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Residential

Feb 15, 2024

Landmark Properties Acquires 23.5-Acre Site for Build-to-Rent Community In Conroe, Texas

Landmark Properties, a premier real estate firm renowned for its expertise in development, construction, investment management, and operation of exceptional residential communities, has recently made a significant acquis…

Landmark Properties Acquires 23.5-Acre Site for Build-to-Rent Community In Conroe, Texas
Traded Media
Traded Media

Traded Editorial

3 min read

Landmark Properties, a premier real estate firm renowned for its expertise in development, construction, investment management, and operation of residential communities, has recently made a significant acquisition. They have secured a sprawling 23.5-acre development site in the vibrant northern Houston suburb of Conroe, Texas. Here, amid the picturesque landscape of 7711 Longmire Road, the visionary team at Landmark Properties has commenced the construction of an exceptional build-to-rent (BTR) community - The Everstead at Conroe.

Conroe has emerged as a booming city, experiencing an impressive population growth of over double in the past decade. In fact, it was ranked as the #1 boomtown in the entire state of Texas and sixth nationwide in 2022. Drawing in a diverse range of individuals, from aspiring young professionals to flourishing families and those seeking a new chapter in their lives, Conroe boasts an array of compelling attributes. These include thriving employment opportunities, esteemed schools, and abundant outdoor amenities that cater to every lifestyle.

A Tranquil Oasis in the Heart of Conroe

Welcome to The Everstead, a remarkable residential community nestled just 20 minutes north of The Woodlands. Here, amidst the lush surroundings, you will find yourself surrounded by tranquility and convenience. The Everstead offers an unparalleled living experience with its mix of two-bedroom and three-bedroom build-to-rent ranch homes and townhomes. With a range of 136 one- and two-story buildings, there is a perfect home for everyone.

Designed with your well-being in mind, The Everstead boasts a 2,817 square foot clubhouse, featuring a state-of-the-art fitness center and amenity areas for your enjoyment. Indulge in the resort-style swimming pool, unwind at the dog park, or spend quality time at the playground. For those seeking an active lifestyle, the community offers pickleball and bocce courts. With on-site maintenance and management, you can rest easy knowing your needs are always taken care of.

Discover a world of convenience as The Everstead provides parking for 567 vehicles, ensuring hassle-free access to your home. And with its prime location, you'll find endless attractions just a short drive away. Explore the vibrant 27,000-acre master-planned community of The Woodlands, boasting an impressive 25 million square feet of office space and a bustling workforce of over 100,000. Whether it's shopping, dining, or entertainment, you'll find it all in close proximity.

A New Era in Rental Housing

As the demand for rental housing continues to skyrocket, Landmark's BTR Division has emerged as a game-changer in the market. Introducing The Everstead at Conroe, a prime example of Landmark's commitment to excellence and innovation in developing single-family rental home neighborhoods. With a pulse on the shifting dynamics of homeownership costs and changing preferences, Landmark is poised to rapidly expand its single-family rental portfolio through a fully integrated platform.

The Everstead at Conroe symbolizes Landmark's dedication to addressing the pressing need for rental housing nationwide. In 2021, Landmark pioneered its BTR Division, aiming to meet the escalating demand for high-quality rental homes. By strategically managing numerous ongoing projects and securing future developments, Landmark is well-equipped to seize this immense opportunity and cater to the evolving needs of modern residents.

Landmark Properties Sets the Stage for Future Development

With completion expected in late 2025, this endeavor promises to transform the landscape and bring a fresh perspective to the area. The first units of this innovative development are set to be delivered early next year, marking the beginning of a new chapter in construction excellence. Landmark Construction, well-known for their attention to detail and commitment to quality, will serve as the general contractor for this groundbreaking project.

As the vision unfolds, the team at Landmark Properties is poised to create a landmark development that will surely capture the imagination of all who encounter it. With their track record of success and dedication to pushing boundaries, the future looks bright for this exciting venture.

#Texas#Residential#Development Site
Published: Feb 15, 2024Last updated: February 16, 2024