Real estate
BY BROOKE SJOBERG
New housing developments are being built across Round Rock ISD. A new report from the district’s demographic firm, Zonda Education, shows the location of these new homes within the school district’s boundaries. Hudson Huff, a consultant for Zonda, told trustees and administrators that RRISD has 16 actively building subdivisions, as well as 10 future subdivisions in various stages of planning. Over 3,000 multifamily units are also under construction at apartment complexes, built-to- rent developments and townhomes. Of these, 280 are single-family rental homes, Huff said, and 319 are restricted for residents age 55-plus. 1,200 housing units were completed within the last six months, he said. Report shows new homes in RRISD
New builds in Round Rock ISD
110
Avery Centre PUD
112
Avery Centre
Azola Avery Centre
35
Avery Centre PUD
183A TOLL
Saul's Ranch East
BRUSHY CREEK
Monarch on Main
79
WYOMING SPRINGS DR.
183
A.W. GRIMES BLVD.
Lakeline Station
Round Rock
LAKELINE BLVD.
45 TOLL
Center 45
LAKELINE MALL DR.
The Maris
MOPAC
N
SOURCE: ZONDA EDUCATION/COMMUNITY IMPACT
Looking ahead
A closer look
Housing starts The number of homes built each year has fallen since 2019, but increased in 2024.
New home growth has slowed due to some market shifts, Huff said, including higher interest rates and general prices of homes in the area. The price of a new home, he said, grew by about 62% between 2014 and 2024, while the prices of existing homes almost doubled. Interest rates remain higher than in recent years and many homeowners are not selling, Huff said, leading the district’s population to age. This is offsetting student enrollment growth in RRISD, where many new housing developments may bring families with school-aged children.
New growth is concentrated in the Redbud, Double File Trail and Fern Bluff elementary schools’ attendance zones, Huff said. In response to changes in the local housing market and lowered occupancy rates in multifamily housing, Huff said property managers have started to lower rents or offer discounts. Single-family home developers have also begun to offer more concessions to buyers, he said.
1,200 1,000
800 600 400 200 0
SOURCE: ROUND ROCK ISD, ZONDA EDUCATION/COMMUNITY IMPACT
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