LGI Homes Opens Blue Ridge Crossing Community in Blue Ridge, Texas

LGI Homes launches Blue Ridge Crossing, offering affordable, upgraded homes in Blue Ridge, Texas, with diverse floor plans and amenities.

Quiver AI Summary

LGI Homes, Inc. has announced the grand opening of Blue Ridge Crossing in Blue Ridge, Texas, a new community offering affordable, upgraded homes. This development will feature 212 homesites and a range of thoughtfully designed floor plans with three to five bedrooms, all built with the CompleteHome™ package, which includes desirable features like stainless steel appliances and luxury flooring. Priced from the $290s, these homes provide options between 1,300 and 2,500 square feet, catering to various lifestyles. The community benefits from a convenient location near employment and shopping areas and is served by the well-regarded Blue Ridge Independent School District. To celebrate the opening, LGI Homes will host a sales event on August 8–9, 2026, offering exclusive savings. Prospective buyers can learn more about the community and tour available homes by visiting the Blue Ridge Crossing Information Center.

Potential Positives

LGI Homes announced the grand opening of Blue Ridge Crossing, a new community of affordable and upgraded homes, catering to the growing demand in Blue Ridge, Texas.
The community will include 212 homesites and a diverse range of floor plans, appealing to a variety of buyer needs and preferences.
All homes will feature the CompleteHome™ package, offering desirable finishes and appliances at no additional cost, enhancing the value proposition for potential homeowners.
The company will host a special sales event to celebrate the grand opening, promoting limited-time savings that may drive increased interest and sales during the event weekend.

Potential Negatives

None

FAQ

What is Blue Ridge Crossing?

Blue Ridge Crossing is a new community by LGI Homes in Blue Ridge, Texas, offering affordable, upgraded homes with diverse floor plans.

When is the grand opening celebration?

The grand opening celebration for Blue Ridge Crossing will be held on August 8–9, 2026, featuring limited-time savings for homebuyers.

What types of homes are available at Blue Ridge Crossing?

Blue Ridge Crossing offers homes with three to five bedrooms, including 11 thoughtfully designed floor plans ranging from 1,300 to 2,500 square feet.

What features do LGI Homes provide?

All homes in Blue Ridge Crossing include the CompleteHome™ package, featuring stainless steel appliances, premium countertops, energy-efficient features, and designer interiors.

How can prospective buyers get more information?

Prospective buyers can call (866) 897-9812 ext. 677 or visit the Blue Ridge Crossing Information Center for more information and tours.

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 Insider Trading Activity

$LGIH insiders have traded $LGIH stock on the open market 18 times in the past 6 months. Of those trades, 0 have been purchases and 18 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) has made 0 purchases and 6 sales selling 39,898 shares for an estimated $1,675,684.
MICHAEL LARRY SNIDER (President and COO) has made 0 purchases and 6 sales selling 13,887 shares for an estimated $583,777.
CHARLES MICHAEL MERDIAN (CFO and Treasurer) has made 0 purchases and 3 sales selling 7,211 shares for an estimated $303,134.
SCOTT JAMES GARBER (General Counsel and Secretary) has made 0 purchases and 3 sales selling 1,353 shares for an estimated $56,877.

To track insider transactions, check out Quiver Quantitative's insider trading dashboard. You can access data on insider stock transactions through the Quiver Quantitative API insider transaction endpoint.

$LGIH Revenue

$LGIH had revenues of $319.7M in Q1 2026. This is a decrease of -9.02% from the same period in the prior year.

You can track LGIH financials on Quiver Quantitative's LGIH stock page.

You can access data on LGIH stock through the Quiver Quantitative API.

$LGIH Congressional Stock Trading

Members of Congress have traded $LGIH stock 5 times in the past 6 months. Of those trades, 4 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 TIM MOORE has traded it 5 times. They made 4 purchases worth up to $250,000 on 03/20, 03/19, 03/18, 03/12 and 1 sale worth up to $250,000 on 03/26.

To track congressional stock trading, check out Quiver Quantitative's congressional trading dashboard. You can access data on congressional stock trades through the Quiver Quantitative API Congress trades endpoint.

$LGIH Hedge Fund Activity

We have seen 96 institutional investors add shares of $LGIH stock to their portfolio, and 108 decrease their positions in their most recent quarter.

