facebook
Traded Co logo
Submit
Daily limit: 0/10

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

Property Image
SOLD

Texas

See Similar Deals
Land
Sold 06/25/2025
the dealplayerscompscontact
Property Image
SOLD

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

Land
Sold 06/25/2025
Contact now

Summary

Asset Type:Land
Transaction Type:Sale

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.

Players

4 deals
BUYER

BUYER

Details

SOLD
IMAGE: Ross Perot Jr. DATE: 06/25/2025 ADDRESS: University Boulevard & Texas State Highway 130 MARKET: Georgetown ASSET TYPE: Land ~ ACRES: 200 BUYER: Ross Perot Jr. - Hillwood Communities NOTE: Hillwood Communities acquired 200 acres in Georgetown, TX, for Melina, a new master-planned community featuring 840 homesites priced from the $400Ks to $600Ks. Partnering with Highland Homes for the first phase of 440 lots, the project will include lakes, trails, and resort-style amenities, with construction starting in late 2025 and home sales launching in spring 2027.

Stay in the Know

Subscribe for insider commercial real estate news, deal highlights, and market insights—delivered straight to your inbox.

By subscribing, you agree to our Terms of Service and Privacy Policy.

Similar Deals

Contact

Get in touch with the broker you want

Suggestions
CRE CalculatorAnalyze deals based on income, expenses, and financing. We automatically filled the calculator with data from the deal you are viewing, fill free to modify it to see how it affects the results.
Deal Type
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)

$0.00

Debt Service Coverage Ratio (DSCR)

0.00x

Cap Rate

0.00%

Cash Flow (Annual)$0.00
Cash-on-Cash Return0.00%
Monthly Debt Service$0.00
Annual Debt Service$0.00