CBA Land Capital Provides Equity for Sunterra Development
HOUSTON, TX – CBA Land Capital served as an equity partner with developer Land Tejas on 1,039-acres designated as the initial phase of a Master Planned Community named Sunterra. The total development will be 2,300 acres with more than 2,800 homes developed in four phases. Over 800 lots to be developed in Phase one are under contract to home builders.
The community is located a few miles north of Interstate 10 and west of the Grand Parkway and is within the highly regarded Katy Independent School District. Home prices will target first-time buyers and range in price between $200,000 and $400,000. At full build-out, there will be over 2,800 homes developed in 4 Phases and 2 PODs.
The location, school district, home price point, and planned amenities make this an attractive project for CBA Land Capital.
Land Tejas is Houston’s Largest Area Developer and the Sunterra community is the fourth Land Tejas development in the Houston area to feature a Crystal Lagoon amenity.