning:
Large tract in Denton County growth corridor
Suitable for subdivision, equestrian, or mixed-use development
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