LEWISVILLE - Gehan Homes has purchased 21.24 acres of land near State Highway 121 and Denton Tap Rd. from Irving-based Realty Capital Management.
The land will be used to develop 86 single-family homes in the Highpoint Oaks development, where about 25.3 acres of land slated for retail and light industrial use is up for sale.
In 2012, Gehan Homes, along with First Texas Homes, purchased 121 acres of land for residential development in Prosper.
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