AUSTIN, TX - NexMetro Communities, the nation’s pioneer developer of luxury leased home neighborhoods, is entering the Austin market with the opening of three new Avilla Homes communities in 2025. Construction is underway on 634 new homes in Georgetown, Liberty Hill and Williamson County, with the first opening set in February.
“There’s considerable demand for our leased home neighborhoods because they provide consumers with a lifestyle that combines a new detached home with mortgage-free, maintenance-free living,” said Jason Flory, managing director for NexMetro Communities’ Austin and Atlanta Divisions. Flory added that the company is actively pursuing additional locations for new Avilla Homes neighborhoods in Central Texas. “While the increasing cost of homeownership is driving the appeal of new rental homes, we also are finding more renters by choice in the market.”
Renter households in 2024 grew at the second-fastest pace since 2021, while the number of homeowner households grew at the slowest pace since 2019, according to Redfin. According to Realtor.com, Austin tops the list of markets favoring renting over buying in part because of the high costs of home ownership.
The new Austin market gated Avilla Homes neighborhoods feature mostly detached single-level one, two and three-bedroom homes with hallmark private backyards, front porches, and high 10-foot ceilings. The open floor plans include ample storage and luxury finishes such as granite countertops, stainless steel appliances and hard-surface flooring throughout. The neighborhoods also feature a resort-style pool, outdoor barbeques, dog parks and more.
Flory said the company’s first three Avilla Homes projects opening this year represent nearly $200 million in capital investment in the Austin submarkets of Georgetown and Liberty Hill, with additional communities in the pipeline. He said NexMetro targets submarkets with strong demand drivers of population and income growth for its new Avilla neighborhoods, and seeks sites with excellent proximity to freeways, employment corridors, retail and services. NexMetro currently has 60 Avilla Homes neighborhoods representing more than 10,000 homes across the nation either completed, under construction or in development.
Avilla Vista Ranch: Opening in early February 2025, Avilla Vista Ranch features 150 homes on 14 acres in Liberty Hill, southeast of County Road 266 and State Highway 29. The site provides direct access to I-35 and US 183 corridors for convenient access to major employers like Dell Inc. and Southwest University.
Avilla Berry Creek Highlands: Opening in March 2025, Avilla Berry Creek Highlands features 224 homes on 25 acres in Georgetown, southwest of BCH Way and east of Texas SH 195. The site offers easy access to major employers like St. David’s Georgetown Hospital and Texas State University - Round Rock.
Avilla Rio Oaks: Scheduled to open in June 2025, Avilla Rio Oaks features 260 homes on 25 acres in Liberty Hill, near CR 263 and Seward Junction Loop 7864. The site offers convenient access to major employers like National Instruments Corporation and Cedar Park Regional Medical Center, along with top-rated schools in the Liberty Hill Independent School District.
For more information and to get on the VIP interest list, go to AvillaHomes.com
About NexMetro: NexMetro Communities is the nation’s leading developer of build-to-rent (BTR) neighborhoods offering lifestyle-conscious consumers a luxury leased home experience without the burdens of ownership. Established in 2012, NexMetro has developed Avilla Homes neighborhoods in prime Sunbelt submarkets including Phoenix, Dallas, Denver, Atlanta, Austin and Tampa. The company has redefined the traditional housing market by combining the convenience of apartment living with the comforts of a single-family home, with more than 60 neighborhoods completed, under construction and in development. NexMetro is the proven leader in the space, delivering with its business partners an in-demand lifestyle to our consumers and exceptional results to our investors. For more information visit www.nexmetro.com
About Avilla Homes: Avilla Homes provide a truly unique alternative to the typical rental experience. Avilla neighborhoods feature single-level, mostly detached homes for lease. The one, two, and three-bedroom floor plans feature front porches, outdoor patios and private backyards, along with upscale finishes such as 10-foot ceilings, granite/quartz countertops, and stainless-steel appliances. Avilla communities offer the perks of neighborhood living with optional garages, resort-style pools, outdoor barbeque and lounge areas, walking paths, dog parks, electric car-charging stations and other open spaces and amenities. For more information, to schedule a tour, and to view pre-leasing opportunities, please visit www.avillahomes.com