New Build-for-Rent Community Going Up in Austin

Arizona home builder, NexMetro Communities, is developing Avilla Rio Oaks in Liberty Hill, north of Austin. 260 single-family rental homes will sit in the 25-acre development.

NexMetro has built two other projects near Austin, one in Liberty Hill and another in Georgetown. In total, the company is investing $164 million in the Austin metro with 634 rental homes across three communities.

NexMetro’s Jason Flory likes the Austin market , “Our expansion into Central Texas validates the tremendous appeal of this hybrid housing offering to consumers of all walks of life.

Site work for The Avilla Rio Oaks neighborhood is underway at County Road 263 and Seward Junction Loop. It’ll include homes with one to three bedrooms that are single-level and between 700 and 1,265 square feet. Each one will include a private backyard, a front porch, granite countertops and stainless steel appliances.