Exploring Parton Ranch: New Construction, Price Reductions, and What You Need to Know
Are you considering buying a new construction home in Austin? Parton Ranch is one of the most talked-about neighborhoods right now, with new developments and homes being built by two well-known builders, Perry Homes and Highland Homes. As construction continues in this rapidly expanding community, we’ll explore why Parton Ranch is a prime location for new homeowners, what to expect from the builders, and how pricing has shifted in the current market.
1. Why Consider Parton Ranch?
Parton Ranch is gaining popularity among buyers who want the best of both worlds: a peaceful, spacious community just outside of downtown Austin but still within reach of city conveniences. Whether you’re looking for a home with a bigger lot or a quality school district, Parton Ranch offers a lot of value.
Located in Dripping Springs ISD, this neighborhood is great for families, with top-rated schools nearby and a new high school being built around the corner. Additionally, the location provides easy access to downtown Austin (about 35 to 40 minutes, depending on traffic) and is just a short drive from the Toll Road 45 for convenient commuting.
While the neighborhood isn’t gated, it’s nestled in a natural setting with green belt views and spacious lots. Many homes here are situated on 85-foot lots, giving you plenty of room for a backyard oasis, plus access to a community pool and clubhouse.
2. What’s New in Parton Ranch: Construction and Inventory
Parton Ranch is currently in section seven of its development, with Perry Homes and Highland Homes leading the charge. But that’s not all—section eight is on the way! If you're purchasing a home here, you’ll want to keep in mind that construction will likely continue for the next year or two. While new construction is an attractive option for buyers wanting to choose their finishes, it also means there will be ongoing construction for the foreseeable future.
If you’re considering a move here, it’s essential to weigh the pros and cons of living in a growing community with all the noise and disruption that comes with it.
3. Available Homes and Price Points
Here’s an exciting look at some of the homes available in Parton Ranch:
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Highland Homes: They offer a variety of plans, including single-story and two-story homes. Right now, one of their homes on the market is a 5-bedroom, 5-bathroom, 4,300 sq. ft. home, priced at $1.289 million. The home includes high-end finishes like stone fireplaces that go up to the ceiling, and impressive fixtures throughout the home. Highland Homes also provides incentives, such as $10,000 for using their preferred lender.
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Perry Homes: Perry Homes offers homes starting at $899,000 for single-story homes around 2,900 sq. ft., and the prices go up depending on the lot size and the home’s features. Perry Homes has made some significant price reductions lately—some homes previously priced at over $975,000 have now dropped to $899,000, making them more competitive in the market.
Both builders offer spacious homes with 3-car garages, a feature that is highly sought after in new construction. Perry Homes and Highland Homes are working hard to ensure their homes are built with high-quality materials and a modern design, making them an excellent choice for buyers in the Austin market.
4. What’s Going on with Pricing?
Right now, pricing reductions are happening across the board in Parton Ranch. Builders are adjusting prices to meet current market demands and ensure their homes are sold.
For example, Perry Homes has reduced some of their homes from $975,000 to $899,000, with some models even offering up to $75,000 in price reductions. Highland Homes is following suit, providing price reductions alongside incentives, but buyers should know that tax rates can vary by lot size. For example, tax rates in Parton Ranch are about 2.5%, which is a bit higher than other nearby neighborhoods.
These price reductions present a great opportunity for buyers to get a larger home at a better price, especially compared to previous market conditions where prices were higher and bidding wars were more common.
5. Community Amenities and Lifestyle
While the construction continues, the community of Parton Ranch is a growing gem. It offers a range of amenities, such as a community pool, clubhouse, and pocket parks. These amenities make it a wonderful place to raise a family, with ample green space for outdoor activities.
However, as I mentioned earlier, there are some aspects of Parton Ranch that may not appeal to everyone. For example, the see-through fencing in the neighborhood can take away from the privacy of some homes. Additionally, if you’re looking for a gated community, you’ll need to look at Highpoint, which is next door.
6. What Are Buyers Looking For in Parton Ranch?
The main reasons people choose Parton Ranch include its proximity to Austin (while still avoiding Austin schools), large lots, and quality homes. With the new high school being built and highly rated Dripping Springs ISD nearby, families find this neighborhood to be a top choice.
Space is another significant selling point, with homes here offering larger footprints and more expansive yards compared to other areas in Austin. This is a big attraction for those looking for a more suburban lifestyle without sacrificing access to the city.
7. Is Parton Ranch Right for You?
Ultimately, the decision to buy in Parton Ranch will depend on your personal preferences and needs. If you’re seeking a new construction home with modern finishes, larger lot sizes, and a family-friendly environment, Parton Ranch is a great option. However, keep in mind the ongoing construction, potential noise, and price fluctuations.
If you’re ready to explore Parton Ranch or want to learn more about available homes, don’t hesitate to reach out! I’m here to guide you through every step of the process and help you find the perfect home.
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