CARMEL VILLAS – SOLD

Villas of Carmel is a 35-acre tract in Denton, TX zoned RCC-D, approved for Townhomes. Approved Plat lays out 410+ TH units. Construction plans for Phase 1 has been submitted to the City of Denton. Denton Regional Medical Center and related hospitals and clinics are within ½ mile of the property. Villas Denton is the 10th Fastest Growing City in the U.S. 3 very successful residential communities are nearby, including the Villages of Carmel (on Phase 4), Preserve at Pecan Creek and Glenwood Village with over 1,000 homes. 3 Multi-Family complexes are within ½ mile. The property has a north (Edwards Rd.) and south (Pockrus Paige Rd.) access point with easy access to the Interstate 35 service road. The University of North Texas with an enrollment of 38,000 students is 5 minutes away. The Denton County Transportation Authority (DCTA) commuter system station is ½ mile away with a connection to the Dallas Area Rapid Transit (DART) for easy access to downtown Dallas.