LGI Homes Opens New Community in San Antonio Market

Rhea-AI Summary

LGI Homes (NASDAQ: LGIH) has launched sales for new homes in the Rosewood Estates community in Lytle, Texas. Located near I-35, the community offers upgraded, affordable homes starting from the $230s. Home options range from two to five-bedroom floor plans, including features like granite countertops, stainless steel appliances, and Wi-Fi-enabled garage door openers. Amenities such as a soccer field, walking paths, playgrounds, and a splash pad are also planned. Move-in ready homes and $0 down payment options are available. For more information, visit LGIHomes.com/RosewoodEstates or call (833) 690-1207 ext 304.

Positive

• New community launch in Lytle, Texas increases market presence.
• Affordable home prices starting from the $230s cater to a broader customer base.
• Variety in home sizes (two to five-bedrooms) appeals to diverse family needs.
• Upgraded features included in the home price add value for buyers.
• Amenities such as soccer fields, playgrounds, and splash pads enhance community appeal.
• Move-in ready options and $0 down payment remove barriers to purchase.

Negative

• Initial investment costs for developing Rosewood Estates could be high.
• Market competition in the San Antonio area may affect sales speed.
• Economic downturns could impact the affordability and purchasing power of potential buyers.

New Homes in Lytle, Texas start from the $230s

SAN ANTONIO, Texas, June 10, 2024 (GLOBE NEWSWIRE) -- LGI Homes, Inc. (NASDAQ: LGIH) today announced the commencement of sales in Lytle, Texas at the new Rosewood Estates community. Located just minutes from I-35, Rosewood Estates provides upgraded, yet affordable homes with convenient access to major employers and more in San Antonio.

“Our mission at LGI Homes is to provide our customers with an affordable path to homeownership. We’ve provided that and more at Rosewood Estates,” said Roger Villa, Vice President of Sales for LGI Homes. “At Rosewood Estates, customers can purchase a home for less than they are paying in rent, and the quality of these homes are unmatched. All of the homes here come with an array of upgrades included in the price – we truly offer the best value in all of San Antonio.”

Homes at Rosewood Estates range from two to five-bedroom floor plans with 999 to 2,118 square feet. A variety of open floor plans with spacious family rooms, private master bedrooms and unbelievable upgrades are found at Rosewood Estates. Each home will feature the CompleteHome™ package which includes professional front yard landscaping, granite countertops a full suite of stainless steel appliances, wood cabinets, Wi-Fi-enabled garage door openers, double-pane windows and so much more.

Residents of this new community will enjoy access to exceptional amenities located in the community. Amenities coming soon to Rosewood Estates will include a soccer field, walking paths, playgrounds, picnic pavilion, zip line, open green space and a splash pad.

Move-in ready inventory and $0 down payment options are available at Rosewood Estates. Homes start in the $230s. For additional information or to schedule a tour, interested homebuyers are encouraged to call (833) 690-1207 ext 304 or visit LGIHomes.com/RosewoodEstates.

About LGI Homes, Inc.

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 the World’s Most Trustworthy Companies. 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 2023 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/b3820d6f-ab96-4acd-89e9-a21720da201b

 

FAQ

What is the starting price for homes in Rosewood Estates by LGI Homes?

Homes in Rosewood Estates start from the $230s.

Where is Rosewood Estates located?

Rosewood Estates is located in Lytle, Texas, near I-35.

What floor plans are available at Rosewood Estates?

Rosewood Estates offers homes ranging from two to five-bedroom floor plans.

What are some of the amenities planned for Rosewood Estates?

The community will include a soccer field, walking paths, playgrounds, a picnic pavilion, a zip line, open green spaces, and a splash pad.

What features are included in the homes at Rosewood Estates?

Homes come with professional landscaping, granite countertops, stainless steel appliances, wood cabinets, Wi-Fi-enabled garage door openers, and double-pane windows.

Are there any special financing options available for homes in Rosewood Estates?

Yes, there are $0 down payment options available for homes in Rosewood Estates.

How can I get more information about Rosewood Estates?

For more information, you can visit LGIHomes.com/RosewoodEstates or call (833) 690-1207 ext 304.