Avalonpark Texas LP Enters Agreement with David Weekley Homes to be Sole Home Builder at The Springs at Walnut Creek in North Austin, TX

AUSTIN, TX - David Weekley Homes has signed with Avalonpark Texas LP as exclusive home builder at The Springs at Walnut Creek, a new residential community under development near Interstate 35 and Yager Lane in North Austin, TX.

Richard Kunz, (top right photo)  who heads Avalonpark Texas LP, developers of The Springs at Walnut Creek, said David Weekley Homes will build 111 new homes priced from under $200,000 starting later this year.

Kunz said Avalonpark Texas LP is developing The Springs at Walnut Creek in three phases starting in June. Infrastructure improvements, two access roads and 55 single-family home sites are included in the first phase, which will be complete by September.

David Weekley Homes is expected to start construction of a model home and ready-to-move-in homes at The Springs at Walnut Creek that will open in October, Kunz said.

Development of a second phase with 56 single-family home sites should commence in the fall, Kunz said. A third phase with 40-60 town home sites should start next spring.

Kunz said single-family homes will be priced from $199,000 to $299,000. Town homes will be priced from the $150s.

Avalonpark Texas LP is a Texas joint venture of Avalon Park Group, which is headquartered in Orlando, Fla.

For more information, contact:
Richard Kunz Avalonpark Texas, L.P. 512-695 3356 rkavalonaustin@aol.com;
Beat Kahli, CEO Avalon Park Group / Avalonpark Texas, L.P. 407-658-6565;
Eric Marks, Vice President, Avalon Park Group 407-658-6565, ericm@avalonparkgroup.com;
Stephanie Hodson, Marketing Coordinator, Avalon Park Group 407-658-6565;
Larry Vershel, Larry Vershel Communications 407-644-4142, Lvershelco@aol.com