A tiny home village in northern Texas offers renters the opportunity to bring their own homes to a plot of land for just $700 a month.
The monthly plot rent at the Lake Dallas Tiny Home Village includes utilities like water and sewage, as well as shared amenities such as a laundry room, garden and fire pit.
The Village currently features 13 rentable lots for people to park their tiny homes – non-mortgaged houses or cabins under 600sq feet.
The living community was created after real estate developer Terry Lantrip bought a farmhouse on the Village’s acre of land in Lake Dallas in 2002 as an investment.
Lantrip told Insider that he felt stuck about what to do with the land because he had agreed with the previous owners to not take down the house and its trees.
The Lake Dallas Tiny Home Village in Texas offers spots for tiny homes for $700 a month
The monthly payment includes utilities like water and sewage, as well as shared amenities such as a fire pit (pictured)
The living community also features a laundry room at no additional cost
The living community was created after real estate developer Terry Lantrip bought a farmhouse on the Village’s acre of land in Lake Dallas as an investment
That was until he went to Dallas’ annual Earth Day expo in 2016 and learned about tiny homes, which would allow him to utilize the land without tearing down the farmhouse.
The city of Lake Dallas did not approve his proposal at first, but eventually allowed it to go on after various hearings and an infrastructure plan.
After installing new water, sewer and drainage lines, and building other amenities, Lantrip opened the Village up to renters in 2018.
The tiny homes in the Village rage in price from $50,000 to $125,000 and must be measure 8.5 feet wide, up to 40 feet long, and about 13.5 feet tall.
Moreover, a maximum of two adults and two children are allowed in each Tiny House. An additional fee would apply for each additional resident.
The living community’s rules say that cigarettes, cigars, pipes and electronic cigarettes are not allowed. All drugs are also banned except medically prescribed marijuana – and ‘only with the approval of the Community Management.’
Twelve of the 13 plots in the Village are currently occupied, with a new tenant expected to arrive soon.
The tiny homes in the Village rage in price from $50,000 to $125,000 and must be measure 8.5 feet wide, up to 40 feet long, and about 13.5 feet tall
The Village’s residents have created a tight community that includes writers, teachers and healthcare workers. One of the tiny home’s kitchens is pictured above
A maximum of two adults and two children are allowed in each Tiny House (one is pictured above)
Twelve of the 13 plots in the Village are currently occupied, with a new tenant expected to arrive soon. One of the tiny home’s restrooms is pictured
The Village’s residents have created a tight community that includes writers, teachers and healthcare workers, according to Lantrip, who said his tenants share flowers and vegetables from their communal garden.
Those who want to try the Village have to get on a wait list, which is currently nearly a dozen names long.
Tiny homes have become a popular living alternative for many over the last years.
‘We have people here that feel that a regular home is almost unaffordable at this point,” Lantrip told Insider. ‘I want people to have homeownership. These tiny homes are their homes and they have real value.’
The homes measure about 400 sq ft or less and are often built on wheels so they can be towed from one location to another. Their mobile status means owners can evade some planning laws, as their homes are viewed in the same category as caravans.
As mortgage rates and rents sky-rocket, Americans are increasingly turning to creative ways to get on the property ladder.
On TikTok, the so-called ‘tiny home’ movement has exploded in popularity with hundreds of users purporting the values of their mortgage-free lifestyles.
