3 communities totaling 1,000-plus acres planned in Waller County

 

By Florian Martin, Houston Business Journal

Developers continue to acquire land in the rural area between Interstate 10 and U.S. Highway 290 in Waller County for residential communities.

Over the past two years, Houston-based real estate investment firm Gamal Enterprises Inc. has purchased three land tracts totaling 1,042 acres around the intersection of FM 529 and FM 362 from different sellers, according to Kareem Gamal, the company’s founder and president.

Both tracts will be developed into residential subdivisions with an estimated total of 1,000 to 1,200 homes, Gamal said. Both are currently in the planning phase and in the process of obtaining the necessary permits, he said.

A spokesperson for LGI Homes did not respond to a request for information.

Gamal Enterprises kept 628 acres on the intersection of FM 529 and FM 362 and plans to build a residential community with a commercial component along the thoroughfares.

The community could have between 1,300 and 1,600 single-family homes on different lot sizes, Gamal said.

The development is still in the planning and design phase, he said. The homes may be built by Gamal Enterprises or possibly by other homebuilders. Gamal declined to name the architecture firm the company is working with.

He could not provide an expected groundbreaking date but said he hoped to start “sooner rather than later.”

Waller County is seeing increased interest from developers. In 2020, the mostly rural county had a population of 56,794, according to the U.S. Census Bureau.

That number could well double over the next decade or so. Not counting the tracts acquired and sold by Gamal, developers are planning more than 18,600 lots across 17 different future communities in Waller County, according to real estate data firm Zonda.

Of those, four communities with a total of more than 3,400 lots are planned for the Royal Independent School District area, to which Gamal’s tracts are also zoned.

LGI Homes has another community nearby, the 840-home Freeman Ranch on FM 529 and FM 2855, and Land Tejas’ master-planned community Sunterra is also within Royal ISD. Superintendent Rick Kershner told the Houston Business Journal in February that district leaders are in “daily discussions” about expanding to meet the needs of the growing student population.

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