This property is located in fast growing Rowlett TX. The project purpose and site plan are approved, and the plat has been recorded. Flat work, water line, storm drain and underground sewer have been completed, and the project is pending permit for vertical construction. The approved plan calls for 12 Townhomes of 2,283 sf each to be built in 4 buildings. The proposed plan has 2 buildings on each side of the drive entry. Based on average current sale prices + the average annual value growth for SFR in Dallas County, the finished townhomes value should be approximately $236/SF upon completion, or $6.5 million.