"D.R. Horton could bring around 1,500 homes to Bastrop"
Posted by Grossman & Jones Group on
Austin Business Journal shares, "The busiest volume homebuilder in the region plans to bring around 1,500 homes to a small town outside Austin.
Bastrop City Council was shown new plans for a public improvement district called Valverde on Aug. 13 that could be valued at $557 million at full buildout. The property is owned by D.R. Horton Inc. through its Continental Homes of Texas LP subsidiary, according to property records.
The Valverde plans are the latest evolution of a project that was formerly called Viridian, which was also a D.R. Horton project.
Valverde would rise on 399 acres north of State Highway 71, and plans call for both single and multifamily development. In a statement, D.R. Horton Austin Division President Scott Wilburn…
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