7,343 ACRES – KIMBLE/MASON CTYS EPIC LEGACY OFFERING
Transcription
7,343 ACRES – KIMBLE/MASON CTYS EPIC LEGACY OFFERING
7,343 ACRES – KIMBLE/MASON CTYS EPIC LEGACY OFFERING BIG SPRINGS RANCH 7,343 ACRES – MASON/KIMBLE COUNTIES BIG SPRINGS RANCH LOCATION: This iconic and historic ranch, once a major part of the holdings of legendary Texas pioneer Capt. Charles Schreiner, is located on gravel County Road 430 (Mill Creek Road), gravel County Road 4301 (East Mill Road), gravel County Road 431 and paved SH 385 about 15 miles NW of Harper (supplies, feed, restaurant, basics), on the Kimble/Mason County line. Still held by Schreiner descendants to this day, this portion has never been offered for sale outside of family. The highway and county road frontage is extensive, totaling about 15 miles, yet there is virtually no traffic on any of them. This is about 20 miles from both Junction (5,000’ paved, lighted airstrip) to the SW, and prized Mason to the north, in the western part of the Texas Hill Country. Both of these communities have grocery stores, shops, medical clinics and restaurants. Fredericksburg is about 45 miles east (good hospital, extensive shopping/restaurants), Kerrville (university, box stores, many resources) is 45 miles southeast on I-10, and Llano is about 55 miles NE. San Antonio (nation’s 7th largest city, international airport, major medical) is about 85 miles south, and Austin and San Angelo are both about 100 miles distant. This is a decidedly rural area, in big ranch country, not frequented by hordes of people. Cattle, sheep, deer and outdoor recreation rule this part of the Hill Country, and it is a rare, pristine zone that has much appeal to those searching for the feel of bigger country, yet still only 1.5 hours or slightly more from 3 large, vibrant cities, and 45 miles to the nearest Wal-Mart or Lowe’s. WATER: A major feature of this premier offering is the superior surface water resources, including about 4 miles of both sides of the pristine James and Little Devil’s Rivers, both of which are fed by large springs, some of which are located on the ranch. Live Oak Springs, estimated at 250 gpm flow, is a landmark to the area, and gushes forth from a springbox near Mill Creek Road, carving a unique path through the limestone as it winds beneath rock outcrops to its confluence with the Little Devil’s River. This is one of the primary water sources for this stretch of river, which has never been known to go dry per locals. There is reputed permanent surface flow on all but the first ½ mile or so of James River where it enters the NW pasture, where the flow is strictly seasonal. It seeps out of the limestone into a series of water-lily lined rock holes that are floatable by humans and teeming with fish, in the NW pasture, and has a wide, rock/gravel bottom streambed. ©2014 Culver/LANDTX Inc. – All Rights Reserved It then crosses Mill Creek Road and is joined by outflow from Live Oak Springs, which substantially increases total flow and creates a riparian system that is expansive and dominated by Karst limestone features. This rugged environment is difficult to access, which is precisely why it remains so pristine. The number of European descendants who have seen the confluence of the James and Little Devil’s Rivers likely numbers in the