Chisholm Trail Ranch sells 268 acres for Fort Worth housingChisholm Trail Ranch sells 268 acres for Fort Worth housinghttps://www.recenter.tamu.edu/news/newstalk-texas/?Item=31542014-09-09T13:06:00Z2014-09-08T06:49:00Z

FORT WORTH - Chisholm Trail Parkway provides more than quick passage from Fort Worth to Cleburne; the $1.4 billion toll road also promises new housing, retail and office options.

All those elements are taking shape at Chisholm Trail Ranch at McPherson Boulevard and Chisholm Trail Parkway in southwest Fort Worth, according to Steve Saxon, co-founder of Legacy Capital Co.

Legacy, along with Stratford Land Co., sold 268 acres of the 625-acre, mixed-use development to project developer Walton Group of Companies.

Those 268 acres represent the property’s single-family housing component. The remaining retail and office acreage is still owned by Legacy Capital.

The first 50 of 1,100 planned single-family homes are expected to be constructed by late 2015, according to Steve Saxon, co-founder of Legacy Capital Co.

Homes will be priced from the mid $200,000 to high $300,000 range. Two residential phases have been confirmed, one on the east and one on the west side of Chisholm Trail Pkwy.

The first phase will span 50 acres, with the second covering 225 acres and including a planned elementary school in the Crowley school district.

Chisholm Trail Ranch marks the first major real estate project announced for the Chisholm Trail Pkwy. corridor. Since the 27.6-mile toll road opened this summer, motorists have enjoyed swift passage between I-30 near downtown Fort Worth and US 67 in Cleburne.

Fort Worth Business Press
Dallas-Fort Worth-Arlington
http://fwbusinesspress.com/fwbp/article/1/6822/News-Categories-Real-Estate/Chisholm-Trail-Ranch-first-homes-expected-in-late-2015.aspxRead more at {Source}

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