STOCK TITAN

Toll Brothers Announces New Luxury Home Community Now Open in Prosper, Texas

Rhea-AI Impact
(Low)
Rhea-AI Sentiment
(Very Positive)
Tags

Toll Brothers (NYSE:TOL) has announced the opening of Wandering Creek at Brookhollow, a new luxury home community in Prosper, Texas. The community features two collections of single-family homes:

1. Executive Collection: 74-foot wide home sites, 3,600 to 5,100+ sq ft, 4-5 bedrooms, 3.5-4.5 bathrooms, 3-car garages, priced from $1 million.

2. Estate Collection: 84-foot wide home sites, 3,900 to 6,000+ sq ft, 4-5 bedrooms, 4.5 bathrooms, 3-4 car garages, priced from $1.2 million.

The community is located within the Prosper Independent School District and offers quick access to major employers, commuter routes, shopping, dining, and entertainment in Prosper and Frisco. Home buyers can personalize their homes at the Toll Brothers Design Studio.

Toll Brothers (NYSE:TOL) ha annunciato l'apertura di Wandering Creek at Brookhollow, una nuova comunità di case di lusso a Prosper, Texas. La comunità offre due collezioni di case unifamiliari:

1. Collezione Executive: lotti per case di 74 piedi di larghezza, da 3.600 a oltre 5.100 piedi quadrati, 4-5 camere da letto, 3.5-4.5 bagni, garage per 3 auto, con prezzi a partire da $1 milione.

2. Collezione Estate: lotti per case di 84 piedi di larghezza, da 3.900 a oltre 6.000 piedi quadrati, 4-5 camere da letto, 4.5 bagni, garage per 3-4 auto, con prezzi a partire da $1.2 milioni.

La comunità si trova nel Distretto Scolastico Indipendente di Prosper e offre un accesso rapido ai principali datori di lavoro, alle principali vie di comunicazione, a negozi, ristoranti e intrattenimento a Prosper e Frisco. Gli acquirenti di case possono personalizzare le loro abitazioni presso lo Studio di Design Toll Brothers.

Toll Brothers (NYSE:TOL) ha anunciado la apertura de Wandering Creek at Brookhollow, una nueva comunidad de casas de lujo en Prosper, Texas. La comunidad cuenta con dos colecciones de casas unifamiliares:

1. Colección Executive: parcelas de casas de 74 pies de ancho, de 3,600 a más de 5,100 pies cuadrados, 4-5 dormitorios, 3.5-4.5 baños, garajes para 3 autos, con precios desde $1 millón.

2. Colección Estate: parcelas de casas de 84 pies de ancho, de 3,900 a más de 6,000 pies cuadrados, 4-5 dormitorios, 4.5 baños, garajes para 3-4 autos, con precios desde $1.2 millones.

La comunidad se encuentra dentro del Distrito Escolar Independiente de Prosper y ofrece acceso rápido a empleadores importantes, rutas de transporte, compras, restaurantes y entretenimiento en Prosper y Frisco. Los compradores de casas pueden personalizar sus hogares en el Estudio de Diseño Toll Brothers.

톨 브라더스(Toll Brothers NYSE:TOL)는 워너링 크릭 앳 브룩할로우(Wandering Creek at Brookhollow)라는 새로운 고급 주택 단지를 프로스퍼, 텍사스(Prosper, Texas)에 오픈한다고 발표했습니다. 이 단지는 두 가지 단독주택 컬렉션을 제공합니다:

1. 이그제큐티브 컬렉션(Executive Collection): 74피트 너비의 주택 부지, 3,600에서 5,100+ 평방피트, 4-5 침실, 3.5-4.5 욕실, 3대 주차장이 있는 집, 가격은 100만 달러부터 시작합니다.

2. 에스테이트 컬렉션(Estate Collection): 84피트 너비의 주택 부지, 3,900에서 6,000+ 평방피트, 4-5 침실, 4.5 욕실, 3-4대 주차장이 있는 집, 가격은 120만 달러부터 시작합니다.

이 커뮤니티는 프로스퍼 독립학교구(Prosper Independent School District) 내에 위치하며, 주요 고용주, 통근 도로, 쇼핑, 식사 및 프로스퍼와 프리스코의 엔터테인먼트에 빠른 접근을 제공합니다. 주택 구매자는 톨 브라더스 디자인 스튜디오에서 집을 개인화할 수 있습니다.

