Real estate
BY MICHAEL MILLIORN
Check out six ongoing developments
Kyle
San Marcos
Heritage at Cottonwood Creek The multifamily community began accepting lease applications in early February and welcomed its first residents in April. The complex features floor plans with one, two and three bedrooms and has a variety of amenities, including a fitness center, sports courts and a fenced-in dog park. • Projected completion: spring 2026 • Project cost: $33.5 million Strait & Nelson The Woodfield Development property began moving residents into its 360-unit, ten-building complex in early April. The property has multiple amenities, such as a clubhouse, pool, outdoor fire pit lounge and dog spa with surface parking and private garages on approximately 22 acres in San Marcos, Texas. • Projected completion: summer 2026 • Project cost: $60 million • 4530 N. State Highway 123, San Marcos • www.heritageatcottonwoodcreek.com
• Project completion: upon filling of all lots • Home cost: $467K-$725K* • 122 Alvin Drive, Buda • www.mymilestone.com The Luxe of Buda The Buda Economic Development Corporation’s featured city apartment complex offers 10-foot ceilings, wide plank flooring and crown moldings. The community features a trellis-covered outdoor kitchen and conversational lounge, a private indoor tanning facility and valet trash services. Kyle Park The 101-acre mixed-use project broke ground on Feb. 4. The development will bring over 400 multifamily apartments, as well as retail stores, restaurants and green space. The project is the largest private investment in the city’s history at an estimated $250 million.
• Project completion: first pad sites by late 2026 • Project cost: $250 million • Northwest corner of I-35 and Bebee Road, Kyle • www.cityofkyle.gov
Kyle
Caroline at Marketplace Construction on the $48.5 million multifamily development was set to begin this spring. The project’s construction is expected to be done in March 2028, according to a TDLR filing. The community will be made up of seven buildings totaling more than 383,000 square feet. • Projected completion: March 15, 2028
• 2380 Staples Road, San Marcos • www.straitandnelsonapts.com
Buda
Persimmon The master-planned community began its phase one development in 2025 and now has a number of move- in-ready floor plans available. The community spans across 775 acres and features amenities such as a resort- style pool, pickleball courts and a variety of trails and green spaces.
• Project cost: $48.5 million • 5542 Kyle Center Drive, Kyle • www.morgangroup.com
• Project completion: 2024 • Project cost: undisclosed • 1664 Hillside Terrace, Buda • www.luxebuda.com
This list is not comprehensive. Information from the Texas Department of Licensing and Regulation contributed to this report. *Individual home prices in the development
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SAN MARCOS - BUDA - KYLE EDITION
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