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Lexington in Frisco UPDATE regarding K Hovnanian Homes, Landon Homes, Toll Brothers Homes, Shaddock Homes and John R Landon Homes


Lexington in Frisco, the newest Gated community in Frisco, is well underway. Streets are graded, a portion of retaining walls are up and there is constant activity on the community so they look right on schedule. This will be a new Richwoods!

 

 
Plans are different for each builder, but I expect the first sales trailers to drop July or August from the development stage. 

Lexington is going to be an amazing Gated community with some of the top builders like K Hovnanian Homes, Landon Homes, Toll Brothers Homes, Shaddock Homes and John R. Landon homes.

  
Call or text Brad Holden at (469) 733-2723 for more on Lexington in Frisco or any of the builders I mentioned above. 

  BRAD HOLDEN – HOLDEN NEW HOMES – LICENSED TEXAS REAL ESTATE BROKER

Inspiration Development in St Paul (Wylie) has some serious Potential for an Amazing Community by Lake Lavon!


  Inspiration Development in St Paul, Texas truly has what most people are looking for in today’s hot housing market! Located right on the border of Wylie, Inspiration is a new community in St Paul, Texas situated on 593 acres adjacent to the historic town of St Paul. 

   
 In the pictures above, you notice the proximity to major highways like 75 and George Bush is a big appeal for new homeowners. And the fact it is situated almost a half mile a way from boat docks to Lake Lavon, really will fill a void to many out of towners or relocations when making their final decisions on where to purchase. (Lake Lavon is one of the largest lakes in Texas!) 

There is also a 32 mile hike and bike trail around Lake Lavon which will be easily accessed by Inspiration home owners! 

  Inspiration truly might have the most beautiful drive up with an entry, waterfall sign that at night has laser beams shooting out of it! And the two large ponds with a beautiful greenish blue water also help differentiate this development from any other in the North DFW area. 
  

One very unique feature that everyone will notice is Inspirations 86 foot span of distinctive metal arches and stone pillars! (Which also has laser beams!) 

  

Inspiration plans to have a 10,000 square foot resort style community center that will feature multiple pools, a bath house, outdoor pavilion, playground and open play fields. It is planned only 300 feet from Lake Lavon to capture beautiful Lake Views!

  In a way, it looks like they plan to incorporate a lot of Windsong Ranch look with the buildings and blow Richwoods out of the water with the size of that Pool! I am also told there will be multiple pools throughout Inspiration. 
  WOW!
   
 Inspiration will have an on site Elementary School named George W. Bush Elementary that is already underway and will fall within the Wylie School District. (See below)

  Currently Inspiration will be at Akin Elementary, Bill F. David Intermediate, McMillan Junior High and Wylie East High School. 
  Current plans for Inspiration is a buildout of 1,400 homes. That’s VERY big! Currently, they are in Phase 1 but towards the end of available lots! 

  Here’s a very important part, THE BUILDERS!

I am pretty impressed with the line up that Huffines Development put together for Inspiration. 

  
You have some very important builders like K Hovnanian Homes (KHOV), Highland Homes and Meritage Homes in the section with standard lots at 60 wide by 130 deep! 

Highland Homes has around 15 spec homes in different stages that plan to be ready in various upcoming months. 

  

All 3 builders first purchased 40 lots and are almost completely out! 

  And those are some pretty deep lots for that price point! Which means backyards will all be a very nice size! 
  Then on the larger homesites you have Saxony Homes (Basically Shaddock Hones) and a newcomer Mercury Homes. 
  Saxony Homes (Shaddock Homes) brings it at usual, showing why they have a corner on the luxury market with their design and floor plans. 
  The larger lots are located to the left as you enter from the Parker entrance. 

  
For all of you State Farm relos, Inspiration couldn’t be a better fit with its location and amenities to the new headquarters! You should definitely take a look! 

   
    
    
    
 

“NOW . . . for my clients that purchase a new home in Inspiration, I will not only get them the bottom dollar deal whether it’s a spec home or build job, but I will also contribute $7,000 of my commission for you to use for a price reduction, closing costs, additional upgrades or cash at closing!”   
You will not find a better deal out there from any other realtor! My connections run deep when negotiating and the builder will not give you a better deal if you do not use a realtor. ASK THEM! 

Text or call Brad Holden today at (469) 733-2723 if you plan to write a contract at Inspiration or have questions about Inspiration, the builders or any other community in DFW. 

