Parmer Ranch South

Georgetown, TX

Overview

Located at the intersection of Ronald Reagan Boulevard and Williams drive, Parmer Ranch is a master planned community covering 454 acres of hill country land. This uniquely developable property will have between 1,000 and 1,100 single family homes at full build out, along with a Georgetown ISD elementary school, and possible middle school, multifamily, and commercial mixed use center planned for major retail and neighborhood services.

Phase 1 Opportunity

Phase one is located in the heart of the development along the extension on Indian Springs Road. Parmer Ranch Partners is going to extend this collector road through the property from Williams Drive to Ronald Reagan Boulevard, providing excellent access to both corridors, and creating highly visible marketing windows on each street. The primary entry will be located on Williams Drive as shown on the site plan below. These lots will have superb proximity to the planned district park and elementary school. Lots are available as described below:

Available lots

63 forty-foot lots

64 fifty-foot lots

26 sixty-foot lots

Delivery Expected Q4 2020

Phase 1 Site Plan

Location

Conveniently located in the south east corner of the intersection between Williams Dr. and Ronald Regan Blvd., and accessible from both, Parmer Ranch gives you quick proximity to Austin, Georgetown, Round Rock and Killeen/Ft. Hood. Resident will enjoy the Hill Country just minutes from excellent shopping, dining and entertainment. The highly visible location will also be a strong marketing element during sales and promotion.

Location Highlights

Retail & Commercial Services

      • 4 miles to Jim Hogg Rd. - Randal's
      • 6 miles to Shell Road - HEB, Starbucks, CVS, Anytime Fitness as well as medical offices, banks, and other commercial services.
      • 9.5 miles to future retail at Ronald Reagan & SH 29

Job Centers

      • Apple - 25 miles
      • La Frontera/Dell - 25 miles
      • The Domain - 34 miles
      • Lakeline Area - 23 miles
      • Ft Hood - 34 miles

Parks & Amenities

      • 4.5 miles to Jim Hogg Park & Lake Georgetown
      • 9 miles to Georgetown city square

Regional Transportation

      • 5.5 miles to US 183 (via Ronald Reagan Blvd. & FM 3405)
      • 9 miles to IH-35

Schools

      • Ford Elementary - 6 miles
      • Benold MS - 9 miles
      • Georgetown HS - 11 miles

Amenities

Trails

Parmer Ranch will have an extensive trails system connecting the entire community to it's parks and amenities.

District Park

The first phase will include the development of a large district park. This spectacular amenity will be featured as prospective buyers enter the community from the primary entrance off Williams Drive. All lots offered in Phase 1 will have pedestrian access either directly to the park or via the trail system.

Future Amenity Center

The Parmer Ranch amenity site is located on the north side of Ronald Reagan Blvd. At completion the amenity will include a private pool and various social spaces for community events and recreation.

Park Plan

Along with Phase 1, Parmer Ranch Partners will deliver a fully amenitized park. The plan includes trails, exercise stations, a playground, fields, and shade areas. The amenity will also integrate with a light commercial parcel planned as a food truck court and entertainment area. The goal is to create a mixed-use, family oriented destination for the residents of Parmer Ranch and the greater Georgetown community.

Photo by Artur Tumasjan on Unsplash
Photo by Micheile Henderson on Unsplash

Offering Details

Seller: Parmer Ranch Partners, LP

Property: Parmer Ranch South Phase 1

      • 63 forty-foot SFD finished lots
      • 64 fifty foot SFD finished lots
      • 26 sixty foot SFD finished lots

Price: Please Contact

Feasibility Period: 60 days

Closing

      • Initial Closing at Substantial Completion
      • Subsequent closings to occur quarterly

Lot Escalator: 6%

Deposit

      • Initial - $25,000 at contract execution
      • Subsequent - 10% of gross contract, less previous amount

Deposit Terms: Non-refundable after end of feasibility, released for construction of lots at issuance of construction permit.

Community Fees

      • Parks & Amenity
      • Marketing (tbd per builder group)
      • MUD Maintenance
      • Capital Recovery
      • Road Impact

Other Details

Utility Providers

      • Water - Georgetown Utility System
      • Wastewater - Georgetown Utility System
      • Electric - Pedernales Electric Co-op
      • Gas - Atmos
      • Cable & Internet - Suddenlink (tbd)

Projected Tax Rate

      • Williamson County - 0.419
      • School District - 1.409
      • ESD - 0.1
      • Wilco Road District - 0.04
      • NW Wilco MUD #2 - 0.95
      • Total Projected Tax Rate - 2.918

Design Guidelines & Development Code

      • 85% masonry facade
      • 50% masonry side & back
      • 85% on street facing sides
      • 20' front setback
      • 5' side setback
      • 10' rear setback
      • 35' max building height

Contact

Send Letters of Intent or request more information by contacting Joe Owen or Nathaniel Klugman:

Joe Owen - joe@owenholdings.com | 972-866-0303

Nathaniel Klugman - nathaniel@klugmanco.com | 512-350-6906