Pacesetter Homes, based in Austin, has its eyes on another part of Texas: Dallas. The Dallas Business Journal talks to a Pacesetter exec about the builder’s plans.
Pacesetter has about 1,200 lots under contract in North Texas, said Blake Friesenhahn, the builder’s vice president for DFW. The company plans to build a little more than 200 homes in the area this year, he said.
“We’re excited because we think as we’re opening up a lot of these new communities, they’re in price points that are in very high demand,” Friesenhahn said in an interview with the Dallas Business Journal. “We think 2020 is going to continue to be a good year for the market, and we plan on having a significant jump in our position in the market.”
Pacesetter’s current communities in North Texas include Woodridge in Oak Point, Creek Crossing in Melissa, Anna Town Square in Anna, Parks at Legacy in Prosper and Breezy Hill, Stone Creek and Gideon Grove in Rockwall. Homes in those communities range from the upper $200s to the mid-$400s, with the average in the $350,000 to $450,000 range, Friesenhahn said.
Pacesetter has sold about 80 homes in those communities so far.