Megatel Homes Completes Single-Family Residential Development Near Dallas
DALLAS, February 2, 2021 / PRNewswire / – Megatel Homes LLC, one of the largest home builders in the state Texasannounced today that the company has fully completed development of Harvard Villas, a 92-lot community in the United States Dallas Suburb of Plano, Texas.
“Harvard Villas is in the most desirable location West Plano Region, “said Zach Ipour, co-founder.” Harvard Villas residents benefit from the community’s low-maintenance lifestyle, attractive tax rates, and convenient access to some of the area’s best dining, shopping, and entertainment destinations, including Legacy West, the largest mixed-use retail destination in North Texas. “
Prices for homes in the community range from 1,813 square feet to 2,015 square feet $ 379,000 and $ 399,000.
Ipour explains that despite tightened credit restrictions and lack of funding for many private home builders amid the pandemic, Megatel has overcome the problem through the company’s capital markets division, Megatel Capital Investment. “The Harvard Villas project was largely funded by MCI, which ultimately helped us succeed. We are pleased to announce that all loans made by MCI have been terminated.”
Ipour also emphasizes the proximity of Harvard Villas to the opening of Toyota’s multi-billion dollar North American headquarters, which contributed to the community’s success in Plano. “Toyota has sold thousands of its team members California, Kentuckyand also to his new company campus in North Texas that had a significant impact on new home sales in the area. “
The Harvard Villas Community is located in Plano, which was recently voted fifth out of 228 for Best Cities in America by Niche.com. The Plano Independent School District is highly rated and the city has a dense suburban feel.
About Megatel Homes
Megatel Homes was founded in 2006 and has grown to become one of the most successful construction companies in the state Texas. The company has grown significantly since its inception with more than 100 developments consisting of several thousand apartments. The company currently has more than 100 parishes and is rapidly spreading across the country Dallas-Fort Worth Metroplex.
SOURCE Megatel Homes