dozens, not hundreds, and most of them were probably on a horse. The stunning rock streambeds are up to 125 yards wide, and in some cases bounded by cliffs up to 100’ tall, creating a mystical environment that is unique to this part of the Texas Hill Country. A number of floatable/swimmable holes are found, some perhaps up to 8’ deep, all in unforgettable settings of seclusion and natural grandeur. A large lake of up to 4 acres (when full) is located at the head of a highly interesting, spring-fed canyon, which is said to flow water all of the time, in beautiful, shaded settings beneath limestone cliffs. The creek includes falls, fern-lined pools and overhanging trees, in an exquisitely exotic setting in the center of one of the pastures. There are several surface tanks that hold water seasonally scattered across the ranch, and the water system includes a total of about 8 wells with piping to several troughs. Groundwater for livestock is found at about 200’ in this area, and there are high volume wells located in proximity to the ranch, see groundwater map. For further information on area groundwater, please contact the Hickory Underground Water Conservation District (http://www.hickoryuwcd.org/) and/or the Kimble County Groundwater Conservation District (http://www.co.kimble.tx.us/). LAND: A good variety of valleys, hills, creeks, rivers and plains comprises this classic Hill Country ranch, with elevation changes of close to 500’ from top to bottom. It has historically been ranched for cattle and goats, and leased out for hunting. Both the ranching and hunting operations have been tightly managed, and an ongoing brush control program has resulted in high protein forbs and grasses for wildlife and livestock, note the strip clearing visible on the aerial photographs. Whitetail deer, turkey, dove, varmints, waterfowl and feral hogs are found in abundance here, and the hunting is rated as superior. The ranch is divided by public roads into three primary sections, the South, Northwest and Northeast. The South section (Chimney Hollow, 3,432 acres) lies south of paved SH 385, and contains a mix of about 50% plains/bottoms and 50% hills/tops. The ridges are bisected by nice valleys containing good clay soil and large oak, elm, walnut and other hardwood trees, and tall native and introduced grasses and turfs. Hillsides are caliche clay with rock outcrops, and are primarily covered by cedar, Spanish oak and native grasses, while the tops are clay with rubble and rock outcrops, and boast outstanding long distance views in all directions. ©2014 Culver/LANDTX Inc. – All Rights Reserved The Northwest section (Rock Springs, 1,671 acres) lies north of SH 385, and is bounded by Mill Creek Road along its eastern boundary. The primary features of this tract include 200’ tall Joy Mountain near its southern center on the highway, and the James River which flows through the northern portion for about 1.5 miles (about 1/3 of which has strong flow). The land is mostly gently rolling plains with scattered large oaks, roller chopped shrubs, and good stands of native and introduced tall grasses and turfs. Joy Mountain provides breathtaking views and scenic limestone cliffs, and the James River allows for fishing, floating and wading. The Northeast section (Live Oak Springs, 2,240 