Another New Townhome Community Is Coming to Addison

By
Real Estate Agent with United Real Estate TX #0552717

Once upon a time, there used to be an unsightly Super 8 Motel on Beltway Drive in Addison, Texas just west of Midway Road. The motel burned down several years ago and eventually what remained of the motel was bulldozed. The lot was listed for sale, but sat vacant.

Over a year ago, Cobalt Homes began discussions with the owner of the property about purchasing the lot. In February, these developers of small, infill communities reached out to the nearby home owners to get some input. As if in a fairy tale, they actually listened to the residents and made changes to their plans based upon those suggestions. The Planning and Zoning Committee approved the updated zoning change plans, and last month the town council did, too.

Welcome to Addison, Cobalt Homes!

Townhomes Approved at Former Super 8 Motel Site
Addison Reserve Town Homes

The new community, to be called Addison Reserve Town Homes, will have 31 three-story, rear-entry, fee-simple units, all with 2-car garages and at least 1,400 square feet. Cobalt agreed to dedicate a public right of way on the east side for a new public street and there will be a public trail at the the west edge. 

They anticipate a 4th Q 2022 start for construction, depending on timelines for platting and permitting reviews. The expected price range will be over $500,000.

Posted by

Lorrie Semler, REALTOR
United Real Estate Dallas

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Comments (2)

Wayne Martin
Wayne M Martin - Chicago, IL
Real Estate Broker - Retired

Good morning Lorrie. Sounds like Cobalt did their homework and as a result should get a good reception. Enjoy your day.

Apr 05, 2022 05:38 AM
Joan Cox
House to Home, Inc. - Denver Real Estate - 720-231-6373 - Denver, CO
Denver Real Estate - Selling One Home at a Time

Lorrie, great to hear brand new townhomes coming to the market and sure the inventory will be nice.

Apr 05, 2022 07:24 AM