YES Communities Plans to add 162 Homesites to an existing 111-site community in 2023
The Estates, located in Princeton, Texas, has added 162 new sites with the most recent expansion with new homes being scheduled for delivery now. In addition to the expansion, a new amenity center has been constructed that includes a beautiful clubhouse, playground, walk-in pool, picnic pavilion, walking trails, and a pond with a pier.
YES, a Colorado-based private real estate investment trust, or REIT, will have a total of 273 total homesites at The Estates with the expansion.
The homes currently placed in the community — a mix of single and multi-section homes — come from Oak Creek Homes, built in nearby Lancaster, Texas.
Each home has a front-loaded deck constructed in the factory, and the sites have tandem parking down the side of the home, which allows for a sizable front yard.
Buyers at The Estates can rent or purchase a home.
More than two dozen homes were placed at The Estates in the second half of 2022, and there are plans for adding another 50 homes in 2023.
“With the growing need for attainable housing in North Texas, the opportunity to expand and deliver modern new homes at The Estates in Princeton was an obvious decision,” YES Communities Senior Division Vice President Trent Wagstaff said. “Building a beautiful new community center, along with a pool, playground and pond were also important in ensuring that our residents and future residents would be proud of this community.”
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