acres) lies east of Mill Creek Road, and north of East Mill Road, and offers about 2.5 miles of both sides of two everflowing rivers, the James and the Little Devil’s. These rivers are said to possess permanent flow in this area, and several nice swimming/floating holes are delightful and refreshing. A large lake of 4 acres (when full) is present here, as is the aforementioned private spring creek. The land varies from gently rolling plains to river and creek breaks, with good cover of hardwoods present in most areas, and wide swaths of roller chopped shrubs. Views of the surrounding hills are outstanding, and wildlife is abundant. IMPROVEMENTS: There are several dwellings located in the South section, including a residential compound with several carports, 3 houses, and room to sleep up to 8 or 10 people. These are of stone and wood construction and in good condition, with nice porches and shade trees. Another wood/stone ranch-style home is located nearby, and outbuildings are adequate for normal ranch operations. A good set of gathering and working pens is located here as well, and another small dwelling is located on the county road near the SE corner of the South section. Other improvements include fencing and cross fencing, up to 8 water wells, several troughs, hunting shacks, sheds and electricity at strategic locations. Most of these improvements are in fair to good condition, and ranch roads are adequate but not topped and ditched, other than the main road to the headquarters area. FINANCIAL/TITLE: Listing Price is $2,950/acre = $21,667,500. Owners will provide current survey and basic title insurance. Mineral conveyance is negotiable. There are no pipelines or large electric transmission lines on the ranch, and no neighbor easements to pass thru any portion thereof. The property lies in both the Harper Independent and Mason Independent School Districts is served by Pedernales Electric Cooperative and has estimated annual property taxes of $6809. This property is colisted with Marshall Kuykendall, Kuykendall Land Co., 512.585.5565, [email protected]. ©2014 Culver/LANDTX Inc. – All Rights Reserved The property may also be purchased by the section, with the following breakdown: South Section (Chimney Hollow) – 3,432 acres @ $2,250/acre Northwest Section (Rock Springs) – 1,671 acres @ $2,650/acre Northeast Section (Live Oak Springs) – 2,240 acres @ $4,250/acre SUMMARY: Big Springs Ranch is a true legacy-type offering, including some of the strongest and most reliable surface water flow in the Texas Hill Country. If you seek real ranching and hunting country, with multiple drought-proof water sources, grand vistas and secluded yet accessible location, we welcome your inquiries and inspections. This is the first offering of this land outside of family in over 100 years, and is the most significant land offering presently in the area. The information contained herein has been diligently assembled and is deemed reliable, but is not warranted by Broker or Seller, express or implied, and is subject to change, prior sale, errors and/or omissions and withdrawal from market. Buyers must verify accuracy of representations on their own, as well as investigate potentially pertinent natural attributes, laws and regulations, and draw their own conclusions regarding the