Plans advance for Cressman Ranch, a proposed 450-home development in Round Rock

Approximately 450 homes are planned for 174 acres near Old Settlers Boulevard and A.W. Grimes in Round Rock.

Approximately 450 homes are planned for 174 acres near Old Settlers Boulevard and A.W. Grimes in Round Rock.

Plans for a residential development with approximately 450 single-family homes advanced May 9. Round Rock City Council approved the creation of a municipal utility district, or MUD, for the proposed development.

Brad Wiseman, Round Rock’s director of planning and development services, addressed City Council May 9.

The MUD will service a proposed development by Meritage Homes, Wiseman said. Cressman Ranch—as the development is named in city planning documents—is proposed for a 174-acre site south of Old Settlers Boulevard and west of A.W. Grimes.



Part of the agreement approved May 9 includes a protected right-of-way for a realignment of Kenney Fort Blvd. near the southeastern corner of the development, Wiseman said.

Action taken Thursday also includes the dedication of park land at the southernmost part of Cressman Ranch, which will be absorbed into Old Settler’s Park, he said.

What is a MUD?


A MUD is a funding mechanism used to finance residential development. Overseen by an elected board of directors responsible for the management, finances and policies within the area, MUDs are typically created outside a city’s limits.

This will be Round Rock’s second in-city MUD. The first in-city MUD is in the works for a proposal by KB Home to construct approximately 1,200 single family homes along University Boulevard, east of CR110.

Developers leverage MUDs by taking on debt through bonds. The bonds allow developers to pass on the cost of building road and water infrastructure to the future homeowners, who pay off the MUD’s bond debt with property tax revenue.

As approved on May 9, the bond issuance for MUD No. 2 cannot exceed $14.1 million.

“Basically what that does is place the tax rate … in line with how the city operates,” Wiseman said.

What’s next for the development?


A concept plan for Cressman Ranch was approved in January by the Planning and Zoning Commission. City Council annexed and zoned the property the following month.

As it stands, staff is awaiting the submittal of a preliminary plat, which will include a lot layout of the development. Planning and Zoning Commission will then review the preliminary plat before construction can begin.
SHARE THIS STORY


MOST RECENT

Oh-Ho Chinese BBQ & Asian Cuisine is under new ownership in Round Rock. (Courtesy Oh-Ho Chinese BBQ & Asian Cuisine)
Oh Ho Chinese BBQ and Asian Cuisine under new ownership in Round Rock

Trung Tang is the new owner of Oh-Ho Chinese BBQ & Asian Cuisine in Round Rock.

Austin Regional Clinic has administered more than 84,000 flu vaccinations to date in 2019.
DATA: Austin Regional Clinic gave thousands of flu tests after Thanksgiving; second spike possible during holidays

Austin Regional Clinic gave more than 4,500 flu tests leading up to Thanksgiving.

River Ranch County Park celebrates the groundbreaking of its $1.9 million interpretive center Dec. 10. (Ali Linan/Community Impact Newspaper)
River Ranch County Park breaks ground on new interpretive center

The interpretive center will offer classroom and meeting space, as well as exhibits about the park.

Ike's Love & Sandwiches opened a Round Rock shop in early December. (Taylor Jackson Buchanan/Community Impact Newspaper)
Ike's Love & Sandwiches opens in Round Rock

The California-based restaurant chain, opened a Round Rock location Dec. 8.

Texas-based Mega Furniture plans to open its first Round Rock store, according to signage on the building. (Taylor Jackson Buchanan/Community Impact Newspaper)
Mega Furniture to open Round Rock store

The furniture store is set to open in the suite that formerly housed outdoor activity outfitter REI.

Waffle Love is set to open a Belgian waffle restaurant on Gattis School Road in Round Rock. (Kelsey Thompson/Community Impact Newspaper)
Waffle Love to open Round Rock restaurant

Waffle Love, a national Belgian waffle franchise, specializes in sweet, savory and customizable waffle dishes.

Amy Madison, executive director of the Pflugerville Community Development Corp., will serve a two-year term on the Texas Economic Development Council's board of directors. (Courtesy PCDC)
Pflugerville Community Development Corp. executive director appointed to Texas Economic Development Council

Amy Madison, executive director of the Pflugerville Community Development Corp., will serve a two-year term on the Texas Economic Development Council's board of directors.

Carla Amacher, area superintendent of Round Rock ISD, was one of two recipients for the 2020 Johnny L. Veselka Scholarship. (Courtesy Round Rock ISD)
Round Rock ISD administrator named recipient of Texas Association of School Administrators scholarship

Carla Amacher of Round Rock ISD and Mike Rockwood of Lamar CISD were announced as the two recipients of the 2020 Johnny L. Veselka Scholarship.

Three Legged Goat, a wine and craft beer bar, will expand its facilities in downtown Pflugerville. (Taylor Jackson Buchanan/Community Impact Newspaper)
Three Legged Goat to expand downtown Pflugerville bar

Three Legged Goat is a wine and craft beer bar located at 200 E. Pecan St., Ste. 5, in Pflugerville.

Pflugerville City Council unanimously approved a resolution reducing the scope of its Lake Pflugerville improvements at its Dec. 10 meeting. (Community Impact Staff)
City Council approves reduced scope for Lake Pflugerville improvements

Pflugerville City Council unanimously approved a resolution reducing the scope of its Lake Pflugerville improvements at its Dec. 10 meeting.

KFC opened in Hutto on Dec. 10. (Kelsey Thompson/Community Impact Newspaper)
KFC now open in Hutto

The national fast food chain is known for its fried chicken, along with traditional Southern sides such as mashed potatoes and coleslaw.

Travis County commissioners voted to allow staff to begin contract negotiations for a new women's jail facility at a Dec. 10 meeting. (Courtesy Travis County Sheriff's Office)
Travis County begins contract negotiations for women’s jail facility as overall jail population continues to decline

The county has planned to build a new, separate women’s facility for years, despite some pushback from local activists.

Back to top