New homebuilder taps SA region for first-ever project
Article Courtesy of the San Antonio Business Journal
A College Station builder plans to add more homes to an existing age-restricted community.
A newly established homebuilder has tapped the Hill Country for its first-ever project, a collection of houses for older adults.
Kept Classic Homes, a new division of College Station-based commercial and residential builder Kept Property Group, acquired a portion of the Meridian — an existing single-family community at the intersection of Lois Street and Meridian Boulevard — adding about 20 homes to the 40 already constructed.
"It's allowing us to hit the ground quickly," said Jesse Durden, president of Kept Classic Homes. "We felt like the timing was right, and we had the expertise to move into the active-adult market with full effort.”
A Comfort native, Durden said it has been a goal for him to do projects in the Hill Country, with multiple projects planned between Kerrville and Fredericksburg over the next decade.
"To rekindle the relationships there that we've had over the years, it has been a lot of fun," Durden said.
The deal marks Kept's entry into constructing homes in communities largely restricted to those 55 or older, but the company plans to build entire communities from scratch going forward. The builder also has plans to kick off an 84-unit community with a clubhouse in its hometown next year.
Kept is working with Dublin, Ohio-based builder Epcon Communities to create a custom version of homes Epcon has built in the Midwest and the East Coast.
"We feel like it’s a great fit, bringing a product that has been vetted nationally," Durden said.
Most of the floor plans are single-story houses with two bedrooms and two full bathrooms and one half bathroom. Lawn maintenance is covered in homeowner association fees.
Pricing is expected to start in the upper $300,000s and going up to the the $500,000s. A 2,100-square-foot model home will break ground in late October and serve as the sales center when it opens next year.
Durden said elements of the home, especially porches and fencing, were designed to facilitate a sense of community and communication between neighbors. The community has an existing clubhouse open to the new residents.
"We really focus on the lifestyle component of these communities," Durden said.
Dereck Syfert Kerrville-based Syfert Properties represented Kept Classic Homes in the transaction.