The developer of Barratt Lake Estates has just closed on the last tract of land needed to develop the property. We're all excited for the dirt to start turning. We're just waiting for final approval from the town of Lucas on the development plans.
BLE will be a 13 lot, very high end project by Dinapoli Development, LLC. He also developed and sold out Three Oaks and Oak Meadows in Fairview, both very high end developments with homes ranging from $2 million to over $3 million.
BLE will be a gated community with lots ranging from 2-6 acres. It's a beautiful tract of land that abuts the 25 mile long Trinity Equestrian and Hiking Trail which winds around Lake Lavon. Horses will be allowed in the development on certain lots.
The property is in Lovejoy school district, one of the finest in the entire state of Texas per the Texas Education Agency. Lots will be ready for delivery in the Fall of 2021. We'll be updating the project as it moves towards completion, so stay tuned.