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One-Month Owner Flipping 19-Acre Site

FLOWER MOUND, TX-A Dallas developer says the offer simply out-trumped his plan for nine pad sites so he's agreed to a pass in three weeks.

By Connie Gore | Updated on October 04, 2006

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FLOWER MOUND, TX-A Dallas developer is flipping the deed to 19 acres that he bought last month for a plan to divvy it into retail and office pad sites. The pass will be made in three weeks.

“At the time I bought it, I had no plans to sell it in bulk like this,” Roger Gault, president of the Gault Co. in Dallas, tells GlobeSt.com. “The offer I got was just so attractive that it trumped my plans to develop it.” The land is close to the FM 2499 and 407 junction.

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