The Covid pandemic had an unexpected effect on real estate sales in 2020, contributing to 116 new contracts and reservations on homes and lots, a nearly three-fold increase over 2019. Sixty-one of the transactions were developer-owned properties, and 55 were resales of homes, lots and Sunday House shares.
According to Boot Ranch Realty broker Sean Gioffre, “Buyers throughout Texas came seeking a second home they could drive to rather than fly. Other buyers accelerated ‘some day’ plans to sell their homes in major cities in favor of full-time Hill Country living.”
Mark Yarborough, the director of sales, said that all newly developed Sunday House shares sold out during the year, as did the 10 Metzger Park Cabins along the Putting Park, and all remaining homesites in the Overlook Cabins neighborhood.
At year end, available Phase 1 lot inventory included 2 developer-owned lots near Hole 18, 3 Metzger Park lots owned by Big Sky Builders, and 8 resale lots. About two dozen ready-to-build lots are available in Nordenhill, and another dozen available lots are under development. Prices range from the $400,000s to $1.375 million.
For 2021, Yarborough said that the TIPLER team is finalizing new home plans for Spicewood Trail in Nordenhill. Several builders have showcase homes under construction. Plans are also on the drawing board for the start of amenity development in Nordenhill, and new homesites approaching Longhorn Lake.
Contact Boot Ranch Realty at (830) 997-6200 to schedule a tour of available properties.