A new 128-house rental community is coming to McKinney, with units available for residents by early next year.
Called Legacy at McKinney, the home rentals will range in size from 800 to 1,600 square feet and cost between $1,600-$3,000 a month. They will be located at Rockhill Road, near Virginia Parkway.
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Hanson Capital Group, an Arizona-based firm, is building the community along with Legacy Builders Group. Construction is currently under way and the company expects to have their first units ready early next year.
Chris Hanson, who runs the capital group, told Check Out DFW this week that the project serves people in various stages of their life.
“It serves so many sectors,” he said. “Maybe you’re a first-time homebuyer and you don’t have enough money for a big downpayment but you have a good paying job and want a house with a garage, this could be the perfect option for you. Or maybe you’re an empty nester who doesn’t want the hassle of taking care of your home any longer, this could be an option for you, too.”
The homes not only have garages but they also have backyards, a selling point that Hason said has been really attractive to potential renters in DFW.
“This project received 100 percent positive feedback,” he said. “Everyone across Texas knows about McKinney’s story and we like where McKinney is located in the DFW area.”
Residents will get high-end amenities like a resort-pool and fitness center.
“For people who have dogs, you can build a doggy door at our units and your pet can go in and out all day long, opposed to being in an apartment where they are stuck inside all day,” Hanson said.
Hanson’s company owns a variety of industrial and multi-family projects across DFW and they have their eyes on more projects like the McKinnney one, not only in Dallas but across Texas.
“We plan to build 10 of these over the next five years across Texas,” he said. “We are chasing sites in Houston and Austin right now.”
Home rentals like the one Hanson is building in McKinney can potentially help those who are having a hard time buying an affordable home because of the increase in home prices across the metroplex.
“We believe because of the amenities and the managed lifestyle, we’re creating a rent premium,” he said. “We’ve taken this a bit more upscale. Not only do we offer the amenities but also the flexibility people are looking for, if they need to move around a lot because of their career.”
