1,700-acre Trinity Falls gets new owner

McKINNEY – The Johnson Development Corp. and Tricon Capital Group Inc. have purchased Trinity Falls, Collin County’s largest master-planned development.

The joint venture purchased the 1,700-acre community from Austin-based Castle Hill Partners.

At buildout, Trinity Falls will offer around 4,000 new homes along with retail and commercial space. Land has been reserved in the development for up to four elementary schools, all part of the McKinney ISD.

Homes start in the mid $200,000s and are by Ashton Woods Homes, Beazer Homes, Emerald Homes, Gehan Homes, Highland Homes, Meritage Homes, and Plantation Homes.

Since its grand opening in 2014, the community has sold close to 700 sites to builders, and 300 homes have already been completed.