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
Market Land Market Snapshot
Boundary boundary · Land · Sale transactions
Loading comparables…
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