Leon Multifamily Launches First Units at Lakesound, Strengthening DFW Market
Leon Multifamily, a subsidiary of Leon Capital Group, is proud to announce the completion of the first units at Lakesound, a luxurious 360-unit lakeside community situated in Hickory Creek, Texas. Aimed at residents seeking the perfect blend of modern conveniences and serene natural surroundings, Lakesound is redefining luxury living in the Dallas-Fort Worth (DFW) area. With its prime location and exceptional design, it sets a new standard for upscale rental properties.
Positioning Lakesound Amid Dallas-Fort Worth Multifamily Market Trends
The Dallas-Fort Worth rental market continues to flourish, driven by a combination of job growth, an influx of people moving to the area, and ongoing business relocations. The DFW market is recognized as one of the nation’s top locations for real estate investment, bolstered by strong fundamentals such as a robust job market, significant population growth, and an attractive business climate. According to the 2025 Emerging Trends in Real Estate report by ULI and PwC, DFW ranks as the top market for real estate prospects, with sustained demand from investors further emphasizing its potential for future growth.
“The DFW multifamily sector is evolving as demand for high-quality Class A properties like Lakesound grows,” said Scott Lyday, Managing Director of Design & Construction at Leon Multifamily. “As the area continues to expand, we see a significant opportunity to provide exceptional living spaces that offer both convenience and tranquility.”
Key Market Trends Influencing the Sector
Several market trends are driving the current dynamics within the DFW multifamily sector:
- Population Growth: Dallas-Fort Worth continues to be a major draw for young professionals and families, with its strong job market and exceptional quality of life. People are flocking to the area for new career opportunities, better education options, and a higher standard of living.
- Demand & Absorption: DFW is leading the nation in new apartment deliveries, with high absorption rates reflecting a robust demand for housing. This indicates a healthy rental market, where newly developed properties, such as Lakesound, are quickly being filled by tenants.
- Occupancy & Rent Stability: The demand for Class A multifamily properties remains strong, with minimal fluctuations in rent. This is a positive indicator for the long-term stability and profitability of luxury developments like Lakesound.
- Suburban Growth: The DFW area is experiencing significant growth in suburban submarkets, especially those between Dallas, Fort Worth, and Denton. With shifting demographics and an increasing number of residents looking for more affordable housing options outside city centers, the demand for suburban multifamily communities is on the rise.
Luxury Living in a Prime Location
Lakesound’s location within the Lake Cities region, specifically in Hickory Creek, positions it as an exceptional choice for those seeking luxury living in a prime suburban area. “The Lake Cities region, including Hickory Creek, is flourishing with new infrastructure, businesses, and community appeal,” said Christy Chumley, VP of Operations at Leon Multifamily. “This area is quickly becoming one of the most sought-after destinations for renters in North Texas.”
Lakesound offers an idyllic retreat near major DFW hubs and is just minutes away from the beautiful Lewisville Lake. The community’s lakeside setting allows residents to enjoy outdoor recreation, from scenic walking trails to water activities, all while being close to the conveniences and amenities of urban life.
As part of the development’s commitment to offering an unparalleled living experience, Lakesound features resort-style amenities that enhance its appeal to prospective renters. These include a sparkling pool, a state-of-the-art fitness center, and scenic lakeside walking trails, providing residents with both luxury and relaxation at their doorstep.
“We anticipate strong demand for Lakesound as demographic trends and job growth continue to drive interest in luxury multifamily living,” Chumley added. “The combination of this community’s natural beauty and premium amenities will appeal to a wide range of renters seeking a place to call home in a thriving region.”
Leon Capital Group’s Commitment to Quality and Innovation
Founded in Texas, Leon Capital Group started as a small real estate development firm but has since grown into a diversified holding company. The firm has successfully overseen more than $10 billion in private capital since its inception. With a portfolio that spans various sectors, including real estate, healthcare, financial services, and technology, Leon Capital Group continues to invest in opportunities across multiple industries and regions.
Leon Multifamily, the subsidiary responsible for the Lakesound project, is part of the company’s ongoing commitment to creating high-quality living spaces that meet the needs of a growing population. As part of its broader strategy, Leon Capital Group focuses on developing residential communities that blend modern luxury with sustainable living practices, always keeping the needs of future residents at the forefront.
“We believe in creating spaces that offer more than just a place to live; we strive to provide communities where residents can thrive,” said a representative from Leon Capital Group. “The success of Lakesound marks an exciting milestone for us, and we are eager to continue building more properties that reflect our commitment to excellence.”
Future Growth and Prospects for DFW Multifamily
The multifamily sector in DFW is expected to continue its positive trajectory, with a strong outlook for the coming years. Factors like population growth, demand for Class A properties, and suburban expansion are expected to sustain the market’s momentum, making developments like Lakesound well-positioned to benefit from the area’s evolving landscape.
As demand for high-quality rental properties in DFW rises, Leon Multifamily’s investments in luxury living spaces such as Lakesound play a vital role in meeting the needs of a dynamic and diverse population. The community’s completion marks the beginning of an exciting phase for the company, as it seeks to expand its footprint in the growing DFW market.
