D.R. Horton Acquires 220 Acres for Future SF Home Development

DALLAS, TX - September 30, 2011 - - - - Recently 220 acres of raw land in Lucas, Collin County, Texas was purchased by the nationally recognized home builder, D.R. Horton (D.R. Horton-Texas, LTD.)

The land, located in the northwest quadrant of Parker Road and Stinson Road, was a Bank REO property held by Wells Fargo Bank NA. Representing Wells Fargo and the 220 Acres was Tom Grunnah, Vice President at Henry S. Miller Brokerage. The site was in the preliminary stages of development when it was taken over by Wells Fargo. Grunnah’s knowledge of the property and the market area were strong factors in his selection by the seller (Wells Fargo Bank NA) as the exclusive listing agent.

D.R. Horton, who was represented by Chris Lander of Neitzel Real Estate Company, plans to develop one-to-two acre home sites on the 220-acre tract. The community currently has no name and is in the very early stages of design and development phases.



Dallas-based Henry S. Miller Brokerage, LLC is one of Texas’ largest independent full service commercial real estate firms, with five offices in Texas. Established in 1914, Henry S. Miller is one of the oldest and most respected companies in Texas and has gained a reputation for service and integrity that is unequaled in the industry. Henry S. Miller Brokerage is a member of Realty Resources Network, one of the largest affiliations of commercial real estate firms in the nation.