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New multifamily development signs onto Thomas Ranch

​​SPICEWOOD – Wasatch Premier Properties has acquired 58 acres within the Thomas Ranch master-planned community for the development of a 600-unit multifamily project.

The development will have room for 100 townhomes and 500 apartments.

Townhomes will come in two- and three-bedroom formats and start at 1,400 sf. Apartments will come in one-, two-, and three-bedroom floor plans and start at 650 sf.

Amenities will include a pool, fitness center, clubhouse, and a dog park.

Areté Collective, the master developer of Thomas Ranch, sold the land to Wasatch Premier.

Hensley Lamkin Rachel Inc. is listed as the project’s designer. ​