Several developments are bringing $1 million-plus new homes to Dallas-Fort Worth.
Lingenfelter Custom Homes, Pentavia Custom Homes and Denton Creek Builders are at work on eight homes priced around $3 million in Bartonville, a small town in Denton County. Lewisville-based Cana Capital developed the lots, all of which are at least 2 acres, the Dallas Business Journal reported.
The median home price in Denton County, north of Dallas, is $475,000, according to Redfin, while the midpoint for the Dallas market is around $436,000.
About 30 lots are left in the 87-acre development in Bartonville, known as Eagle Ridge; the Sharma Group at Compass is marketing them.
A development with homes starting at $1.2 million is coming to the tony suburb of Westlake.
Houston-based developer Lovett is seeking local approval for a subdivision called Solana Hills, where it plans to develop lots for builders of custom homes, plus “patio homes” and townhomes, the Dallas Business Journal reported.
About 59 residences are planned for the 33-acre tract. The lots will span 3,000 to 15,000 square feet. The city’s planning and zoning commission asked the developer to consider reducing the number of homes and to add more green space, including public walking trails.
Total Environment Homes is no poor sod.
The India-based developer is building 121 homes in a 56-acre east Frisco development called Tapestry, the Dallas Morning News reported. All of the rooftops will be covered in grass, a design and technique intended to replace ecology that existed before the development. It wasn’t reported what type of grass is being planted, but the development is on Little Bluestem Lane, named after a native prairie grass.
It has other environmental perks as well, as the sod can keep homes cooler in summer and warmer in winter while reducing runoff.
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The development has six geothermal wells buried 300 feet underground that keeps the water supply out of danger from extreme weather.
Homes ranging from about 3,300 to 5,500 square feet are priced $1.3 million to $1.9 million.