Toll Brothers Announces Opening of New Luxury Home Community in Magnolia, Texas
Toll Brothers Announces Opening of New Luxury Home Community in Magnolia, Texas
Toll Brothers announces the opening of a luxury home community in Magnolia, Texas, featuring six home designs and extensive amenities.
Quiver AI Summary
Toll Brothers, Inc. has announced the upcoming opening of Toll Brothers at Woodhavyn, a luxury home community in Magnolia, Texas, expected to launch sales in summer 2025. Located on 60-foot home sites, the community will offer six home designs ranging from 3,078 to over 3,634 square feet, featuring modern amenities and personalization options. Residents will benefit from proximity to future community amenities, including a recreation building, pools, playgrounds, and more. Homes will be priced from the low $500,000s and are situated within a highly-rated school district, with convenient access to shopping, dining, and entertainment. The company allows buyers to customize their new homes at its Design Studio, reinforcing its commitment to delivering luxury living experiences.
Potential Positives
- Toll Brothers is set to open a new luxury home community, Toll Brothers at Woodhavyn, in Magnolia, Texas, enhancing their portfolio in a desirable market.
- The community will offer customizable luxury homes on spacious 60-foot home sites, appealing to a wide range of home buyers.
- Residents will have access to a future amenity village, enhancing the community's attractiveness with recreational opportunities.
- The location is conveniently situated near major commuter routes and amenities, adding significant value for prospective home buyers.
Potential Negatives
- The announcement of a new luxury home community comes amidst concerns about rising construction costs and potential impacts on housing affordability.
- The price range starting from the low $500,000s may alienate potential buyers in a market segment that is increasingly price-sensitive.
- The press release does not provide any specific information regarding the environmental impact of the new development in the wooded area, which may raise concerns among local residents and environmental advocates.
FAQ
What is Toll Brothers at Woodhavyn?
Toll Brothers at Woodhavyn is a new luxury home community in Magnolia, Texas, featuring modern homes with extensive personalization options.
When will Toll Brothers at Woodhavyn open for sale?
The community is expected to open for sale in summer 2025.
What types of homes are offered at Woodhavyn?
Woodhavyn will feature six home designs ranging from 3,078 to 3,634+ square feet, with 4 to 5 bedrooms and 3 to 4.5 baths.
What amenities will the Woodhavyn community provide?
Residents will enjoy amenities including a recreation building, pools, a playground, splashpad, and a scenic pond with an overlook area.
What is the price range for homes in Woodhavyn?
Homes in Toll Brothers at Woodhavyn are expected to be priced from the low $500,000s.
Disclaimer: This is an AI-generated summary of a press release distributed by GlobeNewswire. The model used to summarize this release may make mistakes. See the full release here.
$TOL Insider Trading Activity
$TOL insiders have traded $TOL stock on the open market 17 times in the past 6 months. Of those trades, 0 have been purchases and 17 have been sales.
Here's a breakdown of recent trading of $TOL stock by insiders over the last 6 months:
- PAUL E SHAPIRO sold 3,837 shares.
- DOUGLAS C. JR. YEARLEY (Chief Executive Officer) has traded it 7 times. They made 0 purchases and 7 sales, selling 212,584 shares.
- MARTIN P. CONNOR (Chief Financial Officer) has traded it 6 times. They made 0 purchases and 6 sales, selling 52,673 shares.
- JOHN A MCLEAN sold 1,000 shares.
- WENDELL E. PRITCHETT sold 3,000 shares.
- ROBERT PARAHUS (President & COO) sold 6,900 shares.
To track insider transactions, check out Quiver Quantitative's insider trading dashboard.
$TOL Hedge Fund Activity
We have seen 366 institutional investors add shares of $TOL stock to their portfolio, and 367 decrease their positions in their most recent quarter.
Here are some of the largest recent moves:
- PACER ADVISORS, INC. removed 2,071,992 shares (-98.9%) from their portfolio in Q3 2024
- FMR LLC added 1,046,758 shares (+97.7%) to their portfolio in Q3 2024
- JPMORGAN CHASE & CO removed 821,081 shares (-46.8%) from their portfolio in Q3 2024
- POINT72 ASSET MANAGEMENT, L.P. removed 796,068 shares (-82.6%) from their portfolio in Q3 2024
- WESTFIELD CAPITAL MANAGEMENT CO LP added 722,130 shares (+inf%) to their portfolio in Q3 2024
- HOLOCENE ADVISORS, LP removed 713,852 shares (-100.0%) from their portfolio in Q2 2024
- DIMENSIONAL FUND ADVISORS LP removed 697,184 shares (-25.8%) from their portfolio in Q3 2024
To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard.
