If you’ve driven Ronald Reagan Boulevard lately, you already know the corridor is transforming fast. Now add this to the list: Freehold Capital Management is proposing to convert an active, spring-fed rock quarry in that area into a full-blown residential neighborhood called Yearwood — roughly 1,900 homes.
That’s not a typo. Nineteen hundred homes, on what is currently a working quarry.
The project landed in Georgetown’s development pipeline this week, drawing attention from the Austin Business Journal and local observers who’ve been watching the Ronald Reagan corridor fill in at a pace that would’ve seemed impossible a decade ago. Freehold Capital is the developer behind the Yearwood name, though specifics on phasing and timeline haven’t been fully disclosed as the proposal moves through the city’s review process.
What we know so far:
The site is described as an active quarry with spring-fed water features — which, if you’ve ever tried to buy land in Williamson County, you know that’s not nothing. Spring-fed anything is a selling point, and you can bet the marketing materials will lean hard on whatever scenic elements survive the transition from industrial extraction to residential development.
At 1,900 homes, Yearwood would represent a meaningful chunk of Georgetown’s ongoing growth. The city has been absorbing thousands of new residents annually — Georgetown consistently ranks among the fastest-growing cities in the country — and projects like this are how that math actually works. Someone has to build the houses.
The bigger picture on Ronald Reagan:
This isn’t happening in isolation. The Ronald Reagan Boulevard corridor has been one of Georgetown’s most active development zones. New neighborhoods, commercial pads, and infrastructure projects have been stacking up out there as the city’s footprint pushes further north and west. Adding 1,900 homes to that mix will put real pressure on road capacity, school enrollment at Georgetown ISD, and utility infrastructure — all things the city will have to account for as the proposal advances.
I’ll be watching the city council and planning commission agenda for when Yearwood comes up for a formal hearing. That’s when we’ll get the real details: density, price points, what’s being set aside for amenities, and whether the city negotiated anything meaningful in exchange for the zoning approval.
What it means for you:
If you’re a homeowner in the area, more supply is coming — which moderates prices but also brings more neighbors, more traffic, and longer waits at whatever HEB or Chick-fil-A ends up anchoring the retail nearby. If you’re a buyer sitting on the sidelines, a project this size means more options at some point in the next few years, assuming the timeline stays on track.
We’ll have more as the Yearwood proposal moves forward. In the meantime, if you work in or near that quarry operation and have more details on the transition timeline, my inbox is open.