Sourcing Land for National Builders in Celina/Prosper - What are you seeing?

Sourcing Land for National Builders in Celina/Prosper - What are you seeing?

Real Estate Consultant · Philadelphia · Member since 2026 · 37 posts · 14 votes

Hey everyone,

I'm currently sourcing off-market land (10+ acres) in the Celina/Prosper corridor for a national homebuilder client.

The feedback I'm getting from local landowners is that expectations are still stuck at 2024 prices, even though developers are looking for deals closer to $40k–$50k/acre.

For those farming North DFW right now, are you seeing sellers start to come down to reality?

Also, if anyone here has a lead that didn't work for a flip because it was too expensive/large, but might fit a builder's model, I'd be happy to take a look.

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