Developer Huffines Communities announced on Monday the recent purchase of an additional 120 acres for more than 400 new homes that will make up phase four in its signature master-planned community, Waterscape. Located east of Dallas in Royse City, Waterscape will now span over 400 acres with more than 1,500 homes with this new tract of land.
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 the $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, conveniently located at the intersection of FM 548 and Crenshaw Road. Phase 1 of Waterscape saw 275 lots delivered, and phase 2 brought an additional 350 lots which just completed in 2019.
Phase 3 includes 400 additional lots ranging in size from 40-foot rear entry to 60-foot front entry, and with phase 4, residents of Waterscape will enjoy 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.
“Housing demand in this area is on fire,” said Donald Huffines, co-owner at Huffines Communities. “Rockwall County, and Royse City, in particular, continue to see explosive growth, and Waterscape is meeting this demand by offering residents quality homes with the quiet comfort of small-town living and community-centered amenities at affordable prices.”
Like other Huffines’ signature master-planned communities, Waterscape features an abundance of amenities for the whole family. Waterscape offers a well-stocked catch-and-release fishing pond, walking, biking, and hiking trails and a $3.5 million amenity center, which includes a 1,500-square-foot event center, resort-style swimming pools, hammock park, water volleyball court, dog park, and kids pool. The amenity center is scheduled for completion later this fall.
Residents of Waterscape enjoy quick access to downtown Royse City, which hosts a variety of commercial retail including a brewery, sports bar, coffee shops, and several boutique stores.
“By selling constructed lots, we give builders better control over their homebuilding operations instead of worrying about the timing of lot development and final details of the neighborhoods they want to build,” Huffines said. “This acquisition gives us the opportunity to help complete the build-out of Waterscape, making it an ideal location for families.”
Four home builders are currently under contract for Waterscape’s phase 2 and will finish building their last homes in fall 2021. Builders in Waterscape include Highland Homes, History Maker Homes, Bloomfield Homes, and Impression Homes. New home builders are in discussion for the new land addition.
Huffines Communities has four active communities under development in the North Texas region and most of the homes in these communities start in the $200,000s-$800,000s. Each community is thoughtfully designed to facilitate interaction amongst neighbors and connect people within the neighborhood.