Westicke Properties

Westicke Properties Real Estate Investment and Development

Maturing loan volume is up slightly month over month, increasing from 199 to 205.The 12-month outlook on the amount comi...
06/23/2026

Maturing loan volume is up slightly month over month, increasing from 199 to 205.

The 12-month outlook on the amount coming due is down significantly from $3.9B in April to $900M in May.

Distressed assets remain stable at 34 properties, down one from the previous month.

Transaction volume declined month over month, with 63 transactions in April compared with 34 in May.

The highest transaction value increased to $90M, up from $81M in April.

Data: Clint Yoder, Stewart Title

06/22/2026

Water supply planning continues to be one of the most important long-term issues facing communities across Central Texas, including Burnet. While we are in a much better position than most cities, residents should be aware that several future changes could affect water conservation rules, long-term water costs, and how cities plan for future growth.

One change that may occur in the next couple of years involves outdoor watering. LCRA has indicated that future rules may limit yard watering to no more than once per week. While this type of rule would help conserve water and protect the Highland Lakes system during dry conditions, it could also reduce overall water consumption. That is good from a conservation standpoint, but it can also affect water utility revenues, since the cost to operate and maintain the water system does not decrease at the same rate as water usage. Over time, that kind of reduction could place pressure on future water rates.

Residents should also be aware that the cost of raw water from LCRA may increase in the future. One major issue involves debt related to the LCRA Arbuckle Reservoir, which was constructed downstream. That debt is currently expected to be included in LCRA water rates around 2035. If that occurs as currently planned, it could result in a significant increase in the cost of water for cities and other firm water customers. It is possible that LCRA may continue to look for ways to delay or reduce that impact, but there is no guarantee.

The year 2035 is also important for Burnet because that is when the City’s current water contract expires. Under future contract terms, the City will be required to pay a reservation fee on contracted water it does not use. Burnet currently has 4,000 acre-feet under contract but uses approximately 1,000 acre-feet annually, meaning the City could be required to pay 50% of the cost of the remaining 3,000 acre-feet simply to preserve access to that water for future growth and long-term reliability.

These long-term uncertainties are one reason the City has remained focused on maintaining groundwater supplies in addition to the surface water we purchase from LCRA. Having multiple water sources strengthens the reliability of Burnet’s overall water system and reduces our dependence on any single source. It is also why the City remains committed to expanding its groundwater capacity, including efforts to bring the Valley Street Well back online.

The bottom line is that there is nothing residents need to do differently today beyond continuing to use water wisely and following current watering rules. However, water supply and water cost issues are expected to become more important over the next nine to ten years. The City will continue to monitor these discussions closely, maintain and expand our groundwater capabilities, and advocate for approaches that protect Burnet’s long-term water supply while also considering the financial impact on our residents.

Beautiful 🤩
06/11/2026

Beautiful 🤩

Which house style is your favorite?

From Cape Cod cottages to Craftsman bungalows and Ranch homes, American residential architecture has taken many forms over the centuries.

Each style reflects the era that shaped it — from classical symmetry to handcrafted details and open, low-profile living.

06/09/2026

Fort Worth’s long-awaited Panther Island could soon see its first major development project. A proposed $100 million mixed-use development would bring new housing, retail and public improvements. Learn more: https://cfw.pub/4e4u4Wm

06/02/2026

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705 First Street, Suite 204
Marble Falls, TX
78654

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