LGI Homes Opens Four New Communities in Dallas-Fort Worth Area
LGI Homes (NASDAQ: LGIH) has announced the grand opening of four new communities in the Dallas-Fort Worth area: Cresson Estates, Kingsborough, Retreat at Fossil Creek, and Southaven. These communities offer new construction homes starting in the high $200s, ranging from approximately 1,175 to 2,730 square feet with 3-5 bedrooms. Each community is strategically located, providing residents with a balance of tranquility and convenience.
The homes feature LGI Homes' CompleteHome™ or CompleteHome Plus™ packages, which include upgraded amenities such as energy-efficient Whirlpool® appliances, granite countertops, and Wi-Fi-enabled garage doors at no additional cost. Community amenities like clubhouses, pools, and playgrounds are also available. Move-in ready homes are now available for interested buyers.
LGI Homes (NASDAQ: LGIH) ha annunciato l'apertura ufficiale di quattro nuove comunità nell'area di Dallas-Fort Worth: Cresson Estates, Kingsborough, Retreat at Fossil Creek e Southaven. Queste comunità offrono abitazioni di nuova costruzione a partire da prezzi superiori ai 200.000 dollari, con metrature che vanno da circa 1.175 a 2.730 piedi quadrati e con 3-5 camere da letto. Ogni comunità è situata strategicamente, offrendo ai residenti un equilibrio tra tranquillità e comodità.
Le abitazioni presentano i pacchetti CompleteHome™ o CompleteHome Plus™ di LGI Homes, che includono comfort migliorati come elettrodomestici Whirlpool® a risparmio energetico, piani in granito e porte del garage abilitate al Wi-Fi senza costi aggiuntivi. Sono inoltre disponibili servizi comunitari come club, piscine e parchi gioco. Le abitazioni pronte per essere abitate sono ora disponibili per i compratori interessati.
LGI Homes (NASDAQ: LGIH) ha anunciado la gran apertura de cuatro nuevas comunidades en el área de Dallas-Fort Worth: Cresson Estates, Kingsborough, Retreat at Fossil Creek y Southaven. Estas comunidades ofrecen casas de nueva construcción a partir de los altos $200,000, con tamaños que oscilan entre aproximadamente 1,175 y 2,730 pies cuadrados y con 3-5 dormitorios. Cada comunidad está estratégicamente ubicada, brindando a los residentes un equilibrio entre tranquilidad y conveniencia.
Las casas cuentan con los paquetes CompleteHome™ o CompleteHome Plus™ de LGI Homes, que incluyen comodidades mejoradas como electrodomésticos Whirlpool® eficientes en energía, encimeras de granito y puertas de garage habilitadas para Wi-Fi sin costo adicional. También están disponibles comodidades comunitarias como casas club, piscinas y parques infantiles. Las casas listas para ser ocupadas ya están disponibles para compradores interesados.
LGI Homes (NASDAQ: LGIH)는 댈러스-포트워스 지역에 새로 네 개의 커뮤니티인 Cresson Estates, Kingsborough, Retreat at Fossil Creek, Southaven의 그랜드 오프닝을 발표했습니다. 이 커뮤니티는 고급 $200,000대에서 시작하는 새로운 주택을 제공하며, 크기는 약 1,175제곱피트에서 2,730제곱피트까지 다양하고 3-5개의 침실이 있습니다. 각 커뮤니티는 전략적으로 위치해 있어 주민들에게 평온함과 편리함의 균형을 제공합니다.
주택은 LGI Homes의 CompleteHome™ 또는 CompleteHome Plus™ 패키지를 포함하며, 이는 에너지 효율적인 Whirlpool® 가전제품, 화강암 조리대, Wi-Fi 지원 차고문 등의 업그레이드된 편의 시설을 추가 비용 없이 제공합니다. 커뮤니티 내에는 클럽하우스, 수영장, 놀이터와 같은 시설도 이용 가능합니다. 입주 준비가 완료된 주택이 현재 관심 있는 구매자를 위해 제공되고 있습니다.