usefulness and value of the property for a given purpose. Viewing appointments scheduled with LANDTX staff only. SHOWN BY APPOINTMENT ONLY – DO NOT TRESPASS. Buyer’s brokers must be identified on first contact, and must accompany buying prospect on first showing to be allowed full fee participation. If this condition is not met, fee participation will be at sole discretion of LANDTX, David E. Culver, broker. ©2014 Culver/LANDTX Inc. – All Rights Reserved Eden Lampasas 83 30 Miles Menard Mason £ ¤ 77 BIG SPRINGS RANCH 290 £ ¤ Fredericksburg Johnson City 41 Austin Blanco Rocksprings £ ¤ £ ¤ New Braunfels San Antonio Luling Seguin £ ¤ 90 £ ¤ U V £ ¤ £ ¤ 281 83 Gonzales £ ¤ 1U 73 V 35 § ¦ ¨ TTrr ii C C oo uu nn tt yy R RM M 11 22 22 11 Mason SS H H 22 99 SS uu ee r r vv i l i l ll ee R RM M LL ee oo nn R R ii v v ee rr SS ii l l ll e e ee JJ SS ii m m oo nn ss vv ii ll ll ee M M ii ll ll s s yy nntt oouu t yy n t u n oo u CC 2 3377 2 a dd RRoo a ll M Mii l l 2 3322 2 LL a a 44 77 22 R Ro oa a dd U U SS 8 3 83 C C oo uu nn tt y y ee l lgg II HH C C hh ee rr rr yy SS pp rr i i nn g nngg g rri i C rr ee ee k n C PPee ccaa n k 1100 11 00 II H H 11 0 0 KKcc 44 7766 Harper M FF M ACCURACY OF MAPS NOT GUARANTEED © 2014 Culver/LANDTX INC. All Rights Reserved II H H JJ uu n n gg O O ll dd U U SS 22 99 00 tt CCuu HH aa rr pp ee rr i ee i ee rr m iim ~4 mi. to FBG I IHH 6 Miles aa i inn GG ~79 mi. to Austin 1100 i iaa vv oo W Wee nn dd ee ll SSee gg UU SS 88 33 3 C C rr ee n w n we e r nnee r M M aa l ldd OO R RM M 44 77 99 1 inch = 6 miles 0 44 77 00 ll 1100 R M Mi i l l R M 66 44 88 RM C Co ou un nt t yy SS I IHH RR oo aa dd nn nn hh ee 33 7 7 77 Entrance --- Entrance Cedar Springs Springs Ranch Ranch Rd Rd Cedar R RM M 33 8 5 85 r vv ee r CCrr ee ee kk ggiillll aadd rree h TT h c hh BB rraann c s e s gg e n tt yy R R oo a uu n a dd 4 oo 4 11 0 CC 0 Junction e kk CCrr ee e l ltt W W FF M M 22 11 66 99 SS aa BIG SPRINGS RANCH dd ooaa RR 11 6 6 77 44 88 77 ss aa m m C C C C rr e e ee kk 77 33 7 7 U U SS MM RR 1155 22 UU 7711 1188 M RR M 33 22 1177 9 88 9 33 22 nn BBaa K K ii dd dd 183 M RR M C C rr ee e e kk £ ¤ Karnes City 77 88 SS aa ll ii nn ee 77 £ ¤ Cuero UU PP rr 181 Pleasanton~27 mi. to Brady EE rr nn aa Pearsall 183 £ ¤ § ¦ ¨ 87 £ ¤ £ ¤ 3 7 § ¦ Floresville ¨ 410 ~6 mi. to Llano 57 £ ¤ La Pryor Hallettsville 90 Hondo 90 Sabinal Uvalde UU Schulenburg 10 § ¦ ¨ 151 _ ^ U U SS 88 33 La Grange Lockhart Boerne Bandera Leakey R RM M 183 £ ¤ 281 83 rackettville 290 Wimberley Kerrville £ ¤Giddings £ ¤ 290 UU nn ii oo £ ¤ 377 79 £ ¤ 35 § ¦ ¨ Marble Falls D D oo ss ss C C hh ee rr rr yy S S pp 10 § ¦ ¨ 71 16 £ ¤ 19 R RM M 11 99 00 00 _ ^ Junction 87 £ ¤ Burnet K K ee yy ss 377 £ ¤ ra Llano www.landtx.com 830.997.8616 183 £ ¤ R R ee e h eh 15 ~7343.05 ac Kimble/Mason Cntys A A rr tt 0 R RM M 77 88 33 R Temple 71 O Of f ff ado Brady £ ¤ 1 inch = 33 Miles 9 33 ~ 83 mi. to San Antonio Copyright:© 2013 National Geographic Society, i-cubed 22 00 9 99°24'45"W 30°30'0"N 99°22'30"W Kimble Co Co Kimble 99°21'45"W 99°21'0"W 99°20'15"W ~7343.05 acres Kimble/Mason Cntys www.landtx.com 830.997.8616 30°30'30"N l l Rd E Mi -3Highest Elevation 1800 ft. ! ( Mason Co Co Mason 99°23'15"W -3Lowest Elevation 1600 ft. ! ( -2Lowest Elevation 1640 ft. 30°30'30"N 99°24'0"W ! ( 99°25'30"W M i l l C