Younger Partners Brokers 17-Acre Land Sale in Far North Collin County Town of Anna

ANNA, Texas (Oct. 29, 2024)— Younger Partners Senior Vice President Michael Ytem and Vice President Tyler Hemenway brokered the sale of more than 17 acres of family land in Anna, TX to Ascent Land Ventures LLC, represented by Brandon Kendall and Tom Dosch from Dosch Marshall Real Estate (DMRE) for future development.

Ytem and Hemenway represented the seller, the heirs of the Copeland/Cottrell/Adams family in the transaction. DMRE Associate Brendon Kendall and Principal Tom Dosch negotiated on behalf of the buyer.

Located about 45 miles north of Dallas, the 17.26-acre parcel (at 9391 County Road 423) is intersected by County Road 422, west of Anna’s Town Square. The land is just minutes away from the under-construction Collin County Outer Loop, which will link the area with the Dallas North Tollway and State Highways 5, 121 and 78.

“Anna is a hot market. Since 2015, the city’s growth has skyrocketed by 1,915% with nearly 6,000 new rooftops added. Its location halfway between Dallas and Sherman is on a growth path coming from Plano and McKinney along U.S. 75,” Hemenway said. “Ranked as North Texas’ ninth fastest-growing city, the town’s appeal is its residential, commercial and industrial real estate development potential.”

Anna’s commercial presence continues to expand, highlighted by the upcoming construction of Home Depot and numerous chain restaurants along the Highway 75 corridor, he added.

“The town’s well-planned infrastructure supports this rapid growth with several key projects in the pipeline, catalyzed by significant additions such as Walmart and expanded city infrastructure extending west of U.S. 75,” he added. “These developments underscore Anna’s evolution from a gas station stop on the way to Lake Texoma to a vibrant community poised for substantial economic and residential expansion.”

“Closing on this property in one of the fastest-growing suburbs of Dallas-Fort Worth is a big win,” Kendall added, noting that the site will be held for future development.

“Despite tight market conditions, deals are still getting done and to the closing table,” Ytem said. “This deal, which is part of a larger assemblage of land that DMRE is developing there, resulted from a relationship with a classmate in The Real Estate Council’s Associate Leadership Council. It demonstrates the power of cultivating connections and operating with integrity and trust.”

Ytem and Hemenway also have 10.3 acres on the market for sale at a future hard corner of 923 E. FM 455 in Anna. Located in the ETJ (extraterritorial jurisdiction) of Anna, the land is designated as a Transitional Development area in Anna’s newly authored Downtown Master Plan. This parcel is also adjacent to the proposed 970-acre Sherley Farms single-family residential community set to include 3,000 homes with 125 acres of open space featuring a central green, pocket parks, along with hike and bike trails. Prosper-based developer Tellus Group – the developer of North Texas large-scale communities from Windsong Ranch in Aubrey to Mosaic in Celina – is the mastermind of Sherley Farms.