Biggest build-to-rent communities coming soon to Houston
Several developers started their first-ever build-to-rent neighborhoods in Houston last year and will begin offering new options for renters in 2023 as houses hit the leasing market across the suburbs.
The build to rent sector has gained traction over the last several years as renters, similar to buyers, sought out more space in suburban locations. As the housing market grew more competitive during COVID, bidding wars drove up the prices of starter houses. The purpose built single-family rental houses, which frequently come with yards, garages and common amenities, offer the lifestyle of living in a planned suburban community near good schools, without the long-term commitment of a mortgage.
Wan Bridge is developing its Pradera Oaks, its largest property to date, in Bonney, a village along Texas 288 in Brazoria County. The development, being completed over three years, will contain homes sized renting from $2,195 to $2,475 a month. A lake, jogging trail, dog park, playground and a splash pad are planned.
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