This Houston-based developer is all about prefab.
Live Lone Star Communities is set to open its first manufactured home community, the Houston Chronicle reported.
The Landing at Pearland will be a 55-acre gated community at 17730 County Road 127, near Pearland Regional Airport. Homes will range from two to five bedrooms, spanning 850 to 2,200 square feet. They are expected to sell from about $80,000 to $170,000, or about $94 per square foot, and residents will also pay $675 in monthly fees covering lot rental, amenity usage and common-area maintenance.
In total, the development is worth $34 million and at full build-out will include 420 mobile homes. It is expected to open in April.
Live Loan Star has seven communities in development with a total of 3,000 lots, including one underway in San Antonio and another to break ground soon in Hockley, 12 miles northwest of Cypress.
Twenty homes at the Landing at Pearland have been sold so far. Site renters can buy from builders such as Jessup Housing, Oak Creek Homes, Cavco and Champion Homes. Amenities at the Landing at Pearland will include a pool, clubhouse, game room, gym, covered area with barbecue pits, basketball court and dog park. The paved streets have LED lighting, and each house will have room for front parking.
The mobile home market has been on the rise across Texas as the unavailability of single-family homes has forced would-be homebuyers to find housing alternatives. The median home price in Houston was $320,000 in February, up more than 30 percent since the start of the pandemic, according to the Houston Association of Realtors.
Meanwhile, the Manufactured Housing Survey found the median price for a mobile-style home in the South Census region, which includes Texas, was $123,500 or about 38 percent of the price of an average single-family residence in the city. Shipments of new manufactured homes have been on a steady incline in Texas since 2019, reaching an apex last year. Manufactured homes rose by 25 percent to almost 20,000 in 2022, up from about 16,000 in 2019.
The Landing at Pearland isn’t the only manufactured home community delivering this spring. Phoenix-based developer Inspire Communities is holding the grand opening of its brand of upscale mobile homes, Rockrose Ranch, on March 25. That site is two miles from Lake Conroe on 11484 Calvary Road, a 170-acre tract in Willis.
—Brandon Sams