Perch Dripping Springs is a 266-home build-to-rent community with 28,000 square feet of neighborhood retail, on 53.8 acres fronting US-290 west of Austin near Belterra. The plan pairs 204 stand-alone cottages with 62 townhomes averaging 1,113 square feet, delivering single-family living without the cost of ownership in a corridor where new rental supply is tightly constrained by water and wastewater capacity. Developed with Good + West Residential, the community is designed as the rental anchor of a fast-growing stretch of the eastern Hill Country.