BRAD HOLDEN – HOLDEN NEW HOMES – TEXAS LICENSED REAL ESTATE BROKER

ANNOUNCING Lexington in Frisco – A New Gated Community with Shaddock Homes, K Hovnanian Homes (KHOV), Toll Brothers Homes and Landon Signature Series Homes


 Lexington will be developed by Landon Development, the powerhouse developer behind Richwoods in Frisco off Of Independence. Landon acquired the approximate 173 acres earlier this year and have already submitted preliminary plats for Lexington with the city of Frisco. 

   

At the City of Frisco Planning and Zoning Commission Meeting on April 28th, 2015, the preliminary plat was being discussed concerning Phases 1-6. Commission members Bobby Roberts (Vice Chairperson) and Kevin Hodes (Commissioner) both voiced their concern on the majority North and South facing lots. 

They were disappointed wanting more appeal with “curvy” streets. But the developer had a very valid statement on a letter submitted earlier to the city regarding the direction by stating “major factor of North/South lot orientation with today’s energy conscientious consumer,” which is very true!

In that letter the developer states, “The current plan will offer 1.8 acres in open space and parks, including a highly amenitized club house with a wellness center and swimming pool, similar to Richwoods!”

Now that is awesome!

  

Lexington will be Gated with 3 gates, and initially start out with a total of 8 Phases and 634 lots. Landon Development did purchase another approximate 134 acres from Brinkmann in July of 2015 that most likely will be additional phases to Lexington. This new tract of land is located South of the current phases and continues down to Main Street. 

The developer has been in touch with FISD regarding a school site on the property and the location will be at the North East corner of Lexington. 

The surrounding land around Lexington on Coit Road and Eldorado Parkway, has been retained by Brinkmann for the current zoning of light retail. This is vital considering the amount of new homes being built in and around Lexington. Commercial normally comes after residential development. 

Phases and Lots in Lexington

  

Centrally located, Phases 1-6 will consist of 502 lots and broken into three different standard lot sizes. 140 lots will be in the 65 foot wide by 115 foot deep. 208 lots will be 70 foot wide by 100 foot deep. 154 lots will be 74 foot wide by 120 foot deep. There will always be irregular shaped lots in any community which will not fall within those dimensions. 

  
Phases 7 & 8 will be North of the first 6 phases and will consist of 132 lots split into 2 different standard lot sizes. 

  
They will continue with 77 lots that are standard 74 foot wide by 120 foot deep. The other 55 lots will be considered the luxury home lots at a standard 90 foot wide by 130 foot deep. 

Lexington Builders

  

I couldn’t be happier with the builders that Landon Development has selected! All 4 builders are very well known and deliver absolutely stunning new homes. 

My best guess is as follows on which builders will be building in which section of lots. 

K Hovnanian Homes and Landon Homes will be in the 65’s. Landon Signature will be in the 70’s, 74’s and 90’s. Shaddock Homes will be in the 70’s or 74’s. And Toll Brothers will definitely be in the 90’s and possibly 74’s. 

Again, that’s MY guess! 

  
I think that the builders in Lexington will have an overall higher quality of luxury by including one of the Top builders in DFW, Shaddock Homes, comparing builders in Richwoods. 

  

Landon plans to offer an “empty nester” product that I think will be very successful and is needed in Frisco! 

The goal to start pre sale will be in the middle of 2016, but you never know in residential development. 

What we do know is that Lexington has a lot of many positive attributes going for it (from location, builders, amenities, lot sizes and being gated) and will be one of the most highly sought after communities in Frisco

  
“For updates on Lexington check back here or text or call Brad Holden at (469) 733-2723. I plan to stay in touch with all the builders and provide you as much information as they give to me.”

Brad Holden – Holden New Homes – Licensed Texas Real Estate Broker

Edgestone at Legacy in Frisco Announced by Developer Hines for 2016


  After Toll Brothers Development decided not to purchase this prime 311-acre property off of Stonebrook and Legacy to develop in Frisco about 9 months ago, I knew it was only time! 
Edgestone at Legacy in Frisco will be developed by Hines Development and Canadian partner Trez Capital L.P.

LOCATION, LOCATION, LOCATION

Real Estate is about location and The Edgestone at Legacy in Frisco will be the second best location in Frisco in my opinion. Second only to Starwood. 

There is too much commercial development being developed within a mile from this location for it to fail. And more importantly, Stonebrook Parkway plans to FINALLY be complete to the North Dallas Tollroad which will allow residents of Edgestone about a 3 minute drive to the main North/South thoroughfare in Frisco!   I have driven by this piece of land hundreds of times wondering, “What is the deal? Why is this not being developed?” After hearing that Toll Brothers placed it under contract a couple reasons were finally pointed out to me on why it took so long. 

