Three Land Tejas developments earned spots on a list of the nation’s top-selling master-planned communities.
According to the mid-year tally released July 12 by housing research firm Robert Charles Lesser & Co. (RCLCO), the developer’s Balmoral, Sierra Vista and Lago Mar communities are among the top 50 best-selling master-planned communities in the country
“All three of these developments have key components that families are looking for when purchasing a home in the Houston area,” said Land Tejas COO James Henrie. “They offer access to good schools, convenient locations with easy access to major thoroughfares, resort-style amenities and an excellent line-up of home builders.”
Balmoral in Humble is now the No. 1 best-selling community in Houston. It ranks No. 2 in Texas and sits at the No. 12 spot nationally on the mid-year report. The community reported 458 home sales year-to-date, up 12 percent over last year.
Sierra Vista is ranked at No. 20 and No. 4 in Houston with 397 home sales. Sales in the South Houston community were up 52 percent over the previous year.
Lago Mar in Texas City, home of the largest Crystal Lagoons® amenity in Texas, nabbed the No. 35 spot nationally and No. 6 in Houston. Sales rose 34 percent to 297 new-home sales over the previous year in Lago Mar.
Rankings are based on total net home sales. Only true master-planned communities that have been developed from a comprehensive master plan and feature a variety of housing types, sizes, prices and amenities are included, according to RCLCO.
Land Tejas was founded in 1997. In addition to Balmoral, Sierra Vista/Sterling Lakes and Lago Mar, current projects include Bridge Creek, Harmony, Vanbrooke, Wedgewood Forest, Marvida, Sunterra and Cypress Green.