The Wildhorse Ranch project in far east Travis County has been on the radar for ten years, but County Commissioners gave it a boost that may result in it finally coming to the life, the Austin American Statesman reports.
The Travis County Commissioners Court gave the okay to making Wildhorse Ranch, a 1,450 acre development near Walter E. Long Metropolitan park, a public improvement district. This would make it possible for the developers to issue bonds through Travis county to pay for road and drainage improvements.
The developers would then in turn charge property owners who buy into the residential and commercial development $800 to $1000 annually to pay for the $65 million bond. The goal, according to proponents, is to encourage development in areas that need it.
Austin would still need to approve the special district, however, and city staff has recommended no more special districts be created at this time. The city has 30 days to reject the designation.
The Wildhorse development has already been given $6 million in road and sewer improvements, funded by the city, and is asking the city to partner on road construction.
The developer estimates the project will have 1.5 million feet of commercial space, which he thinks would provide 5,000 jobs.
Wildhorse Ranch is located in Austin, northeast of Walter E. Long Lake and south of US 290 and will have 698 acres of parks and open space, 478 acres of single-family homes, 94 acres of retail space, 85 acres of office, EMS, and rail station, 46 acres for roads, and 27 acres for schools.
The proposal includes 2,400 single-family homes, 1,060 apartments, and 200 condos, all on land located about 15-20 minutes from downtown Austin. Residents will be zoned to Manor ISD schools, and up to two elementary schools may be located in the community.
Proposed amenities include miles of hike and bike trails, playscapes, picnic spaces, pools, an activity center with meeting and event rooms, a pond, and a farmers’ market that will double as a general store.
Wildhorse Ranch wants to be a contained community that has everything residents need, while still connecting, via a multitude of transportation options, to the greater Austin area. There will be a variety of pricing levels for homes to make a diverse community. The developer is also emphasizing water saving measures and other green-building features, including making Parmer Lane Travis County’s first sustainable roadway.
There’s no time table for when (or even if) Wildhorse Ranch will be completed, so if you’re looking for an apartment today, A Plus Apartment Locators can help you find a new home near Walter E. Long Lake.
One such community has one, two and three bedroom homes ranging from a 786 square foot one bedroom, one bathroom for $650 to a 1,106 square foot three bedroom, two bathroom for $854. Apartments feature greenbelt or pool views, nine foot ceilings, washer/dryer connections, private balconies or patios, and ceiling fans in the living room and bedrooms. Community features include carport and garage parking spaces available for an additional fee, a gated entrance, a junior Olympic sized pool, fitness center, and theater room.