In November 2025, Flower Mound's Town Council sat through a four-hour meeting on Eden Ranch. Several speakers said they were moving to Flower Mound just to live there. Council approved the rezoning by a 4–1 vote. Eden Ranch's website later showed 20 lots as sold, priced up to $1.43 million. The North Texas Sun reported that it could not establish whether any money had changed hands, and that county appraisal records still showed all the land owned by companies tied to the developer or to its lender.
Eleven months later, nobody is building Eden Ranch. The same land now carries a different proposal with a school at its center and roughly half as many homes. For a buyer weighing west Flower Mound, this one tract shows how large-lot supply there works. District standards shape the proposals, and financing affects whether lots reach buyers. Each attempt on this land has come back smaller.
One Tract, Three Plans
The land is about 300 acres north of Cross Timbers Road, between Shiloh Road and Red Rock Lane, along FM 1171. Here is how each proposal has fared, as the North Texas Sun laid it out on September 30, 2026.
| Year | Proposal | Homes | Lot sizes | What happened |
|---|---|---|---|---|
| 2022 | Application under the longtime owner | 218 | Not specified | Environmental conservation commission recommended denial of the open space plan and tree removal permit; rezoning tabled indefinitely at Planning and Zoning |
| 2025 | Eden Ranch | 158 residential, plus 9 agricultural lots | Three-quarter acre and one acre | Approved by Council in November 2025; lender foreclosed in February 2026 |
| 2026 | Knights Landing, with Coram Deo Academy | 86 | At least two acres | Submitted in September 2026; under town review, final Council vote still required |
The count went from 218 to 158 to 86. None of the three plans has put a house on the ground.
The District's Development Standards
The tract sits in the Cross Timbers Conservation Development District, which has stricter development standards than the rest of town. The town rewrote the district's rules in November 2022. Ordinance 53-22 replaced sections of the Master Plan and passed 4–1. Its companion, Ordinance 54-22, sets the standards a conservation subdivision has to meet:
- Maximum density of one home per two gross acres.
- At least 0.75 acre, or 32,670 square feet, of land per home.
- At least 25 percent of lots must be one acre or larger.
- Minimum lot width of 150 feet.
- A 200-foot scenic corridor buffer along scenic roadways.
- At least 45 percent of the gross project area kept as open space, with floodplain, native tree stands and other significant natural features counted first.
Eden Ranch proposed 158 residential lots, plus nine agricultural lots. Council approved the proposal with exceptions to some standards. According to Community Impact, Council capped lot coverage at 25 percent, required a specific-use permit for accessory dwelling units, and allowed 26 lots to be narrower than 150 feet, with one at 100 feet and 25 between 110 and 150 feet.
What the Approval Process Does Not Weigh
The North Texas Sun reported in February 2026 that the developer's companies had defaulted on loans from Knight Family Ventures and filed for Chapter 11 bankruptcy in early 2025. That was months before Council voted. Under a repayment timeline agreed in the bankruptcy, the developer had to get town zoning approval by January 31. Zoning came through on November 3. A $13.2 million payment due by December 31 was missed, according to the filing. Knight foreclosed and listed about 300 acres for $47.5 million.
The same report explains why none of this came up at the council meeting. A planning and zoning application asks only for a list of owners, lenders and lien holders. Town attorney Bryn Meredith has reminded council members that they can consider only the land, not the person asking to develop it. Deputy mayor pro tem Adam Schiestel said asking about a developer's finances could expose the town to a lawsuit.
In a district where each project is large, the developer carries a lot of debt before a single lot closes. When one project fails, a big share of the area's future lots disappears with it.
How the Land Got Split Up
After the foreclosure, the tract came apart. In July 2026, a 51-acre piece sold to 924 Management, LLC, and court documents described plans for a private Pre-K–12 campus. The Cross Timbers Gazette wrote that the sale put the future of the 335-acre residential project in question.
In September, Knight Family Ventures and Coram Deo Academy submitted a joint plan for nearly 300 acres. It places a campus of eight buildings totaling 135,000 square feet at the center, with lighted football, baseball, softball and tennis facilities, and access from Cross Timbers Road. The 86 homes would wrap around the campus on lots of at least two acres, with a gated entrance on Red Rock Lane and gated emergency access from Shiloh Road. The 9.35-acre park dedicated to the town would match what Eden Ranch had offered.
Knights Landing gives the center of the site to a school and spreads fewer homes across the remaining land.
Where This Sits Against the Citywide Numbers
Flower Mound's headline figures describe a different kind of home. In September 2026, the most recent month NTREIS has published, the town recorded 58 single-family sales. The median sale price was $638,000, the average was $755,028, and homes took 50 days to sell. In September 2025, the median was $650,000 and homes sold in 34 days. Sellers got 93.5 percent of list price in September 2026, compared with 95.8 percent a year earlier and 96.0 percent in August 2026. Active listings rose from 222 to 249 over the year, and inventory held at 3.2 months. For comparison, Southlake's sold-to-list ratio was 95.2 percent in September 2026 and Colleyville's was 93.5 percent. NTREIS notes that its figures leave out builder sales and other sales not entered in its system.
Those numbers show buyers across Flower Mound gaining room to negotiate this fall. They say very little about two-acre homesites in the Cross Timbers district. Eden Ranch's advertised lot prices alone ran past twice the town's median sale price for a finished home, even though no one could confirm those lot sales actually closed. A softer citywide market does not create more large lots on the west side. Financing difficulties kept Eden Ranch's approved lots off the market.
Before You Count on a West-Side Lot
If a new large-lot community in west Flower Mound is on your list, these checks matter more than the median:
- Zoning stage. Approved zoning on Eden Ranch still needed site-plan approval, and Community Impact reported no site-plan or construction schedule at the time. Find out which approvals a project actually has and which it is still waiting on.
- Who owns the land. Denton County Appraisal District records showed who held the Eden Ranch acreage even while lots were being advertised as sold.
- Whether a "sold" lot has closed. A lot marked sold on a website map has not necessarily closed.
- What sits next door. On this tract, the land beside future homes went from orchards and grazing areas to a lighted athletic campus within a single year.
- Road timing. The town's project tracker lists the FM 1171 widening west of town as not fully funded. It gives a June 2027 target for letting the construction contract, while TxDOT's own tracker estimates August 2044.
This post is general information about public rules and local development, not legal, tax or financial advice. Confirm your own situation with an attorney, lender or other qualified professional before you sign anything.
Questions We Hear About This Tract
Is Knights Landing approved? Not yet. The proposal was under town staff review as of late September 2026 and still needs final approval from Town Council.
Does the school own the land? According to the North Texas Sun, not currently. 924 Management, LLC bought the 51 acres intending to give them to the school, based on people familiar with those conversations.
Why does the tract keep getting the Knights Landing name? Knight family developments in Bartonville, Denton and Arlington carry the same name. A different Knights Landing proposal a couple of miles south was withdrawn last year.
West Flower Mound's large-lot market depends on who holds the land, how far each project has gotten, and whether the lots can actually be delivered, and none of that shows up in the headline price. If you are considering a homesite or estate on the west side, Selling Southlake will walk through the zoning stage, ownership records and surrounding plans with you before you make an offer. Request a Concierge Consultation and we will start with the specific lots you are weighing.