ROYSE CITY, TX—Developer Huffines Communities recently purchased an additional 120 acres for more than 400 new homes that will make up phase four in its master-planned community, Waterscape. Located east of Dallas, Waterscape will now span in excess of 400 acres with more than 1,500 homes in this new tract.

The development has all necessary master-planned community zoning and entitlements in place, enabling the release of land to builders in late 2022. New homes in this community start in the low $200,000 range up to $380,000, averaging 1,400 to 3,000 square feet. Upon completion, Waterscape is expected to have a tax value of more than $420 million.

Waterscape has more than 250 families currently living in the community, which is just a short drive from Rockwall, located at the intersection of FM 548 and Crenshaw Road. Phase 1 of Waterscape was comprised of 275 lots and phase 2 brought an additional 350 lots, which completed in 2019. Phase 3 includes 400 additional lots ranging in size from 40-foot rear entry to 60-foot front entry. With phase 4, residents of Waterscape will have more programmed open space. The master-planned community development is also within immediate proximity to Anita Scott Elementary, Bobby Summers Middle and Royse City High Schools.

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Lisa Brown

Lisa Brown is an editor for the south and west regions of GlobeSt.com. She has 25-plus years of real estate experience, with a regional PR role at Grubb & Ellis and a national communications position at MMI. Brown also spent 10 years as executive director at NAIOP San Francisco Bay Area chapter, where she led the organization to achieving its first national award honors and recognition on Capitol Hill. She has written extensively on commercial real estate topics and edited numerous pieces on the subject.