Toll Brothers (NYSE:TOL) a annoncé l'ouverture de Wandering Creek at Brookhollow, une nouvelle communauté de maisons de luxe à Prosper, Texas. La communauté propose deux collections de maisons individuelles :

1. Collection Executive : parcelles de maisons de 74 pieds de large, de 3.600 à plus de 5.100 pieds carrés, 4-5 chambres, 3.5-4.5 salles de bain, garages pour 3 voitures, à partir de 1 million de dollars.

2. Collection Estate : parcelles de maisons de 84 pieds de large, de 3.900 à plus de 6.000 pieds carrés, 4-5 chambres, 4.5 salles de bain, garages pour 3-4 voitures, à partir de 1,2 million de dollars.

La communauté est située dans le District Scolaire Indépendant de Prosper et offre un accès rapide à de grands employeurs, aux routes de transport, aux magasins, aux restaurants et aux loisirs à Prosper et Frisco. Les acheteurs peuvent personnaliser leurs maisons au Studio de Design Toll Brothers.

Toll Brothers (NYSE:TOL) hat die Eröffnung von Wandering Creek at Brookhollow, einer neuen Luxuswohnanlage in Prosper, Texas, bekannt gegeben. Die Gemeinschaft umfasst zwei Sammlungen von Einfamilienhäusern:

1. Executive Collection: 74 Fuß breite Grundstücke, 3.600 bis über 5.100 Quadratfuß, 4-5 Schlafzimmer, 3.5-4.5 Badezimmer, Garagen für 3 Autos, ab Preisen von 1 Million Dollar.

2. Estate Collection: 84 Fuß breite Grundstücke, 3.900 bis über 6.000 Quadratfuß, 4-5 Schlafzimmer, 4.5 Badezimmer, Garagen für 3-4 Autos, ab Preisen von 1,2 Millionen Dollar.

Die Gemeinschaft befindet sich im Prosper Independent School District und bietet schnellen Zugang zu großen Arbeitgebern, Pendelrouten, Einkaufsmöglichkeiten, Restaurants und Unterhaltung in Prosper und Frisco. Hauskäufer können ihre Zuhause im Toll Brothers Design Studio personalisieren.

Positive
  • Launch of a new luxury home community in Prosper, Texas
  • Offering two collections of high-end homes with large living spaces (3,600 to 6,000+ sq ft)
  • Premium pricing starting from $1 million for Executive homes and $1.2 million for Estate homes
  • Located in a highly regarded school district, potentially attracting families
Negative
  • None.

Insights

Toll Brothers' launch of Wandering Creek at Brookhollow in Prosper, Texas, is a strategic move in the luxury housing market. The community's two collections, offering homes from $1 million to over $1.2 million, target affluent buyers in a high-growth area. With sizes ranging from 3,600 to 6,000+ square feet, these homes cater to the upper echelon of the market.

The location within the Prosper Independent School District is a significant draw for families, potentially driving demand. The proximity to major employers and amenities in Prosper and Frisco enhances the community's appeal. However, at this price point, the project's success will depend on the strength of the local luxury market and broader economic conditions.

While this development showcases Toll Brothers' continued expansion in Texas, it's important to note that the impact on the company's overall financial performance may be , given TOL's $15.48 billion market cap. Investors should monitor sales velocity and pricing power in this community as indicators of the luxury segment's health in the Dallas-Fort Worth metroplex.

The launch of Wandering Creek at Brookhollow reflects Toll Brothers' strategy to capitalize on the growing luxury home market in suburban areas. Prosper, Texas, with its reputation for excellent schools and proximity to economic hubs, aligns well with the target demographic for high-end homes.

The community's offering of two distinct collections provides flexibility to capture different segments within the luxury market. The emphasis on personalization through the Design Studio is a key differentiator in the competitive luxury home sector, potentially driving higher margins.

However, the luxury real estate market can be volatile and sensitive to economic fluctuations. With home prices starting at $1 million, this project's success will be a barometer for consumer confidence and wealth effects in the region. Investors should watch for absorption rates and any price adjustments as indicators of market reception.

While this development is noteworthy, its direct impact on Toll Brothers' stock may be unless it signals a broader trend in the company's expansion strategy or marks a significant shift in their product mix towards ultra-luxury offerings.

PROSPER, Texas, Oct. 09, 2024 (GLOBE NEWSWIRE) -- Toll Brothers, Inc. (NYSE:TOL), the nation’s leading builder of luxury homes, today announced its newest community, Wandering Creek at Brookhollow, is now open in Prosper, Texas. This exclusive community features two distinct collections of single-family homes with exceptional architectural designs and luxurious finishes.

