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Dallas North Tollway Ferris

Bill Cawley Of Cawley Partners Acquires 5200-Acre South Creek Ranch In Dallas
SOLDLand

Bill Cawley Of Cawley Partners Acquires 5200-Acre South Creek Ranch In Dallas

Building Size

Asset Type

Land

Closing

Apr 29, 2025

AI

The asset involved in this transaction is land located on Interstate 45 in the Dallas market. The total size of the land is 5,200 acres, making it one of the largest land acquisitions in the region.

Summary of transaction details:

  • Property Type: Land
  • Transaction Amount: Not disclosed
  • Address: Interstate 45
  • Market: Dallas
  • Buyer: Bill Cawley - Cawley Partners

The deal involved Cawley Partners acquiring the land from the trust of W. Ray Wallace, the late CEO of Trinity Industries. The plans for this land include the development of 2,000 acres into data centers, logistics hubs, and a corporate campus. In future phases, there are expectations to develop up to 5,000 homes over a multi-decade timeline.

Players

CP
Cawley PartnersBuyer

Market Land Market Snapshot

Boundary boundary · Land · Sale transactions

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

5.80%

Cash-on-Cash

-1.66%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93