Is Austin Point in Richmond, TX Worth the New Construction Price?

Q: What amenities does Austin Point have open right now?

Phase one includes The 1824, a social hub with a café, wine bar, and covered porch, plus an outdoor concert lawn and children's play areas. Additional amenities, including a sports and recreation center and more trail systems, are planned for future phases but aren't built yet. If amenities being fully open on move-in day matters to you, confirm what's actually completed versus what's still on the master plan before you commit.

Katie Curran

Aug 31

5 min read

Austin Point's new-construction homes in Richmond, TX start in the high $200s and climb past $900K, depending on builder and lot. Whether that price is worth it comes down to what you're trading for it.

New construction homes in Austin Point, a master-planned community in Richmond, TX

TL;DR:

Austin Point is a 4,700-acre new-construction community in Richmond, TX, built by nine different builders with prices ranging from the high $200s to over $900K. Homes sit in Fort Bend ISD, zoned to Velasquez Elementary, Ryon Middle, and George Ranch High. Compared to an established community like Pecan Grove, Austin Point offers newer construction and long-term appreciation potential — but at a real price premium, with some amenities still being built out in phases.

If you're weighing new construction in Richmond, TX against an established Fort Bend County neighborhood, Austin Point is probably already on your list. Katie Curran and Mario Djordjilov of MKAT Group at Keller Williams Signature work with buyers across Richmond, Katy, and the Greater Houston area, and Austin Point comes up constantly for buyers who want new construction without leaving Fort Bend County.

What Is Austin Point in Richmond, TX?

Austin Point is a 4,700-acre master-planned community in Richmond, TX, developed by The Signorelli Company at the intersection of the Grand Parkway and Fort Bend Parkway. Nine builders — Ashton Woods, Beazer Homes, CastleRock Communities, David Weekley Homes, Drees Homes, Newmark Homes, Perry Homes, Westin Homes, and William David Homes — are building homes ranging from about 1,300 to 4,500 square feet on lots from 35 to 70 feet wide. At full build-out, the community is planned for roughly 14,000 homes and a population near 50,000 — a scale Fort Bend County hasn't seen from a single community in over 40 years.

How much do homes in Austin Point actually cost?

You'll see a wide spread depending on builder and phase. CastleRock's entry point starts around $260K for smaller floor plans; David Weekley's Terrace Collection starts near $340K; Westin Homes lists from the mid-$390s. On the upper end, larger estate-style homes from builders like Drees or Perry push past $900K. That range isn't a fluke — it's the point. Nine builders competing for the same buyer pool means you can shop price points inside one community instead of cross-shopping five different subdivisions.

What Schools Serve Austin Point?

Austin Point sits in Fort Bend ISD, zoned to Velasquez Elementary, Ryon Middle School, and George Ranch High School. If school zoning is a deciding factor for your family, always confirm current attendance boundaries directly with Fort Bend ISD before writing an offer — new-construction communities get rezoned more often than established ones as enrollment grows.

Do new-construction communities like Austin Point usually get rezoned?

Yes, more often than older neighborhoods. As a community like Austin Point adds thousands of homes over its 30-year build-out, Fort Bend ISD periodically adjusts boundaries to balance enrollment across campuses. It's worth checking zoning status again at the time of your purchase, not just when you first tour the community.

How Does Austin Point Compare to an Established Community Like Pecan Grove?

Pecan Grove — Richmond's original master-planned community, developed in 1977 around a 27-hole private golf course — is the clearest contrast point in the area. Here's how the two stack up:

	Austin Point	Pecan Grove
Built	Breaking ground now, 30-year build-out	Established 1977, fully built out
Price range	High $200s–$900K+	$200K–$675K, most homes $250K–mid-$400Ks
Home style	New construction, energy-efficient	Resale, traditional to contemporary
Lot character	Newer landscaping, front porches	Mature trees, mid-century lot layouts
HOA	Varies by builder/phase	$250/year
Amenities	Phase-1 hub open, more coming in phases	Fully built: golf course, pools, tennis, trails

If you want everything finished and functioning on day one, Pecan Grove hands you that today. If you want to buy in early and let equity build as Austin Point's remaining phases come online, that's the trade you're making the other direction.

Is Pecan Grove a good comparison for buyers considering Austin Point?

Yes, if you're deciding between new construction and an established neighborhood in Richmond, TX. Pecan Grove gives you a fully mature community with amenities already open. Austin Point gives you new construction and more room for the home's value to grow as the surrounding development fills in. Neither is the "right" answer — it depends on whether you'd rather move into something finished or grow into something new.

Why Does This Matter for Buyers Considering Richmond, TX?

Fort Bend County keeps adding new-construction inventory at a pace most Houston-area suburbs can't match, and Austin Point is one of the largest examples of that right now. For buyers, that means real price competition between builders inside a single community — something you don't get shopping five separate neighborhoods one at a time. For anyone thinking long-term, getting in during an earlier phase of a 30-year build-out has historically meant more room for appreciation than buying into a neighborhood that's already fully built and priced accordingly. That's not a guarantee. It's a pattern worth knowing before you decide where your dollar goes further.

How long will it take for Austin Point to be fully built out?

Austin Point is projected to develop over roughly 30 years. Phase one, already underway, includes about 421 homes across all nine builders. That means if you buy now, you're moving into a construction zone for a while — new sections, new amenities, and ongoing building traffic will be part of daily life for years before the community reaches its final shape.

What amenities does Austin Point have open right now?

Phase one includes "The 1824," a social hub with a café, wine bar, and covered porch, plus an outdoor concert lawn and children's play areas. Additional amenities — including a sports and recreation center and more trail systems — are planned for future phases but aren't built yet. If amenities being fully open on move-in day matters to you, confirm what's actually completed versus what's still on the master plan before you commit.

Is flooding a concern in Austin Point?

Fort Bend County has flood-prone areas, and it's a fair question to ask about any new community here. Austin Point's builders have incorporated elevated home pads, large regional detention lakes, and a master stormwater system as part of the community's engineering. You should still verify the flood zone status of any specific lot through the FEMA Flood Map Service Center before you buy — that's true anywhere in Fort Bend County, not just here.

How far is Austin Point from Houston?

Once the Fort Bend Parkway and Grand Parkway interchange is complete, Austin Point is projected at roughly a 25-minute commute to the Texas Medical Center and downtown Houston. Until that infrastructure finishes, expect commute times to run somewhat longer depending on your route and time of day.