Titan Homes to expand to new Houston neighborhoods!
Titan Homes has specialized in building detached townhomes in the greater Heights area since the company was founded 12 years ago.
The high-end Houston homebuilder has built nearly 150 Mediterranean-style homes in Shady Acres. The builder has spent the past five years, perfecting its current three-bedroom, three-and-a-half bathroom floor plan, which features luxury finishes like hardwood floors, ornamental ceilings and hammered copper sinks.
But as the popular close-in neighborhood gets built out, Titan Homes is looking to expand to new neighborhoods beyond the Heights area, said Aman Khan, the company’s founder and CEO.
“In four-to-five years, Shady Acres will be saturated,” Khan said. “We’re losing out on buyers who love our product but want to be in a different area. Right now, we’re a one-trick pony.”
Khan, a former energy engineer-turned-homebuilder, said he wants to diversify Titan Homes’ product offerings. The homebuilder is in the process of buying home lots in Cottage Grove, East Downtown and Montrose, and plans to start building in these neighborhoods by the end of this year.
In Cottage Grove, Titan Homes will offer a similar version of its current townhome offerings. The builder plans to build three-story, 3,000-square-foot home, averaging in the high $500,000s. The home will feature a front-loading garage and private driveway; first-floor living, dining and kitchen; a rooftop terrace with optional outdoor kitchen and a small back yard for pets.
In EaDo, Titan Homes will offer a more affordable version of its townhome product. The builder plans to introduce a two-story, 2,500-square-foot home, averaging in the mid-$400,000s. The homes will have all the same features as its more expensive counterparts, but on a smaller footprint.
In Montrose, Titan Homes will offer a more expensive version of its townhome product. The builder plans to introduce a three-story, 3,750-square-foot home, averaging in the low $800,000s. The home will feature more high-end finishes as well as an optional private elevator.
By diversifying its home offerings, Khan said he hopes to attract a wider range of homebuyers interested in a townhome lifestyle close into the city. And Khan believes now is the time to buy up land, when the housing market is cooling and deals may be had for new opportunities, he said.
“This is the time to expand,” Khan said. “You have to have land investments in place before the market starts booming again and land prices skyrocket.”
Other homebuilders are diversifying their product line amid the oil slump. Live Oak Builders, for example, recently began offering a smaller version of their detached townhomes in Spring Branch.
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