DENTON COUNTY - Crescent Communities has purchased an additional 100 acres to expand its newest master-planned community, Timberlake. The development now totals 370 acres, and is expected to get underway by early 2015. The project will be developed in partnership with Dallas-based Taylor Duncan Interests Inc.
Early plans for the tract of land includes 1,000 homes priced from $200,000s to $400,000s.
In 2012, Crescent bought 250 acres of land for the project, which will have access to Lake Lewisville.
Our twice-weekly e-newsletter provides a quick overview of Texas real estate markets. Because your time is valuable.