Taylor Morrison Homes of Texas has acquired approximately 165.71 undeveloped acres of land located on Betka Road in Hockley, Texas. The purchase was made from a local rancher through Colliers International. The property is strategically situated near US 290 and Johnson Development Corporation's Jubilee community, making it an ideal expansion opportunity for Taylor Morrison in the thriving market area. The company plans to develop contemporary farmhouse-style homes with diverse designs in this new location.

Summary of transaction details

• Property Type: Land
• Transaction Amount: N/A
• Address: Betka Road
• Market: Hockley
• ACRES: 165.71

The buyer in this transaction is Richard Bautista, representing Taylor Morrison Homes. The deal was facilitated by brokers Chris Hutcheson, Harrison Kane, and James Kadlick from Colliers International. Their expertise played a significant role in finalizing the acquisition of the undeveloped land for Taylor Morrison's expansion plans.