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40-acre land sale in Celina has set the stage for a new built-to-rent community, further expanding the nation's fastest-growing city. Corson Cramer Development sold the property to Yardly, Taylor Morrison's single-family rental arm, which plans to build 396 homes on FM 1385 north of Parvin Road. The development will be split into two sections: Sutton Fields with 150 homes and Frontier with 246 homes.
The community will feature amenities like a pool, dog park, and walking trails. Construction is expected to begin next year, with leasing starting in 2026. Celina's rapid growth has led to concerns over home affordability, with the median price exceeding $600,000. The single-family rental product aims to address this issue by providing an alternative for young families.
The land sale valued at around $12-14 million is a significant investment in the area. Corson Cramer Development incorporated community requests into the project's plans, including additional tree planting and height restrictions, securing support from neighbors and the Celina City Council. This development is part of the company's larger presence in Celina, which also includes North Sky, a 286-acre for-sale residential community featuring over 1,000 homes.
