LGI Homes is selling homes on half-acre lots under its Terrata Homes luxury brand in a new section of the Magnolia Reserve community northwest of The Woodlands. The community is off FM 149, north of FM 1488, in Magnolia.
Terrata offers seven floor plans ranging from 2,603 square feet to 4,096 square feet with prices from the $380,000s. The houses are designed with open floor plans, private master suites, game rooms, private offices, formal dining rooms and outdoor living spaces with kitchens. The properties contain up to four bedrooms, three full baths and two half baths.
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Community amenities include two dog parks, a playground, party pavilion and barbecue grills.
Based in The Woodlands, LGI completed the sale of 134 Terrata Homes in 2019 at an average sales price of $418,000, according to the company. Overall, LGI closed 7,690 homes at an average of $239,032 last year.
