Boot Ranch Reports Record Property Sales in 2017
Real estate sales at Boot Ranch surged in 2017 as a result of new property releases, a preferred builder program, and the completion of significant new amenities. The exclusive private club community in the Texas Hill Country reported 64 sales in 2017 valued at $41 million, a unit-volume increase of 23% over the previous year. Dollar volume was up 64% over the previous year, thanks to the introduction of Village Home condominium residences starting at $850,000 and house-lot packages ranging from $1.3 million to more than $3 million.
Developer sales volume on 44 properties exceeded $32.6 million, with a mix of land sales, shared-ownership Sunday Houses, and Village Homes. Twenty resale transactions by Boot Ranch Realty accounted for more than $8.4 million in volume.
Current property offerings include:
• House-Lot Packages from preferred builders that start at about $1.3 million. This offering represented more than 25 of the 2017 transactions, with buyers citing the ease of selecting from pre-approved plans that can be customized and ready for move-in in less than a year.
• Home sites from one-half acre to 14 acres, priced from $250,000 to $2.5 million.
• Sunday Houses—fully furnished luxury vacation homes whose ownership and expenses are shared by eight families—with shares ranging from $325,000 to $500,000.
• Village Homes, which each comprise three luxury condominium residences priced from $1,250,000 to $2+ million.
During 2017 the developer invested $6 million in amenities. Golf course architect Hal Sutton directed a $2 million renovation of greens and bunkers to his original 2006 design. A one-acre putting park, the largest in Texas, was created along with an adjacent 3-acre event lawn and play field. A nearly 2-mile hike-and-bike trail was completed, running from the Clubhouse Village to the spring-fed Longhorn Lake. The first phase of the Lake Club opened with a covered pavilion, jumping platforms, paddle boards, kayaks, canoes, fishing, a swim beach and two amazing treehouses connected by a swinging bridge.
The Club added 52 new members in 2017, for a current total of 225. A multi-generational membership that extends club privileges to 5 generations of the member’s family is included with all property purchases.
