1,860 acres of land sold for 4,000 homes in Texas
Oxland Group, a Texas-based residential development company, has acquired 1,860 acres of land to be developed in Montgomery County, Texas.
The land was sold by Regent Properties. The financial terms were not disclosed.
Oxland Group plans to develop a residential master-planned community with about 4,000 homes. Development bypassed this area, located north of FM 1488 and west of Fish Creek, due to a lack of infrastructure. With a new bridge and an east-west roadway planned, future residents more easily will be able to connect to The Woodlands, Magnolia, and Conroe for employment, entertainment, shopping, schools, and hospitals.
“With this new east-west road, it will take up to 30 miles off bus routes for Montgomery ISD. That is the same for emergency vehicles, which is one of the biggest safety factors,” said Charlie Riley, Montgomery County Commissioner. “The development Oxland will deliver will fulfill the growing need for a variety of housing options for