Texas A&M To Sell 163 Acres Of Land To Centurion American
Texas A&M is selling a huge area of farmland in the DFW area, which means hundreds of new homes will be available to those in northern Dallas county. The university system is set to sell 163 acres of this land to Centurion American. The farmland being purchased is north of Campbell Road on Coit Road in Richardson. It is adjacent to the Texas A&M AgriLife Research and Extension Center.
The deal is not yet closed, but talks about this land acquisition have been going on all summer. It has been a competitive process for developers interested in this land, but Centurion American is set to close on the deal by September 1. Selling this land will aid in the construction of a new state-of-the-art research center for Texas A&M on the remaining 80 acres of land in this northern Dallas county area. Centurion American plans on building 720 single-family homes and 180 townhomes on the large tract of land.