Dominium Apartments, an affordable housing developer based in Plymouth, Minnesota, has announced plans for a new built-to-rent community in Terrell, Texas. The project will be located at 1010 Rose Hill Road and is expected to cost $70 million. According to a filing with the Texas Department of Licensing and Regulation, construction is set to begin this year and finish by May 2028.
The development will span 66 acres and feature 350 units within 480,000 square feet. The homes will be a combination of single-level buildings and two-story duplexes. Amenities planned for the community include a clubhouse, swimming pool, playgrounds, and a school bus shelter. The details provided are preliminary and may change as the project progresses.
This new community will be situated near Woodlands Terrell, which was developed by Altura Homes in 2023 as the city’s first single-family built-to-rent project. While Dominium specializes in affordable housing, Altura described its own development as “luxury living in the country.” Dominium recently entered the built-to-rent sector with its first single-family rental-home community breaking ground in Phoenix in May 2025.
North Texas remains one of the top regions nationally for built-to-rent projects. As of early 2025, Texas led the country with about 22,000 built-to-rent units under development across major metropolitan areas known as the Texas Triangle. Between June and September 2025, Dallas ranked second nationwide for built-to-rent construction activity behind Phoenix; Fort Worth followed closely behind Atlanta in fourth place. Together, Dallas and Fort Worth had more than 9,000 units under construction during that period.
Most built-to-rent developments have been established outside Dallas’ urban core, with cities like Fort Worth and McKinney leading these efforts within the Metroplex.
Terrell is located roughly 40 miles east of Dallas along Interstate 20 in Kaufman County. The county experienced significant growth from 2023 to 2024, recording the nation’s second-fastest population increase according to Census Bureau data.
While rising demand has driven increased housing development in Terrell, some residents have expressed concerns over congestion, higher home prices, and pressure on local schools. Last year, community feedback delayed approval for Terra Nova—a proposed 2,000-acre project by Main Square—until adjustments were made to address these issues.
Despite an increase in available homes last summer in Kaufman County, both newly constructed home prices and median sales prices dropped by five percent compared to the previous year.
