SOUTH OF AUSTIN - Another huge master-planned development is in the works south of Austin that could include as many as 2,200 homes after Clark Wilson Builder Inc. purchased Nance Ranch, a 673-acre tract near Kyle.
The property has frontage on Farm to Market 150 about one mile west of Ranch Rd. 2770.
The future community is surrounded on the north and west by large ranches, many of which have conservation easements, prohibiting future development and ensuring long-term Hill Country views, the builder said in its announcement.
Clark Wilson is in the early phases of designing the new master-planned residential community, dubbed Anthem, targeting the emerging move-up market. A mix of single-family lot sizes will be available.
Engineering and design work has begun with new homes slated to be ready in 2016.
Click Austin NewsTalk and Austin Market Research (see the updated quarterly reports in commercial real estate).
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