LGI Homes announces Magnolia Woods, a new community in Magnolia, Texas, featuring over 1,300 homes and various amenities.
Quiver AI Summary
LGI Homes, Inc. has announced the development of Magnolia Woods, a new master-planned community in Magnolia, Texas, aiming to create over 1,300 single-family homes. The community will offer homes from both LGI Homes and Terrata Homes, providing a variety of floor plans and price points, with sales set to start on June 14, 2025. Residents will benefit from a range of amenities, access to highly-rated Magnolia ISD schools, and proximity to the commercial area of The Woodlands, known for its strong job market. The community will also feature parks, walking trails, and a range of shopping and dining options nearby, catering to the area's growing population. LGI Homes has a successful track record in homebuilding and aims to offer innovative and quality housing options to meet diverse customer needs in this rapidly expanding region.
Potential Positives
- LGI Homes is launching a new master-planned community, Magnolia Woods, which will feature over 1,300 single-family homes, indicating significant growth potential and demand in the area.
- The community will offer homes under both the LGI Homes and Terrata Homes brands, catering to a wide range of customer needs with various floor plans and price points starting at $259,900.
- Residents will benefit from access to highly rated Magnolia ISD schools and various amenities, including parks, walking trails, and community-wide fiber internet service, enhancing the attractiveness of the new development.
- Located in a fast-growing area, Magnolia Woods provides convenient access to major employers and commercial hubs, which could positively impact sales and community growth.
Potential Negatives
- Potential overextension risks due to the large scale of the development with over 1,300 homes, which may strain resources and impact quality.
- High starting prices for Terrata Homes at $529,900 could limit the customer base compared to the more affordable LGI Homes offerings.
- Reliance on a fast-growing market in Magnolia may present risks if growth projections do not continue as expected, impacting demand for homes.
FAQ
What is Magnolia Woods?
Magnolia Woods is a new master planned community in Magnolia, Texas, featuring over 1,300 single-family homesites.
When will new home sales begin at Magnolia Woods?
New home sales at Magnolia Woods are set to begin on Saturday, June 14, 2025.
What types of homes will be available in Magnolia Woods?
Homes will be available from both LGI Homes and Terrata Homes, offering diverse floor plans and features.
What amenities will Magnolia Woods offer its residents?
Residents will enjoy amenities like Flower Patch Park, walking trails, a dog park, and high-speed internet access.
Which school district serves Magnolia Woods?
Homeowners have access to the highly rated Magnolia ISD, with Magnolia High School located just four miles away.
Disclaimer: This is an AI-generated summary of a press release distributed by GlobeNewswire. The model used to summarize this release may make mistakes. See the full release here.
$LGIH Congressional Stock Trading
Members of Congress have traded $LGIH stock 2 times in the past 6 months. Of those trades, 1 have been purchases and 1 have been sales.
Here’s a breakdown of recent trading of $LGIH stock by members of Congress over the last 6 months:
- REPRESENTATIVE JEFFERSON SHREVE has traded it 2 times. They made 1 purchase worth up to $50,000 on 03/05 and 1 sale worth up to $50,000 on 04/11.
To track congressional stock trading, check out Quiver Quantitative's congressional trading dashboard.
$LGIH Insider Trading Activity
$LGIH insiders have traded $LGIH stock on the open market 2 times in the past 6 months. Of those trades, 0 have been purchases and 2 have been sales.
Here’s a breakdown of recent trading of $LGIH stock by insiders over the last 6 months:
- ERIC THOMAS LIPAR (CEO and Chairman of the Board) sold 3,489 shares for an estimated $264,954
- MICHAEL LARRY SNIDER (President and COO) sold 1,105 shares for an estimated $83,913
To track insider transactions, check out Quiver Quantitative's insider trading dashboard.
$LGIH Hedge Fund Activity
We have seen 137 institutional investors add shares of $LGIH stock to their portfolio, and 142 decrease their positions in their most recent quarter.
Here are some of the largest recent moves:
- ALTSHULER SHAHAM LTD added 612,998 shares (+inf%) to their portfolio in Q1 2025, for an estimated $40,745,977
- KHROM CAPITAL MANAGEMENT LLC removed 413,093 shares (-37.7%) from their portfolio in Q1 2025, for an estimated $27,458,291
- CITADEL ADVISORS LLC added 276,353 shares (+712.8%) to their portfolio in Q1 2025, for an estimated $18,369,183
- FMR LLC removed 233,646 shares (-76.4%) from their portfolio in Q1 2025, for an estimated $15,530,449
- ANOMALY CAPITAL MANAGEMENT, LP removed 135,483 shares (-49.7%) from their portfolio in Q1 2025, for an estimated $9,005,555
- MILLENNIUM MANAGEMENT LLC removed 100,485 shares (-87.1%) from their portfolio in Q1 2025, for an estimated $6,679,237
- FRONTIER CAPITAL MANAGEMENT CO LLC added 87,481 shares (+17.0%) to their portfolio in Q1 2025, for an estimated $5,814,862
To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard.
