Real estate
BY JACQUELYN BURRER
Home Edition
2026
Readers, welcome to your annual Community Impact Home Edition. This guide features news ranging from key real estate trends and developments unique to your neighborhood to new buildings going vertical nearby. One of the stories in the guide is about build-to-rent housing in Prosper and Celina. The trend has seen continued growth in the area and our local reporter takes a dive into what you need to know as a resident. You’ll also find two listings pages inside about single-family homes that are being built and coming online along with multifamily housing. No matter what your family needs to know, we have the news that is helpful to you. All of the stories are written by our team of local journalists who are invested in keeping you informed in your community. We’re unwavering in our commitment to provide free, useful news to the community, because we believe everyone deserves to receive high-quality information about where they live.
What's inside
See 5 housing developments updates in Prosper, Celina (Page 19)
Samantha Douty Senior Editor sdouty@ communityimpact.com
Check out updates on 5 multifamily projects (Page 21)
Find the latest real estate updates from March (Page 22)
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Build-to-rent housing in Prosper, Celina continues to grow
Development of build-to-rent housing com- munities has continued to surge in Prosper and Celina in recent years, adding another housing option as North Texas continues to grow. The details Bryan Lawrence, senior vice president of consulting at real estate research firm John Burns Research & Consulting, said the metroplex has seen significant growth in the built-to-rent industry since the COVID-19 pandemic, including in Prosper, Celina, McKinney and Denton. While the housing type varies by development, Lawrence said build-to-rent communities can include options like attached townhomes and duplexes to detached single-family homes. Lawrence said build-to-rent communities help fill a gap between traditional apartments and for-sale homes, providing options for people looking for a more affordable option and renters by choice.
“A lot of people just enjoy the flexibility of being able to rent,” Lawrence said. Zooming in Many build-to-rent communities include features that appeal to renters looking for more privacy and space, including private yards, attached garages and neighborhood-style layouts. “Build-to-rent can be more of a luxury product as opposed to multifamily, depending on how it’s designed and the community type,” Lawrence said. Lawrence said John Burns Research & Con- sulting began tracking the industry in 2012. Since 2021, Prosper and Celina have seen at least eight build-to-rent communities open or begin construction. “If there wasn’t demand for rental, then it wouldn’t fill up,” Lawrence said. “Clearly, there’s demand because these units lease up, and you have high retention rates, and even when you have turnover, you’re able to backfill.”
Rainwater Crossing
Complete Under construction
Celina
455
455
Yardly Cross Creek Meadows
Parchaus at Celina Parkway
Amavi Celina
428
Avilla Grove
Sundance Celina
E. FRONTIER PKWY.
Christopher Todd Communities Celina Park
BB Living Light Farms
Prosper
W. FIRST ST.
DNT TOLL
380
N
MAP NOT TO SCALE
18
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