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 Tucker Hill in Mckinney, TX View next topic
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Nelson
Dyn-o-mite!


Joined: 07 Nov 2008
Posts: 351
Location: Texas

Re: Tucker Hill in Mckinney, TX
PostPosted: Thu Dec 31, 2009 1:57 am Reply with quoteBack to top

Went through Tucker Hill recently. Did not seem to be much activity. Any update on sales or builder programs?
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mikestrong
Cherry Bomb


Joined: 07 Oct 2008
Posts: 118

Re: Tucker Hill in Mckinney, TX
PostPosted: Sun Jan 03, 2010 6:51 pm Reply with quoteBack to top

I rode by there yesterday. Looks the same as when I looked it at it almost a year ago. I feel bad for homeowners. They will be stuck there for a long time. I dont know what made the developer think that this concept would work here in Texas.
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jamf92
Flash in the pan


Joined: 06 Jan 2009
Posts: 44

Re: Tucker Hill in Mckinney, TX
PostPosted: Wed Jan 20, 2010 10:26 pm Reply with quoteBack to top

MikeStrong, not sure what you mean by "this concept" that would not work in Texas. Can you explain more on what concept it is that you feel they were trying to do that would not work in TX?
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northcity
Dud?


Joined: 14 Jun 2009
Posts: 10

Re: Tucker Hill in Mckinney, TX
PostPosted: Thu Jan 28, 2010 5:59 pm Reply with quoteBack to top

Thanks for the concern, Mike, but it's all good. BTW, we love the concept(front porches and smaller/low maintenance yards) and it will work.
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Nelson
Dyn-o-mite!


Joined: 07 Nov 2008
Posts: 351
Location: Texas

Re: Tucker Hill in Mckinney, TX
PostPosted: Fri Jan 29, 2010 1:16 am Reply with quoteBack to top

It is a beautiful community from an aesthetic perspective.
Most of us are not criticizing the concept, but do want to understand if it is successful from a business perspective and would make sense to replicate.
You obvously live in or are familiar with the community so you can help us.
How many houses are under construction?
Is Southern land proceeding with any more similar neighborhoods in the DFW area?
Are prices going up or down?
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TX Homebuilder
Dyn-o-mite!


Joined: 09 Feb 2009
Posts: 276
Location: Houston Metro

Niche Markets
PostPosted: Fri Jan 29, 2010 3:02 pm Reply with quoteBack to top

It is not unusual to see a well timed niche market product succeed. When it does, there are always copy cats that don't capture the same market and they eventually fail.

Front porches were re-invented in Houston in the '80s. They do well in pocket markets when mixed with more standard architecture. They have not faired well as the staple of the community or in master planned communities.
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PetraJ
Dud?


Joined: 05 May 2009
Posts: 3

Re: Tucker Hill in Mckinney, TX
PostPosted: Wed May 26, 2010 3:31 pm Reply with quoteBack to top

Here's the latest on Tucker Hill:

In March of 2010, Southern Land Company purchased Tucker Hill from the bank. The community is entirely debt-free, which is a pretty strong statement for the current economic conditions and shows that the developer is in it for the long haul.

There are currently two new contracted homes under construction, with two more build jobs coming out of the ground soon. There are only four inventory homes available for purchase, everything else has been sold.

Two new models and two new specs will be starting in about two weeks.

The initial excavation work is complete for the resort pool, and the actual pool construction will start the first week of June. Residents will receive pool passes for a health club facility so that they can swim this summer.

As for the concept of the community, unfortunately it was the timing of the launch that affected things more than anything. The fact that Tucker Hill is still here, is debt-free and continues to sell homes speaks to the success of the neighborhood. How many of the more typical 'production' communities have survived the past few years? It might take a little longer than initially anticipated, but years from now Tucker Hill will be known as one of those great old neighborhoods that it was envisioned by the developer to become.
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mikestrong
Cherry Bomb


Joined: 07 Oct 2008
Posts: 118

Re: Tucker Hill in Mckinney, TX
PostPosted: Wed May 26, 2010 6:02 pm Reply with quoteBack to top

PetraJ wrote:
Here's the latest on Tucker Hill:

How many of the more typical 'production' communities have survived the past few years?
It might take a little longer than initially anticipated, but years from now Tucker Hill will be known as one of those great old neighborhoods that it was envisioned by the developer to become.


A lot of them.
Oh yeah, it will take alot longer then anticipated. Maybe a good 5 years or more at the rate they are going. Enjoy.
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Boston Mike
Dud?


Joined: 27 May 2011
Posts: 2

Re: Tucker Hill in Mckinney, TX
PostPosted: Fri May 27, 2011 7:17 pm Reply with quoteBack to top

So last post was a year ago. Looks like lots of activity up there in the last six months (with more to come this summer courtesy of this poster). Interested to hear what folks are saying now about it.

Rolling Eyes
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mikestrong
Cherry Bomb


Joined: 07 Oct 2008
Posts: 118

Re: Tucker Hill in Mckinney, TX
PostPosted: Sat May 28, 2011 4:40 pm Reply with quoteBack to top

Boston Mike wrote:
So last post was a year ago. Looks like lots of activity up there in the last six months (with more to come this summer courtesy of this poster). Interested to hear what folks are saying now about it.

Rolling Eyes

I pass by their everyday on my way to work and back. Doesn't look like a lot of new homes up in the last year. Unless you consider 10 homes in an entire year to be a lot. Rolling Eyes
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