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Legacy Partners and The Resmark Companies Underway on Two SFR Build-to-Rent Communities in Texas

2/16/24

Legacy Partners and The Resmark Companies are developing two single-family, build-to-rent communities in the fast-growing northern Dallas suburbs. These include Highland, comprising 133 homes in the Collin County city of Melissa, and Oak Grove, featuring 134 homes in the Denton County city of Aubrey.

Highland - Melissa, TX
Highland - Melissa, TX
Construction is underway and completion for both communities is anticipated in late 2025. Provident General Contractors is constructing both developments.

“While we historically have developed multifamily properties, we made the decision to pivot to single-family homes after analyzing the surrounding communities and recognizing the need to accommodate families who desire this lifestyle,” said Matt Brendel, executive managing director at Legacy. “Both communities are in fast-growing suburban communities with easy access to major employers throughout the Metroplex.”

Designed by UD Architects, Highland will offer 133 luxury one-, two-, and three-bedroom homes ranging in size from 780 sf to 1.5k sf. Homes will be one- and two-stories, featuring granite countertops, upgraded appliances, smart home technology, and private fenced-in yards. The majority of homes will have attached garages. Monthly rental rates are anticipated to start at $2,100.

Highland is ideally located in the heart of Melissa, adjacent to the intersection of Highland Rd and McKinney St, approximately three miles northeast of the Central Expwy and Hwy 121 intersection. Melissa is a dynamic suburban community 40 miles north of Downtown Dallas with excellent connectivity in and around Collin County and greater DFW.

Designed by Architecture Demarest, Oak Grove will rise at 2036 Oak Grove Lane in Aubrey and offer 134 luxury one-, two-, and three-bedroom homes ranging in size from 770 sf to 1.6k sf. Similar to Highland, Oak Grove will offer one- and two-story homes, featuring granite countertops, upgraded appliances, smart home technology, and private fenced-in yards. The majority of homes will have attached garages. Monthly rental rates are anticipated to start at $2,000.

Oak Grove is conveniently situated near Hwy 380 and is centrally located between Interstate 35 and the Dallas North Tollway, connecting residents to major employers, retail, and entertainment centers throughout Collin and Denton Counties. The property is just north of Lewisville Lake, 10 minutes from the new PGA Headquarters and 20 minutes from the Frisco North Platinum Corridor.

Both Highland and Oak Grove feature best-in-class community amenities including clubhouses with gaming rooms, co-working space, conference rooms, state-of-the-art fitness centers, resort-style swimming pools with cabanas, outdoor kitchens with grilling stations, dog parks, and substantial green space.





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