LGI Homes Launches New Premier Master Planned Community at Magnolia Woods
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 athttps://www.globenewswire.com/NewsRoom/AttachmentNg/104833c6-d8ba-468f-860f-21f92bffdeb4
https://www.globenewswire.com/NewsRoom/AttachmentNg/5dedfa2b-f421-4d83-8fbc-a9b60d9565ec
Hashtags
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Los Angeles Times
32 minutes ago
- Los Angeles Times
Oil prices leap 7% and US stocks slump more than 1% on worries about the crude market
NEW YORK — Oil prices leaped, and stocks slumped Friday on worries that escalating violence following Israel's attack on Iranian nuclear and military targets could damage the flow of crude around the world, along with the global economy. The Standard & Poor's 500 sank 1.1% and wiped out what had been a modest gain for the week. The Dow Jones Industrial Average dropped 769 points, or 1.8%, and the Nasdaq composite lost 1.3%. The strongest action was in the oil market, where the price of a barrel of benchmark U.S. crude jumped 7.3% to $72.98. Brent crude, the international standard, rose 7% to $74.23 for a barrel. Iran is one of the world's major producers of oil, though sanctions by Western countries have limited its sales. If a wider war erupts, it could slow the flow of Iran's oil to its customers and keep the price of crude and gasoline higher for everyone worldwide. Beyond the oil coming from Iran, analysts also pointed to the potential for disruptions in the Strait of Hormuz, a relatively narrow waterway off Iran's coast. Much of the world's oil that's been pulled from the ground moves through it on ships. Past attacks involving Iran and Israel have seen prices for oil spike initially, only to fall later 'once it became clear that the situation was not escalating and there was no impact on oil supply,' according to Richard Joswick, head of near-term oil at S&P Global Commodity Insights. That has Wall Street waiting to see what will come next. U.S. stock prices dropped to their lowest points for the day after Iran launched ballistic missiles toward Israel. For now, the price of oil has jumped, but it's still lower than it was earlier this year. 'This is an economic shock that nobody really needs, but it is one that seems more like a shock to sentiment than to the fundamentals of the economy,' said Brian Jacobsen, chief economist at Annex Wealth Management. That in turn sent U.S. stocks to a loss that was notable in size but outside their top 15 for the year so far. Companies that use a lot of fuel as part of their business and need their customers feeling confident enough to travel fell to some of the sharpest losses. Cruise operator Carnival dropped 4.9%. United Airlines sank 4.4%, and Norwegian Cruise Line Holdings fell 5%. They helped overshadow gains for U.S. oil producers and other companies that could benefit from increased fighting between Israel and Iran. Exxon Mobil rose 2.2%, and ConocoPhillips gained 2.4% because the leaping price of crude portends bigger profits for them. Contractors that make weapons and defense equipment also rallied. Lockheed Martin, Northrop Grumman and RTX all rose more than 3%. The price of gold climbed as investors searched for safer places to park their cash. An ounce of gold added 1.4%. Often, prices for Treasury bonds will likewise rise when investors are feeling nervous. That's because U.S. government bonds have historically been seen as some of the safest options around. But Treasury prices fell Friday, which in turn pushed up their yields, in part because of worries that a spike in oil prices could drive inflation higher. Inflation has remained relatively tame recently, and it's near the Federal Reserve's target of 2%, but worries are high that it could be set to accelerate because of President Donald Trump's tariffs. That sent the yield on the 10-year Treasury up to 4.41% from 4.36% late Thursday. Higher yields can tug down on prices for stocks and other investments, while making it more expensive for U.S. companies and households to borrow money. A better-than-expected report Friday on sentiment among U.S. consumers also helped drive yields higher. The preliminary report from the University of Michigan said sentiment improved for the first time in six months after Trump put many of his tariffs on pause, while U.S. consumers' expectations for coming inflation eased. On Wall Street, Adobe fell 5.3% even though the company behind Photoshop reported a stronger profit for the latest quarter than Wall Street expected. Analysts called it a solid performance but said investors may have been looking for some bigger revenue forecasts for the upcoming year. Shares of Brazilian meat giant JBS fell 3.9% as they made their debut on the New York Stock Exchange. The company wants to increase access to its shares among global investors, despite criticism from environmental groups, U.S. lawmakers and others who noted JBS' record of corruption, monopolistic behavior and environmental destruction. All told, the S&P 500 fell 68.29 points to 5,976.97. The Dow Jones Industrial Average dropped 769.83 to 42,197.79, and the Nasdaq composite sank 255.66 to 19,406.83. In stock markets abroad, indexes slumped across Europe and Asia. France's CAC 40 lost 1%, and Germany's DAX dropped 1.1% for two of the larger losses. Choe, McHugh and Junzhe write for the Associated Press.
