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City updates on Lennar subdivisions: Ridgeland sales strong, Windridge/Washington infrastructure underway
Summary
City planning staff reported sales and pricing data for Lennar’s Ridgeland subdivision, described the larger Windridge/Washington project in early infrastructure stages, and flagged how affordability caps and market dynamics affect the city’s attainable-housing goals.
City planning staff briefed the Kerrville City Council on Jan. 14, 2025 about two Lennar subdivisions—Ridgeland and Windridge—and the broader attainable housing picture in Kerrville.
Staff said Ridgeland (a planned 130-lot subdivision) has about 80 homes sold and roughly eight more under contract, based on closing data supplied by Lennar. “Ridgeland's a 130 lots…80 homes have sold so far,” City staff member Michael Hornace reported. The staff analysis showed an average net sale price since inception of about $254,000.
The staff presentation described how earlier affordability agreements set maximum sales price adjustments based on an…
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