Wandering Creek at Brookhollow offers a selection of single-family home designs ranging from 3,600 to over 6,000 square feet of luxury living space. Toll Brothers will offer two collections of homes – the Executive Collection offering 74-foot wide home sites and the Estate Collection offering 84-foot wide home sites. The Executive Collection will feature homes with 3,600 to 5,100+ square feet, 4 to 5 bedrooms, 3.5 to 4.5 bathrooms, and 3-car garages. While homes in the Estate Collection will range from 3,900 to 6,000+ square feet with 4 to 5 bedrooms, 4.5 bathrooms, and 3- to 4-car garages. Executive homes are priced from $1 million and Estate homes from $1.2 million.

Home buyers will experience one-stop shopping at the Toll Brothers Design Studio. The state-of-the-art Design Studio allows home buyers to choose from a wide array of selections to personalize their dream home with the assistance of Toll Brothers professional Design Consultants.

Wandering Creek at Brookhollow by Toll Brothers

“Our new Wandering Creek at Brookhollow community provides residents with the perfect blend of luxury and convenience in a great school district within the highly desirable area of Prosper,” said Jay Saunders, Toll Brothers Division President in Dallas. “With expansive floor plans and unrivaled personalization options, this community will redefine luxury living for home buyers looking for a new home in Prosper.”

Located within the highly regarded Prosper Independent School District, children living in the community may attend Cockrell Elementary, Rogers Middle School, and Walnut Grove High School. The community’s ideal location offers quick access to major employers, commuter routes, shopping, dining, and entertainment in both Prosper and Frisco.

Prospective home buyers interested in learning more about Wandering Creek at Brookhollow by Toll Brothers can call (855) 289-8656 or visit TollBrothers.com/DFW.

About Toll Brothers

Toll Brothers, Inc., a Fortune 500 Company, is the nation’s leading builder of luxury homes. The Company was founded 57 years ago in 1967 and became a public company in 1986. Its common stock is listed on the New York Stock Exchange under the symbol “TOL.” The Company serves first-time, move-up, empty-nester, active-adult, and second-home buyers, as well as urban and suburban renters. Toll Brothers builds in over 60 markets in 24 states: Arizona, California, Colorado, Connecticut, Delaware, Florida, Georgia, Idaho, Indiana, Maryland, Massachusetts, Michigan, Nevada, New Jersey, New York, North Carolina, Oregon, Pennsylvania, South Carolina, Tennessee, Texas, Utah, Virginia, and Washington, as well as in the District of Columbia. The Company operates its own architectural, engineering, mortgage, title, land development, smart home technology, and landscape subsidiaries. The Company also develops master-planned and golf course communities as well as operates its own lumber distribution, house component assembly, and manufacturing operations.

In 2024, Toll Brothers marked 10 years in a row being named to the Fortune World’s Most Admired Companies™ list and the Company’s Chairman and CEO Douglas C. Yearley, Jr. was named one of 25 Top CEOs by Barron’s magazine. Toll Brothers has also been named Builder of the Year by Builder magazine and is the first two-time recipient of Builder of the Year from Professional Builder magazine. For more information visit TollBrothers.com.

From Fortune, ©2024 Fortune Media IP Limited. All rights reserved. Used under license.

Contact: Andrea Meck | Toll Brothers, Director, Public Relations & Social Media | 215-938-8169 | ameck@tollbrothers.com

A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/352d41d1-48e9-4464-94d9-515091832204

Sent by Toll Brothers via Regional Globe Newswire (TOLL-REG)


FAQ

What are the price ranges for homes in Toll Brothers' new Wandering Creek at Brookhollow community in Prosper, Texas (TOL)?

The Executive Collection homes start from $1 million, while the Estate Collection homes are priced from $1.2 million.

What are the size ranges of homes in Toll Brothers' Wandering Creek at Brookhollow community in Prosper, Texas (TOL)?

The Executive Collection homes range from 3,600 to 5,100+ square feet, while the Estate Collection homes range from 3,900 to 6,000+ square feet.

Which school district serves Toll Brothers' new Wandering Creek at Brookhollow community in Prosper, Texas (TOL)?

The community is located within the highly regarded Prosper Independent School District.

How many bedrooms and bathrooms do the homes in Toll Brothers' Wandering Creek at Brookhollow community in Prosper, Texas offer (TOL)?

Both collections offer 4 to 5 bedrooms. The Executive Collection has 3.5 to 4.5 bathrooms, while the Estate Collection has 4.5 bathrooms.

Toll Brothers, Inc.

NYSE:TOL

TOL Rankings

TOL Latest News

TOL Stock Data

12.36B
99.15M
0.61%
90.22%
2.56%
Residential Construction
Operative Builders
Link
United States of America
FORT WASHINGTON