Yahoo
40 minutes ago
- Yahoo
Chegg, Victoria's Secret, Blink Charging, Applied Digital, and Peloton Stocks Trade Down, What You Need To Know
A number of stocks fell in the afternoon session after the major indices pulled back (Nasdaq -1.3%, S&P 500 -1.1%) as Israel carried out significant strikes on Iranian nuclear and military sites, dramatically escalating fears of a broader conflict in the Middle East. This development has sent crude oil prices surging, as investors fear potential disruptions to global oil supply and a wider regional conflict. The conflict intensified market anxiety, compounding volatility, especially in risk assets like stocks, and prompting a pronounced shift toward safe-haven assets. The stock market overreacts to news, and big price drops can present good opportunities to buy high-quality stocks. Among others, the following stocks were impacted: Consumer Subscription company Chegg (NYSE:CHGG) fell 7.1%. Is now the time to buy Chegg? Access our full analysis report here, it's free. Apparel Retailer company Victoria's Secret (NYSE:VSCO) fell 6.4%. Is now the time to buy Victoria's Secret? Access our full analysis report here, it's free. Renewable Energy company Blink Charging (NASDAQ:BLNK) fell 6.3%. Is now the time to buy Blink Charging? Access our full analysis report here, it's free. Enterprise Networking company Applied Digital (NASDAQ:APLD) fell 9.9%. Is now the time to buy Applied Digital? Access our full analysis report here, it's free. Consumer Electronics company Peloton (NASDAQ:PTON) fell 5.4%. Is now the time to buy Peloton? Access our full analysis report here, it's free. Applied Digital's shares are extremely volatile and have had 115 moves greater than 5% over the last year. In that context, today's move indicates the market considers this news meaningful but not something that would fundamentally change its perception of the business. The previous big move we wrote about was 11 days ago when the stock gained 51% on the news that it signed two long-term lease agreements for artificial intelligence data centers with Nvidia-backed AI hyperscaler CoreWeave. APLD is expected to deliver 250 megawatts (MW) of power for CoreWeave's AI and high-performance computing (HPC) infrastructure at its North Dakota data center campus. The bigger takeaway is financial: across the 15-year term, these contracts are expected to generate about $7 billion in revenue, providing significant long-term financial visibility for Applied Digital. The stock's reaction suggested investors viewed the deals as both a reliable new stream of recurring income and a clear signal that Applied Digital is well positioned in the rapidly expanding AI-data-center space. Applied Digital is up 43.3% since the beginning of the year, but at $11.18 per share, it is still trading 19.4% below its 52-week high of $13.86 from June 2025. Investors who bought $1,000 worth of Applied Digital's shares 5 years ago would now be looking at an investment worth $124,196. Unless you've been living under a rock, it should be obvious by now that generative AI is going to have a huge impact on how large corporations do business. While Nvidia and AMD are trading close to all-time highs, we prefer a lesser-known (but still profitable) semiconductor stock benefiting from the rise of AI. Click here to access our free report on our favorite semiconductor growth story.
Yahoo
40 minutes ago
- Yahoo
fuboTV, Fastly, Norwegian Cruise Line, Designer Brands, and OneWater Shares Plummet, What You Need To Know
A number of stocks fell in the afternoon session after the major indices pulled back (Nasdaq -1.3%, S&P 500 -1.1%) as Israel carried out significant strikes on Iranian nuclear and military sites, dramatically escalating fears of a broader conflict in the Middle East. This development has sent crude oil prices surging, as investors fear potential disruptions to global oil supply and a wider regional conflict. The conflict intensified market anxiety, compounding volatility, especially in risk assets like stocks, and prompting a pronounced shift toward safe-haven assets. The stock market overreacts to news, and big price drops can present good opportunities to buy high-quality stocks. Among others, the following stocks were impacted: Media company fuboTV (NYSE:FUBO) fell 6.5%. Is now the time to buy fuboTV? Access our full analysis report here, it's free. Content Delivery company Fastly (NYSE:FSLY) fell 8.8%. Is now the time to buy Fastly? Access our full analysis report here, it's free. Travel and Vacation Providers company Norwegian Cruise Line (NYSE:NCLH) fell 5.2%. Is now the time to buy Norwegian Cruise Line? Access our full analysis report here, it's free. Footwear Retailer company Designer Brands (NYSE:DBI) fell 7.3%. Is now the time to buy Designer Brands? Access our full analysis report here, it's free. Boat & Marine Retailer company OneWater (NASDAQ:ONEW) fell 13.7%. Is now the time to buy OneWater? Access our full analysis report here, it's free. OneWater's shares are extremely volatile and have had 49 moves greater than 5% over the last year. But moves this big are rare even for OneWater and indicate this news significantly impacted the market's perception of the business. The previous big move we wrote about was 17 days ago when the stock gained 7.2% on the news that the major indices rebounded (Nasdaq +2.0%, S&P 500 +2.0%) as President Trump postponed the planned 50% tariff on European Union imports, shifting the start date to July 9, 2025. Companies with substantial business ties to Europe likely had some relief as the delay reduced near-term cost pressures and preserved cross-border demand. OneWater is down 20.3% since the beginning of the year, and at $13.69 per share, it is trading 55.1% below its 52-week high of $30.48 from July 2024. Investors who bought $1,000 worth of OneWater's shares 5 years ago would now be looking at an investment worth $636.45. Unless you've been living under a rock, it should be obvious by now that generative AI is going to have a huge impact on how large corporations do business. While Nvidia and AMD are trading close to all-time highs, we prefer a lesser-known (but still profitable) semiconductor stock benefiting from the rise of AI. Click here to access our free report on our favorite semiconductor growth story. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
