Michael Waters Of Minto Communities USA Acquires 3170 Acre Development Site In Waxahachie

The property involved in the transaction is a development site located west of Interstate 35E, east of Lone Elm Road, north of FM 1446, and south of FM 875. The site spans 3,170 acres and is situated in the Waxahachie market. The planned development consists of a 13,270-home master-planned megadevelopment featuring residential districts, 1.2 million square feet of commercial space, parks, and civic amenities.

Summary of transaction details:

• Property Type: Development Site
• Transaction Amount: Not specified
• Address: West of Interstate 35E, East of Lone Elm Road, North of FM 1446 & South of FM 875
• Market: Waxahachie
• Acres: 3,170
• Buyer: Michael Waters - Minto Communities USA

The deal represents Michael Waters, who is affiliated with Minto Communities USA. Minto Communities USA has secured approval from the Waxahachie City Council to commence construction later this year. The development is set to be located approximately 30 miles south of downtown Dallas.