Elevon, the master-planned neighborhood rising on the eastern edge of Lavon, has officially hit a big-time benchmark: roughly 1,500 occupied homes are now inside the development as builders keep opening new sections. The project strings together resort-style amenities, long stretches of trails and new subdivisions along State Highway 78 northeast of Dallas, giving locals a front-row seat to just how fast the town’s outskirts are being reshaped by large-scale suburban growth.
As reported by the Dallas Business Journal, Elevon is planned as roughly a $3 billion neighborhood and is projected to include about 5,500 homes at full buildout. The outlet notes the buildout could take about 15 years and pegs the roughly 1,500 occupied homes figure as the latest construction and sales milestone.
MA Partners, the Dallas-area developer behind Elevon, pitches the site as a 1,200-plus–acre community with a mix of single-family and multifamily housing, and lists national builders such as D.R. Horton, K. Hovnanian and UnionMain among its partners, according to the developer’s project page. Earlier coverage of the land purchase and initial plans laid out multibillion-dollar ambitions for thousands of homes and commercial tracts along Highway 78, as chronicled by The Dallas Morning News.
Builders, Amenities and Where to Buy
Several national builders already have model homes and sales centers operating inside Elevon, and listings highlight community perks such as pools, fishing ponds, dog parks and miles of trails. Active inventory and on-site sales offices throughout the neighborhood show up on Realtor.com and on local builder pages, for anyone trying to figure out which cul-de-sac to land on.
What the Growth Means for Lavon
City records reflect just how quickly Lavon itself is filling in. A Preliminary Limited Offering Memorandum prepared for the city estimates the population in early 2024 at about 8,055, according to City of Lavon materials. The city’s comprehensive plan and subdivision plats also point to thousands of single-family lots already in various stages of development, a pipeline that keeps schools, utilities and roads near the top of local planning priorities.
Sales Momentum and Outlook
Industry trackers have taken note of Elevon’s clip. The community landed on RCLCO’s list of top-selling master-planned communities, a sign of steady absorption so far. RCLCO data indicate the project will continue rolling out in phases over the next decade and then some, with future amenity openings and any formal school-site decisions shaping the next big headlines out of the neighborhood…