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The Dallas Morning News (Apr 15, 2021)

More than 400 homes planned in new Collin County residential community
Taylor Morrison and NexMetro Communities will build in the Stoneridge development in Melissa.

Two builders have purchased land in Melissa with plans for hundreds of new homes.

Taylor Morrison and NexMetro Communities bought a 92-acre tract near U.S. Highway 75 and Melissa Road north of McKinney. The property was sold by Astra Development and will be used for a community called Stoneridge.

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A truly unique alternative to the typical rental experience, Avilla Homes neighborhoods feature single level, detached homes for lease in a gated enclave. The one, two and three-bedroom floor plans feature private entrances, outdoor patios and backyards, along with high-end finishes such as 10' ceilings, granite/quartz countertops, stainless steel appliances and more. The pet friendly communities offer the perks of neighborhood living with optional garages, resort-style pool, beautifully landscaped recreation areas, and even an electric car charging station - all maintained by a professional management company, without mortgage payments or HOA fees.

About NexMetro

NexMetro Communities is an innovative development company focused on building luxury leased home neighborhoods that serve lifestyle conscious consumers seeking a new home experience without the burdens of a mortgage. In partnership with its affiliated companies, NexMetro has developed Avilla Homes neighborhoods since 2010 in key Sunbelt locations. Combining elements of residential single-family living with rental terms and management, NexMetro provides a growing market niche of consumers a leased home experience like no other.

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