SHERMAN, Texas–(BUSINESS WIRE)–Covenant Development, in partnership with Rockhill Capital & Investments, today announced plans to build more than 750 single-family homes within Heritage Ranch, a 440-acre mixed-use planned community in Sherman, Texas. The project will include homes from Highland Homes and K. Hovnanian Homes, and will include a variety of lot styles and sizes, as well as parks and trails for resident enjoyment. Construction of new homes begins in early 2023, and homes are expected to be available from late 2023 to early 2024.

Conveniently located less than a mile west of U.S. Highway 75 at the intersection of FM 1417 and U.S. Highway 82, Heritage Ranch will feature a mix of commercial, retail, home and office spaces. and office space as well as a proposed entertainment district with unique amenities, creating a viable live-work-play neighborhood for future residents.

“We are delighted to partner with Rockhill’s team of veterans to oversee this residential section of the master plan,” said Ryan Johnson, President of Covenant Development. “Heritage Ranch will establish a new bar for Sherman and provide a truly unique community for future residents.

The residential area covers approximately 171 acres and will be built in four phases with lots ranging from 40′ x 120′, 50′ x 120′ and 60′ x 120′. As part of the plan, developers will showcase the natural resources of the land and open spaces, for the enjoyment of residents. Footpaths and walkways as well as improved pavement designs are also offered.

“Covenant has worked hard to craft an overall vision for Heritage Ranch, and we are thrilled to be a part of it,” said Ryan Griffin, Managing Partner at Rockhill Capital & Investments. “Construction is underway and we can’t wait to see this residential project come to life.

To stay informed about Heritage Ranch, please visit

About the development of the alliance:

Covenant Development has planned, developed, and redeveloped over $500 million in retail, entertainment, medical, multi-family, and single-family residential communities throughout Texas. Based in Sherman, Texas, the company works in tandem with city and town leaders and economic development teams where they grow to identify and forecast community needs. To learn more, visit

About Rockhill Capital & Investments:

Rockhill Capital & Investments is a respected commercial and residential turnkey developer in North Texas, offering deep expertise in land development and construction management. Over the past decade, the company has contributed to the tremendous growth and development of the North Texas region and has built a reputation for the careful planning, thought and attention required to successfully execute construction projects. land development and construction and help build successful projects. communities. For more information, visit