LGI Homes Expands Into Nevada With Affordable New Homes in Las Vegas

LGI Homes, Inc. (Nasdaq:LGIH) announces the opening of Lake Mead Dolly, the company’s first community in the state of Nevada in northeast Las Vegas.

LGI Homes expands into the Las Vegas market with the opening of the Lake Mead Dolly community offering new homes starting in the low-$200s.

“Las Vegas is a hot real estate market that we’ve had our eye on for some time,” says Ron Christian, Vice President of Sales for the region. “We are thrilled to see so much excitement from customers who have finally found an opportunity to own a home for an affordable price so close to the city.”

Located near the Las Vegas Freeway and only minutes northeast of the downtown Las Vegas area, Lake Mead Dolly residents will be in close proximity to the incredible attractions and nightlife of the Las Vegas Strip and the iconic Fremont Street.

“Customers are not only embracing the fact that they can own a home in a prime location, but also the fact that each of our homes includes impressive upgrades,” said Christian.  Every home at Lake Mead Dolly includes energy-efficient kitchen appliances, spacious granite countertops and covered patios. These features and more add up to over $10,000 in upgrades and come standard at no additional cost. From 3-bedroom, 1.5-bathroom homes with private master retreats to 4-bedroom, 2.5-bathroom homes with lofts and spacious living areas, each floor plan at Lake Mead Dolly is uniquely designed with the customer in mind.

New move-in ready inventory is now available starting in the low-$200s. Perks such as $0 down financing options and builder paid closing costs are available. For more information on available homes, interested homebuyers are encouraged to call [phone] ext. 3140 or visit www.LGIHomes.com.

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, Tennessee, Minnesota, Oklahoma, Alabama, California, Oregon and Nevada. The Company has a notable legacy of more than 15 years of homebuilding operations, over which time it has closed over 27,000 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(281) 362-8998 ext. 2560

A photo accompanying this announcement is available at http://www.globenewswire.com/NewsRoom/AttachmentNg/cab716a3-226d-4915-808e-a70f4c58da1c