Dallas Land Buy Tops 2,500 Acres, $5.1B Build Plan
Dallas Land Buy: What Happened at South Creek Ranch Although the acquisition terms were not disclosed, Cawley Partners and an investment group acquired South Creek Ranch in 2025, securing a 5,200-acre tract in Ferris, Texas. The sale included all owned minerals conveyed with the property. Icon Global brokered the deal, underscoring its broker role after a bid window from May 15 to June 28. The deal comes as builders nationally continue chasing prime residential land amid strong demand for well-located housing sites. Sale mechanics and history The ranch was assembled and stewarded for more than 50 years, forming a family legacy tied to W. Ray Wallace, the Trinity Industries CEO who died in 2016. Tours were offered to pre-qualified parties before bids were due June 28. Property status at closing The tract sits in the Ferris ETJ, straddling Dallas and Ellis counties, with I-45 frontage at Malloy Bridge Road. It transferred as a three-part holding: ranch, Tall Oaks homestead, and Woodsto...