October 10, 2007
Frontera Development has completed construction of 21 lots in phase 1 of the Lost Oaks subdivision. All of the lots were purchased by regional home builder Majestic Homes. They will be affordable homes in the 100's to 120's and are located in the top rated, Bosqueville school district.
There are two more phases in the works currently. The second phase will connect to phase 1 and will provide another 23 starter home lots, some of which are heavily tree covered with beautiful live oaks and cedar elms. This phase backs up to a meandering creek, which gives the lots an added dimension to their look and their values.
The third phase will be on the opposite side of the property and will connect back to Gary Lane. This phase will have 35 lots for prospective builders and homeowners to choose from. Overall the Lost Oaks master plan calls for more than 400 single family homes, multi-family, retail, and commercial space as well.
The Waco Real Estate market has been shifting its growth trends towards the China Spring and Bosqueville areas for the last few years. That growth is expected to continue and even increase over the next few years. The Bosqueville area and specifically the Lost Oaks subdivision are poised to capture a large portion of the growth due to their long frontage on the China Spring Highway, proximity to the schools and the fact that the neighborhood is 3 to 5 miles closer to Waco than most of the other subdivisions in China Spring.
For more information on these lots or any others in the Waco area, please call Mark Felton at 254-495-1241.
Frontera Development is a full service real estate development firm based in Waco, Texas. The firm focuses on residential, commercial developments and master planned communities that emphasize the values of New Urbanism and Traditional Neighborhood Development. For more information, contact Mark P. Felton II at 254-495-1241.