Build to Rent Boom
Build to rent communities are developments that are popping all over hot cities. Home prices dramatically jumped within the last year during the craze of the pandemic. Inflation has compounded tremendously, leaving homebuyers to watch their buying power erode. Although household income could not keep the pace of house prices, their jobs still hold steady. With cash still in hand, many young families and millenials opt to rent instead. With the need for more space and privacy, this is where these build to rent developments really come into play.
Wan Bridge, a Texas based builder is now developing the Enclave at Mason Creek. This gated community will be completed in 2023 and is located off Interstate 10 and Mason Rd. this is following the grand openings in other developments in Texas including the Residences at Rayzor Ranch, and Pradera Oaks.