LGI Homes Opens Large-Scale Development in Houston Market
December 20 2018 - 7:00AM
LGI Homes, Inc. (Nasdaq:LGIH) announces the debut of its latest
project in the greater Houston area, Freeman Ranch. Located in
Katy, Texas near Houston’s Energy Corridor, this new 840-home
community will invest over $1.25 million in amenities.
“Freeman Ranch is a dream come true for homebuyers in the Katy
market looking for an affordable, new home in a beautiful setting,”
said Alvin Edwards, Vice President of Sales for LGI Homes’ Houston
division. “With direct access to both the Grand Parkway and I-10,
Freeman Ranch residents can easily access every convenience in a
matter of minutes.”
LGI Homes is constructing a variety of one- and two-story floor
plans in Phase I at Freeman Ranch, ranging in size from 1,300 sq.
ft. to over 2,600 sq. ft. Priced from the $170s, the homes exhibit
quality construction and award-winning design. In addition to
thousands of dollars’ worth of interior upgrades such as granite
countertops, a full suite of Whirlpool brand kitchen appliances and
wood-style flooring, the homes also feature beautiful brick
exteriors, front yard landscaping and fenced backyards.
LGI Homes will invest over $1.25 million in amenities within
Freeman Ranch in 2019. Among the onsite amenities slated for
completion, Freeman Ranch will showcase a private neighborhood park
featuring a splash pad, playgrounds, party pavilion, picnic area
and walking paths. Homeowners will also enjoy the many local parks
a few miles from the community, including Mary Jo Peckham Park,
which offers an indoor aquatic center, fitness center, miniature
golf, fishing pond, playgrounds, picnic pavilions, a disc golf
course and more. Other top attractions near Freeman Ranch include
Katy Mills outlet mall, Typhoon Texas Waterpark and Dewberry
Farms.
LGI Homes invites prospective Katy homebuyers to discover
Freeman Ranch, where LGI Homes offers quick move-in opportunities
and $0 down financing options for qualified buyers. To schedule an
appointment at Freeman Ranch, please call (866) 852-2473 ext. 3310
or visit www.LGIHomes.com for more information.
About LGI Homes, Inc.
Headquartered in The Woodlands, Texas, LGI Homes, Inc. engages
in the design, construction and sale of homes in Texas, Arizona,
Florida, Georgia, New Mexico, Colorado, North Carolina, South
Carolina, Washington, Tennessee, Minnesota, Oklahoma, Alabama,
California, Oregon and Nevada. The Company has a notable legacy of
more than 15 years of homebuilding operations, over which time it
has closed over 27,000 homes. For more information about the
Company and its new home developments 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
http://www.globenewswire.com/NewsRoom/AttachmentNg/8a51cd91-7012-42de-b6b5-c0d2426463b6
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