AUSTIN, Texas, — Gray Point Homes officially broke ground on the highly anticipated community of Cardinal Crossing, a new 187 unit residential townhome community located in Pflugerville, TX. For Gray Point Homes, which operates under the Gehan Homes family of brands, opening this attached community is indicative of the company’s continued investment in their product portfolio to gain market share.
“Gray Point Homes is excited to offer new townhomes in Austin at Cardinal Crossing,” said Tom Stevenson, Austin Division President, Gehan/Gray Point Homes. “The neighborhood addresses the need for affordable homes in the area, with a convenient location and excellent schools. The interest in this community gives us a high level of confidence in the demand for new homes in this submarket.”
The move to offer townhomes for the first time in the homebuilder’s 25-year history demonstrates their plan to diversify and add pricing segmentation across Texas and Arizona. “Cardinal Crossing is another example of Gehan Homes’ and Gray Point Homes’ ability to deliver new product to meet the consumers need for more affordable housing. Since transitioning to a wholly owned subsidiary of Sumitomo Forestry of America 3 years ago; we have systematically diversified our product portfolio. Adding 3 new product lines in the past 2 years has afforded us the unique ability to address the real estate market’s biggest challenge in 2019 – affordability”, said John Winniford, CEO of Gehan Homes.
Cardinal Crossing is located less than 2 miles from both I-35 and 130 with easy access to Downtown Austin and Round Rock. The neighborhood is within a 15 minute drive to Dell, The Arboretum and the Domain. Well-appointed floor plans are available ranging from 1,700 SF to 2,100 SF. Pre-selling will begin in the next several weeks and interested buyers are invited visit Gray Point Homes for more information.
About Gehan Homes
Gehan Homes, headquartered in Dallas, Texas, has been building beautiful homes at an exceptional value for over 25 years. Known for their award-winning designs, quality craftsmanship, smarter floor plans and competitive pricing, Gehan Homes is the 14th largest private homebuilder and the 32nd largest homebuilder in the US. The builder of new homes in Texas and Arizona launched their Gray Point Homes brand in 2017. Focusing on value, Gray Point brings the dream of homeownership to more people than ever before. Gehan Homes has offices in Dallas, Houston, Austin, San Antonio, Texas and Scottsdale, Arizona. For more information, please visit www.gehanhomes.com
Gehan Homes Contact:
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