New 1,500-Home, Master-Planned Community Called Northspur Coming to Terrell

Terrell is the gateway to East Texas, just outside Dallas County. In this growing Kaufman County town, Hines and Trez Capital are planning a 700-acre master-planned community they’ve dubbed Northspur. It was cause for celebration, with city officials and developers coming together for an official groundbreaking.

“In light of the ongoing suburban growth of Dallas and the increasing scarcity of land in nearby areas, Northspur represents a timely and strategic response to high-quality, cost-effective housing,” said Dustin Davidson, managing director at Hines. “From the very beginning, our collaboration with the city of Terrell has been integral, and we look forward to delivering a master-planned community that not only offers a diverse range of housing options but also caters to the changing needs of the area’s residents.”

Northspur Brings More Rooftops to Terrell

Northspur will consist of approximately 1,500 single-family homes with a variety of lot sizes and design styles. A custom amenity center is planned for the development, which will include a resort-style pool, lounges, and play areas.

Phase one of Northspur will include approximately 230 lots, which will be constructed by award-winning builder M/I Homes as well as Impression Homes.

Northspur is planned for an area next to US-80 between Forney and Terrell. The area is popular for commuters who work in Dallas but want a more suburban environment for home. The area features tons of state and local parks, as well as proximity to Lake Ray Roberts.

“Terrell is the retail, employment, and transportation hub of the fastest-growing county in the nation,” said Terrell Mayor Rick Carmona. “In the midst of record population increases, our goal is encouraging responsible growth. We welcome new parks, roads, and quality investments like Northspur.”

Hines acquired the land for Northspur in May 2021 and has since been engaged in infrastructure development, including the construction of roads and utilities. The delivery of the first phase of lots is on schedule for the second quarter of 2024.