Full Release
THE WOODLANDS, Texas, June 12, 2025 (GLOBE NEWSWIRE) -- LGI Homes, Inc. (NASDAQ: LGIH) is excited to announce its brand-new, master planned community coming to the fast-growing Houston suburb of Magnolia, Texas. With a projected total of more than 1,300 single family homesites at full build out, Magnolia Woods will feature homes sold under both the LGI Homes and Terrata Homes brands. Homeowners at Magnolia Woods will enjoy a host of onsite amenities, as well as access to highly rated Magnolia ISD schools and the nearby commercial hub of The Woodlands.
“Bringing Magnolia Woods to market signals an exciting step in the evolution of our neighborhood development,” said Pat Vedra, LGI Homes' Regional Vice President of Land Acquisitions and Development. “The scale and planning we've poured into Magnolia Woods, collectively, will deliver a unique lifestyle for our homeowners, set against an amazing backdrop in the piney woods of Montgomery County.”
Magnolia Woods will bring a diverse array of floor plans to one of the fastest growing corridors not only in the Houston metro area, but across the United States. According to the US Census Bureau, Montgomery County (TX) was the 7th-fastest growing county in the country, with population growing nearly 5% year-over-year. Located less than 30 minutes from The Woodlands, one of the 25 ‘Best Job Markets in the US in 2024’, according to SmartAsset, residents at Magnolia Woods will be able to enjoy convenient access to a host of major employers, such as Chevron, Huntsman, and Baker Hughes, as well as world-class shopping, dining, and entertainment venues.
Magnolia Woods is slated to begin new home sales on Saturday, June 14, 2025.
About Our Brands at Magnolia Woods
An exciting opportunity for new homebuyers at Magnolia Woods will be the offering of new homes by both LGI Homes and Terrata Homes in this community. “This project provides the perfect opportunity to feature both of our national homebuilding brands in one great community,” said Rachel Eaton, LGI Homes’ Chief Marketing Officer. “But, more importantly, the variety in floor plans and finish levels we are able to offer across these brands, within Magnolia Woods, allows us to build product offerings to meet a wide range of needs for customers shopping in this fast-growing corridor.”
LGI Homes will launch its product offering with seven initial floor plans across its CompleteHome™ and CompleteHome Plus™ interior packages. These plans will range from 1,076 to 2,174 square feet and offer a mix of fantastic three- and four-bedroom layouts across one- and two-story offerings. LGI Homes will begin offering this lineup at a starting price of $259,900. Customers interested in purchasing a home by LGI Homes at Magnolia Woods are encouraged to call the community at (833) 573-7519 ext. 369 or visit LGIHomes.com/MagnoliaWoods .
Terrata Homes will offer a lineup of four bespoke floor plans at Magnolia Woods, ranging from 2,348 to 3,101 square feet across four- and five-bedroom home layouts. These homes boast fantastic, elevated finishes and upgrades such as covered back patios, mud room entries with built-ins, and a suite of KitchenAid® kitchen appliances. Terrata Homes will begin offering this lineup at a starting price of $529,900. Customers interested in purchasing a home by Terrata Homes at Magnolia Woods are encouraged to call the community at (833) 573-3914 ext. 369 or visit TerrataHomes.com/MagnoliaWoods .
Life in Magnolia Woods
Within Magnolia Woods, homeowners will have access to an array of community amenities. Opening later in 2025, Flower Patch Park will offer play structures for children in a central gathering area, perfect for the number of growing families anticipated to call Magnolia Woods home. Over the coming quarters, and into 2026, Magnolia Woods will continue to grow and evolve fantastic amenities that are slated to include a dog park, splash pad, miles of integrated walking trails, and other fun and unique amenities to help homeowners enjoy the natural beauty of the Magnolia Woods neighborhood’s setting. Additionally, residents will have access to a community-wide fiber internet service that offers connectivity throughout Magnolia Woods at speeds up to one gig.
Families in Magnolia Woods will enjoy access to the highly accredited Magnolia ISD school system. Magnolia High School is just four miles from the community and has received numerous commendations in recent years, including being one of only two high schools in Montgomery County to offer The International Baccalaureate Organization’s Diploma Program to Juniors and Seniors. In the 2024-2025 academic year, Magnolia High School had eight students recognized as Commended and Semi-Finalist Students by the National Merit Scholarship Program and the school boasts a number of engaging extracurricular activities and varsity sports.
With the rapidly growing city of Magnolia, new homeowners at Magnolia Woods will enjoy access to a burgeoning list of nearby shopping and dining options from both local and national brands. Within five miles of Magnolia Woods, two new premier shopping centers have recently opened, anchored by Lowe’s Home Improvement and an H-E-B grocery store. Dozens of other retail spaces adjacent to these anchors are still under development, which are sure to bring various new shopping and dining options to the community’s residents.
About LGI Homes
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 75,000 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 2025 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
Photos accompanying this announcement are available at
https://www.globenewswire.com/NewsRoom/AttachmentNg/104833c6-d8ba-468f-860f-21f92bffdeb4
https://www.globenewswire.com/NewsRoom/AttachmentNg/5dedfa2b-f421-4d83-8fbc-a9b60d9565ec
