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Real estate sales at Boot Ranch surged in 2016 as a result of new ownership, new property releases and the announcement of significant amenity expansions. The exclusive private club community in the Texas Hill Country reported 58 sales in 2016, up from just 8 the previous year and 19 in 2014.
Developer sales volume on 50 properties exceeded $23.5 million, with a mix of land sales, shared-ownership Sunday Houses, and condominium residences. Eight resale transactions by Boot Ranch Realty accounted for another $6.1 million in volume.
Current property offerings include:
Home sites from one-half acre to 18 acres, priced from the high $200,000s to $2.5 million.
Sunday Houses, 4,500+ square foot vacation homes whose ownership and expenses are shared by eight families, with shares from the $400,000s.
Village Homes, which each comprise three luxury condominium residences priced from the high $800,000s to $2 million.
Terra Verde Group and Wheelock Street Capital acquired the 2,050-acre community from Lehman Brothers Holdings in mid-2015 and immediately set a course for expanding the real estate mix and enhancing amenities that appeal to families.
“More than 75% of the potential 450 properties permitted by the City of Fredericksburg remained to be sold at Boot Ranch when we acquired the community,” said Craig Martin, founder of Dallas-based Terra Verde Group. “We knew our success was dependent on communicating a clear vision for the finest private club community in Texas, with facilities, activities, and adventures you couldn’t find anywhere else.”
To that end, Terra Verde Group engaged Swaback Partners of Scottsdale, one of the nation’s leading private club design firms, to create plans to fulfill that vision. By fall, construction was underway on new amenities that include a 2.5-mile hike-and-bike trail from the Clubhouse Village to Longhorn Lake where a lakeside pavilion, a protected swimming area with beach, treehouses and jumping rocks will open next summer. Near the Clubhouse, a five-acre putting park and play field are planned for year-end completion. Long-range plans include a fitness facility, an expanded spa, and a Lake House at Longhorn Lake for casual gatherings and family activities.
Boot Ranch, which has been named by Golf Digest as one of America’s “Top 10 Golf Communities,” currently includes a Hal Sutton-designed golf course and 34-acre practice park; a 55,000 square-foot Clubhouse Village with dining, locker rooms, golf shop and lodge suites; spring-fed fishing lakes; a trap and skeet range; and the Ranch Club, which includes a pavilion with food and beverage service that seats 300, 3 pools and a Jacuzzi, lighted sport courts and a playground.
All property purchases include a multi-generational Club membership that extends privileges to the member’s parents, children, grandchildren, and spouses.
Terra Verde Group and Wheelock Street Capital are partners in the ownership and development of Boot Ranch.
© 2024 Boot Ranch Holdings, LLC – All rights reserved. Oral representations cannot be relied upon as correctly stating representations of the Developer. Not intended as an offer of or solicitation to buy real estate where prior qualification is required. No State or Federal agency has judged the merits or value, if any, of real property located and offered within the private development known as Boot Ranch. In addition to Lots, a portion of Boot Ranch features shared-ownership of luxury houses known as Sunday Houses. All improvements, designs and construction are subject to first obtaining the approved federal, state and local permits and approvals for same. All references to square footage are approximate and the actual configuration may vary. You should not rely upon any listed figures describing the gross area of a Lot or Sunday House. The sketches, renderings, graphic materials, plans, specifications, terms, conditions and statements contained in this advertisement are proposed only, and the Developer reserves the right to modify, revise or withdraw any or all of same in its sole discretions and without prior notice. Prices are subject to change without notice. Obtain the Property Report required by Federal law and read it before signing anything. For correct representations, please refer to the Property Report and, for Sunday Houses, the Texas Timeshare Disclosure Statement, as may be amended from time to time.