Construction has begun on a 688-acre master-planned community in Liberty Hill, Austin’s northwest suburb that has grown rapidly in recent years.
Austin-based Randolph Texas Development is leading the project, called Lariat, which plans to build 1,700 single-family homes, a resort-style amenity center and a school, the Austin American-Statesman Report.
Tri Pointe Homes has begun construction on the first of 334 single-family homes it plans to build. The company hopes to continue construction as part of the first phase of Lariat until 2025 or 26. Exact price points haven’t been revealed, but Tri Pointe says it could start under $400,000. The development will include three designs ranging in size from 1,600 to 2,900 square feet.
The site will feature a $4 million amenity and event center, as well as a swimming pool, a covered gazebo, several mini parks and a seven-mile trail system. A school will be built on 12 acres within the community.
Liberty Hills is one of many mountain towns that has attracted an influx of new residents and developers over the past few years, largely because of its scenic beauty and proximity to Austin.
The town’s population grew exponentially within a few years. The U.S. Census Bureau estimates the number will be 9,099 in July 2022, up from 3,651 in April 2020.
Ashton Woods, Chesmar Homes and Perry Homes will also be built in the Lariat community.
Elsewhere in the Hill Country, Tri Pointe is working on building 586 homes develop It is called the Dripping Spring Historic Site.
— Quinn Donoghue