Austin Business Journal reports, "Caliterra, a 600-acre master-planned community in Dripping Springs, is growing.
Developer SR Capital Management broke ground this week on The Ranch at Calterra, a $40 million expansion of the community at 26025 Ranch Road 12, according to an announcement. The new development phase will add more than 200 homes and home sites.
Caliterra’s original plans called for 616 homes, of which 575 have been built. Counting 232 more attributable to The Ranch, Caliterra’s total eventually will come to 848.
The homes at The Ranch, from builders David Weekly Homes, Drees Homes and Scott Felder Homes, will range from 3,000 square feet to 5,000 square feet and will be built on 80- and 100-foot lots. They will start in the $700,000 range.
Homebuilders at The Ranch will only be building on 193 lots, with the remaining 39 available for purchase to build custom homes. Alkire Construction, Atlas Custom Homes, Drees Custom Homes and LTB Build + Design have been selected as custom home builders.
Infrastructure work has been underway since January, and the first move-ins at The Ranch are expected in December 2026. DNT Construction is working on the infrastructure.
Amenities at The Ranch at Caliterra include a fitness center, lap pool and event pavilion.
Caliterra as a whole has been in the works for decades, with the plans first taking shape in the early 2000s.
The expansion of the development is coming at a time when Dripping Springs has been reckoning with a dearth of wastewater treatment capacity that has stalled some projects.
Earlier this month, however, a Texas Supreme Court ruling cleared the way for more growth in the city. The April 11 decision backed the Texas Commission on Environmental Quality, which in 2019 approved a permit for Dripping Springs to expand wastewater treatment to a level that officials have said would accommodate development for at least the next decade.
The court rejected a contention from environmental groups, led by the Save Our Springs Alliance, that the discharge of treated wastewater would violate the state's water quality standards for Onion Creek. With the Supreme Court ruling in hand, the city has said it's now able to move forward with expanding its South Regional Wastewater System and continue using treated effluent to irrigate parks and open spaces."
Source: Austin Business Journal
Written by: Cody Baird
Published: April 25, 2025
Posted by Grossman & Jones Group on
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