IHP Capital Partners has entered into an agreement to acquire 1,458 acres in Brazoria County, Texas, for the development of Peachtree, a new large-scale master-planned residential community located near the cities of Alvin and Liverpool.
The first transaction of the multiphase transaction has closed and encompasses 206 acres, the development of 535 single-family finished lots, a community recreation area featuring a lazy river pool, and a large outdoor shade pavilion. The full transaction is structured across multiple phases, with closings scheduled approximately every 18 months.
At build out, IHP and development partner, Texas-based Scarborough Lane Development, will deliver approximately 3,400 finished residential lots. Peachtree is planned to feature integrated amenities including retail use, land allocated for the potential use of two future elementary schools, and abundant parks, open space, and tree preservation areas.
“Peachtree represents the next generation of residential living in Greater Houston,” says Chris Bley, co-president of IHP Capital Partners. “As demand for quality housing accelerates, this dynamic community will offer homeowners long-term value and a vibrant lifestyle through a blend of attainably priced homes, top-tier schools, expansive open spaces, and modern amenities, all in a highly accessible location. We are proud to again partner with Scarborough Lane, whose local expertise is instrumental in bringing this vision to life.”
Designed to meet the needs of first- and second-time homebuyers seeking attainable, lifestyle-oriented housing, the lots will primarily feature 40-, 50-, and 60-foot widths. With site work underway, the initial 535 lots are expected to be delivered in Q2 2027.
“Peachtree is a high-impact residential development ideally located in the South Houston metro area. The Highway 288 corridor has experienced significant growth in residential demand over the past decade, driven by ongoing transportation infrastructure improvements,” says Jeff Enes, partner at IHP Capital Partners. “The project is gaining significant traction with numerous builders already expressing interest for Phase I. We’re focused on delivering a scalable, well-designed community that aligns with market needs and supports long-term growth for our builder partners and the region.”
Scarborough Lane Development, which sourced the transaction, is managing horizontal development and brings extensive experience in Texas land planning, entitlements, infrastructure delivery, and the use of Municipal Utility Districts to support large-scale residential development.
“We’re pleased to extend our partnership with IHP Capital Partners on this landmark residential development,” says Ryan Burkhart, managing partner at Scarborough Lane. “Peachtree is a unique opportunity to deliver a large-scale, thoughtfully planned community that responds directly to the region’s growing need for attainably priced housing. Backed by its strategic location, strong builder demand, and long-term development potential, Peachtree is positioned to become a defining new community for families across the greater Houston region.”
Aligned with IHP’s investment strategy to target opportunities in high-growth, supply-constrained markets across the Western and Southwestern U.S., Peachtree bolsters the firm’s existing Texas portfolio. IHP’s active residential projects include Kresston, a 1,400-acre community in Magnolia co-developed with Johnson Development Corp., and Sunfield, a 2,795-acre, award-winning master plan in Buda developed with Scarborough Lane.
IHP’s build-for-rent platform, TerraLane Communities, is also partnering with Scarborough Lane to develop TerraLane at Campo del Sol, a new rental community featuring 300 modern two-story homes within the 2,300-acre Campo Del Sol master plan in North El Paso.
