As the new River Ranch Subdivision progresses, with roadways and infrastructure going into place, new housing is just around the corner.
Eddie Gray of River Ranch Holdings, LLC, was on hand at the Dayton City Council meeting Thursday, June 16, and spoke about the project. He said 200 lots are going on the market in the very near future, with 300 more already ordered by builders. First American and DR Horton Homes are among the builders in place for the new development.
“We think we’re making real progress out at River Ranch. We are getting ready to close out on 200 lots. The homebuilders think they will have those homes built in one year, and they are asking us to build 300 more and have those lots built within a year,” said Gray.
Before Gray spoke to those in attendance, the council voted to approve a new fire protection agreement with River Ranch.
The terms of the agreement would see the Dayton Volunteer Fire Department provide fire services to the homes in the subdivision at the cost of $12 per home per month. That total cost would come out to $144 a year per household. Currently, the subdivision is inside of the Liberty County ESD No. 3 taxing entity, but they cur rently have no viable way to offer that protection.
River Ranch will also be responsible for the costs associated with each run in the subdivision.
The agreement is for three years and has an option for two separate one-year renewals. At that time, the discussion may include the possibility of a substation for the fire department within the subdivision, according to City Manager Steve Floyd. Floyd was very complimentary of the working relationship with River Ranch.
The massive 7,000-acre development is expected to have around 14,000 lots. Some estimates have been estimated at a projected 200 plus homes per year once home construction begins.
“In regard to our fire protection agreement. I want to say that Kimberly Judge, Brandon Davis, and Steve Floyd have worked with us, and I think that we’ve worked out a good agreement that will be good for both parties and I look forward to working with them and with you on future things that we do,” concluded Gray.