LGI Homes (NASDAQ: LGIH) a annoncé l'ouverture officielle de quatre nouvelles communautés dans la région de Dallas-Fort Worth : Cresson Estates, Kingsborough, Retreat at Fossil Creek et Southaven. Ces communautés proposent des maisons neuves à partir des prix en haute gamme de 200 000 $ et allant d'environ 1 175 à 2 730 pieds carrés, avec 3 à 5 chambres. Chaque communauté est stratégiquement située, offrant aux résidents un équilibre entre tranquillité et commodité.
Les maisons présentent les CompleteHome™ ou CompleteHome Plus™ de LGI Homes, qui incluent des aménagements améliorés tels que des appareils Whirlpool® écoénergétiques, des comptoirs en granit et des portes de garage connectées au Wi-Fi sans coût supplémentaire. Des équipements communautaires tels que des clubhouses, des piscines et des aires de jeux sont également disponibles. Des maisons prêtes à emménager sont maintenant disponibles pour les acheteurs intéressés.
LGI Homes (NASDAQ: LGIH) hat die grandiose Eröffnung von vier neuen Gemeinschaften im Bereich Dallas-Fort Worth angekündigt: Cresson Estates, Kingsborough, Retreat at Fossil Creek und Southaven. Diese Gemeinschaften bieten neu errichtete Häuser, die ab Preisen im hohen $200,000-Bereich beginnen, und besitzen eine Fläche von ca. 1.175 bis 2.730 Quadratfuß mit 3-5 Schlafzimmern. Jede Gemeinschaft ist strategisch gelegen und bietet den Bewohnern ein Gleichgewicht zwischen Ruhe und Bequemlichkeit.
Die Häuser verfügen über die CompleteHome™ oder CompleteHome Plus™ Pakete von LGI Homes, die verbesserte Annehmlichkeiten beinhalten, wie energieeffiziente Whirlpool® Geräte, Granit-Arbeitsplatten und WLAN-fähige Garagentore ohne zusätzliche Kosten. Gemeinschaftseinrichtungen wie Clubhäuser, Schwimmbäder und Spielplätze sind ebenfalls verfügbar. Bereits bezugsfertige Häuser stehen jetzt für interessierte Käufer zur Verfügung.
- Expansion into four new communities in the Dallas-Fort Worth market
- Homes priced starting in the high $200s, potentially attracting a wide range of buyers
- Inclusion of CompleteHome™ and CompleteHome Plus™ packages with premium features at no additional cost
- Strategic locations offering both tranquility and convenience to residents
- Variety of home sizes (1,175 to 2,730 square feet) and bedroom options (3-5) to cater to different family needs
- None.
Insights
LGI Homes' expansion in the Dallas-Fort Worth area with four new communities is a strategic move in a competitive housing market. The focus on affordable pricing (starting in the high
The inclusion of CompleteHome™ and CompleteHome Plus™ packages adds value without additional cost, potentially improving margins through economies of scale in purchasing. The emphasis on move-in ready homes aligns with current market preferences for convenience. However, the success of these communities will depend on factors like local job growth, interest rates and overall economic conditions in the DFW area.
LGI Homes' new communities showcase a strategic approach to suburban development. The locations chosen - Cresson, Fossil Creek, Hutchins and near Forney - indicate a focus on areas with growth potential that offer both tranquility and accessibility to urban centers. This aligns with post-pandemic trends of homebuyers seeking more space without completely disconnecting from city amenities.
The inclusion of community amenities like clubhouses, pools and playgrounds demonstrates an understanding of the importance of shared spaces in fostering community engagement. However, the long-term sustainability of these developments will depend on factors such as infrastructure development, public transportation improvements and the creation of local job opportunities to prevent these areas from becoming mere 'bedroom communities'.
LGI Homes' expansion in the DFW area could positively impact their financial performance. The company's focus on affordable housing in a high-demand market positions them well for potential revenue growth. The standardized CompleteHome™ packages could lead to cost efficiencies and improved margins.
