Dallas company plans to build hundreds of apartments, rental and for-sale houses in Kerrville

  • 📰 ExpressNews
  • ⏱ Reading Time:
  • 36 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 18%
  • Publisher: 51%

Nigeria News News

A company that dipped its toes into the Hill Country real estate market five years ago is now planning to build a thousand new homes and apartments in Kerrville.

developed 120 apartments at Loop 534 and Singing Wind Drive about five years ago and the complex known as Sendero Ridge leased up quickly, a sign of strong demand for housing in the area, said Carl Schwab, president of RREAF Development Services.

Schwab said RREAF aims to price the units in line with Sendero Ridge, which ranges from around $1.60 to $1.90 per square foot per month. As construction materials and labor costs rise, it's unclear what the range of rents and prices will be and it will likely take four or five years to build out the property.

In Kendall County, which includes Boerne, the population jumped 32 percent to about 44,000 people during the same period. Hays County — which includes San Marcos, Kyle and Buda — was the fastest-growing county nationwide from 2010 to 2020 among those with populations of 100,000 or more. Its population jumped 53.4 percent during that period to just over 241,000 residents.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

San Antonio and Austin are coming for you, Kerrville.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 519. in NG

Nigeria Nigeria Latest News, Nigeria Nigeria Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Dallas-Fort Worth Named Best Sports Business City in the CountryNorth Texans woke up to the good news on Monday morning. clarencehilljr But yet sports gamebling is still illegal ? Make it make sense Dallas and Fort Worth are two different cities. Drake said HoustonAtlantaVegas is the best city for partying but that’s three cities Add another to your list:
Source: NBCDFW - 🏆 288. / 63 Read more »