2,200-acre luxury community underway in Spicewood2,200-acre luxury community underway in Spicewoodhttps://www.recenter.tamu.edu/news/newstalk-texas/?Item=292682023-06-07T05:00:00Z2023-06-09T22:00:00Z

SPICEWOOD – Thomas Ranch, a 2,200-acre luxury community at 26400 SH 71, will break ground on its first phase this month.

The first-phase neighborhood will be called Loraloma and have 450 cottages, villas, estates, and custom homesites. Homes will range from two to five bedrooms and 2,500 to 10,000 sf.

Amenities include a swimming hole, fishing pond, and golf course that's set to begin construction this fall and open in 2024. The golf campus will have a clubhouse and restaurant, wellness facility, pickleball courts, and boutique hotel.

Sales for Loraloma's homes open this summer with 25 initial lots.

Utah-based Areté​ Collective LP is the developer.​

Austin Business Journal
Austin-Round Rock
https://www.bizjournals.com/austin/news/2023/06/02/loraloma-thomas-ranch-austin-update.htmlRead more at {Source}

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