1,700-plus homes to spring up in new subdivision called Trinity Ranch
https://www.bizjournals.com/austin/n...nch-elgin.html
Michelle Pitcher – Staff Writer, Austin Business Journal
Two builders — one longtime area player and a newcomer to Central Texas — are partnering on a new massive subdivision just south of the small city of Elgin with the help of a local developer.
...."The project represents another large injection of housing on Austin's periphery as the entire metro struggles with a shortage of housing. Metro-wide home inventory stood at 0.6 months in December, according to the Austin Board of Realtors. Many experts say inventory may reach more balanced levels perhaps in 2024 or beyond, but it will take major projects like this to get there — and they are emerging."
..."In just the past couple of weeks, Austin Business Journal has reported on several big, new neighborhoods in the pipeline. They include a 2,200-home subdivision in Buda, a 2,500-home neighborhood near Tesla's new factory and hundreds of million-dollar homes near the famous barbecue eatery The Salt Lick."