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Jun 3, 2016

Goodnight Ranch’s new dawn: housing, mixed-use project to South Austin

​​​​AUSTIN - Some 3,500 homes are poised to be built during the next decade or two on the former dairy farm near East Slaughter Ln. and Old Lockhart Rd. It’s essentially across...
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by
Austin Business Journal

​​​​AUSTIN - Some 3,500 homes are poised to be built during the next decade or two on the former dairy farm near East Slaughter Ln. and Old Lockhart Rd. 

It’s essentially across I-35 from Southpark Meadows, the largest shopping complex in the region.

Retail and commercial office development are part of Goodnight Ranch’s mix—at least 226,000 sf.

Apartments and condos will be added. One elementary school is already built to serve the community and another school site has been set aside.

The big emphasis, however, is on parks, trails and open space—some 120 acres of green space, three miles of trails and connectivity to the 550-acre Onion Creek Metro Park directly north of the site.

Another big selling point: Goodnight Ranch is just eight miles from downtown.

The first phase of construction—113 homes by Centerra Homes, Homes by Avi and M/I Homes—is imminent with model homes likely in the next two months.

Prices will begin in the $200,000s—a modest price point in a market that has seen doubt digit increases in values for the past few years.​

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Written by
Austin Business Journal
Last updated
Mar 28, 2024

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