Deals Day: Builder buys lots in Frisco for affordable townhomes


Megatel Homes plans to expand Wade Settlement, a townhome development in Frisco.

The homebuilder has acquired 100 finished lots from competitor Siena Homes and plans to build three- and four-bedroom townhomes on the site, in addition to the 200 lots it already has under contract in the community.

Wade Settlement is located at the intersection of Parkwood Boulevard and Highway 289. Twenty-two of its townhomes have been pre-sold before the community’s first model home is expected to open next…

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