LGI Homes, Inc.

LGI Homes, Inc. designs, constructs, and sells new homes across 21 states in the United States. The company operates in markets including Texas, Arizona, Florida, Georgia, New Mexico, Colorado, North Carolina, South Carolina, Washington, Tennessee, Minnesota, Oklahoma, Alabama, California, Oregon, Nevada, West Virginia, Virginia, Pennsylvania, Maryland, and Utah. LGI Homes, Inc. was incorporated in Delaware on July 9, 2013, and its management team has been involved in residential land development since the mid-1990s. Since beginning home building operations in 2003, the company has constructed and closed over 80,000 homes. As of December 31, 2025, LGI Homes was active in 144 communities throughout the United States. The company offers multiple product lines, including attached and detached entry-level homes and active adult offerings, which are marketed and sold under the LGI Homes brand. Additionally, it markets and sells luxury homes under its Terrata Homes brand. During 2025, the average home completion time was approximately 105 to 135 days, with home sizes ranging from 900 to approximately 4,000 square feet. Overall sales prices for homes ranged from approximately $192,000 to more than $1,230,000. For the year ended December 31, 2025, the company closed 4,788 homes, which included 103 currently or previously leased single-family homes. Excluding these 103 homes, the average sales price per home closed was $364,035.