Windsong Ranch: Diverse Living Options Emerge in Prosper Through Grenadier Homes and Resmark Partnership
Prosper, Texas, is renowned for its vibrant communities, excellent amenities, and a lifestyle that appeals to a wide spectrum of residents. Amidst this thriving environment, a significant collaboration between Dallas-based Grenadier Homes and California-based The Resmark Companies has introduced a unique proposition: meticulously designed, right-sized, and right-priced housing options within the prestigious Windsong Ranch master-planned community. This strategic partnership addresses the evolving needs of both those nearing retirement and first-time homebuyers, providing unparalleled opportunities to settle in one of North Texas’s most coveted locations.
The alliance forged by these two reputable developers has culminated in the creation of 198 single-family attached townhomes, thoughtfully distributed across two distinct neighborhoods within Windsong Ranch. This development holds particular significance as it represents the only remaining planned residential expansion within this highly sought-after master-planned community. The comprehensive investment covers both the successful continuation of The Villas at Windsong Ranch and the introduction of an entirely new line of townhomes, ensuring a diverse offering to meet varying lifestyle demands.
A Strategic Collaboration Fueling Growth in North Texas Real Estate
The partnership encompasses two key components: the second phase of The Villas at Windsong Ranch, featuring 88 single-story villa townhomes, and an innovative collection of 110 two-story townhomes designed specifically for Windsong Ranch. The initial phases of this ambitious project, which saw sales commence in Summer 2019, successfully delivered first occupancies by late 2019, with the entire development reaching completion in Summer 2023. This timeline underscores the efficient execution and market responsiveness of both Grenadier Homes and Resmark.
Resmark, a distinguished real estate investment manager headquartered in Los Angeles with additional offices in San Diego, Irvine, Austin, and McLean, Virginia, brings extensive experience and strategic vision to the table. For Resmark, this venture marked its inaugural investment in the dynamic Dallas market, a decision rooted in a profound belief in the region’s enduring potential. Michael Zarola, Senior Vice President of Investments for Resmark’s Land and Housing division, emphasized their partner-first philosophy. “This is our first investment in Dallas,” Zarola noted, highlighting Resmark’s approach, “what we really do kind of focus on partner first and real estate second.”
Zarola’s move to Austin prior to this partnership signifies Resmark’s dedicated effort to identify and collaborate with top-tier Texas developers. “I started just put out feelers, meeting with anyone and everyone I could, and determining who would be a good fit for what Resmark is looking for and who built the kind of product and is in the kind of niches that we like to be in,” he explained. This meticulous vetting process led to a year-long dialogue, ultimately culminating in the robust partnership with Grenadier Homes.
Resmark’s commitment to the Texas market is a long-term strategy, reflective of their 25-year history managing pension fund money. “Resmark has always been a long term player,” Zarola stated. “When we came out here it wasn’t ‘the Texas housing market is hot let’s go put some money there’ — it was that we think Texas is going to be a good place for many years. I believe it’s gonna be a great place for our investors to put money and partner with home builders and developers, and earn a good return. And it’s going to continue because people aren’t going to stop moving here.” This perspective underscores a shared confidence in Prosper’s sustained growth and appeal.
Grenadier Homes, a well-established Dallas-based builder, boasts a proven track record of success within Windsong Ranch. Their Villa program had already flourished for nearly three years, achieving an impressive 80 percent sales rate for its initial 114-villa phase. John Egnatis, CEO of Grenadier Homes, expressed enthusiasm for the collaboration: “We are pleased to partner with Resmark with this investment in Windsong Ranch. We appreciate the common vision we share for both the marketplace and the way we approach business relations collaboratively. Beginning the relationship with an already-successful Windsong Ranch community is a great launching point.” He added, “Our Villa program has already met with success and we are excited to introduce our new Townhomes, as both offer a great value within the award-winning master plan.”
Tailored Living: Designing Homes for Diverse Lifestyles
The partnership’s offerings are thoughtfully designed to cater to two distinct, yet equally important, demographic groups: active adults and first-time homebuyers.
The Villas: Embracing the Empty Nester and Active Adult Lifestyle
The Villas at Windsong Ranch are specifically crafted to meet the desires of “move-down” buyers, primarily empty nesters and those aged 55 and older seeking a more manageable yet luxurious living space. These single-story villa townhomes feature two or three spacious bedrooms, complemented by small private yards or patios, ideal for low-maintenance outdoor enjoyment. Ranging in size from 1,301 to 1,766 square feet, these homes incorporate Grenadier’s acclaimed Universal Design principles, a feature that has garnered significant popularity within the active adult market.
