Megatel Homes Presells 46 Townhomes in Mixed-Use Dallas-Fort Worth Development
DALLAS, Sept. 24, 2018 /PRNewswire/ -- Megatel Homes, one of the most successful homebuilders in the state of Texas, announced today that the firm has presold 46 townhomes in Mercer Crossing, a mixed-use development in the Dallas suburb of Farmers Branch, Texas. Indicating significant anticipation and market demand, the 46 townhomes were presold prior to the property lots being finished for development and construction of model homes. In total, the company has sold approximately 100 homes, including townhomes and single-family homes, in the Mercer Crossing subdivision.
"Controlling approximately 700 of the 1,000 lots in the community, Mercer Crossing is Megatel Homes' largest community to date and one of the largest residential projects in the Dallas-Fort Worth area. We are already enjoying significant sales volume among both the single-family residences and the townhomes in this community," said Zach Ipour, co-founder of Megatel Homes. "The community's proximity to some of the major highways in the area, including I-635, I-35 and the George Bush toll road, provides residents with convenient access to numerous business districts and airports, making it an ideal option for residents who commute. In addition, Mercer Crossing breathes new life into the town of Farmer's Branch with its unique atmosphere and its Texas Tudor style architecture."
Located at 12571 Thornhill Road, the community is situated on 370 acres with 174 acres dedicated to residential single-family homes and the additional 93 acres serving as home to retail and office space. Mercer Crossing is comprised of 3-bedroom and 4-bedroom townhomes and single-family homes ranging from 2,274 square feet to 3,389 square feet. Comprised of six neighborhoods, the community will include a state-of-the-art amenity center and bicycle paths throughout the community for residents to enjoy.
The Mercer Crossing grand opening celebration, which featured Kevin O'Leary of ABC's Shark Tank and former New York City Mayor Rudy Giuliani, attracted nearly 1,000 guests in May 2018. Farmer's Branch Mayor Robert Dye joined Megatel founders Zach and Aaron Ipour to cut the ceremonial ribbon signaling the opening of Mercer Crossing.
"The Mercer Crossing grand opening party debuted a new approach to grand opening events in the industry and served as a driving force in sales for the community," added Ipour. "The event was a tremendous success and set us apart from other builders in the area. We plan to throw a similar event next year."
About Megatel Homes
Founded in 2006, Megatel Homes has emerged as one of the most successful homebuilders in the state of Texas. The company has had considerable growth, with more than 100 developments comprised of several thousand homes completed since its founding. The company currently has more than 100 communities and is rapidly spreading throughout the Dallas-Fort Worth metroplex.
Contact:
Lauren Burgos
Spotlight Marketing Communications
949.427.1399
[email protected]
SOURCE Megatel Homes
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