POSTED: Tuesday, August 13, 2013 - 1:08pm
UPDATED: Tuesday, August 13, 2013 - 1:11pm
Arlington, Texas (KETK) — SkyWalker Property Partners and TSW Alliance LLC have acquired the majority of the ready-to-build lots in a 300 acre golf course community on the shores of Lake Bellwood in East Texas.
The 18-acres in Tyler's Cascades of Texas will consist of 87 residential lots that will be situated within walking distance of the developments well-appointed clubhouse, full-service spa, fitness club, swimming pool, tennis courts, marina and boat house.
The Cascades County Club will feature several dining venues, both fine dining and casual. And there will also be even spaces that can hold large banquets and intimate gatherings.
To kick off the investment, the partners will begin construction as soon as possible on several houses in partnership with a local home builder.
Finished homes will be built to today's marketplace featuring designs from 2,100 square feet to 3,000 square feet with prices from $300,000 to $650,000.
The lots will be sold for $55,000 to $150,000 in the retail market.