D-FW’s Next Million-Dollar Neighborhood
Plano-based Highland Homes and Tellus Group have broken ground on Mirabella, a new 190-acre residential community in Prosper. This community is expected to open for home sales in late 2026 and will feature roughly 290 homes with prices exceeding $1 million.
Mirabella is located along Custer Road, north of Highway 380 and south of First Street, within the Prosper Independent School District. The gated community will boast oversized lots and a hike-and-bike trail, making it an attractive option for potential homebuyers.
Highland Homes will offer home designs for 74-foot and 60-foot homesites, while Huntington Homes, Highland’s luxury division, will offer newly developed floor plans designed for 84-foot and 100-foot lots. In addition to Windsong Ranch, Tellus Group is also developing Mosaic, a Celina community with homes ranging from $390,000 to $1 million.
Two other communities, Meraki in Forney and Sherley Farms in Anna, are under development, with Highland Homes planning to build in each of these communities. According to Jeff Stinson, senior vice president of land for Highland Homes, “Prosper’s rapid growth has made new opportunities for premier residential development increasingly rare, making Mirabella a truly distinctive addition to the market.”
Stinson expressed excitement about bringing Mirabella to life in such a dynamic market, particularly with a partner like the Tellus Group, which has already established itself as a premier Prosper developer with its work at Windsong Ranch.
New Retail Development in Anna
A major new retail development is coming to Anna, located at the northeast corner of U.S. 75 and Rosamond Parkway. A partnership led by Eric Seitz of The Seitz Group, in partnership with Big V Equity LLC, has acquired approximately 40 acres for the first phase of a new regional shopping center.
The seller, Liberty 75 LP, was represented by Teague Griffin of Brown & Griffin. Upon full build-out, the development will span more than 60 acres, with Phase 1 already more than 70% leased and featuring a well-known national tenant.
Matthew Kiran of Frisco-based REX Real Estate represented the buyer in this transaction. This marks the second major Anna-area acquisition for The Seitz Group and Big V Equity, following their purchase of a 28-acre site at the southeast corner of U.S. 75 and Rosamond Parkway, now under development and anchored by a new Kroger grocery store.
$47 Million Shopping Center Refinancing
Dallas-based Dunhill Partners has completed a $47 million refinancing of Robertson’s Creek, a 233,345-square-foot power center located in Flower Mound. The property boasts a 97% occupancy rate and is anchored by a strong and diversified tenant roster, including nationally recognized retailers such as Dick’s Sporting Goods, Hobby Lobby, Five Below, Old Navy, and ULTA.
These retailers collectively occupy more than 60% of the center’s total square footage, making Robertson’s Creek a prime example of a successful shopping center in the D-FW area.
Garland Apartment Complex Sold
Northmarq’s Dallas multifamily investment sales team, led by Taylor Snoddy, Eric Stockley, and Charles Hubbard, has brokered the sale of the 248-unit Shiloh Oaks apartments in Garland. Northmarq represented the seller, a California-based investor, and facilitated the sale to Rise48 Equity, an Arizona-based investment group.
Northmarq’s Debt Equity team of Kevin Leamy and Lauren Bresky secured acquisition financing on behalf of the buyer. Located at 2379 Apollo Road, Shiloh Oaks is a 10-acre property built in 1983, offering a unique opportunity for the new owner to renovate and reposition the complex in the competitive Garland market.
Real Estate Firm Welcomes New Leadership
Thirty-Four Commercial, a boutique full-service commercial real estate firm, has announced two new leaders. Bryce Jackson has been promoted to Partner, and Ashlee Rea has joined the firm as Managing Director of Property Management.
Jackson has played a key role in Thirty-Four’s growth and client service since joining the firm in 2019. Rea brings more than 17 years of leadership experience in property management across Class A office, multi-family, industrial, and retail assets, making her a valuable addition to the team.
Conclusion
The D-FW real estate market continues to thrive, with new developments and transactions taking place across the region. From the upcoming million-dollar neighborhood of Mirabella in Prosper to the new retail development in Anna and the refinancing of Robertson’s Creek in Flower Mound, there are plenty of exciting opportunities for investors, homebuyers, and businesses alike.
As the market evolves, it’s essential to stay informed about the latest trends and developments. Whether you’re a seasoned real estate professional or just starting to explore the market, there’s never been a better time to get involved in the D-FW real estate scene.
Frequently Asked Questions
Q: What is Mirabella, and where is it located?
A: Mirabella is a new 190-acre residential community located in Prosper, along Custer Road north of Highway 380 and south of First Street.
Q: What types of homes will be available in Mirabella?
A: Highland Homes will offer home designs for 74-foot and 60-foot homesites, while Huntington Homes will offer newly developed floor plans designed for 84-foot and 100-foot lots.
Q: What is the expected price range for homes in Mirabella?
A: Home prices in Mirabella are expected to exceed $1 million.
Q: What is the new retail development in Anna, and who is behind it?
A: The new retail development in Anna is a regional shopping center located at the northeast corner of U.S. 75 and Rosamond Parkway, developed by a partnership led by Eric Seitz of The Seitz Group and Big V Equity LLC.
Q: What is the significance of the $47 million refinancing of Robertson’s Creek?
A: The refinancing of Robertson’s Creek highlights the continued success of the shopping center, with a 97% occupancy rate and a strong tenant roster, making it a prime example of a thriving retail development in the D-FW area.
