In this episode of the Texas Land Guys Podcast, Tom Dosch sits down with Trey McGhin in the Dallas office to break down what's shaping up to be one of the strongest first quarters DMRE has ever had. With over 30 deals signed and nearly 200 offers made, the land market in Texas, especially in DFW, is heating up fast.
From multifamily making a strong return to industrial developers chasing million-square-foot sites to record pricing on infill single-family tracts, this episode offers a boots-on-the-ground look at real activity, developer sentiment, and where the market is heading.
They also discuss construction cost savings, shifting capital trends, and why 2025 might reward the developers and investors who move early in the new cycle.
If you’re in land brokerage, development, or considering your next move in Texas real estate, this is a can't-miss episode.
Key Takeaways
Why Q1 2025 is the strongest start ever for DMRE in DFW, with 30+ deals and 200+ offers
Multifamily is back: 17 signed deals and multiple closings into construction
Industrial developers chasing big again—including million square foot distribution centers
Why infill single-family sites are setting pricing records in top-tier suburbs
Construction costs are down, helping deals pencil mid-contract
Capital is back: Institutions like Carlyle are re-entering the Texas market
Developers are getting more aggressive as the supply pipeline thins out
Entitled land is disappearing; those who wait may miss this cycle
Submarkets like Frisco, McKinney, Melissa, and South Dallas are seeing renewed activity
Large master plan communities (1,000+ acres) are getting signed up fast
In this episode:
[00:00:00] Introduction: Tom and Trey kick off the episode from the Dallas office
[00:02:16] Q1 2025 deal flow: 30+ deals signed, 200+ offers, multifamily leads
[00:04:11] Construction loans returning capital stacks are finally closing
[00:08:18] Pricing jumps and buyer urgency picking up across asset types
[00:14:55] Industrial market rebounds big box demand and capital re-entry
[00:19:22] Comparing developer sentiment: multifamily vs. industrial
[00:23:27] Single-family update: record pricing and infill demand
[00:25:40] Master-planned communities: fast-moving large acreage deals
[00:30:53] Recent closings: Mill Creek, JPI, Freestone, and others
[00:34:33] Q2 outlook: bullish tone, rising urgency, and developer momentum
[00:38:12] Final thoughts: construction cost drops, entitled land scarcity, and DMRE’s active pipeline
Resources and Links
Texas Land Guys Podcast
Tom Dosch
Trey McGhin
