Record Sales for John Newcombe/Cliff Drysdale-Owned Real Estate Development

Online, September 23, 2010 (Newswire.com) - New Braunfels, TX- August 2010 saw John Newcombe Estate & Country Club in New Braunfels, Texas post a record month in sales of their Texas hill country land for a value of almost $1 Million. These sales have the development closing out the month with over 70% of Phase 1 sold. While some properties were sold pre-development, most have been sold since the roads were paved this past Jan. And what a reception this New Braunfels real estate development has received!

There are only 29 lots left for sale in Phase 1. Even in this depressed market they continue to sell. "We are ecstatic about the land sales in the Estate," said Don Henderson, CEO of Cliff Drysdale Tennis and member of the estate Development Team. "And we are even more excited about the future of the Estate once the Country Club opens in March 2011. The Country Club is just one more thing that distinguishes Newcombe Estate from other developments."

Sales at Newcombe Estate are contrary to the current custom home industry. According to the latest National Association of Home Builders/Wells Fargo Housing Market Index (HMI), released September 20, builder confidence in the market for newly built, single-family homes is unchanged from the previous month's low levels remaining negative.

So how does Newcombe Estate sales reach record numbers when the US economists continue to predict doom and gloom for the building industry? Director of Sales, Matt Pierce, attributes their success to the holistic approach of a community lifestyle that sets the Estate apart from other real estate developments. "John Newcombe attacks business with the same preparation and thoroughness of any of the 7 Grand Slams he won. ...And with a fundamental approach of "back to the basics" placing emphasis on community first."

###

About John Newcombe Estates

Preserving the Texas hill country landscape is the heart of the John Newcombe Estate's design, specializing in custom homes with landscaping and trees right up to the meandering curbed roads. The Community Club provides a social, health and fitness focus, and combines with common areas featuring picnic areas, playscape, fishing ponds and walking trails.

With properties ranging from .19 to 1.76 acres there are lots for sale to suit a wide variety of budgets. This real estate development provides a unique hill country atmosphere and amenities available only at Newcombe Estate & Country Club in New Braunfels, Texas.

For further information contact:-

Matt Pierce

Director of Sales

830.625.4002

Mail: m.pierce@johnnewcombeestate.com
Website: www.newcombeestate.com