Rockhill Capital & Investments Sells 1,800-Acre New Fairview Property to Lennar for Major Development, a leading North Texas real estate developer, has announced the successful sale of a vast 1,807-acre property in New Fairview, Texas, to Lennar, one of the nation’s largest homebuilders. This deal paves the way for the creation of a new master-planned community, now known as Ranchland. Lennar plans to develop over 4,000 homes along with additional multifamily units on the site, situated near County Line Road and Farm to Market Road 407. According to Lennar, development on the property is expected to begin in the summer of 2025, with the first new homes slated for availability by the summer of 2028.
“We are proud of the collaborative efforts between our team and the City of New Fairview, which helped shape the vision for this new master-planned community,” said Ryan Griffin, principal and CEO at Rockhill Capital & Investments. “We see Lennar as the perfect builder to bring this vision to life and make Ranchland a vibrant and thriving community for all.”
The property, which Rockhill acquired in 2022, has undergone significant entitlement efforts over the past year. Working with development consultant Ocie Vest of Southridge Park,
The property, which Rockhill acquired in 2022, has undergone significant entitlement efforts over the past year. Working with development consultant Ocie Vest of Southridge Park, Rockhill’s team collaborated with local officials to secure the approvals needed for the project, which includes a complete live-work-play environment. This planned development will not only feature residential homes but also include commercial spaces, parks, and schools, creating a self-sustaining community. The project aims to provide both families and individuals with a diverse range of living, working, and recreational opportunities.
Ranchland is strategically located within both Wise and Denton Counties, Property with portions of the development falling under the Northwest ISD and Decatur ISD school districts. Its location offers convenient access to key cities, as it is situated approximately 15 miles from Decatur, 20 miles from Denton, 30 miles from Fort Worth, and 45 miles from Dallas. This central positioning within North Texas is expected to attract both current and future residents seeking a high-quality suburban lifestyle with easy access to urban amenities.
“We’re incredibly excited to be part of bringing Ranchland to New Fairview,” said Greg Mayberry, Division President at Lennar. “This community will be a true destination, offering beautiful homes for all stages of life, a vibrant town square, schools, parks, and a variety of commercial spaces. It’s designed to be more than just a place to live—it will be a place to connect, grow, and create lasting memories.”
As a part of its continued expansion in North Texas, Property Rockhill Capital & Investments is actively developing several other projects throughout the region. One of the company’s flagship developments is Uptown Celina, a 675-acre community in Collin County that will feature 2,500 homes. Homes are already on sale in the neighborhood, which is located just north of the charming downtown Celina. Additionally, Rockhill is collaborating with Covenant Development on the highly anticipated Heritage Ranch in Sherman, Texas, a 440-acre mixed-use master plan. In Howe, Texas, Rockhill Property is also leading the development of Noble Ridge, a unique community that will feature 700 new homes.
“The New Fairview land deal is just another step in Rockhill’s ongoing commitment to shaping the future of North Texas,” said Griffin. “Our team is focused on identifying high-potential land opportunities and working with cities to understand their growth visions. We are thrilled to see Ranchland evolve into a community that will contribute to the continued growth and prosperity of this region.”
The collaboration between Rockhill Capital & Investments and Lennar Property marks an exciting new chapter for both companies as they work to deliver exceptional living spaces to North Texas residents. The Ranchland development promises to be a hallmark of modern planning, bringing together residential, commercial, and recreational elements to create a dynamic community for years to come.
About Rockhill Capital & Investments
Rockhill Capital & Investments is a prominent commercial and residential real estate development firm based in North Texas. Specializing in land development and construction management, Rockhill has made significant contributions to the region’s rapid growth. Over the last decade, the company has earned a reputation for its thoughtful and strategic approach to land development, delivering successful projects that help build vibrant communities.
About Lennar
Founded in 1954, Lennar Corporation is one of the nation’s leading builders of quality homes. The company’s portfolio includes affordable, move-up, and active adult homes, which are built primarily under the Lennar brand name. In addition to homebuilding, Lennar offers mortgage financing, title, and closing services through its Financial Services segment. The company also develops multifamily rental properties and provides equity and credit solutions through its nationwide commercial real estate division.
