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Here’s more proof of how well home builders are doing in some parts of the country, namely, of course, Texas: a Coral Gables residential developer recently bought up a super successful builder of residential communities, many in Texas.
Read more on Bluegreen Communities Go South, and East and West to SouthStar, Mehrdad Moayedi…
Former Cowboy Linebacker Dexter Coakley loves living in Lake Ridge, a hilly 3600 acre development along Joe Pool Lake on the west side of Cedar Hill, 3.5 miles west of Highway 67. In 1994, Bluegreen Communities acquired the one-time ranch land and opened it to builders. Said to be the only place where you are truly mid-city — you can have views of downtown Dallas and Fort Worth at the same time, not to mention Cowboy Stadium and the lake. Unlike many developed communities with cutely-spun names, Lake Ridge is actually ON a lake, on a ridge. The 800-foot elevation on the hilltop provides views of Joe Pool Lake, downtown Fort Worth, and Tangle Ridge Golf Course. Within the community are the rolling acres of Valley Ridge Park, with sports fields, playgrounds, and walking and biking trails. Lots range from a bargain basement low of $29,900 to half a million dollars, sold directly to the consumer. And all this natural beauty is just a 20-minute drive from downtown Dallas.