Hello Frisco

Elegant Frisco flats boast location and an abundance of luxury perks

Imagine if you could live at a resort: luxury, convenience, and a general sense of peace would be the everyday norm. Although this may seem like a far-fetched daydream, one new community in Frisco has taken the idea and made it as close to reality as possible.

Located in the booming suburb of Frisco, The Corvalla at Stonebriar is an upscale, three-story community of 121 flats with a desirable list of amenities and perks. Ranging in size from 1,700 to 3,000 square feet, the homes — which begin in the $700,000 range — feature one or two spacious bedrooms, plus an optional study. The flats have an urban-chic aesthetic with high-end finishes and well-planned layouts, thanks to the collaboration between Robert Elliott Custom Homes, Western Securities, and the architecture firm Stocker Hoesterey Montenegro.

Purchasing a Corvalla home also comes with a complimentary social membership to the adjacent Stonebriar Country Club. Yep, that’s a free pass to clubhouse dining and its privileges, plus access to the club's top-notch fitness center, group classes, junior Olympic-size pool, massage therapy, and more.

Homeowners association fees include maintenance contracts and upkeep of the common areas, beautiful landscaping, and swimming pool. And at only 40 cents per square foot, the membership is an incredibly good deal.

Residents also have access to an onsite concierge, clubhouse with a private entertaining area, resort-style pool with shaded lounge area, and manicured courtyards with green spaces, fountains, and fire pits. There is also private and secure underground parking, plus secure access into residential buildings.

And talk about a prime location. The community sits near The Shops at Legacy and Stonebriar Centre, two of North Texas' favorite shopping and dining destinations, and is just 10 minutes from Grandscape's new lifestyle center — with its pocket parks, play areas, outdoor amphitheater, and water features — and The Star. It’s also close to Sam Rayburn and Dallas North tollways for easy travel into Dallas and surrounding areas.

The Corvalla is slated to open in September, with a grand-opening event scheduled for September 8. Contact Brooke Williamson with the Associates Realty at either 512-922-8862 or Kerry.brooke@stillwatercap.com for more party details.

But also don't forget that pre-sales at The Corvalla have already begun, and you can browse the listing s through The Associates Realty or stop by the sales center in The Westin Stonebriar Hotel & Golf Club to learn more.

The Corvalla at Stonebriar is currently under construction, but sales are already underway.

Dallas_Stillwater Capital #7- The Coravalla

Photo courtesy of The Associates Realty

The Corvalla at Stonebriar is currently under construction, but sales are already underway.

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Anna Land Buy

Cox Family sells 116 acres in Anna for mixed-use development

Courtesy photo

Anna, Texas

A major land sale in Anna is paving the way for new mixed-use development. According to a release, Frisco-based Rockhill Capital & Investments struck a deal with the Cox Family to acquire 116 acres at County Road 371 and SH-5, approximately two miles east of US-75.

Younger Partners Executive Managing Director John St. Clair, Vice President Tyler Hemenway, and Associate Davis Willoughby represented the seller in the transaction. The sales price was not disclosed.

Rockhill will sell fully entitled tracts of land to homebuilders, multifamily, and commercial developers.

The single-family portion will be built in phases with development of 325 single-family lots, says Rockhill Chief Development Officer Brent Libby in a statement.

“Construction will likely begin early in Q2 2025,” Libby said. “We’ve already sold 82 of the 116 acres to homebuilder Taylor Morrison and they should break ground first.”

The remaining acres are already being snapped up including 9.5 acres on SH 5 that is under contract to a commercial developer, and interest from a user/developer on the remaining 24 acres, which is zoned for multifamily.

The Cox Family owned the land for decades and had received multiple offers on the property over the years, but were never ready to sell.

“Ultimately, the family wanted to capitalize on the land market before unforeseen market factors took place,” said St. Clair of Younger Partners. “This deal took place at the right time with the right buyer.”

The acquisition nvolved a lengthy zoning process to acquire the land. Rockhill created a Public Improvement District (PID) on the single-family portion of the land, which helped the deal move forward.

Rockhill already has land holdings in nearby high-growth cities of Howe, Van Alstyne, and Sherman, and it ain't stopping here.

“We’ll continue to source and acquire land in the area where we can add value through entitlements, and either develop the property or hold it for some time and exit to another developer or end user,” Libby says.

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