A joint venture of Frankel Design Build and U.S. Capital Advisors is poised to transform a historic Houston-area site into a luxury ranch community.
The project, called Gates Crossing, will span 1,899 aces and comprise 40 mini ranches, the Houston Chronicle reported. The property is located in Washington County, roughly an hour north of downtown Houston.
Home sites will range from 14 acres to 160 acres, with prices between $600,000 and $4.8 million. The smallest homes are expected to be about 2,800 square feet. Compass is marketing the property.
The site holds historical significance as it was originally settled by Amos Gates, a member of the “Old Three Hundred” early Texas settlers. Gates, believed to be the first white American settler to cross the Brazos River as part of Stephen F. Austin’s original colony, established his homestead on the rolling terrain above the Brazos River, where he and his family are interred in a historic cemetery on the estate.
The Frankel Design-U.S. Capital venture purchased the property just over a year ago. The sprawling site, located near Highway 6 between Highway 105 and U.S. 290, has been rejuvenated with fresh grass and 1,000 trees.
Frankel Design president Scott Frankel, known for developing gated communities in The Woodlands and Spring areas, aims to replicate this strategy in a rural setting.
Gates Crossing will offer residents access to new roads, infrastructure and various services, such as landscaping and generator services. Prospective buyers will also be assisted with project management, in-house designers, architects and contractors, the outlet said.
Residents will enjoy access to a 600-acre preserve along the Brazos River, featuring over 3 miles of water frontage and designated areas for recreational and hunting activities.
The first batch of homes are expected to be move-in ready by early 2025.
—Quinn Donoghue