#1 Bert Fields Jr. the Owner

  

Bert Fields was and still is a Frisco ICON! He was a very savvy Texas oilman, banker and rancher. Bert knew business! 

At only 23, he took over the family business of Oil and Banking and basically built it into an empire! In 2011, his North Dallas Bank & Trust celebrated its 50th anniversary with assets over 1 Billion Dollars! Not to mention the other thousand acres he also owns in Frisco. 

So clearly, there was NO REASON to sell the property off for development. 

Bert unfortunately passed away in January of 2015 but already had plans to sell the property to Toll Brothers prior. 

So Bert was just being Bert by holding the property for the absolute best time to sell, and it’s unfortunate he will not get to know how incredible his decision was! 

#2. Massive Flood Plain

 
Developers try their best to make communities beautiful, but more importantly they try to make money. That caused a very big concern for Edgestone at Legacy with the acerage of the natural 100 year floodplain. 

My best guess is 30 to 40% of this piece of land is in the floodplain. For the developer to make this site work they will have to either chop the lots up into very small lots or way over charge the builders on their lot cost. Which obviously means the prices of homes here will not be cheap! 

From the plat map, the current lot sizes look to me as 50 foot wide patio homes and 65 foot single families on the North side of Stonebrook. And 65,75,85+ foot wide lots on the Southern side of the property. 

Hines is very early in this but from my experience with developers and what is currently taking place in Frisco with the high lot costs, my best guess for the the smaller 65 foot wide lots would be around $140,000 and maybe $150,000! 

And that is EXPENSIVE! 

If that is the case when they most likely open towards the end 2016, my best guess that prices would start in the $600’s up to the Millions. So to be in this incredible new community it is going to cost you. 

They do have around 10-15% of the land highlighted senior housing and office to help offset the floodplain location.  

 
Current plans show a beautiful entry, large amenity center, a proposed city park in the floodplain, a long hike and bike trail by the mature trees and a man made pond. 

Builders 

  

Current plans are for Coventry Homes, Darling Homes, Highland Homes, Huntington Homes, Key Life Homes, Shaddock Homes and Village Builders to start initially in the new Edgestone at Legacy project in Frisco. 

  
These builders better bring their A-Game to be successful, and I know most of them for sure will! It’s a great mix of builders announced and with the Dallas Cowboys coming and Grand Park, I don’t see why it won’t be an absolutely amazing community in the future! 

“If you are interested or looking to make a move in the next year or so and you think Edgestone at Legacy in Frisco looks like a good fit, text or call me today at (469) 733-2723 and I can keep you in the loop when the builders plans and pricing come out!”

  
Brad Holden – Holden New Homes – Licensed Texas Real Estate Broker

Shaddock Homes treats Realtors to 3 Forks last night.


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I’m a big fan of Shaddock Homes! They build a great house, with great design and are building in some great developments. Peter Shaddock above is a down to earth guy and will talk to anyone. He has also developed some of the best communities around DFW and Frisco.

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There were about 100 people in attendance with music, food and drinks. And a really goofy photo booth, but clever. See below.

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They gave their top producers these Yeti coolers which I have never even heard of but apparently are great cooler and can’t be eaten by a bear!?!

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Jennifer Johnson the VP of Sales and Land Acquisition insisted that her Peter and I need a selphie below.

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For more info on Shaddock Homes and where they currently build and plan to build text or call Brad Holden today at (469) 733-2723.

Brad Holden – Holden New Homes – Licensed Texas Real Estate Broker

K Hovnanian Homes at Stonebrook Crossing in Frisco Spec-ing out their Final Lots.


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Stonebrook Crossing in Frisco has so much going for it and most people do not even know about!

Not only is Stonebrook Drive FINALLY opening up to the Tollroad by the end of the year but also Grand Park is also ready to get started, right around the corner from Stonebrook Crossing!

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This is Huge for location value. K Hovnanian builds an unbelievable home at an affordable price. Take a look at the Westover Floorplan shown below which is their model.

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There are deals to be made here since K Hovnanian is ready to complete the neighborhood. Shaddock Homes is not to far away as well on sales so I’m sure they too will be able to be pretty competitive on pricing as well.

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“For more on Stonebrook Crossing or K Hovnanian Homes or Shaddock Homes in Frisco, text or call Brad Holden today at (469) 733-2723.”

And remember to ask about my big client rebate for K Hovnanian or Shaddock that I give my clients on top of what I negotiate!

Brad Holden – Holden New Homes – Licensed Texas Real Estate Broker

Also check out Richwoods in Frisco, Lawler Park in Frisco and Liberty Crossing in Frisco!

