Hines closes on 1,476-acre Brown Ranch near Fort Worth, report says

Hines has closed on the 1,476-acre Brown Ranch in Fort Worth’s extraterritorial jurisdiction, with plans for 3,800 single-family homes, CRE Daily reported on Oct. 6, 2026. The price was not disclosed, and we have not pulled the recorded deed. For west-side builders, a city briefing from October 2025 shows Fort Worth proposed that Hines build the arterial roads and bridge to Walsh Ranch.

Why it matters

Builders and lot buyers watching the west side now have a named developer for the land north of Old Weatherford Road, south of White Settlement Road and northeast of Walsh Ranch, per CRE Daily. Texas deeds carry no sale price, so the land basis stays private until a deed of trust surfaces.

The city record is the useful part. At the Oct. 14, 2025 council briefing, Fort Worth’s City Manager’s Office listed “Brown Ranch, Hines, 1,476 acres” as a proposed municipal utility district (MUD) in the extraterritorial jurisdiction. It said Hines would add the Parker County area to the city’s water and sewer service area. Hines would also build off-site Walsh Ranch Parkway and Old Weatherford Road arterial and bridge connections to Walsh Ranch. If those terms hold, road access arrives with the lots rather than after them. More regional coverage sits on our Dallas market page.

The numbers

• Site: 1,476 acres across Tarrant and Parker counties, per the city briefing.
• Plan: 3,800 single-family homes over about 12 years, on lots of 2,000 to 4,500 sq ft, per CRE Daily.
• Amenities: 70 acres of commercial land, 10 parks and three amenity centers, per CRE Daily.
• Pricing: CRE Daily quotes a Land Advisors broker putting average homes near $500,000. That is a broker estimate, not a record.
• Capital: Trez Capital is the capital partner, with Harvest Capital and TPG Credit financing, per CRE Daily.
• District terms: the city’s slides say district owners avoid city property tax for 20 to 30 years or more, and that the city wants a district tax or assessment rate well above its own to enable later annexation.

What’s next

The city slide listed the council vote on the Brown Ranch MUD consent and development agreement as “TBD” in October 2025. We have not found the approving council item or a TCEQ district record, so treat the terms above as proposed. Watch for the recorded deed and deed of trust in Tarrant and Parker counties, which would show the lender and loan amount. Also watch for the first plat filings, which will tell lot buyers when finished lots could deliver.