LGI Homes Announces the Opening of Magnolia Reserve, its first Terrata Homes community in the Houston Market

LGI Homes, Inc. (Nasdaq:LGIH) announced that Terrata Homes is now offering luxurious new homes in the beautiful Magnolia Reserve community. Located 25 minutes from The Woodlands, residents of Magnolia Reserve enjoy close proximity to the area’s major employers, such as Anadarko and Aon Hewitt, and easy access to the area’s best shopping, dining and world-class entertainment. Magnolia Reserve combines oversized homesites with exclusive, premium construction, family oriented amenities, and access to excellent Magnolia ISD schools. This retreat provides extra room for the kids to run and a serene environment for families to relax and enjoy. 

With exclusive designs to fit every lifestyle, Terrata Homes combines functionality, quality and elegance while offering new homes constructed with beautiful craftsmanship, high quality materials and superior interior finishes. At Magnolia Reserve, Terrata showcases homes with impeccable architecture and a focus on attention to detail, both of which are truly highlighted by this luxury brand.

Five incredible floor plans, ranging from 2,600 to over 4,000 sq. ft., are currently being offered at Magnolia Reserve, including spacious single-story and two-story floor plans. Each new home offers gorgeous granite countertops, stainless steel kitchen appliances, spacious master retreats, soaring ceilings, expansive patios and covered outdoor kitchens. In addition, the open floor plans include attached 2-car and 3-car garages, upgraded front yard landscaping and a 10-year structural warranty. Homebuyers now have the opportunity to own a brand new home at Magnolia Reserve starting in the mid $300s.

For additional information regarding these homes, as well as information on specials and incentives, interested homebuyers are encouraged to call [phone] ext. 258 or visit www.TerrataHomes.com today.

About LGI Homes, Inc.

Headquartered in The Woodlands, Texas, LGI Homes, Inc. engages in the design, construction and sale of homes in Texas, Arizona, Florida, Georgia, New Mexico, Colorado, North Carolina, South Carolina, Washington and Tennessee. The Company has a notable legacy of more than 13 years of homebuilding operations, over which time it has closed over 16,000 homes. For more information about the Company and its new home developments, please visit the Company's website at www.LGIHomes.com.

MEDIA CONTACT: Rachel Eaton, [phone]