Shaddock Homes at Stonelake Estates in Frisco releases 90 Feet Wide by 140 Feet Deep Lots!


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Not a typo. Shaddock Homes releases the largest lots available for a new home in Frisco at Stonelake Estates!

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This is a big opportunity for people looking to build new with a larger lot at an affordable price!

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Shaddock builds an absolutely gorgeous home as you can see above. Currently, they are spec-ing out the remaining 6 lots in their older phase starting in the $500’s.

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They do have a couple custom plans going up that will be a great opportunity for a buyer to get a great deal with a ton of upgrades.

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“For more on Shaddock Homes or Stonelake Estates in Frisco text or call Brad Holden today at (469)733-2723.”

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Most of these Shaddock Homes I can offer my clients a $20,000 rebate which is on top of what I negotiate for you with the builder!

Brad Holden – Holden New Homes – Licensed Texas Real Estate Broker

Shaddock Homes starts Pre-Selling New Phase at Layton in Phillips Creek Ranch Today!


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New sections are always fun! Shaddock Homes started to sell the new phase at Phillips Creek Ranch in Frisco! The new phase in Layton will be 74 foot wide and 84 foot wide lots and be located directly by the amenity center! See above the great lot selection!

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For more info text or call Brad Holden at (469) 733-2723 today.

Brad Holden – Holden New Homes – Licensed Texas Real Estate Broker

Shaddock Homes at Phillips Creek Ranch in Frisco down to its last 5 Opportunities in the first phase called Sheridan.


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Shaddock Homes at Phillips Creek Ranch in Frisco is down to their last 5 opportunities in the Sheridan Section.

Why does this matter? It’s simple.

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If you are at all considering Shaddock Homes in Phillips Creek there is no time to wait at all! The next phase will be called Layton and Ingram. The demand for homes is so high right now, that in these new phases prices will jump $60,000 – $70,000!! No misprint, $60,000-$70,000!!!

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Shaddock currently has 5 opportunities left ranging from 4,087 square feet up to 4,797 square feet. All homes have been spec-ed out and are in various stages that range from ready TODAY out to November.

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List Price ranges from $589,990-$683,990.

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The current buyer incentive is $30,000 off but possibly more. I am offering an $18,000 rebate to any client that contracts and closes on any of these Shaddock Homes in Phillips Creek Ranch.

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Call or Text Brad Holden today at (469) 733-2723 for more info on Shaddock Homes at Phillips Creek Ranch in Frisco.

Brad Holden – Holden New Homes – Licensed Texas Real Estate Broker

Light Farms in Celina Spring Home Tour for Realtors and Update on the Community


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Light Farms in Celina is Rockin’ and Rollin!

The community opened with a total of 6 builders including Shaddock Homes, American Legend, Darling Homes, Drees Homes, Lionsgate Homes and the most recently announced Highland Homes.

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Sales started last year around July of 2013 and to my amazement, there are a total of about 121 contracts! That is much higher than I anticipated with the location and how long it takes for a community to get up and running.

They also have a total of 19 available homes that are available from now through the month of October!

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All Realtors were invited out today for a model home tour that was ultimately a progressive lunch through each model. It started out at the information center above where they gave us a packet to get stamped through our journey.

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The appetizers started at Bluestem at the American Legend model and the Lions Gate model. American Legend is dominating on the 50 by 115 lots! They are almost sold out of the first phase and will have to wait for the next phase of lots.

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Lions Gate is not to far behind as you can see below.

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Next we ventured to Drees and Darling Homes. They also were selling very well. Darling told me that they have 4 contracts to write this week alone!

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Here they served us the lunch portion and filled us in on sales and incentives.

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And at our last model home we ventured to Shaddock in the Grange Section of Light Farms.

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Key Lime Pie was served and they have also Sold a tremendous amount of homes for the price point in the $500’s!!!

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Then we all met back up at the Light Farms Information Center for drawings and some great prizes!

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But here is why Light Farms really matters!

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You can see the location in Red. If you follow the Tollroad directly South to the intersection of Highway 380 and North Dallas Tollroad, you will see three developments that are approved and well underway! This alone will start a tremendous amount of growth in the North sector and will ultimately create a new destination for buyers to choose from with Windsong Ranch also a mile away from the development.

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For more information on Light Farms in Celina or the builders available lots and pricing, text or call Brad Holden today at (469)733-2723.

“And don’t forget to ask Brad about his $10,000 rebate for clients that purchase in Light Farms!”

Brad Holden – Holden New Homes – Licensed Texas Real Estate Broker