rr ee ee k R Rd 99°26'15"W 30°30'0"N 3 30°29'30"N 2 30°29'30"N 44 33 00 11 -2Highest Elevation 1980 ft. 30°29'0"N CC RR 30°29'0"N 30 CR 4 ! ( 30°28'30"N 30°28'30"N Entrance n ri ! ( RR M M Rd g ss R aa n c h 33 88 55 -1Lowest Elevation 1720 ft. 30°27'30"N Headquarters 1 inch = 3,239 feet 0 1,100 2,200 Feet ACCURACY OF MAPS NOT GUARANTEED © 2014 Culver/LANDTX INC. All Rights Reserved IMAGE DATE: 06/28/2012 99°26'15"W 99°25'30"W -1Highest Elevation 2082 ft. 99°24'45"W Topography of Big Springs Ranch 99°24'0"W 30°27'0"N 1 - Chimney Hollow (~3432.02 ac) 431 2 - Rock Springs CC RR 30°27'0"N 30°28'0"N ! ( p CC ee d r S d a 30°27'30"N R ! ( 1 ! ( 30°28'0"N 99°23'15"W 99°22'30"W (~1670.70 ac) 3 - Live Oak Springs (~2240.33 ac) Copyright:© 99°21'45"W 201399°21'0"W National Geographic Society, i-cubed 99°20'15"W 99°27'0"W 99°26'0"W ~7343.05 acres Kimble/Mason Cntys 99°25'0"W 99°24'0"W 99°23'0"W 99°22'0"W 99°21'0"W 99°20'0"W www.landtx.com 830.997.8616 30°30'0"N 30°30'0"N W V 30°29'10"N State Well #: 80405 Driller's Report Water Level: - 80 ft Well Depth: N/A Yield: 100+ GPM W V 1 W V W V BSR-Chimney Hollow Owner Data Water Level: N/A Well Depth: N/A Yield: N/A Well Use: Ranch 30°27'30"N BSR-Rock Springs Owner Data Water Level: N/A Well Depth: N/A Yield: N/A Well Use: Ranch W V W V W V BSR-Live Oak Springs Owner Data Water Level: N/A Well Depth: N/A Yield: N/A Well Use: Ranch 30°28'20"N BSR-Chimney Hollow Owner Data Water Level: N/A Well Depth: N/A Yield: N/A Well Use: Ranch BSR-Chimney Hollow Owner Data Water Level: N/A Well Depth: N/A Yield: N/A Well Use: Ranch W V W V State Well #: 218858 Driller's Report Water Level: - 214 ft Well Depth: 310 Yield: 30 GPM 30°26'40"N W V R W V State Well #: 5637602 GWDB Data Water Level: N/A Well Depth: 202 ft Yield: N/A Well Use: Stock 1,450 2,900 Feet ACCURACY OF MAPS NOT GUARANTEED © 2014 Culver/LANDTX INC. All Rights Reserved 30°25'0"N 99°27'0"W 99°26'0"W 99°25'0"W 99°24'0"W 30°27'30"N BSR-Chimney Hollow Owner Data Water Level: N/A Well Depth: N/A Yield: N/A Well Use: Ranch 30°26'40"N State Well #: 59179 Driller's Report Water Level: - 150 ft Well Depth: 220 ft Yield: 6 GPM ( & State Well #: 179432 Driller's Report Water Level: - 120 ft Well Depth: 280 ft Yield: 12+ GPM ( & Groundwater of Big Springs Ranch W V 99°23'0"W 30°25'50"N 1 - Chimney Hollow (~3432.02 ac) State Well #: 5638401 GWDB Data Water Level: N/A Well Depth: 125 ft Yield: N/A Well Use:Domestic 1 inch = 4,333 feet 0 BSR-Chimney Hollow Owner Data Water Level: N/A Well Depth: N/A Yield: N/A Well Use: Ranch State Well #: 5637601 GWDB Data Water Level: N/A Well Depth: 180 ft Yield: N/A Well Use:Domestic ( & 30°25'50"N W V State Well #: 5637301 Owner: BSR-Live Oaks Springs GWDB Data Water Level: N/A Well Depth: 0 ft Yield: N/A Well Use:Unused W V State Well #: 5637202 GWDB Data Water Level: N/A Well Depth: 235 ft Yield: N/A Well Use:Domestic State Well #: 5638201 GWDB Data Water Level: N/A Well Depth: 157 ft Yield: N/A Well Use:Stock 30°29'10"N ( & State Well #: 5637201 GWDB Data Water Level: N/A Well Depth: 135 ft Yield: N/A Well Use:Stock 30°28'20"N 3 2 BSR-Chimney Hollow Owner Data Water Level: N/A Well Depth: N/A Yield: N/A Well Use: Ranch W V 2 - Rock Springs 99°22'0"W (~1670.70 ac) 3 - Live Oak Springs (~2240.3330°25'0"N ac) Copyright:© 2013 National Geographic 