Photo by Graphic by Shawn EppsThe ongoing demand for housing in the Cy-Fair area has resulted in the development of new subdivisions throughout the first half of 2014.
"There are not many big parcels left in Cy-Fair, so builders are getting the little parcels that are left and building while the market is hot," said Jim Mulholland, broker of Mulholland Realty in Cypress.
Builders have largely concentrated on adding projects in western and northern Cy-Fair. Developments extend from The Falls at Dry Creek—a project on Schiel Road that will feature Ryland and Beazer Homes—to a Highland Homes project that just saw several houses go on the market this summer near Spring Cypress and Grant roads.
Homebuilders like Trendmaker Homes are leading the way with multiple projects going on in different communities. Trendmaker's concentration in the Fairfield area has not only yielded new homes in Fairfield but in Fairhaven Estates and Lakes of Fairhaven as well.
Trendmaker announced its newest unnamed project on Cypress Church Road in June. Expected to feature 125 homes, the subdivision will continue to cater to demand for homes in Cy-Fair as Fairfield reaches capacity. Home prices have not yet been determined, Trendmaker President Will Holder said.
South of Hwy. 290, Meritage Homes has plans to open its newest community, Mirabella, using open land west of Fry Road at the Tuckerton Road intersection. Community features will include a recreation center, swimming pool and walking trails.
Taylor Morrison's new 400-home project, Alder Trails, is also under construction on a 155-acre parcel of land on Barker Cypress Road. With plans in place for a 50-foot Villa Series, Taylor Morrison announced in May additional plans for 60-foot chateaus and a 70-foot Grande Series. Houses are expected to be up for sale in early 2015.
"Alder Trails represents an opportunity for us to continue the presence we established in Cypress with Park Creek and Cypress Creek Lakes," said Jim Ellison, vice president of Taylor Morrison's sales and marketing department in Houston. "We think Alder Trails offers a unique advantage for homebuyers, given the variety of floor plans and additional features available."
