With the increasing popularity of “ranch style” communities and the success of Ranchcrest and Hunter’s Meadow in Lorena, the up and comming Rancho Lorena, Hills of Childress Creek in China Spring, etc… I thought you may be interested to know that I was just informed about a new subdivision that will be developed, probably within the next year. This new community wil be located in Midway Idepdendent School District.

I’m pretty excited about it! The plans, so far,  call for a ranch-style neighborhood with restrictions. The new community should encompass about 450 acres. Here are some quick facts:

• Lot sizes should be around 3 acres or so . Maybe 1.5 – 3 acres lots?
• Restrictions will be in place. Pipe fencing for instance, for the “ranchstyle” look.
• Horses will be allowed. Mainly horses, cats, dogs, and other small house pets. No “livestock” such as pigs, goats, fowl, etc…
• There may be a community center, pool and other neighborhood ammenities
• Nestled among a very popular and fast growing area of Waco
• Midway ISD
• Some lots will have river access

Of course some of those bullet points could change without notice. Ground has not been broken on the new area, but hopefully soon.

As a Realtor, I get a lot of inquiries from people who want homes with acreage in the Midway school district. Unfortunately, the pickin’ are well, rather slim. There are plenty of homes available with acreage in Robinson, China Spring, Lorena, Speegleville, etc… But with the popularity of Midway schools, it seems over the last several years, the lots have gotten smaller and the prices have gotten higher.

When this new subidivion gets underway, it should prove to be popular. The developer has been around the Waco area for awhile and has other successful developements that have become “in-demand” areas.

Of course, there are still many details left to be worked out. These details could change rather quickly, but here’s what I’ve heard so far. I don’t have a firm price on the lots yet, but best estimate so far, would be around $75K for a 3 acre lot… Of course that’s a VERY preliminary price. The restrictions haven’t been fully written, but minimum square footage for homes are probably going to be around 2,500.

What I do know so far is that the land has been bought and the plats have been drawn up.

If you’d like more information about this new neighborhood, give me a call and I can have the developer get in touch with you to answer any questions you may have. Gary: (254) 498-4276

If you’re looking for a “higher end” area with enough space between you and your neighbors, this may just fit the bill!