Meritage Homes in partnership with a subsidiary of Green Brick Partners Inc., has closed on the purchase of 700 lots within the Cibolo Hills subdivision in Fort Worth, TX. The community will be a 50/50 partnership between Meritage Homes and Trophy Signature Homes, a subsidiary of Green Brick Partners. Construction of the approximately 216-acre property is projected to start in October 2019 and is expected to include all 50’ x 120’ lots, with 40’ single-family detached homes.
A large master-planned community located in Fort Worth’s Eagle Mountain Saginaw ISD, Cibolo Hills will sit adjacent to Business 287 and offer less than a 30-minute commute to either Alliance Town Center or Downtown Fort Worth. The development plan includes extensive amenities throughout, including parks, trails, landscaped open spaces, and a large amenity center with pool. “We view this as a tremendous opportunity to expand our footprint of energy-efficient, thoughtfully designed, affordable homes in Fort Worth,” said Austin Woffinden, Dallas division president at Meritage Homes. “Extensive amenities, two future onsite schools and a bustling retail offering in the fast-growing area of North Fort Worth make Cibolo Hills ideal for future homeowners.” Meritage Homes plans to build 350 single-family LiVE.NOW homes in Cibolo Hills, offering buyers six distinct floorplans to choose from that range in size from 1,659 to 3,100 square feet. These beautifully designed and affordable homes will include designer-curated interior packages and the M. Connected Home™ Automation Suite. The M. Connected Home™ Automation Suite encompasses an array of features allowing owners to interact with their home and take command whether they are inside or away from the property. These features include Wi-Fi-enabled lighting, video doorbells, thermostats, smart door locks and more. Designed to appeal to families or empty nesters, homes are expected to start in the $200s. Every home Meritage builds in its 43 DFW-area communities showcases the company’s commitment to providing incredibly energy-efficient homes that help customers save on utility bills. “The proximity to attractive amenities including Eagle Mountain Lake will make Cibolo Hills a treasured retreat for those seeking to live immersed in the bountiful nearby parks and wildlife while maintaining easy access to major employment centers in Fort Worth,” said Stewart Parker, president of Trophy Signature Homes. “We believe that our stylish exteriors mixed with our striking, state-of-the-art interiors will resonate well with area homebuyers.” Trophy Signature Homes will be offering their Trophy Series of homes that features a selection of plans ranging from 1,600-2,700 square feet and 3-5 bed and 2-3 bath options. As with every Trophy Signature Homes community, all upgrades, including engineered wood floors, cooktops with built in ranges and café hoods, will be included as standard features. The 350 homes will be priced competitively, starting in the mid $200’s. Home sales are expected to begin in Spring 2021
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