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DR Horton Acquires Development Site From Thakkar Developers In Plano For Mustang Square Project

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SOLD

Texas

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Development Site479,160 SF
Sold 10/01/2024
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SOLD

DR Horton Acquires Development Site From Thakkar Developers In Plano For Mustang Square Project

4562 Texas Highway 121

See Similar Deals
Development Site479,160 SF
Sold 10/01/2024
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Summary

TEXAS
Asset Type:Development Site
Price Per Square Foot:$0
Total Square Footage:479,160 SF
Transaction Type:Sale

The asset involved in this transaction is a development site located at 4562 Texas Highway 121 in Plano, which is part of a mixed-use development known as Mustang Square. This development includes 97 finished lots, with Phase 1 comprising 42 lots of attached and detached products. The asset is positioned strategically along SH 121 and Rasor Blvd, contributing to its appeal in the market.

Summary of transaction details:

DuWest Realty successfully facilitated the closing of this transaction, representing the interests of both the buyer and seller. The development integrates residential and mixed-use components, highlighting its significance in the Frisco ISD area.

Players

Chris Janowski
10 deals(214) 720-0004
BROKER

Details

SOLD
IMAGE: Chris Janowski & Blake Barnes DATE: 10/01/2024 ADDRESS: 4562 Texas Highway 121 MARKET: Plano ASSET TYPE: Development Site BUYER: DR Horton (@DRHorton) SELLER: Thakkar Developers BROKERS: Chris Janowski (@JrJanowski) & Blake Barnes (@Blakenstocks) - DuWest Realty (@DuwestRealty) NOTE FROM BROKER: DuWest Realty has successfully brokered the closing of Phase 1 of Mustang Square (42 Lots) of attached & detached product to DR Horton. Mustang Square is a mixed-use development including 97 finished lots located in Plano, TX (Frisco ISD) along SH 121 and Rasor Blvd.

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