IHP Capital Partners

01/28/2025 | Press release | Archived content

Lot Closings at Kresston

LOTS CLOSED! It was an exciting yearend at Kresston with 251 finished lots closing to six enthusiastic new home builders! This beautiful new community in Magnolia, Texas by Johnson Development and IHP Capital Partners is moving along in development and creating major buzz in eastern Texas.

  • Chesmar Homes closed on 63 lots (28', 35' & 50' x 125)
  • Highland Homes closed on 27 Lots (40' x 125') and 12 lots (55' x 130')
  • Westin Homes closed on 56 lots (40' x 125') and 12 lots (65' x 140')
  • Perry Homes closed on 24 lots (50' x 125') and 13 lots (65' x 140')
  • David Weekley Homes closed on 24 lots (50' x 125')
  • Lennar closed on 11 lots (55' x 130')
  • Builders also closed on 9 lots for model homes

Kresston's first phase includes approximately 359 homesites within the 1,400-acre masterplan. At total completion, Kresston will provide 3,500 new homes to the Houston area.

Learn more at https://kresston.com/

IHP Capital Partners published this content on January 28, 2025, and is solely responsible for the information contained herein. Distributed via Public Technologies (PUBT), unedited and unaltered, on November 05, 2025 at 18:44 UTC. If you believe the information included in the content is inaccurate or outdated and requires editing or removal, please contact us at [email protected]