Newcor Facilitates Sale of 19.18 Acres Tract in Montgomery, Texas.
Montgomery, Texas - June 25, 2024 - Newcor Commercial Real Estate is pleased to announce the successful facilitation of the sale of a 19.18 acres tract of land in Montgomery, Texas. The transaction was handled by our dedicated team members, Josh Cheatham and David Alexander, who orchestrated the deal between buyer and seller.
The land, strategically located just off Hwy 105 on Lonestar Parkway, has been acquired by K. Hovnanian Homes, a renowned national homebuilder. K. Hovnanian Homes plans to commence the next phase of their prestigious subdivision, The Hills of Town Creek, on this tract. The development is conveniently situated behind Montgomery ISD’s football and baseball stadiums, promising a vibrant and community-centric neighborhood.
“We are thrilled to have facilitated this significant transaction,” said Josh Cheatham, Principal at Newcor. “This sale underscores the growing demand for quality residential development in Montgomery and highlights our firm’s commitment to delivering exceptional real estate solutions.”
With homes starting in the mid $300’s, The Hills of Town Creek is set to enhance the local landscape with its thoughtfully planned homes and community amenities, contributing to the area’s continued growth and prosperity.
For further details about this acquisition or to learn more about Newcor and its services, please contact:
Josh Cheatham |