99°21'0"W 99°20'0"W Society, i-cubed 99°25'30"W 99°25'0"W 99°24'30"W www.landtx.com 830.997.8616 30°30'30"N 30°30'0"N M i l l C rr ee ee k R Rd 99°26'0"W ~7343.05 acres Kimble/Mason Cntys 99°24'0"W 99°23'30"W 99°23'0"W 99°22'30"W 99°22'0"W 99°21'30"W 99°21'0"W 99°20'30"W 99°20'0"W 30°30'30"N l l Rd E Mi 30°30'0"N Mason Co Co Mason Kimble Co Co Kimble 3 30°29'30"N 2 44 33 00 11 30°29'30"N 30°29'0"N CC RR 30°29'0"N 30 CR 4 30°28'30"N 30°28'30"N Entrance 30°28'0"N ! ( RR M M ss R aa n c h R d ng i r Sp 33 88 ! ( 1 CC ee d r d a 30°27'30"N 30°28'0"N 55 30°27'30"N Headquarters Aerial of Big Springs Ranch 30°27'0"N 1 inch = 3,239 feet 0 1,100 2 - Rock Springs CC RR R 30°27'0"N 1 - Chimney Hollow (~3432.02 ac) 431 2,200 Feet ACCURACY OF MAPS NOT GUARANTEED © 2014 Culver/LANDTX INC. All Rights Reserved 99°26'30"W IMAGE DATE: 06/28/2012 99°26'0"W 99°25'30"W 99°25'0"W 99°24'30"W 99°24'0"W 99°23'30"W 99°23'0"W 99°22'30"W 99°22'0"W (~1670.70 ac) 3 - Live Oak Springs (~2240.33 ac) 99°21'30"W 99°21'0"W 99°20'30"W 99°20'0"W ~7343.05 acres Kimble/Mason Cntys 99°25'30"W M i l l C rr ee ee kk R Rd 99°26'15"W 99°24'45"W 30°30'30"N www.landtx.com 830.997.8616 30°30'0"N 99°24'0"W 99°23'15"W 99°22'30"W 99°21'45"W 99°21'0"W 99°20'15"W 30°30'30"N ll R d E Mi 30°30'0"N Mason Co Co Mason Kimble Co Co Kimble 3 Soils of Big Springs Ranch 30°29'30"N 30°29'30"N 018B - Pedernales fine sandy loam, 1-3% slopes 019B - Menard fine sandy loam, 1-3% slopes 00 11 2 44 33 039BD - Hensley stony loam, 1-5% slopes RR 30°29'0"N 30°29'0"N CC 040BD - Brackett cobbly clay loam, 5-12% slopes 040F - Brackett cobbly loam, 20-40% slopes 30 CR 4 044BD - Eckert-Rock outcrop complex, 1-15% slopes 30°28'30"N 30°28'30"N 044EF - Eckert-Rock outcrop complex, 15-40% slopes 051 - Riverwash-Rock outcrop complex, frequently flooded 057BC - Cho clay loam, 1-3% slopes 1 CC ee dd 30°27'30"N 30°28'0"N CoC - Cho gravelly loam, 1-8% slopes 30°28'0"N aa r r Sp i RR M M R d g ss R a n c h n 33 88 De - Dev very gravelly loam, frequently flooded 55 EcE - Eckert soils, rolling HtD - Hext-Latom complex, undulating 30°27'30"N MnB - Menard fine sandy loam, 1-3% slopes NuB - Nuvalde clay loam, 1-3% slopes 30°27'0"N RbF - Real-Brackett complex, hilly 43 1 ShC - Shep clay loam, 1-5% slopes CC RR R TaC - Tarrant soils, undulating 1 inch = 3,333 feet 0 1,125 TrG - Tarrant-Rock outcrop complex, steep 2,250 Feet 30°26'30"N ACCURACY OF MAPS NOT GUARANTEED © 2014 Culver/LANDTX INC. All Rights Reserved IMAGE DATE: 06/28/2012 99°26'15"W 30°27'0"N 99°25'30"W 99°24'45"W 99°24'0"W 99°23'15"W 99°22'30"W W - Water 99°21'45"W 99°21'0"W 30°26'30"N 99°20'15"W © 2014 Culver/LANDTX Inc. - All Rights Reserved © 2014 Culver/LANDTX Inc. - All Rights Reserved © 2014 Culver/LANDTX Inc. - All Rights Reserved © 2014 Culver/LANDTX Inc. - All Rights Reserved © 2014 Culver/LANDTX Inc. - All Rights Reserved © 2014 Culver/LANDTX Inc. - All Rights Reserved © 2014 Culver/LANDTX Inc. - All Rights Reserved 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 B efore 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. IF THE BROKER REPRESENTS THE OWNER: 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. 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. 01A EQUAL HOUSING OP P O RT U N I T Y TREC No. OP-K
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