ROYSE CITY – Kinloch Partners LLC has purchased multiple lots with plans for a build-to-rent subdivision.
The homes will range from 2,000 to 2,500 sf and be priced from $200,000 to $300,000.
Rent will be under $2,000 per month.
Kinloch will build 500 rental homes in the next 18 months.
The Texas Real Estate Research Center has more information on housing: