Bridge Tower Kicks Off Another BTR Development in Suburban Dallas
It's the company's second move in the Metroplex in under a week.
Residential and mixed-use developer Bridge Tower has started work on Teasley Crossing, a 100-home build-to-rent community taking shape in Denton, Texas, a northern suburb of the Dallas-Fort Worth metroplex. The first residences are slated for occupancy as early as September of this year.
The property, located at 3501 Curve Ave., will include three- and four-bedroom duplex-style houses averaging 1,675 square feet. Each residence features an open-concept floor plan, stainless steel appliances, smart home technology, a two-car garage and a private fenced backyard.
Much of Denton’s recent housing development has been concentrated in central and northern areas, leaving southern Denton and Corinth relatively underserved, Bridge Tower Managing Partner Jackson Su noted in a statement. Teasley Crossing is designed to meet growing demand for homes that offer more space but also leasing flexibility, he said.
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The project comes a week after the company’s acquisition of part of a 14-acre site to build The Enclave at Fate Village, a 179-home BTR townhouse community in Fate, Texas, a far northeastern suburb of Dallas. The project is expected to come online in the first quarter of 2027.
SFR market softens
The U.S. single-family rental market ended 2025 notably softer, according to Cotality, which reported that 35 of the 50 largest metros posted slower annual rent growth in December 2025 than in December 2024, thus giving renters some leverage. Some 18 markets recorded annual declines, including eight in Florida, three in Texas and two in Arizona.
In the metroplex, build-to-rent properties outperformed multifamily as a whole, though rents dropped, according to Yardi Matrix data. For BTR properties in the metroplex, rents were down a slight 0.1 percent year-over-year at the end of 2025, compared to a drop of 0.4 percent for local multifamily. BTR occupancy rose 1.2 percentage points over the year to 94 percent, compared with Dallas’ multifamily occupancy rate inching up 10 basis points year-over-year to 93.1 percent in August.
The Dallas-Fort Worth’s multifamily market, including single-family rentals, has been supported by consistent population growth in the area, according to Yardi Matrix. During the 10 years ending in 2022, DFW’s population swelled by 16.7 percent, well above the 6.3 percent national rate for the same period.
