9213 South FM 1660, Hutto, TX, 78634, US

Farley Farm

Asset description

JLL Capital Markets Group ("JLL") has been exclusively retained to present investors with the opportunity to acquire a prime ±36.62-acre development site ("The Site") in Hutto, TX. The current Planned Unit Development (PUD) potentially allows for up to 240 townhomes, featuring a mix of two-, three-, and four-bedroom detached units. Situated along Brushy Creek, which is slated to become a future city greenbelt, the Site boasts excellent accessibility. It's conveniently located just a few miles from the junction of US 79 and Toll Road 130 and a mile north of the expansive mixed-use project, Gateway at Hutto. This strategic location allows investors to capitalize on the rapid growth of Austin-Round Rock MSA suburbs, where the lower cost of living continues to attract new residents daily.

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Attributes

Land area gross

36.62 acres

Media

Investment highlights

Rapid Population Growth Driving Housing Demand Hutto's population has surged over 70% since 2010, with another 30% increase projected by 2030. This growth, coupled with home prices 20-30% lower than nearby Austin and Round Rock, is fueling demand for affordable housing options like townhomes.

Prime Location Near Major Employers The site offers quick access to SH-130 and is within 20 minutes of key job centers including Samsung in Taylor, Dell in Round Rock, and North Austin's tech corridor. With 50,000+ new jobs expected in the area over the next decade, housing demand is set to soar.

Excellent School System Hutto Independent School District is renowned for its high-quality education, consistently receiving strong ratings from the Texas Education Agency. The district's commitment to academic excellence and modern facilities makes Hutto an attractive destination for families, further driving residential demand.