Proceeds from the sale of bonds from Brazoria County Municipal Utility District No. 82
Use of Proceeds:
Reimbursement of eligible public improvements
Ashland
Brazoria County
Ashland is a 527-acre primarily residential development located 45 miles southwest of downtown Houston.
The project is being developed by Ashton Gray Development.
At full build out, the Project is anticipated to include 963 single-family detached homes, 8.7-acres of multi-family, and 44.5-acres of commercial development. The project also includes a new elementary and junior high school, which are open and welcomed students in August 2025.
At the time of issuance:
47% of the lots were finished.
92% of lots were sold or under contract with third-party homebuilders.
15% of the homes were complete or under vertical construction.
35% of the reimbursable budget had been spent with $37.4M of reimbursable costs currently outstanding to the Developer.
