One of the nation's top-selling master-planned communities is set to get 1,000 more homes with the opening of its seventh neighborhood.
Plans call for the first phase of Santa Rita Ranch's Eldorado Village in Liberty Hill, Texas, to contain 100 homes. Perry Homes offers floor plans ranging from 2,100 to nearly 4,900 square feet priced from the $550,000s.
Liberty Hill is about 30 miles northwest of Austin.
“These homesites are situated on some of the highest points in Santa Rita Ranch and offer magnificent Hill Country views," owner and developer Ed Horne said in a statement. "I believe these are among the last lots in Williamson County with views of this magnitude.”
Fifteen homebuilders are active in Santa Rita Ranch. They're offering townhouses and single-family homes priced from the $300,000s to nearly $1.5 million. More than 4,200 homes have sold in the 4,000-acre community since it launched in 2013. Plans call for about 10,000 homes at full buildout.
Santa Rita Ranch sold 644 homes last year, ranking No. 18 on a list of the 50 top-selling U.S. master-planned communities, according to the RCLCO consulting firm. The Villages in Central Florida ranked first, with 3,208 home sales.
At the end of April, the median sales price in Liberty Hill was $475,660, down 4% from a year earlier, according to Homes.com data. More than eight out of 10 Liberty Hill residents are homeowners.
Prospective buyers can tour model Santa Rita homes at 121 Modello Way and 125 Modello Way during a grand opening on Thursday from 4 p.m. to 6 p.m.
