A California homebuilder known for its tech-forward approach to construction is making a major investment in North Texas, lining up more than 1,000 home lots across the Dallas-Fort Worth metro.
San Francisco-based Homebound Technologies acquired or entered contracts for more than 1,065 residential lots in the region, representing about $731 million in planned development, the company told the Dallas Business Journal. The sites span several fast-growing suburbs, including projects planned in Dallas, Prosper, Celina and Mansfield.
The push marks a significant step up for the builder, which first entered the Dallas-Fort Worth market in 2022 with smaller infill developments. Now the company is focusing on suburban master-planned communities, where it expects the bulk of its growth to come, according to the publication.
Homebound’s first large-scale community will be The Villas at Lakeside Village in Flower Mound, part of the 160-acre Lakeside Village development along Lake Grapevine led by Realty Capital Management. The broader project includes an entertainment district, office space and hotels, with plans also advancing for a 21-acre expansion of the $2.2 billion mixed-use development.
Homebound plans to build 44 homes in the Flower Mound community, with homes ranging from roughly 2,700 square feet to 3,700 square feet, and starting at about $1.8 million, according to the outlet.
The company is pitching a tech-enabled homebuying process that allows buyers to customize homes online before construction begins. The villas will include high-end finishes, artificial turf yards and HOA-managed maintenance — a formula aimed at affluent buyers seeking lower-maintenance suburban living.
Homebound’s regional president, Charlie Coleman, told the outlet that the Dallas-Fort Worth market’s growth and economic base make it one of the most attractive housing markets in the country. The builder closed about 40 infill homes in the metro area last year and expects that number to rise by roughly 10 percent in 2026. But the bigger growth opportunity lies in the suburbs, where the company plans to break ground on three additional communities within the next 90 days.
Those projects — including developments in Prosper’s Park Place, Celina’s Mosaic and Mansfield’s Westhill Parks — will offer homes ranging from the upper $400,000s to more than $1 million.
Homebound was founded in 2018 after Northern California’s Tubbs Fire, initially focusing on rebuilding custom homes in fire-damaged communities. The company uses artificial intelligence and digital design tools to streamline homebuilding and reduce costs.
— Eric Weilbacher
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