A California-based company, Homebound, has purchased over 1,000 home lots across North Texas, including more than 40 in Flower Mound, according to a news release.
The lots within The Villas at Lakeside, which are single-family residences within the 160-acre Lakeside mixed-use development, will be the first project Homebound starts on, per the news release.
What you need to know
The 44 lots acquired by Homebound sit near Lakeside Parkway, according to a map of the community. Home prices within Homebound’s portion of The Villas at Lakeside start at $1.79 million, with home sizes ranging from around 2,800 square feet to over 3,700 square feet, per Homebound’s website.
The company plans to build Mediterranean-style villas within Lakeside, and will be the final single-family homes in the Lakeside Village part of the development, per the news release.
Diving deeper
In addition to the acquisition of lots within Lakeside, Homebound also purchased lots in:
- Swan Lake in Dallas
- Park Place and Mosaic in Prosper
- Westhill Parks in Mansfield
The company is contracted for more than 1,065 lots in North Texas, per the news release.
“We are bringing a higher level of quality, clarity and customer advocacy to a market that is ready for a more streamlined building experience.” said Charlie Coleman, Homebound’s regional president in Texas, in a news release.