However, investors should consider potential risks:
- Rising interest rates could affect affordability and demand
- Increased competition in the affordable housing segment
- Possible supply chain disruptions affecting construction costs
The company's ability to maintain a steady sales pace and manage construction costs will be important for profitability. Investors should monitor quarterly sales figures, average selling prices and gross margins to gauge the success of this expansion strategy.
DALLAS-FORT WORTH, Texas, Aug. 08, 2024 (GLOBE NEWSWIRE) -- LGI Homes, Inc. (NASDAQ: LGIH) is thrilled to announce the grand opening of its newest communities in the Dallas-Fort Worth market: Cresson Estates, Kingsborough, Retreat at Fossil Creek and Southaven. These exceptional neighborhoods offer stunning new construction homes with prices starting in the high
Cresson Estates, located in the charming town of Cresson, provides a tranquil retreat from the city's hustle and bustle. Ideally situated off Hwy 377, residents enjoy both serenity and convenience. Homes in this peaceful community range from just under 1,380 square feet with three bedrooms to just over 2,730 square feet with five bedrooms.
Retreat at Fossil Creek, situated just north of Fort Worth, offers residents a peaceful community with quick access to downtown. Homes in this beautiful community range from 1,175 square feet with three bedrooms to just over 2,500 square feet with five bedrooms.
Southaven, located in Hutchins, is minutes away from downtown Dallas. This vibrant community provides residents with easy access to local amenities, employers, and schools. Homes here range from 1,229 square feet with three bedrooms to just over 2,600 square feet with five bedrooms.
Kingsborough, nestled near Forney, offers a serene lifestyle in a peaceful community. Residents enjoy convenient access to local restaurants, shops, parks, and recreational facilities in Forney, Crandall, Terrell, and Kaufman. Homes in Kingsborough range from just over 1,350 square feet to just over 2,230 square feet, with three and four bedroom options.
Designed with growing families in mind, these move-in ready homes feature designer upgrades and amenities. Each home includes chef-ready kitchens, spacious family rooms, two-car garages and ample storage space. Cresson Estates, Retreat at Fossil Creek, and Kingsborough are equipped with LGI Homes' coveted CompleteHome™ package, while Southaven features the CompleteHome Plus™ package.
Both the CompleteHome™ and CompleteHome Plus™ packages offer exceptional interior upgrades, including energy-efficient Whirlpool® appliances, granite countertops, designer wood cabinetry with crown molding, luxury vinyl-plank flooring, Wi-Fi-enabled garage doors and more, all at no additional cost.
Additionally, residents will also enjoy community amenities, such as the clubhouse at Cresson Estates, the pool at Retreat at Fossil Creek, the splashpad at Southaven and the playground at Kingsborough. These on-site features provide fun and relaxation just steps from home.
Move-in ready, upgraded homes are now available. For more information or to schedule a tour, interested homebuyers are encouraged to visit LGIHomes.com/DFW.
About LGI Homes
Headquartered in The Woodlands, Texas, LGI Homes, Inc. is a pioneer in the homebuilding industry, successfully applying an innovative and systematic approach to the design, construction, and sale of homes across 36 markets in 21 states. As one of America’s fastest growing companies, LGI Homes has closed over 70,000 homes since its founding in 2003 and has delivered profitable financial results every year. Nationally recognized for its quality construction and exceptional customer service, LGI Homes was named to Newsweek’s list of America’s Most Trustworthy Companies for the second consecutive year. LGI Homes’ commitment to excellence extends to its more than 1,000 employees, earning the Company numerous workplace awards at the local, state and national level, including the Top Workplaces USA 2024 Award. For more information about LGI Homes and its unique operating model focused on making the dream of homeownership a reality for families across the nation, please visit the Company’s website at www.lgihomes.com.
MEDIA CONTACT:
Rachel Eaton
(281) 362-8998 ext. 2560
A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/1f3370cd-a5a9-440b-96f6-aaa8d68c6385
FAQ
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