FORNEY – Wynne/Jackson has started construction on Overland Grove, a 1,000-home development on FM 548 between US 80 and I-20.
The developer is partnering with RAM Real Estate Capital on the $300 million project. Landmark Bank provided construction financing for the first 327-lot phase, which is expected to open in March 2019.
Taylor Morrison and CalAtlantic Homes will build the first phase. Homes will be priced between $275,000 and $400,000.
The city annexed and zoned the 336-acre property in fall 2017.
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