THESE HOUSTON-AREA MASTER-PLANNED COMMUNITIES RANK AMONG THE BEST-SELLING NEIGHBORHOODS IN THE U.S.
THE HOUSTON REGION DOMINATED A NATIONAL LIST OF TOP-SELLING MASTER-PLANNED COMMUNITIES IN 2024.
HOUSTON, TX – January 24, 2025, Houston Chronicle
By Marissa Luck
Houston remains one of the strongest markets for master-planned communities, according to an annual report by Washington, D.C., consultancy RCLCO. The report ranked the top 50 master-planned communities by new home sales in 2024. Despite slower sales in many of the region's master-planned communities last year, the Houston area had 12 of the nation’s top 50 selling communities last year, according to RCLCO.
Many of the communities on this list are familiar, but one, the Grand Prairie in Hockley, is a newcomer at No. 41.
“Master-planned communities in Houston continue to demonstrate their resilience, largely keeping pace with last year’s sales activity despite headwinds that included election uncertainty and mortgage rates that have remained elevated for longer than anticipated,” – said Karl Pischke, principal at RCLCO in a statement.
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The Grand Prairie. Hockley, Texas
This is the 1,730-acre development's first appearance on the top-selling communities report after 436 home sales last year, according to RCLCO. The Hockley community held its grand opening in April, and developer Ember recently broke ground on phase two.Home prices range from the $300,000s to the $600,000s. Two pocket parks and a greenbelt are already open. A 6.3-acre amenity complex, additional trails and a 70-acre lake will open by summer. Overall, 6,000 homes are planned.
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About EMBER Real Estate Investment & Development
Founded by Harry Masterson, Jordan Mack and Vicente Rangel, EMBER is a private real estate investment and development firm specializing in land acquisition and delivery of master-planned communities, industrial, and select residential projects. Its vision and relationships continually generate direct off-market opportunities, and its long-term focus allows for compounded value creation. EMBER’s leaders are land experts with the technical expertise and creativity to solve challenging problems. The company additionally partners with exceptional founders and operators on best-in-class projects. In addition to providing capital and network access, EMBER offers a platform for growth and stability through long-term vision, business administration and compliance. The business prides itself on being nimble, patient and willing to take smart risks. EMBER is intellectually rigorous and honest and strives to keep things simple and straightforward while always aligning its interests with the interests of its stakeholders.