In a statement Wednesday, Woliver said the first phase delivery is the largest of its kind in the Dallas-Fort Worth area. The project’s first phase will include 275 build-for-rent homes, a growing class of homes managed more like apartment buildings with shared amenities. Homes will start near $300,000.Īmenities include the looped paths and trails, a 20-acre lake, 11.5-acre signature trailhead, and community gather space with pools, parks, and adventure playgrounds. They’ll be constructing detached townhomes and cottages, larger single-family homes, and some custom homesites. The Oxland Group has assembled a list of builders that includes Trophy Signature Homes, Normandy Homes, CB Jeni Homes, Tri Pointe Homes, David Weekley Homes, Highland Homes, and Drees Custom Homes. 380 near Lake Forest Boulevard in McKinney. “It will also serve as a valuable stepping stone for further development north.”ĭevelopers have been turning ground on new residential communities up U.S. Chesmar, M/I, Landon, and Trophy Signature Homes being the builders in the subdivision. “This delivery will help provide a solution when demand is outpacing supply at record levels in North Texas,” Tom Woliver, co-president and founder of the Dallas-based Oxland Group, said in a statement. Homes for sale in Hollyhock Frisco Texas, All MLS real estate. Housing economists who track supply and demand have determined that a six-month supply is considered healthy. In Collin County, agents had 0.9 months of inventory in May, one-third of the total registered a year earlier, according to the MetroTex Association of Realtors. More available homes should ease the lack of inventory that’s created a tight real-estate market in Dallas-Fort Worth. The community is projected to open in 2022.

Now, the Oxland Group development firm announced that 1,200 of its residential homesites will be delivered in the project’s Phase One. Last month, it was the disclosure that the ongoing development would add 25 miles of paths and trails. Since October, the Painted Tree residential community under development in McKinney has been in the news - and for good reason.įirst, it was the introduction of the 3,400-home, 1,100-acre development itself, which the Oxland Group secured in early 2020. Drees Custom Homes will be among the builders in the Painted Tree community (Oxland Group)

Trophy signature homes