Austin Business Journal reports, "Nearly 1,000 homes are on tap for Round Rock.
Round Rock City Council on June 12 unanimously approved multiple agenda items that saw 230 acres annexed into the city, as well as that land getting turned into a municipal utility district with a development agreement.
The MUD will be built out by New Home Co., according to its Austin Division President Bill Peckman, who spoke at the meeting. The owners of the property at the intersection of Westinghouse Road and County Road 110 are Debra Kay Briggs and Marc Briggs, according to the development agreement.
Overall, there would be 900 single-family homes in the new neighborhood, and Peckman said the home lots would be 50, 60 and 70 feet. The project is on a 10-year development track, he added, but New Home Co. has not yet settled on what exactly the home product on those lots will be.
Peckman described New Home Co. as a “move-up builder,” meaning its homes are intended for second-time homebuyers. While pricing of the homes has not been set, he estimated they would start in the high-$400,000 range or the low-$500,000 range.
With City Council’s approval, this is Round Rock’s third in-city MUD following Salerno and Homestead at Old Settlers Park. The MUD residents will also be Round Rock residents, according to the presentation, and the combined tax rate for property owners within the MUD will be comparable to the two other Round Rock MUDs.
According to the petition for the creation of the MUD, infrastructure is expected to cost $77.1 million.
The waterworks system, sanitary sewer system, and drainage and storm sewer system projects are estimated to cost $57.7 million, the road projects are estimated to cost $18.4 million and the park and recreational facilities are estimated to cost $991,875."
Source: Austin Business Journal
Written by: Cody Baird
Published: June 16, 2025
Posted by Grossman & Jones Group on
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