The Brownwood Municipal Development Directors Board of Directors on Tuesday afternoon approved the sale of up to 26.369 acres of land to Trafalgar Homes for development of housing dependent upon a fair market price.
“The MDD owns some property south of town off FM 45 and we have a housing developer, Trafalgar Homes, interested in buying it for development,” said Ray Tipton, BMDD Executive Director. “They haven’t worked out their entire development yet, but they’ve asked us if we’d be interested in selling some property to them. That’s what the approval was today, subject to fair market appraisal, it’s contingent on that.”
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