Desert Rose in Coppell, TX

The Sound of Cypress Waters, filed under the name Desert Rose, is a 6,650 sq ft renovation and alteration project located at 3001 Olympus Blvd. Suite 150, Coppell, TX 75019. The scope of work is specified as interior finish out. This privately funded project is situated on private land for private use in Dallas County. The estimated cost for the construction is $900,000, which calculates to $135 per square foot.

This project stands out in the local market because its estimated cost is above the county median for renovation and alteration filings in Dallas County. The median estimated cost for similar projects in the area is $248,661. The $135 per square foot cost is also above the county median of $72 per square foot. The scheduled build window for this project is 212 days, which is longer than the county median of 92 days for similar construction types. These figures indicate a larger and more complex renovation than the typical filing in the region.

Ownership and Design

Cwr5, LP is the owner and developer of record for this development. The design firm of record is Coeval Studio, which has six other TDLR-registered projects totaling $3,499,000. These other projects are located in Richmond, Frisco, The Colony, Fairview, and Dallas. James J Heilman is the registered accessibility specialist for this specific project. The project was registered with TDLR in August 2026, and the current status is Project Registered.

Construction start is scheduled for November 2026, and completion is targeted for June 2027. The surrounding area, ZIP code 75019, has a population of about 44,707 and a median household income of $134,174, according to U.S. Census ACS 2023 five-year estimates. The median owner-occupied home value in this ZIP code is $525,700. The Dallas County unemployment rate was 3.3 percent in July 2026, which is higher than a year earlier. This economic context frames the labor market available for the project's construction phase.