Wright Landing affordable housing in SpringWright Landing affordable housing in Springhttps://www.recenter.tamu.edu/news/newstalk-texas/?Item=45602014-03-27T07:01:00Z2014-03-27T00:00:00Z

SPRING - Gracepoint Homes seems to have struck gold combining a popular location with comparatively affordable housing prices.

Texas-based Gracepoint began purchasing additional properties in 2011 in north Houston within five miles of the announced Exxon Mobil headquarters. One property, Wrights Landing, an 85-acre tract two miles east of I-45 and near an extension of the Grand Pkwy. is breaking the mold.

While so many of the surrounding communities are courting buyers with high salaries and luxury taste, Wrights Landing, which opened six weeks ago, features 306 single-family homes priced between $230,000 and $340,000. And the plan is working.

Even without a completed model home to show prospective buyers, Gracepoint has already sold five houses in three and a half weeks.

The craftsman-style homes in Wrights Landing will range in size from 2,055 to 3,800 sf.

Houston Business Journal
Houston-The Woodlands-Sugar Land
http://www.bizjournals.com/houston/blog/breaking-ground/2014/03/homebuilder-targets-grand-parkway-with-affordable.htmlRead more at {Source}

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