Full Release
MAGNOLIA, Texas, Dec. 18, 2024 (GLOBE NEWSWIRE) --
Toll Brothers, Inc.
(NYSE:TOL), the nation's leading builder of luxury homes, today announced the upcoming opening of
Toll Brothers at Woodhavyn
, a new luxury home community in Magnolia, Texas. Nestled into wooded surroundings and within walking distance of future community amenities in the Woodhavyn master plan, Toll Brothers will offer new luxury homes on 60-foot home sites with one- and two-story home designs and incredible personalization options. The community will be located at 29914 Amber Brook Drive in Magnolia and is expected to open for sale in summer 2025.
Toll Brothers at Woodhavyn will feature six stunning home designs, ranging from 3,078 to 3,634+ square feet, with 4 to 5 bedrooms and 3 to 4.5 baths. These modern homes will showcase breathtaking architecture, including cathedral ceilings and spiral staircases. Homes are within walking distance of the future amenity village, The Havyn, which will provide residents with a variety of recreational opportunities including a recreation building, vanishing edge pool with lap lanes, bottom pool deck with seating, pool deck ramp, pavilion, playground, splashpad, seating area, event gathering area, and a scenic pond with an overlook area. Toll Brothers homes in Woodhavyn are expected to be priced from the low $500,000s.
"We are excited to bring our luxury home designs to the master-planned community of Woodhavyn located in the highly desirable area of Magnolia, Texas," said Brian Murray, Division President of Toll Brothers in Houston. "Toll Brothers at Woodhavyn will offer residents a unique blend of modern living and natural beauty, with exceptional personalization options to create the perfect home."
The community is assigned to the highly rated Magnolia Independent School District and is conveniently located close to major commuter routes, everyday conveniences, and all that The Woodlands has to offer. This prime location provides residents with easy access to shopping, dining, and entertainment options.
Home buyers will experience one-stop shopping at the
Toll Brothers Design Studio
. The state-of-the-art Design Studio allows home buyers to choose from a wide array of selections to personalize their dream home with the assistance of Toll Brothers professional Design Consultants.
Additional Toll Brothers new home communities in the Montgomery County area include
NorthGrove
,
The Enclave at The Woodlands
, and
Woodson's Reserve
. For more information, call (833) 405-8655 or visit
TollBrothers.com/TX
.
About Toll Brothers
Toll Brothers, Inc., a Fortune 500 Company, is the nation's leading builder of luxury homes. The Company was founded 57 years ago in 1967 and became a public company in 1986. Its common stock is listed on the New York Stock Exchange under the symbol "TOL." The Company serves first-time, move-up, empty-nester, active-adult, and second-home buyers, as well as urban and suburban renters. Toll Brothers builds in over 60 markets in 24 states: Arizona, California, Colorado, Connecticut, Delaware, Florida, Georgia, Idaho, Indiana, Maryland, Massachusetts, Michigan, Nevada, New Jersey, New York, North Carolina, Oregon, Pennsylvania, South Carolina, Tennessee, Texas, Utah, Virginia, and Washington, as well as in the District of Columbia. The Company operates its own architectural, engineering, mortgage, title, land development, smart home technology, and landscape subsidiaries. The Company also develops master-planned and golf course communities as well as operates its own lumber distribution, house component assembly, and manufacturing operations.
In 2024, Toll Brothers marked 10 years in a row being named to the Fortune World's Most Admired Companies list and the Company's Chairman and CEO Douglas C. Yearley, Jr. was named one of 25 Top CEOs by Barron's magazine. Toll Brothers has also been named Builder of the Year by Builder magazine and is the first two-time recipient of Builder of the Year from Professional Builder magazine. For more information visit
TollBrothers.com
.
From Fortune, 2024 Fortune Media IP Limited. All rights reserved. Used under license.
Contact: Andrea Meck | Toll Brothers, Director, Public Relations & Social Media | 215-938-8169 |
ameck@tollbrothers.com
A photo accompanying this announcement is available at
Sent by Toll Brothers via Regional Globe Newswire (TOLL-REG)