One of North Texas’ largest new residential communities is getting a rental-housing neighborhood.
The 1,100-acre Painted Tree development is under construction just north of U.S. Highway 380 in McKinney.
The community — planned for 3,400 homes — is a project of Dallas’ Oxland Advisors and New York-based JEN Partners.
Along with hundreds of for-sale houses, the first phase will include a new built-to-rent neighborhood by Arizona-based Curve Development.
Cyrene at Painted Tree, developed by Curve Development, is a build-to-rent neighborhood that will have 304 single-family detached rental homes.
The new residential community is being built off Wilmeth Road and Lake Forest Drive. Curve Development is partnering with Oxland Group on the project...