The Reserve on Lake Travis Update

helicopter ride over Lake Travis

The Reserve on Lake Travis is the most recent development with waterfront home sites on the lake.  The Reserve is around 45-60 minutes west of downtown Austin depending on time of day and weather conditions.  Home sites range from the $300,000s to $3 million for an 11 acre waterfront parcel.  The one acre waterfront sites are going for the mid $700,000s and up.  The amenities will be very nice.  I went to the grand opening last year and The Reserve looks like it will be a very nice community. The only thing there at the time was the covered pavilion by Lake Travis.

Update as of now:  the roads are 70% complete. They will be paving the last two cul-de-sacs in the next 45 days. The swim center is well underway. They Lazy river is getting poured today and they’re on tract to finish everything by the end of the year.  The Equestrian Center arena is complete and they have broken ground on the barn. The barn should be finished in the first quarter 2010.  The developer, Hal Jones, has moved into his home and lives there full time. Red McCombs’ house is about 75% complete. We have 4 custom homes starting construction in the next 3-4 months. Two of those four will start in the next 60 days. There have been 18 homesites sold so far.  There are several deals in the works and the developer is anticipating those going to contract very soon.

By the way, the photo is from a helicopter tour I took while at the grand opening.

Questions about The Reserve or other Lake Travis real estate?  Call me at 512-29392422.