A Houston company is bringing 3,000 Texas-made homes from Pearland

The words “luxury” and “mobile homes” don’t often go together, but that’s exactly what a Houston construction company wants to achieve when they embark on the launch of six communities across Texas capable of housing nearly 3,000 manufactured homes.

Live Lone Star recently pioneered a $ 34 million, 420-home community at 17730 County Road 127 in Pearland. The 55-acre project will be followed by communities in the Tomball area (including a community at 20,500 FM 2920 in Hockley), as well as Santa Fe, San Antonio, New Braunfels and Corpus Christi. Each community is expected to start welcoming residents next year.

The developer, started by executives at Houston-based Jacob White Construction, aims to hit the sweet spot between luxury and affordability. Live Lone Star wants to raise the standard approach to a mobile home park by creating gated communities with some of the same benefits found in planned neighborhoods.

Its Pearland community, called The Landing at Pearland, will have a 6,000-square-foot clubhouse, resort-style pool, gym, event lawns, playgrounds, dog parks, and sports fields.

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“When people hear manufactured homes, the first thing they think of is a trailer park – it’s not glamorous,” said Chris White of Live Lone Star, an executive at Jacob White Construction who started Live Lone Star last year. with Jeff Mickler and Sean Mickler. “We really want to provide a great alternative for people here in Texas and are thrilled to offer these service-rich neighborhoods.”

But the prices will be much lower than a standard home in a typical gated community. The average price for a manufactured home was $ 123,500 at the end of last year within the southern region, which includes Texas, according to census data. (This excludes the cost of the land, which is rented or purchased separately.) By comparison, median home prices reached $ 426,061 in Houston in April, according to the Houston Association of Realtors.

Live Lone Star is launching its community when home ownership is escaping the reach of more Houstonians as prices and mortgage rates rise. Nearly half of all Houstonians cannot afford to buy a home here, according to the Houston Association of Realtors.

White said fabricated homes offer a solution.

Houston developer Live Lone Star has pioneered The Landing at Pearland, a new luxury home community south of Houston. It is one of six communities that the developer is launching in Texas.

Courtesy Live Lone Star / Courtesy Live Lone Star

“This gives people the opportunity at a different price to move in and still own a home,” White said. “There is so much demand for affordable, quality homes. We are really trying to offer a first-class experience. “

Like the rest of the real estate sector, the manufacturing construction sector exploded during the pandemic as demand increased. Manufacturing home manufacturers have a backlog of about 8-9 months in Texas, roughly double what was typically pre-pandemic, said Rob Ripperda, vice president of operations at the Texas Manufactured Housing Association, an industrial trading group with based in Austin.

The association expects shipments of Texas-made homes to increase 13-14 percent to approximately 20,100 units this year.

Live Lone Star represents a niche in the home manufacturing sector companies that cater to owners seeking a more luxurious lifestyle. Roberts Resort in Scottsdale, Arizona. Well yes! Denver communities are established players in the luxury manufacturing house space with communities across Texas, TMHA’s Ripperda noted.

Amenities can include things like resort-style pools, miniature golf, playgrounds, sports fields, dog parks and beach access, and boat launches for waterfront communities, according to the Roberts Resorts website.

“If you go to the parks of a Roberts Resorts, for example, it’s pretty cool and it’s not what most people expect when they hear homes being manufactured,” Ripperda said. “These are true lifestyle communities that have a lot to offer.”

In communities planned by Live Lone Star, homeowners would purchase a new manufactured home – which can range between $ 80,000 and $ 150,000 – depending on size and features, then typically enter into a 5-year lease to rent the land where the house would be located. Live Lone Star’s monthly leases range from $ 550 to $ 675 per month.

Unlike a standard site built home, a manufacturing home is considered a movable personal property, not a real estate property, so buyers in need of financing take out what is known as a real estate loan rather than a standard mortgage. Interest rates for securities loans are higher, typically between 7.75 and 10.5 percent, according to Bankrate.com.

The 30-year average fixed-rate mortgage was about 5.1% last week, according to Freddie Mac, the government-sponsored mortgage lender.

Live Lone Star’s goal is to keep rents low enough so that monthly landlords payments and land rents combined do not exceed the cost of renting a two-bedroom apartment in the area. affirmed White of Live Lone Star. Average rents for two-bedroom apartments are approximately $ 1,840 in the Pearland area and $ 1,380 in the Tomball area, according to ApartmentList.com, an online apartment market.

Live Lone Star will work with a management company to maintain the land. Residents must pass background checks and adhere to community guidelines on landscaping, noise, dog breed requirements, and visitor access. Only newly built homes will be allowed in communities and homes will have to meet specific architectural requirements.

The goal, White said, is to change the “perception of factory-built housing.”

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