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Homebound pays $731M for North Texas home lots, including within Flower Mound’s The Villas at Lakeside

A California-based company, Homebound, has purchased over 1,000 home lots across North Texas, including more than 40 in Flower Mound, according to a news release.

The lots within The Villas at Lakeside, which are single-family residences within the 160-acre Lakeside mixed-use development, will be the first project Homebound starts on, per the news release.

What you need to know: The 44 lots acquired by Homebound sit near Lakeside Parkway, according to a map of the community. Home prices within Homebound’s portion of The Villas at Lakeside start at $1.79 million, with home sizes ranging from around 2,800 square feet to over 3,700 square feet, per Homebound’s website.

The company plans to build Mediterranean-style villas within Lakeside, and will be the final single-family homes in the Lakeside Village part of the development, per the news release.

What else: In addition to the acquisition of lots within Lakeside, Homebound also purchased lots in:

  • Swan Lake in Dallas
  • Park Place and Mosaic in Prosper
  • Westhill Parks in Mansfield

 
Coming Soon
Function Coffee Co. to bring locally brewed coffee to Northlake

Function Coffee Co. will be opening this spring, said Founder Tony Daussat. 

What they offer: The business’ coffee is roasted locally each week on a low-emission Bellwether roaster with beans sourced from ethical, living-wage farms, Daussat said. The coffee shop will also have small bites and provisions from local artisans.

The coffee shop will also serve signature iced drinks, which are made to order and served in a clear can that is filled and sealed right in front of the guest, Daussat said. 

Quote of note: “We’ve been incredibly intentional about every detail, from how we roast the coffee, to the ingredients, to the furniture we’ve selected and the overall feel of the space,” he said. “From the beginning, our goal has been to create a place where people feel genuinely welcomed—a true gathering place for the community.”

  • 101 Plaza Place, Ste. 150, Northlake

 
Transportation Tuesday
See 5 road project updates in Dallas-Fort Worth

Stay informed on five road projects happening around Dallas-Fort Worth.

Collin County

Plano asphalt overlay projects
Project:
A thin layer of asphalt overlay will be constructed on four roadway sections, including Legacy Drive between Coit Road and Custer Road, Park Boulevard between the West City Limit and Preston Road, Parker Road between Independence Parkway and US 75, and Independence Parkway between Parker Road and Spring Creek Parkway.
Update: Plano City Council members approved a contract for all four roadway sections at the Feb. 23 council meeting.

  • Timeline: work to occur this summer
  • Cost: $5.38 million
  • Funding source: city of Plano

First Street widening
Project: First Street will be widened from a two-lane rural roadway to a four-lane roadway from Dallas North Tollway to Coleman Street.
Update: The project was scheduled to start in winter 2025 but was pushed to spring 2026. The project is 100% designed, and bidding is 99% complete.
  • Timeline: spring 2026-fall 2027
  • Cost: $27.79 million
  • Funding source: town of Prosper

 
Stay In The Know
Texas’ primaries aren’t over yet: What to know about runoff elections

Texas held its primary elections on March 3, with Republican and Democratic voters selecting their parties’ nominees for scores of federal, state and local seats. Yet for some candidates, a major hurdle still remains before the November election.

The overview: Dozens of primary races are headed to May runoffs after no candidate picked up more than half of the vote, triggering an overtime round between the two highest-performing candidates.

The details:  Texas’ runoff election is set for May 26, the day after Memorial Day. Early voting runs from May 18-22, per the secretary of state.

State law requires primary candidates to receive more than 50% of the vote to advance to a general election, meaning a candidate must earn a majority of the vote—not just the highest number of votes—to win their primary outright. This rule means crowded races in Texas primaries and special elections frequently result in runoffs.

In those races, the top two vote-getters advance to a runoff.

Keep reading to learn about voting in the runoffs and who's on the ballot.

 

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Connor Pittman
Editor

Lexi Canivel
General Manager

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