Avison Young negotiates sale of 165 home lots in Georgetown

Avison Young helped facilitate the sale of 165 single-family home lots on behalf of the seller, Berry Creek Highlands Austin. The property is located within Berry Creek Highlands, a 314-acre master-planned community in Georgetown, Texas.

The site, located at 2451 TX-195, will be used for the final phase of the community’s development.

Avison Young Principal Mike B. Kennedy and Senior Vice President Sullivan Johnston represented the seller. The buyer, David Weekley Homes, a Houston-based new home developer, was self-represented.

The lots are the last phase of the single-family development tracts offered in the community, joining David Weekly’s existing tracts, Ashton Woods and Chesmar Homes. In addition to the single-family tracts, the community is home to NexMetro’s Avilla Berry Creek build-to-rent community, as well as Wood Partners’ Alta Berry Creek multifamily community, both of which were also transacted by Avison Young. Jarrell ISD is set to deliver an elementary school within the community by August 2026.

This closing represents strong continued belief and interest from national homebuilders in the Austin MSA’s single family home market, despite a slowing of new home deliveries in recent months.

Kennedy and Johnston have assisted Berry Creek Highlands’ mixed-use community master developer with multiple transactions over the last five years, including residential tracts, built-to-rent and multifamily parcels.