LGI Homes is selling new, affordable homes at Mount Tabor Pointe, Dallas, featuring modern designs and family-friendly amenities.
Quiver AI Summary
LGI Homes, Inc. has announced the opening of Mount Tabor Pointe, a new community in Dallas, Georgia, featuring affordable single-family homes aimed at making homeownership attainable for families. The community, conveniently situated near major highways for easy commuting to Marietta, offers five modern floor plans with three to five bedrooms, and high-quality finishes included in the CompleteHomePlus™ package. Homes start in the $390s, and residents will benefit from access to local parks, schools in the Paulding County School District, and community amenities such as a playground and picnic area. LGI Homes, known for its customer service and quality construction, continues to expand its presence across the country.
Potential Positives
- LGI Homes has successfully launched a new community, Mount Tabor Pointe, indicating strong engagement and interest from potential homebuyers in Dallas, Georgia.
- The community offers affordable homes starting in the $390s, making homeownership accessible for families in a desirable location.
- Mount Tabor Pointe features modern designs with high-quality finishes included in the CompleteHomePlus™ package, catering to contemporary homebuyer preferences.
- The community is situated near excellent schools and recreational amenities, enhancing its appeal to families and reinforcing LGI Homes' commitment to creating family-friendly neighborhoods.
Potential Negatives
- Potential concerns regarding affordability despite marketing as "affordable," as homes start in the $390s, which may still be beyond reach for some local families.
- Limited number of homes (129) may lead to high competition and potential buyer dissatisfaction if demand outstrips supply.
- Community may face challenges in maintaining quality and appeal as it grows, potentially impacting resident satisfaction and company reputation over time.
FAQ
What is Mount Tabor Pointe?
Mount Tabor Pointe is a new community in Dallas, Georgia, offering affordable homes for families in a desirable location.
How many homes are available at Mount Tabor Pointe?
Mount Tabor Pointe features 129 single-family homes designed with modern floor plans catering to today’s homebuyers.
What amenities does Mount Tabor Pointe offer?
The community includes a park with playgrounds, picnic areas, and grills, along with access to nearby recreational facilities.
What home features are included at Mount Tabor Pointe?
Homes come with high-quality finishes, including Whirlpool® appliances, quartz countertops, and luxury vinyl plank flooring through LGI Homes' CompleteHomePlus™ package.
How can I contact LGI Homes for more information?
For more information or to schedule a tour, contact the sales team at 855-712-9725 ext. 791.
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 1 times in the past 6 months. Of those trades, 1 have been purchases and 0 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 purchased up to $50,000 on 03/05.
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 105 institutional investors add shares of $LGIH stock to their portfolio, and 123 decrease their positions in their most recent quarter.
Here are some of the largest recent moves:
- RIVER ROAD ASSET MANAGEMENT, LLC added 212,468 shares (+30.6%) to their portfolio in Q4 2024, for an estimated $18,994,639
- FRONTIER CAPITAL MANAGEMENT CO LLC removed 180,929 shares (-26.0%) from their portfolio in Q4 2024, for an estimated $16,175,052
- KHROM CAPITAL MANAGEMENT LLC added 177,698 shares (+19.4%) to their portfolio in Q4 2024, for an estimated $15,886,201
- CITADEL ADVISORS LLC removed 89,646 shares (-69.8%) from their portfolio in Q4 2024, for an estimated $8,014,352
- BANK OF MONTREAL /CAN/ removed 84,175 shares (-96.9%) from their portfolio in Q4 2024, for an estimated $7,525,245
- D. E. SHAW & CO., INC. removed 81,150 shares (-50.6%) from their portfolio in Q4 2024, for an estimated $7,254,810
- MORGAN STANLEY removed 64,597 shares (-18.7%) from their portfolio in Q4 2024, for an estimated $5,774,971
To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard.
Full Release
DALLAS, Ga., April 21, 2025 (GLOBE NEWSWIRE) -- LGI Homes , Inc. (NASDAQ: LGIH) is now selling homes at Mount Tabor Pointe, a vibrant new community located in the heart of Dallas, Georgia. Since launching, the community has seen remarkable engagement, reflecting strong interest and enthusiasm from the residents of Dallas. This exceptional new neighborhood offers affordable new homes, making the dream of homeownership a reality for families looking to settle in one of the area’s most desirable locations.
Conveniently located near GA-120 and Hwy 278, Mount Tabor Pointe ensures a quick and easy commute to Marietta. Residents can also enjoy the top-rated schools in the Paulding County School District, making it an ideal location for families.
Mount Tabor Pointe will feature 129 single-family, thoughtfully designed homes with modern floor plans that cater to today’s homebuyer. A brand-new lineup of five floor plans are offered, which include three to five bedrooms, two to two-and-a-half bathrooms, open-concept layouts and two-car garages. All floor plans are equipped with LGI Homes' CompleteHomePlus™ package, which features high-quality finishes such as Whirlpool® stainless steel kitchen appliances, quartz countertops, luxury vinyl plank flooring throughout, and more – all at an affordable price. Homes at Mount Tabor Pointe start in the $390s.
Just a short walk from their home, families will enjoy a community park that features a playground, tot lot, picnic area, and grills — perfect for relaxing and making memories together. The community is also within reach of a variety of local amenities, including nearby parks, trails, and recreational facilities, ensuring there’s always something to do for everyone. Mount Tabor Pointe residents have quick access to nearby Sara Babb Park, which features playgrounds, baseball fields, tennis courts, trails and a public swimming pool.
With its unbeatable location, family-friendly amenities, and beautifully crafted homes, Mount Tabor Pointe is the perfect place to call home in Dallas, Georgia. For more information or to schedule a tour of the community, please contact the sales team at 855-712-9725 ext. 791.
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 2024 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
A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/afe8cb15-06e6-4eee-8411-7bffd2b22d24
