New 1,500 home community coming to Terrell

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New 1,500 home community coming to Terrell
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A new community of roughly 1,500 single-family homes will soon come to Terrell. Construction on Northspur, a 608-acre master-planned community located...

will construct the first houses. Builders will begin selling in June and the homes will be finished late in the third quarter of 2024.Prices will range from the $300,000s to the $500,000s. Homes will range from 1.5 to three bathrooms and two to four bedrooms. A variety of lot sizes will be offered, representatives toldHines, a Houston real estate investment manager, and Trez Captial, one of North America’s largest non-bank commercial real estate lenders, are behind the development.

Hines acquired the land for Northspur in May 2021. Since then, the firm has worked to develop the infrastructure, including the construction of roads and utilities. Since 2005, Hines has completed 26 communities in its southwest region. Another thirteen are under construction. Projects underway in the Dallas-Fort Worth area include Aster Park, Brookhollow West, Creekside in Royse City, Lakewood in Prosper, Milrany Ranch, Merion at Midtown, Redden Farms, Saddle Star North and Wildflower Ranch.‘Everybody’s hurting.’ Low-income Dallasites struggle with taxes as property values soar

Preliminary estimates from the Dallas Central Appraisal District show that market values for county residential properties increased by roughly 15.5% in 2024.Nearly $9 million Colleyville estate listed by Bravo TV star hits market An English manor-style estate in Colleyville hit the market for $8.75 million. The home at 6401 Westcoat Drive is 9,599 square feet. It features five bedrooms, seven full bathrooms and one half bath. Bravo TV star Tracy Tudor is handling the listing.. Nick is a real estate reporter for the Dallas Morning News. He previously worked as a digital investigative reporter at 11Alive, Atlanta's NBC affiliate.

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