Tomball - Magnolia Edition | July 2021

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149

1486

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1,324 VACANT DEVELOPED LOTS

1488

More than a dozen developments are proposed or underway in the Greater Magnolia area to add housing, ranging from multifamily units to master-planned communities. This list is noncomprehensive.

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MAGNOLIA

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in the three Magnolia ZIP codes as of the rst quarter of 2021, which are lots ready for home construction to begin. were identied for future homes in the three ZIP codes as of the rst quarter of 2021. 18,854 FUTURE LOTS 42.94% INCREASE year over year from the 13,190 future lots anticipated in the rst quarter of 2020.

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1774

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2978

1488

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PINEHURST

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249

STAGECOACH RD.

BUTERA RD.

HUFSMITH KOHRVILLE RD.

ZION RD.

DECKER PRAIRE ROSEHILL RD.

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2 CREEKSIDE COURT Homes: 97 homes Status: Model homes underway Build-out: TBD 3 ENCLAVE AT DOBBIN Homes: 200+ residences Status: Construction ongoing Build-out: TBD 4 EMPIRE COMMUNITIES Homes: 800 homes Status: Beginning 2022 Build-out: TBD

8 MAGNOLIA VILLAGE

5 ESCONDIDO Homes: 600 homes Status: Construction ongoing Build-out: TBD 6 MAGNOLIA RIDGE Homes: 700 homes Status: Building ongoing Build-out: 4-4.5 years

11 THEPRESERVE Homes: 50 homes Status: Infrastructure underway Build-out: TBD 12 ROSEHILL MEADOWS Homes: 250 homes Status: Construction ongoing Build-out: TBD 13 TIMBER HOLLOW Homes: 105 homes Status: Coming fall 2021 Build-out: TBD

Homes: 300 multifamily units Status: Slated for fall 2022 Build-out: TBD

9 MILL CREEK TRAILS

Audubon is amaster-planned community taking shape along FM 1488 at Hwy. 249.

Homes: 445 homes Status: Construction ongoing Build-out: 2024 10 MUSTANG RIDGE Homes: 226 homes Status: Model homes underway Build-out: TBD

7 MAGNOLIA SPRINGS

1 AUDUBON Homes: 4,200 homes Status: Model homes open Build-out: 15-20 years

Homes: 1,900 homes Status: First lots in late 2021 Build-out: TBD

SOURCES: VARIOUS DEVELOPERSCOMMUNITY IMPACT NEWSPAPER

1,900-home master-planned com- munity by Signorelli Co., are still to come, Community Impact Newspaper previously reported. However, Magnolia Mayor Todd Kana said the growth brings infra- structure challenges for the city. “I’ve been here my whole life, and it’s kind of strange and unbelievable to see,” Kana said. “To sit back and look at all the dierent developments and all the houses that are most likely going to be here 10 years from now— for someone born and raised here, it’s just unbelievable.” Magnolia’s attraction As new communities continue pop- ping up, developers said the area’s

environment makes it an attractive place to build homes. High Meadow Development Co. has been constructing homes for 50 years in the Magnolia area. That includes The Preserve on Alford Road, a new pocket community for which roads are being laid, said Derrick Witte, director of marketing for the company. He said Magnolia oers a “unique product” with open spaces and wooded areas while still being relatively close to the city of Houston. “One of the phrases Jack Frey, our original founder, used to say was, ‘[Magnolia] is where the city meets the country,’” Witte said. With the extension of Hwy. 249 easing the commute to and from

Magnolia, Steve Sellers, president of the Texas land division for Empire Continental Land, said the tollway has opened up the area for growth. Empire Continental Land is planning a 221-acre community with close to 800 homes at FM 1488 and Iron Ore Road; construction is slated to start next summer, Sellers said. Sellers said he believes the COVID- 19 pandemic and telecommute opportunities have also motivated residents to move to more suburban areas such as Magnolia. “The idea of moving farther out appeals to people when they don’t have the same commuting issues we might have had before and opportuni- ties to work remotely,” he said.

Lawrence Dean, Houston regional director for Zonda, which provides real estate data for Metrostudy, said he attributes Magnolia’s sudden growth to its connection with Hwy. 249 and the availability of several multithousand-acre tracts of land. “This was an area destined to see growth,” Dean said. “We just needed better transportation infrastructure to be able to get there more eciently.” Meeting demand With prospective homebuyers eager for homes inMagnolia, there are not enough lots or homes to satisfy demand, said Matt Sneller, owner of Sneller Custom Homes, which builds and remodels in the Magnolia area.

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COMMUNITY IMPACT NEWSPAPER • COMMUNITYIMPACT.COM

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