FORNEY – Ashton Woods has purchased 344 acres in the Gateway Parks community near US 80 for a residential development.
The purchase included land for 1,030 single-family homes plus 88 completed home sites.
Vanguard Real Estate Advisors brokered the sale.
Gateway Parks is part of a 2,000-acre mixed-use development being built by a unit of Petro-Hunt.
Get more DFW-area news on the Texas Real Estate Research Center’s website:
Source: Dallas Morning News