Normandy Residential Services is currently participating in the purchase and development of 138 acres of undeveloped land, converting it to 575 single family residential lots over a five-year investment period.  The land is located in Crosby, TX (NE suburb of Houston) on the east side of Lake Houston, south of Indian Shores Road and west of Flying Dove Trail.  This development is adjacent to the existing Indian Shores residential community, established in the 1980s, and will serve as an extension to that community.  The Original Indian Shores community contains single-family homes with a median home price of $365,000, and median price per square of $165. This neighborhood is considered a desirable residential community due to the proximity to Lake Houston, strong school district, golf courses and good access to major highways and thoroughfares connecting the neighborhood to the Greater Houston area. This property is closed to new investors.