Universal Design ensures that homes are accessible and comfortable for residents at all stages of life and mobility. This includes thoughtful touches like wider doorways and halls, user-friendly faucets and showers, and other customizable options that enhance daily living without compromising on style or functionality. Buyers also have the flexibility to add an optional second story, perfect for an additional bedroom, a dedicated bonus room, or a home office.
Michael Zarola articulates the needs of this demographic: “We call them a move down buyer, and a lot of those folks are typically empty nesters where they might have had four or five people in a house at one point, and now they’re down to two. So what we’re finding is that they don’t need as much space.” He further explains the unique decision-making process for these buyers, who often possess excellent credit and significant equity from previous homeownership. “Sometimes it’s hard even though they’re very well-qualified buyers because they’ve owned a home for many many years. They typically have equity built up in their current homes, but the dynamics of what we’re finding is that some of those buyers take a while to come to the conclusion that they want to downsize, and they think they need to hold on to that big home because they want the kids to come and visit and grandkids to be there.”
The Villas offer a compelling solution to this dilemma. Zarola emphasized the appeal: “Here we can buy a house that’s right size has all the modern updated appliances and we’re not walking stairs, and so I think that’s the that’s the key here.” Moreover, these buyers seek to maintain close ties with their families and established communities. “You don’t want to be far from the grandkids, and you actually want to be close to your children and your grandchildren,” he noted. “And so what we’re finding is that there’s a lot of these buyers want to be in suburban markets. They don’t want to be out in the middle of nowhere – they want to go to the same church that they went to, or that their kids and grandkids go to, and they want to go to the same grocery store, and so on.” The Villas perfectly fulfill this desire for modern comfort within a familiar, family-centric suburban setting.
The Townhomes: An Accessible Gateway for First-Time Homebuyers
In addition to the Villas, Grenadier Homes and Resmark have introduced 110 two-story townhomes, featuring an innovative design tailored for a younger demographic, typically households aged 25-44. These spacious townhomes, ranging from 1,897 to 2,098 square feet, offer three bedrooms and convenient two-car garages. They represent an ideal entry point for first-time buyers and young families eager to establish roots in a premier community like Windsong Ranch without the prohibitive price tags often associated with single-family detached homes.
With a competitive price point in the $300,000 range, these townhomes address a critical market need. Zarola explained, “It’s the folks that might be you know, ‘Gosh, I really want to be in Windsong, and I have a family and I wanted to buy a single family detached but I can’t afford $500,000 or $400,000, or whatever it is just to get in there.’ I can definitely afford $300,000 and I get 2,000 square feet. And then maybe as the kids mature and I start making more money, we can move into a single family home within Windsong.’” This makes the new townhome line a strategic stepping stone, allowing young families to grow within the Windsong Ranch community.
Zarola takes immense pride in creating such diverse and accessible housing solutions. “We’re excited really excited about that,” he affirmed. “It’s two very different demographics, but still very affordable.” This dual approach underscores the partnership’s commitment to fostering inclusive and sustainable community growth.
Windsong Ranch: A Master-Planned Community Redefining Amenity-Rich Living
The allure of these new homes is significantly amplified by their location within Prosper’s Windsong Ranch, an award-winning master-planned community renowned for its exceptional amenities and lifestyle offerings. At the heart of Windsong Ranch is a spectacular five-acre, state-of-the-art lagoon developed by Crystal Lagoons, providing residents with a unique beach-like experience right at their doorstep. This incredible feature is part of an expansive 600 acres of meticulously planned open space, which includes serene lakes, vibrant parks, lush green spaces, and an extensive network of bike and hike trails.
Beyond the natural beauty, Windsong Ranch offers an array of recreational facilities designed to cater to every age and interest. Residents can enjoy multiple swimming pools, a cutting-edge fitness center, and a dedicated children’s splash park, ensuring endless opportunities for relaxation, exercise, and family fun. The community’s commitment to a holistic lifestyle, combining natural landscapes with modern conveniences, makes it an unparalleled choice for both active adults seeking tranquility and young families craving adventure and connection.
Investing in a Thriving Future in Prosper
The Grenadier Homes and Resmark Companies partnership represents more than just a real estate development; it is an investment in the thriving future of Prosper, Texas. By offering thoughtfully designed homes that cater to specific market needs—from the universal design villas for downsizers to the affordable entry-point townhomes for young families—this collaboration is enhancing the fabric of one of North Texas’s most desirable communities.
Windsong Ranch, with its unparalleled amenities and strategic location, provides the perfect backdrop for these innovative housing solutions. As Prosper continues to attract new residents seeking quality of life, excellent schools, and economic opportunity, the homes developed by Grenadier and Resmark stand as a testament to intelligent, community-focused building. Whether you are an empty nester looking for a maintenance-free lifestyle or a first-time buyer dreaming of a vibrant community, these properties offer a unique chance to experience the best of North Texas living.