As North Texas continues to bring in a high rate of new residents, developer Legacy Partners and real estate investor Resmark Companies are partnering to build two single-family rental communities in North Texas.
According to The Dallas Morning News, the Highland community, located in Melissa (Collin County), will comprise 133 rental houses, while the Oak Grove development in Aubrey (Denton County) will feature 134 rental houses. Construction commenced on both projects, with an anticipated opening in late 2025. Dallas-based Provident General Contractors is overseeing the construction of both single-family communities.
These communities are crafted to serve a broad demographic, providing one-, two- and three-bedroom residences for single families. Alongside these homes, future residents can anticipate community amenities, such as cutting-edge clubhouses, resort-style pools, fitness centers, coworking spaces tailored to modern professionals and dog parks.
UD Architects crafted the Melissa community located at Highland Road and McKinney Street, which is currently under construction. Residences will span from 780 to 1,500 square feet, and rent prices in the Highland community are anticipated to start at $2,100 per month.
Architecture Demarest conceptualized the Oak Grove community in Aubrey, which is currently in the construction phase near U.S. Highway 380. The residences within Oak Grove will offer sizes ranging from 770 to 1,625 square feet. No prices were announced for this project.
California-based developer Legacy Partners is not new to the North Texas area and previously completed several apartment communities: 880 Lyn in Irving, Merit in Lewisville and Ovation at Galatyn Park in Richardson.
Legacy Partners and Resmark Cos. are also collaborating on the construction of Legacy Gateway, a 336-unit apartment complex situated near U.S. Highway 80 in Forney, Texas.