Indian Springs to have 583 homes
300 single-family lots for first phase of new 138-acre development
CROSBY, Texas – July 19, 2022 – Trez Capital announced the closing of a $15.3 million loan to Windy Hill Development, LLC for the development of 300 single-family lots in the first phase of Indian Springs, a new planned community located just outside Houston, in eastern Harris County on Indian Shores Road near the eastern shores of Lake Houston. The four-phase development spans 138 acres and will have approximately 583 homes upon completion.
“With the shortage of single-family homes and lots in Texas, Trez Capital is pleased to provide the financing for Indian Springs, bringing more homes to this rapidly expanding area of Houston,” said John Sullivan, vice president of origination at Trez Capital. “The improvement and expansion of FM 2100 has opened up the east side of Lake Houston to new development. Indian Springs with its heavily wooded surroundings and accessibility to Lake Houston, creates a family-friendly environment at a price point that welcomes young families.”
“With our family history of real estate and land development in the area dating back nearly 100 years , we are delighted to bring our vision to life alongside our investment partners,” said Rachael Hall, principal of Windy Hill Development. “Indian Springs embodies the spirit of Texas and reinforces our commitment to maintaining our family’s building legacy.”