a ventan - Dripping Springs Realty

“High-tech, a booming film
industry and the University
of Texas all helped propel
Austin to the top of Forbes’
2008 list of America’s Fastest Growing Metros. The
magazine ranked Austin
No. 1 among the nation’s
100 largest metropolitan
areas.”
L
A
A V E N TA N
DRIFTWOOD
From Austin Economy Spanks
the Competition, Austin Business
Journal, January 2008
Housing affordability may be
one of the most significant
growth stimulants for Texas
during the first half of this
century. Historically, the
Texas housing market has
maintained a relative balance of supply and demand
despite periods of accelerated growth (the oil boom)
and significant decline (the
oil bust). Texas is the most
housing-affordable highgrowth state in the nation.”
and
“Texas leads the nation in
job creation.”
From Looming Boom, Texas
Through 2030, Tierra Grande, Real
Estate Center, Texas A&M University,
January 2008
“Texas is expected to have
the highest job growth
rate, as its leisure and hospitality, educational and health
services and commercial
construction jobs flourish.”
From Best Cities For Jobs In 2008,
Forbes.com January 2008
The Premier Hill Country Community
A Unique Development & Investment Opportunity
30 Minutes from Downtown Austin, Texas
The History
Interim La Ventana, LLC is the current developer of a premier
residential subdivision known as La Ventana located in Driftwood, Texas. Just nine miles southwest of Austin, Texas, La
Ventana provides the experience of ranch-style living with all of
the convenience of a nearby cultural and commercial center such
as Austin.
N
Driftwood itself has primarily been a rural area with a reputation for providing its residents with beautiful quiet surroundings;
however, recent plans have been made for conscientious development of upscale retail in the area in addition to further residential development. Driftwood is located in the heart of the Texas
Hill Country with a landscape of rolling hills, miles of wildflowers,
meandering clear-bottom creeks and towering oaks and cedar
trees. The breathtaking views and the friendly atmosphere continually attract additional residents and keep their visitors coming
back.
La Ventana has certainly taken advantage of these opportunities by building a unique, yet proven residential development.
La Ventana provides an abundance of amenities for its residents
including a resort-style pool, tennis and volleyball courts, driving range and putting greens, private clubhouse, spas, exercise
rooms, barbecue area, children’s play area, equestrian facilities,
and hike and bike trails and 125 acres of common grounds.
La Ventana broke ground in 2000 and the total development
consists of approximately 1,150 acres. Approximately 67% of the
property is already developed leaving only 375 acres to be completed. All of the lots in the developed sections have been sold
with the exception of approximately 38 lots. La Ventana has approximately 100 homes already built and several new homes are
currently under construction. Home values range from $450,000
to $1,200,000+.
Best Cities for Jobs in 2008
“The Lone Star State shines brilliantly in a list of the best places to work in the
U.S. when some economists peer into their crystal balls for 2008.”
- From Forbes Magazine, January 24, 2008
Looming Boom
‘The Lone Star State is being “discovered” by the rest of the country because
of its affordable housing, lower cost of living and cost of business, greater employment opportunities and appealing lifestyle. Events and circumstances point
toward a Texas-sized boom between 2005 and 2030.”
- From Tierra Grande, Real Estate Center, Texas A&M University, January 2008
Best and Worst Places to Buy a House
(Greater Austin rated #1 in U.S.)
“Whether you’re looking for an investment property or a place to live,
here’s a look at the cities you should seek out and avoid in 2008.”
- From Entrepreneur.com, January 24, 2008
The Future
The future for La Ventana is bright because the Austin area real estate market
is strong, and the remainder of the lots to be developed are the best part of
La Ventana. The lots will offer grand vistas and views that are the trademark
of quality hill country property. This final section is known as the Preserve at
La Ventana and will have a total of 279 lots.
Phase 1 lots are 2/3 sold-out and Phase 2 has a total of 44 lots with lots
remaining to be sold. Phase 3 will have 52 lots and the land plan is currently
being designed. Phase 4, 5, and 6 are set aside for future development and
will have a collective total of 180 lots. The projected gross income from the
existing 38 lots and the 232 lots to be developed is $45,000,000.
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STABLE LANE
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CLUBHOUSE
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5. The entire project. (Further development required.)
Dennis Wagner, Broker
512-288-4888
[email protected]
Doug Stewart
512-940-2669
[email protected]
Meredith McGee
512-297-6371
866-931-9933
[email protected]
Copyright La Ventana Properties 2008
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AY
ST W
RRE
4. All remaining lots in both sections.
Marketed Exclusively by La Ventana Properties
A Division of Dripping Springs Realty
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522
COVERED BRIDGE DRIVE
Designated
Equestrian Lots
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www.LiveAtLaVentana.com
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YO
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Ranch Owners
Association Tracts
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TM
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AN
Developer Lots
For Sale
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3. All remaining lots in The Preserve.
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NC
DE
HID
NEW PHASE
The Preserve at La Ventana
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2. All remaining lots in Phase 1.
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E2
401
404
26R
E3
402
The owner is offering builders, investors, and developers a variety
of ways to profit from the La Ventana opportunity.
1. 3-lot and larger lot packages.
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CENTRAL
CORRAL
403
H11
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DS19
DS18
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E8
H6 H5 H4 H3 H2 H1
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H8
CACTUS FLOWER
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DS7
DS8
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LA VENTANA WEST
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The Opportunity
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ESCONDIDO VENTANA
Create a Fresh, New Image (Done)
Create Public Relations Campaign (In Process)
Create a New “Micro-Brand” (Done)
Open On-Site Sales Office (Done)
Control Other Strategic Properties (Done)
Create Internet Presence (In Process)
Create Traditional Print Media (In Process)
Create New Signage Concept (Done)
Create Face-To-Face Campaign with Local Groups
a. Broker Community (In Process)
b. Builder Community (In Process)
c. Lender Community (In Process)
d. Developer Community (In Process)
e. La Ventana Owner/Advocates (In Process)
Analyze Competition & Reposition as Needed (Done)
Analyze Equestrian Aspect & Reposition (Done)
Create Home Owners Survey (Done)
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BLUFF COURT
La Ventana Properties, a devision of Dripping Springs Realty is
currently employing an aggressive marketing plan on behalf of
Interim-La Ventana, LLC, the developer. The objective of the marketing plan is to increase lot sales to buyer, builders, developers,
and investors. Components of this plan include but are not limited
to:
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The Marketing Plan
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