If you’re thinking about relocating to Texas and looking for a place to call home, Pecan Springs Ranch might have caught your attention. This sprawling 1,500-acre ranch offers a luxurious lifestyle with breathtaking hill country views, first-class amenities, and plenty of outdoor activities. However, before packing up and moving, you need to know Pecan Springs Ranch cost.
What is Pecan Springs Ranch?
Pecan Springs Ranch is a private community located in Burnet County, Texas, about an hour northwest of Austin. This gated community is built around a 200-acre private lake and features over 2,000 homesites, each ranging from 1 to 10 acres. The ranch offers a variety of housing options, including custom-built homes, cottages, and villas.
The Cost of Real Estate
View this post on Instagram
The cost of living at Pecan Springs Ranch starts with the real estate prices. The cost of a property varies depending on its size, location, and features. According to the Pecan Springs Ranch website, lot prices range from $75,000 to $350,000. If you choose to build your home, you will need to budget for construction costs, which can range from $150 to $400 per square foot.
If you prefer to buy an existing home, the cost will vary based on the home’s size, style, and finishes. The average home price at Pecan Springs Ranch is around $750,000. However, some homes can cost over $2 million.
Property Taxes
In Texas, property taxes are a significant expense for homeowners. The property tax rate in Burnet County is around 1.48%, which means if your home is worth $500,000, you can expect to pay around $7,400 in property taxes annually.
Homeowners Association Fees
Pecan Springs Ranch has a homeowners association (HOA), which oversees the community’s management and maintenance. HOA fees at Pecan Springs Ranch vary based on the property size and location, but on average, they range from $200 to $500 per month. The HOA fees cover the maintenance of the community’s amenities, including the lake, trails, parks, and common areas.
Utilities and Services
In addition to property taxes and HOA fees, you’ll need to budget for utilities and services. These expenses include electricity, water, gas, internet, and TV services. The cost of utilities at Pecan Springs Ranch is comparable to other areas in Texas.
Cost of Living Compared to the National Average
When considering the cost of living at Pecan Springs Ranch, it’s essential to compare it to the national average. According to Numbeo, the cost of living in Burnet County, where Pecan Springs Ranch is located, is 8% lower than the national average. Housing costs are 27% lower, while utilities and transportation are slightly higher.
Is It Worth It?
The cost of living at Pecan Springs Ranch is undoubtedly high, but for many residents, it’s worth it. Living at Pecan Springs Ranch offers a luxurious lifestyle, with access to world-class amenities and breathtaking hill country views. The community is also known for its friendly and welcoming atmosphere, making it an ideal place to call home.
Conclusion
Sending Monday JOY from Pecan Springs Ranch. We loved getting this gallery back from @laceyandleephoto of Amanda and Sam.
In conclusion, the cost of living at Pecan Springs Ranch is high, but it’s a price many are willing to pay for the luxurious lifestyle and stunning views. When considering relocating to Pecan Springs Ranch, it’s essential to factor in the cost of real estate, property taxes, HOA fees, and utilities. However, for those who prioritize luxury and a close-knit community, Pecan Springs Ranch might be the perfect fit.
FAQs
- What kind of amenities does Pecan Springs Ranch offer? Pecan Springs Ranch offers a wide range of amenities, including a private lake, hiking and biking trails, parks, sports courts, and a community center with a fitness center, pool, and spa.
- Can I customize my home at Pecan Springs Ranch? Yes, you can customize your home at Pecan Springs Ranch. The community allows residents to work with architects and builders to design and construct their dream home.
- How safe is Pecan Springs Ranch? Pecan Springs Ranch is a gated community with 24/7 security and patrols, making it a safe place to live.
- Are there schools near Pecan Springs Ranch? Yes, there are several schools near Pecan Springs Ranch, including Burnet Consolidated Independent School District, Marble Falls Independent School District, and Llano Independent School District.
- Can I rent a home at Pecan Springs Ranch? No, Pecan Springs Ranch does not allow home rentals. All residents must own their property.
Overall, the cost of living at Pecan Springs Ranch is undoubtedly high, but it’s important to consider the value it offers. If you prioritize luxury, natural beauty, and a close-knit community, Pecan Springs Ranch might be the perfect place for you to call home.