If you’ve driven past the Rocking Wilco development lately and wondered why construction went dead quiet, here’s your answer: the builder walked.
Onx Homes Inc., a Carrollton-based modular home manufacturer, has abandoned its Georgetown homebuilding project — leaving several dozen half-finished houses scattered across the development. Some are close enough to move-in that you can see the paint colors. Others are nothing but a concrete slab staring at the sky.
It gets worse. About 20 miles from the stalled neighborhood, Onx also quietly vacated its 204,000-square-foot lease at Jackson Shaw’s CrossPoint Business District on North I-35 — the massive facility the company had been using to fabricate its modular homes. They were CrossPoint’s very first tenant when they signed in 2022, back when Onx was being pitched as a tech-forward homebuilder that was going to do things differently.
Different turned out to mean leaving.
What we know
KVUE reached out to Onx CEO Ravi Bhat for comment. The Austin Business Journal reported this week that a lawsuit is now involved, though the details of the litigation haven’t been fully disclosed publicly.
What’s clear from the street: construction on the Rocking Wilco neighborhood has stopped. Homes at various stages of completion sit idle. For buyers who signed contracts expecting to close on a new home in Georgetown, the situation is exactly as bad as it looks.
Why this matters for Georgetown
Georgetown has been growing at a pace that makes most cities nervous — and fast growth means a lot of builders chasing a lot of lots. When a project this size stalls, the ripple effects hit city planning, neighboring property values, and the buyers caught in the middle.
If you purchased a home in Rocking Wilco or know someone who did, you need to talk to a real estate attorney now, not later. Document everything — your contract, your deposit, any communications from Onx.
The City of Georgetown hasn’t issued a public statement as of this writing. We’ve reached out and will update this story when we hear back.
This is a developing story. Follow ForGeorgetown.com for updates.