Houston Brings 3,000 Manufactured Homes to Texas Starting in Pearland

The words “luxury” and “mobile homes” often don’t go together — but that’s exactly what a Houston-based construction company wants to achieve as it sets out to launch six communities across Texas capable of outfitting nearly 3,000 manufactured homes.

Live Lone Star recently launched the groundbreaking for a community of 420 homes valued at $34 million at 17730 County Road 127 in Pearland. The 55-acre project will follow communities in the Tomball area (including the community at 20500 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 – initiated by executives at Houston-based Jacob White Construction – aims to reach the perfect point between luxury and affordability. Live Lone Star wants to elevate the standard approach to a motorhome park by creating gated communities with some of the same perks found in master planned neighborhoods.

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

Mobile homes: Investors say Queen of Mobile Homes in Texas is running a Ponzi scheme

“When people hear manufactured homes, the first thing they think of is a trailer park — it’s not magical,” said Chris White of Live Lone Star, CEO of 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 we’re excited to offer these amenities-rich neighborhoods.”

But the prices will be much lower than an ordinary house 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 that includes Texas, according to census data. (Excluding the cost of land leased or purchased separately). By comparison, home prices averaged $426,061 in Houston in April, according to the Houston Association of Realtors.

Live Lone Star launches its community when home ownership becomes out of reach of more Houstonians Mortgage rates and rates are rising. Nearly half of all Houstonians cannot buy a home here, according to the Houston Association of Realtors.

White said manufactured homes offer a solution.

Houston developer Live Lone Star has created the cornerstone of The Landing at Pearland, an upscale modern home community south of Houston. It is one of six communities launched by the developer in Texas.

Courtesy Live Lone Star / Courtesy Live Lone Star

“This gives people an opportunity at a different price point to get into the house and still own it,” White said. “There is a huge demand for quality, affordable homes. We really try to provide a first-class experience.”

Like the rest of the housing industry, the industrial housing sector has boomed in the shadow of the pandemic with demand soaring. Rob Ripperda, vice president of operations for the Texas Manufactured Housing Association, an Austin-based industry trade group, said manufactured home producers have a backlog of about 8 to 9 months in Texas, about double what they typically had before the pandemic.

The association expects shipments of manufactured homes in Texas to grow 13 to 14 percent to about 20,100 units this year.

Live Lone Star is a niche in the home industry that manufactures Companies that cater to owners who are looking for a more luxurious lifestyle. Roberts Resorts in Scottsdale, Arizona. And yes! Denver communities are firm players in the luxury home made An area with communities across Texas, TMHA’s Ripperda noted.

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

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

In planned Live Lone Star communities, homeowners will purchase a new home — which can range between $80,000 and $150,000 — depending on size and features, and then typically enter into a 5-year lease to lease the land where the home will be located. Monthly leases for Live Lone Star range from $550 to $675 per month.

Unlike a home that is built on a standard site, a manufactured home is considered movable personal property, not real estate, so buyers who need financing take what’s known as a heirloom loan instead of a standard mortgage. Interest rates on chattel loans are higher, typically 7.75 to 10.5 percent, according to Bankrate.com.

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

The White of Live Lone Star said the Live Lone Star’s goal is to keep rental rates low enough that monthly payments to owners and land rents together do not exceed the cost of renting a two-bedroom apartment in the area. Average rents for two-bedroom apartments are about $1,840 in the Pearland area and $1,380 in the Tomball area, according to ApartmentList.com.And the Online marketplace for apartments.

Live Lone Star will partner with a management company to conserve the Earth. Residents must pass background checks and adhere to community guidelines about landscaping, noise, kennel requirements, and visitor access. Only newly built homes will be allowed in the communities and homes must meet specified architectural requirements.

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

[email protected], twitter.com/marissaluck7



Leave a Reply

%d bloggers like this: