Texas CRE News In Your Inbox.
Sign up for Connect emails to stay informed with CRE stories that are 150 words or less.
Manufactured Housing Trend Hits Lake Conroe
Manufactured home communities have become more popular recently, with rising single-family home prices and mortgage interest rates pricing out many first-time homebuyers. Customers buy the structures and rent the space it’s on, often at a lower combined monthly payment than a standard house payment.
Phoenix-based Inspire Communities has developed Rockrose Ranch at Lake Conroe, a 170-acre community. Amenities will be tailored for the 55 and over crowd, and different options will be available for all ages. Both include a pool, picnic area, dog park and the lake.
The active-adult homes will be rentals from manufacturers Clayton Homes, Champion Homes, Palm Harbor Homes and Oak Creek Homes, while those manufacturers’ dealers sell homes directly to buyers in the all-ages section.
The two- and three-bedroom, two-bathroom homes range from 880 to 1,848 square feet and have front porches, vaulted ceilings and open-concept living areas. They are priced between about $130,000 and $230,000. A nearby similar project has monthly fees in the $650 a month range.
- ◦Development

