Dallas-Based Realty Capital is bringing more single family homes and a publicly owned nature preserve to west Mansfield.
The Dallas-based firm said purchased 309 acres between West Broad Street and Newt Patterson Road, about five minutes from historic downtown Mansfield, for the 600-home Westhill Parks development. Prices are expected to be $600,000 to $1.5 million.
Mansfield has also acquired 100 acres inside Westhill Parks for a nature preserve, according to a news release from Realty Capital. The 100 acres will help complete Mansfieldâs Walnut Creek Linear Trail and contribute toward the City Councilâs vision for the âWestern Promise,â a special area plan designed to improve overall connectivity and opportunity for west Mansfield.
âWe are committed to preserving the propertyâs rural charm while offering beautiful executive homes in a thoughtfully planned community,â said Tim Coltart, managing director of Realty Capital.
Mansfield will work with Realty Capital to build a new road and bridge crossing at Walnut Creek to connect West Broad Street and Newt Patterson Road.
âThrough this partnership we can strengthen western Mansfieldâs connection to the rest of the city,â City Manager Joe Smolinski said.
Realty Capital has developed other projects in Mansfield, including Main Street Lofts, a 266-unit multi-family community, and Watson Branch, a 77-acre mixed-use community. The city of 82,000 is among the fastest growing in North Texas.
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