About 3,400 houses have been completed in the Castle Hills community.Â Â Â Another 1,500 lots are in development.Â Now Chris bright has announced the purchase of the Singer Ranch (Old Denton Rd, just south of Windhaven) and negotiations underway for the Clem Ranch (Josey at Parker Rd)
Bright Realty just acquired the next door Singer Ranch, a more than 100-acre property on Old Denton Road.Â The former horse boarding and riding facility is surrounded to the east on three sides by Castle Hills.Â Bright Realty CEO Chris Bright said the purchase will give Castle Hills land for more than 300 additional homebuilding sites.Â âWe moved fast to buy it,â Bright said. âWe knew the way things are working right now in single-family home development that it would sell fast.Â Bright Realty is already working with the City of Carrollton to plan and zone the property â much of which is located in a floodplain and is wooded creek area.
Bright said heâs working with the Clem family, which owns about 140 acres north of Castle Hills to expand the project further.Â Â âThat family has owned that property since 1860,â he said. âWe are doing a joint venture with them that will give us another 400 to 500 lots north of Parker Road.â
More than 12,000 people now live in Castle Hills.Â In addition to the custom home communities, Bright Realty is building shopping apartments and an office park to complement the residential neighborhoods.
-Â Â Â Â Â Â Dallas Morning News, March 2, 2016 (excerpts)