Murdeaux Villas


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In June 2003, SDC commenced construction the Sphinx at Murdeaux Villas, a 240-unit apartment rental community located on an 18-acre tract at the southwest corner of Loop 12 and Murdeaux Lane, in a wooded setting within the Pleasant Grove community of Dallas, Texas. This $22 million development was financed utilizing $15 million in Private Activity Bonds, TDHCA as issuer; and $5.10 million in equity through syndication of tax credits from Lend Lease Corporation. The units comprise of 64 two-bedrooms, 128 three-bedrooms and 48 four-bedrooms, each unit type with two baths, appliances, high-speed Internet connections, washer and dryer connection. The project is an affordable housing community targeting low to moderate-income families with construction completion estimated by September 2004.


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MURDEAUX VILLAS
125 S. Murdeaux Lane
Dallas, Texas 75217
214-398-4110
Fax: 214-398-6855
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Sphinx Development Corporation ©2009