Here are some of the largest recent moves:

ATLAS FRM LLC added 640,000 shares (+inf%) to their portfolio in Q1 2026, for an estimated $25,299,200
MILLENNIUM MANAGEMENT LLC added 469,855 shares (+542.1%) to their portfolio in Q1 2026, for an estimated $18,573,368
MARSHALL WACE, LLP added 458,924 shares (+1256.0%) to their portfolio in Q1 2026, for an estimated $18,141,265
GOLDMAN SACHS GROUP INC added 378,710 shares (+135.5%) to their portfolio in Q1 2026, for an estimated $14,970,406
KHROM CAPITAL MANAGEMENT LLC removed 342,448 shares (-100.0%) from their portfolio in Q1 2026, for an estimated $13,536,969
VOSS CAPITAL, LP added 195,000 shares (+65.0%) to their portfolio in Q1 2026, for an estimated $7,708,350
CDAM (UK) LTD added 157,078 shares (+21.1%) to their portfolio in Q1 2026, for an estimated $6,209,293

To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard. You can access data on hedge funds moves and 13F filings through the Quiver Quantitative API 13F endpoint.

Full Release

BLUE RIDGE, Texas, July 24, 2026 (GLOBE NEWSWIRE) -- LGI Homes, Inc. (NASDAQ: LGIH) is proud to announce the grand opening of Blue Ridge Crossing , a brand-new community bringing affordable, upgraded homes to the growing town of Blue Ridge, Texas. Offering exceptional value, thoughtfully designed floor plans, and a desirable location, Blue Ridge Crossing provides homebuyers with the opportunity to enjoy small-town charm while staying conveniently located near the best that the north Dallas area has to offer.

Designed for a variety of lifestyles, Blue Ridge Crossing will include 212 homesites upon completion and a diverse collection of thoughtfully crafted homes with three, four, and five bedrooms. Every home is built with LGI Homes' renowned CompleteHome™ package, providing today's most desirable features and finishes without the added cost of upgrades. Homeowners will enjoy Whirlpool® stainless steel kitchen appliances, premium hard-surface countertops, designer cabinetry, luxury plank flooring, energy-efficient features, and professionally designed interiors that are move-in ready from day one.

Blue Ridge Crossing offers 11 floor plans ranging from approximately 1,300 to 2,500 square feet, giving buyers a variety of options to fit their needs. Homes are priced from the $290s and include spacious kitchens, open-concept living spaces, private owner's suites, versatile lofts, attached two-car garages, and outdoor living spaces designed for everyday comfort.

Available floor plans include:

Hawthorn – 3 beds, 2 baths, 2-car garage, 1,301 sq. ft.
Cedar – 3 beds, 2 baths, 2-car garage, 1,356 sq. ft.
Collin – 3 beds, 2 baths, 2-car garage, 1,425 sq. ft.
Colorado – 3 beds, 2.5 baths, 2-car garage, 1,561 sq. ft.
Sage – 3 beds, 2 baths, 2-car garage, 1,603 sq. ft.
Jasmine – 4 beds, 2 baths, 2-car garage, 1,752 sq. ft.
Primrose – 4 beds, 2.5 baths, 2-car garage, 1,772 sq. ft.
Jade – 3 beds, 2.5 baths, 2-car garage, 2,045 sq. ft.
Cypress – 4 beds, 2.5 baths, 2-car garage, 2,054 sq. ft.
Rockcress – 3 beds, 2.5 baths, 2-car garage, 2,232 sq. ft.
Cottonwood – 5 beds, 2.5 baths, 2-car garage, 2,501 sq. ft.

“We are excited to bring LGI Homes to Blue Ridge, Texas,” stated Gerardo Soria, Sales Manager at Blue Ridge Crossing. “With its welcoming small-town charm, Blue Ridge is the perfect setting for our affordable, quality-built homes. We are proud to offer homebuyers a unique opportunity to own a home and experience the peaceful lifestyle of this rural paradise.”

Beyond beautifully designed homes, Blue Ridge Crossing offers a location that makes it easy to enjoy both peaceful living and everyday convenience. Positioned near Melissa, McKinney, and other nearby employment and shopping destinations, residents will enjoy the welcoming atmosphere of Blue Ridge. Families will appreciate being zoned to the highly regarded Blue Ridge Independent School District, and outdoor enthusiasts can enjoy nearby parks, walking trails, and the recreational opportunities at Lavon Lake, including boating, fishing, camping, and waterfront activities.

To celebrate the grand opening, LGI Homes will host a special sales event on August 8–9, 2026, featuring exclusive, limited-time savings available only during the event weekend. Prospective homebuyers are invited to explore available floor plans and learn more about the exceptional value offered at Blue Ridge Crossing.

For more information or to schedule a tour, interested buyers can call (866) 897-9812 ext. 677 or visit the Blue Ridge Crossing Information Center located at 111 Cotton Gin Avenue, Blue Ridge, Texas.

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. LGI Homes has closed over 80,000 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 https://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/14e3349f-43f9-4de2-8307-cd2f556e836d