Lennar Buys Homesites at Whitewing Trails in Princeton Texas

Centurion American sold its first lots for the latest phase of Whitewing Trails this week.

Lennar Homes bought fifteen lots in Whitewing Trails, Centurion American’s 850-acre master-planned community in the Collin County town of Princeton, Texas, according to public records. Lennar is the first homebuilder to acquire lots in this 30-acre third phase, which Centurion platted to accommodate 100 homes.

The whole Whitewing Trails development will eventually include 2,500 single-family homes and about 400 multifamily units, according to reports from 2019, when Centurion bought the land from Arizona-based Macavity Co. Homes in the first phase, which includes 366 residential lots, began selling in 2021.

So far, about 2,000 lots have been developed, Centurion American’s Mehrdad Moayedi told The Real Deal.

The development spreads north of Monte Carlo Boulevard and west of FM 75 on the northwest side of Princeton. Residential lots in this third phase of the project range from 6,000 square feet to 10,135 square feet, or about 0.1 acres to 0.2 acres.

Moayedi initially purchased the deal out of bankruptcy in Arizona, he said. In addition to Whitewing Trails, Centurion American has another development in Princeton and is considering a third.

“Princeton is a great place for the type of homes that we build,” he said.

Homebuilders D.R. Horton, Pulte Homes and Beazer Homes have all bought homesites in previous phases of the development, public records show.

Phase three is the latest Whitewing plat in public records, but Centurion’s nearby holdings also include a vacant parcel of 160 acres in two non-contiguous tracts, with one running along Ticky Creek parallel to FM 75 and the other at the unfinished northwest end of Dowlin Parkway in the subdivision. The company sold a 232-acre parcel north of the subdivision to D.R. Horton in 2024, according to deed records.

The U.S. Census Bureau determined last year that Princeton grew faster than any other city in America in 2024. During this period, Princeton’s population grew by more than 30 percent to 37,000, more than double its 2020 population of 17,000. Princeton’s rapid growth drove city officials to impose a moratorium on new development within city limits between September 2024 and November 2025.