We’re really trying to offer a first-in-class experience.” “There’s so much demand for affordable, quality homes. “This gives people an opportunity at a different price point to come in and still own a home,” White said. Courtesy Live Lone Star / Courtesy Live Lone Star It's one of six communities the developer is launching in Texas. Houston developer Live Lone Star has broken ground on The Landing at Pearland, a new upscale manufactured home community south of Houston. White said manufactured homes offer a solution. Nearly half of all Houstonians can’t afford to buy a home here, according to the Houston Association of Realtors. Live Lone Star is launching its community when homeownership is slipping out of reach for more Houstonians as prices and mortgage rates rise. On : Houston homebuyers grasping for any deal may get shut out by higher mortgages (This excludes the cost of land, which is either leased or purchased separately.) In comparison, the average home prices hit $426,061 in Houston in April, according to Houston Association of Realtors. The average price for a manufactured home was $123,500 at the end of last year within the south region, which includes Texas, according to Census data. “We really want to provide a great alternative for people here in Texas and we’re excited to offer these amenity-rich neighborhoods.”īut prices will be much lower than a standard home in a typical gated community. “When people hear manufactured homes the first thing they think of is a trailer park - that’s not glamorous,” said Chris White of Live Lone Star, a Jacob White Construction executive who started Live Lone Star last year with Jeff Mickler and Sean Mickler. MOBILE HOMES: Texas' ‘Queen of Mobile Homes’ is running a Ponzi scheme, investors say Its Pearland community, called The Landing at Pearland, will have a 6,000 square-foot clubhouse, a resort-style pool, a workout facility, event lawns, playgrounds, dog parks and sports courts. Live Lone Star wants to elevate the standard approach to a mobile home park by creating gated communities with some of the same perks found in master-planned neighborhoods. The developer - started by executives at Houston-based Jacob White Construction - aims to hit the sweet spot between luxury and affordability.
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