The subject property consists of approximately 410 acres and is located along the west side of Interstate Highway 10 (I-10) between Heuermann Road and Camp Bullis Road in the north central corridor of the city of San Antonio. The property is comprised of seven separate parcels, four of which were purchased simultaneously on November 23, 2005. Another 52.241 acres was purchased on June 3, 2005, 5 acres were purchased on May 1, 2006, and 37 acres were purchased on May 18, 2006.

The topography of rolling hills blanketed with natural oak and cedar trees offers unparalleled views of the Hill Country and the La Cantera golf course.

There are 45 acres at the western end of the property, south of Heuermann Road, that will be developed as Cantera Heights. All pre-construction approvals (TCEQ, USA, MDP) are in place, making the property ready to be developed.

The property is ready to be developed into 145 single-family residential lots measuring 60’ x 120’. The projected price point of future homes in the development is $340,000. The immediate area is considered to have the best demographics in San Antonio.

There are also 125 acres of commercial property under development by this partnership. Water and sewer are being brought to the site; $6 million worth of water, a 70-ft wide collector road, sewer, and entries are being constructed right now. 70 acres on the west side of IH 10 were sold on November 19, 2007.

BP 242 Cresta Bella, Ltd.

The 242 acres of land owned by this partnership, purchased from BP Hwy 10 San Antonio, Ltd. on December 20, 2006, are located just west of I-10 between Camp Bullis Rd and Heuermann Road. The parcel is situated just south of The Dominion and across the highway from The Rim outdoor retail center.

There are 192 acres zoned for single-family; 370 lots in 50-ft, 70-ft, 90-ft, and 100-ft widths are planned for this parcel. All pre-construction approvals (TCEQ, USA, MDP) are in place, making the property ready to be developed.

The projected price point of homes on these lots is $500,000 to $5,000,000, potentially making it the most exclusive subdivision in San Antonio. The top seven custom builders in San Antonio are eager to contract for all the lots today.

In addition, there are 50 acres zoned MF-25 under contract to a premier multi-family developer.

Baruch Properties has partnered with Post Oak Development of San Antonio to develop the property, which will be known as Cresta Bella. The 242.483 acres owned by 242 Cresta Bella, Ltd. will be platted for single family lots and multi-family residences. The remaining 170.476 acres will be divided into a 125.283-acre parcel for commercial development, and a 45.193-acre parcel for single-family residential development, which will be marketed separately as Cantera Heights.