Two national homebuilders have partnered up to buy more than 200 acres between Georgetown and Round Rock.
Taylor Morrison and M/I Homes bought Georgetown 220, a roughy 220-acre tract near the intersection of University Boulevard and State Highway 130, according to an announcement. The undeveloped land was sold for an undisclosed price by a joint venture between Ascent Investment Partners and Endeavor Real Estate Group.
Neither Taylor Morrison nor M/I Homes responded to requests for comment, and it's unclear how many homes each plans to build at the site. But the land is already entitled for single-family development, said Rydern Byrne, an investment associate at Ascent Investment Partners.
Tripp Rich of Dosch Marshall Real Estate represented Ascent and Endeavor in the sale. Rich also represented the joint venture when it bought the property in 2023.
"It was a competitive marketing process with 10-plus offers where the purchase price was pushed 11%,” Rich said in a statement. “The result of the transaction will be a single-family for-sale community."
The tract isn't located in Georgetown or Round Rock or in their extraterritorial jurisdictions. Instead, it's in a buffer zone between their ETJs, and it's bounded on the north and south by county roads 105 and 107, according to Williamson County’s geographic information system.
That area between Round Rock and Georgetown has seen considerable development in recent years, including a number of big industrial projects. A new entertainment district called The Junction is being built to serve the swelling populations of the two cities, as well as the region's growing workforce."
Source: Austin Business Journal
Written by: Cody Baird
Published: November 19, 2025
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