AUSTIN, TX - NexMetro Communities, a leading national developer of build-to-rent (BTR) home neighborhoods, has opened Avilla Rio Oaks in Liberty Hill Texas, representing the developer’s third BTR luxury leased home community opening in the past six months in the greater Austin region. Located on 25 acres in Liberty Hill, off Texas State Highway 29 and U.S. Route 183, Avilla Rio Oaks features 260 new maintenance-free, mostly detached apartment homes in a gated enclave to the growing Northwest Austin market.
The region’s sustained population and job growth, driven by major employers and in-migration, continue to fuel housing demand, along with high home prices and consumer appeal of new home rentals, said Jason Flory, regional managing director for NexMetro Communities’ Austin Division.
“As housing costs and mobility needs evolve, renting a new home has become the smarter, more flexible option for many households – from young professionals to empty nesters,” Flory said, adding that renting a new home continues to be more affordable for most Americans than owning, with research by groups like Freddie Mac indicating that changing attitudes toward renting are playing a significant role in the growing demand for rental housing. “The recent moderation in new supply in the Texas Hill Country and greater region is setting the stage for improving rental market dynamics as strong demand meets a stabilizing supply pipeline.”
Avilla Rio Oaks’ stylish one-, two-, and three-bedroom mostly detached, single-level rental homes feature 10-foot ceilings, private backyards and front porches, open floor plans, granite countertops, stainless steel appliances and hard-surface flooring throughout. All Austin-market Avilla neighborhoods are gated and offer garages, covered parking areas and amenities such as a resort-style pool and spa, outdoor grills, lounge areas, at least one dog park, walking paths and grassy, open space. The community maximizes convenience and luxury with an EV charging station, a 24/7 emergency maintenance team, smart-home technology, and no restrictions on dog breeds or sizes.
Avilla Rio Oaks joins sister communities Avilla Vista Ranch in Liberty Hill, and Avilla Berry Creek Highlands in Georgetown. This third neighborhood will bring NexMetro’s combined development investment in the Austin market to nearly $198 million. With leasing and construction underway on its first three Avilla neighborhoods, the company continues to actively seek additional sites in Central Texas where demand for luxury leased living remains high.
“For a growing share of Americans, renting isn’t a compromise, it’s a strategic lifestyle and financial choice that offers convenience and access to quality living without the burdens of ownership,” Flory said. “By focusing on sought-after suburban locations, we align our new rental home neighborhoods with what residents value most with space, quality and lifestyle.”
NexMetro has more than 10,000 homes representing more than 60 neighborhoods completed or underway in markets across the Sunbelt including Phoenix, Dallas-Fort Worth, Austin, San Antonio, Denver, Tampa and Atlanta. NexMetro's continued expansion in the Austin market demonstrates the company's strategic growth in key locations with excellent proximity to freeways, employment corridors, retail and services. For more information on our Avilla Homes neighborhoods, go to AvillaHomes.com. For self-guided tours or to learn more about Avilla Rio Oaks, visit AvillaRioOaks.com
About Avilla Homes: Avilla Homes provides 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
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 indemand lifestyle to our consumers and exceptional results to our investors. For more information visit www.NexMetro.com