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RGC ResidentialVentures

The current project

The Townhomes at Pepper Creek Crossing

Temple, Bell County, Texas

One community, its own partnership, one exit.

One hundred and ninety-two for-sale townhomes in a Central Texas city that is adding jobs faster than it is adding housing a working household can carry.

Under development.

The completed two-story stone and siding elevation
The completed two-story stone and siding elevation

Temple sits in the Killeen, Temple and Fort Hood metropolitan area, a city of roughly ninety thousand people that draws its employment from Fort Hood and from the Teague Veteran's Medical Center, which alone carries more than 2,700 full-time positions. Austin is forty-five minutes away. Its schools carry an A rating from the state.

What that market has almost none of is new attached for-sale housing at an attainable price: 981 attached units in a city of 37,299 homes. The community is one hundred and ninety-two townhomes in forty-eight buildings, every home two storeys with a minimum of three bedrooms, an attached garage and its own rear yard, ranging from 1,230 to 1,700 square feet, with prices beginning at $199,900.

RGC acquires the land, entitles it, designs on it and builds it, all inside one group of companies. The general contractor is the sponsor's own construction arm under a design build contract and an AIA guaranteed maximum price contract, which is the mechanism that holds the cost where the underwriting put it.

It is one community in its own partnership, and it stands on its own. How it is structured is described to the people RGC already knows, in the private portal, after a conversation.

What is being built

Structure
One community, its own partnership
Homes
192 for-sale townhomes
Buildings
48, four homes to a building
Sizes
1,230 to 1,700 square feet
Bedrooms
Three at a minimum
Prices from
$199,900
Amenities
Pool, splash pad, playground, pickleball court, pavilion, dog park
Construction
Design build plus AIA guaranteed maximum price
Sponsor
RGC Multifamily Ventures, LLC
General contractor
The sponsor's own construction arm