Ross Perot Jr. Of Hillwood Communities Acquires 200 Acres For New Georgetown Master-Planned Community

Hillwood Communities acquired 200 acres of land located at University Boulevard & Texas State Highway 130 in Georgetown, TX. This land is part of a new master-planned community that will feature 840 homesites priced from the $400Ks to $600Ks.

Summary of transaction details:

• Property Type: Land
• Transaction Amount: Not specified
• Acres: 200
• Buyer: Ross Perot Jr.
• Buyer’s Company: Hillwood Communities
• Project Name: Melina
• Number of Homesites: 840
• Price Range of Homes: $400Ks to $600Ks
• First Phase Partner: Highland Homes
• Phase Lots: 440
• Construction Start: Late 2025
• Home Sales Launch: Spring 2027

This transaction includes key involvement from Ross Perot Jr. representing Hillwood Communities in the development of Melina, which will incorporate lakes, trails, and resort-style amenities for future residents.