Dominium Apartments, an affordable housing developer based in Plymouth, Minnesota, has announced plans for a new built-to-rent community in Terrell, a suburb east of Dallas. According to a filing with the Texas Department of Licensing and Regulation, construction on the $70 million project at 1010 Rose Hill Road is set to begin this year and is expected to be completed by May 2028.
The development will cover 66 acres and feature 350 units within 480,000 square feet. The units will include both single-level buildings and two-story duplexes. Amenities planned for the community include a clubhouse, pool, playgrounds, and a school bus shelter. These details are based on preliminary filings and may change as the project progresses.
This new community will be located near Woodlands Terrell, which was developed by Altura Homes in 2023 as the city’s first single-family built-to-rent project. While Altura Homes marketed its project as “luxury living in the country,” Dominium continues its focus on affordable housing. Dominium entered the built-to-rent market recently, starting construction on its first single-family rental-home community in Phoenix in May 2025.
North Texas remains one of the top regions for built-to-rent developments nationally. As of early 2025, Texas led the country with approximately 22,000 built-to-rent units under development across major cities known as the Texas Triangle. Between June and September 2025, Dallas ranked second nationwide for built-to-rent construction activity—behind only Phoenix—with Fort Worth also ranking among the top four markets.
Most of these developments have expanded outside Dallas’ urban center into suburbs like Fort Worth and McKinney.
Terrell is situated about 40 miles east of Dallas along Interstate 20 in Kaufman County—a county that recorded the second-fastest population growth nationwide from 2023 to 2024 according to Census Bureau data.
Rapid population growth has increased demand for housing but also raised concerns among residents about congestion, higher home prices, and pressure on local schools. Last year, such concerns delayed approval for Terra Nova—a proposed 2,000-acre development from Main Square—until developers adjusted their plans to address public feedback.
Despite an increase in available homes due to ongoing construction projects in Terrell and surrounding areas, both newly built home prices and median sale prices fell by five percent year-over-year last summer in Kaufman County.
