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Started By
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D.R. Horton pays $4.4M for lots in planned Old Jefferson Highway Subdivision
Posted on 5/16/22 at 2:06 pm
Posted on 5/16/22 at 2:06 pm
Just read via Daily Report that D.R. Horton bought 53 lots in Heron Pointe, a planned subdivision off Old Jefferson Hwy, which is near Parkview Baptist on Parkknoll Avenue. This is a 13-acre site.
Here is my question. Obviously, someone is being paid, but why are these builders being allowed to come in and build crap products, even if they do offer entry homes to those who otherwise wouldn't be able to afford them? So tired of these cookie-cutter, vinyl eyesores popping up everywhere that look even shittier after five to 10 years of crappy upkeep.
Here is my question. Obviously, someone is being paid, but why are these builders being allowed to come in and build crap products, even if they do offer entry homes to those who otherwise wouldn't be able to afford them? So tired of these cookie-cutter, vinyl eyesores popping up everywhere that look even shittier after five to 10 years of crappy upkeep.
Posted on 5/16/22 at 2:08 pm to Michael T. Tiger
Seems like a shitload of money per lot. Not faniliar with the area though.
Posted on 5/16/22 at 2:08 pm to Michael T. Tiger
quote:
53 lots
quote:
This is a 13-acre site.
Posted on 5/16/22 at 2:08 pm to Michael T. Tiger
quote:
Obviously, someone is being paid
Look at contributions to Parish Councilmen, Parish President, and the attorney friends.
Posted on 5/16/22 at 2:09 pm to Michael T. Tiger
quote:
why are these builders being allowed to come in and build crap products, even if they do offer entry homes to those who otherwise wouldn't be able to afford them?
I smell another housing crisis right around the corner.
Posted on 5/16/22 at 2:09 pm to Michael T. Tiger
It said this development was approved in 2020 and was supposed to be high end homes. It looks like the developer sold the lots to shitty house Horton instead.
Posted on 5/16/22 at 2:09 pm to Michael T. Tiger
D.R. Horton hears a frick you from TD
Posted on 5/16/22 at 2:11 pm to Michael T. Tiger
They can build them as long as the zoning commission approves them.
IIRC, this area is unincorporated EBR so Chauna Banks et all are likely getting money to approve this much like the subdivisions outside Zachary and Central those cities don’t want.
IIRC, this area is unincorporated EBR so Chauna Banks et all are likely getting money to approve this much like the subdivisions outside Zachary and Central those cities don’t want.
Posted on 5/16/22 at 2:11 pm to The Boat
Well, this should do wonder for the flooding issues in the immediate areas.
Posted on 5/16/22 at 2:11 pm to Michael T. Tiger
which is worse, the DH Horton homes or the new apartment complexes that they are allowing all over the city?
Posted on 5/16/22 at 2:13 pm to Loubacca
And shite like this is why there have been accusations of certain developers being shills for Horton et all in places like Denham.
Developer A gets approval for a subdivision then turns around and sells it to Horton, Level, DSLD, etc, which is not what the approval was for.
Developer A gets approval for a subdivision then turns around and sells it to Horton, Level, DSLD, etc, which is not what the approval was for.
Posted on 5/16/22 at 2:25 pm to Michael T. Tiger
We need a two button meme for voters
1. The government shouldn't be involved in what a private landowner does with his property. Government overreach is killing this country!
2. Someone should really do something about people building these cookie cutter, small lot residential subdiviions and giant apartment complexes. The lack of developmental oversight is ridiculous!
1. The government shouldn't be involved in what a private landowner does with his property. Government overreach is killing this country!
2. Someone should really do something about people building these cookie cutter, small lot residential subdiviions and giant apartment complexes. The lack of developmental oversight is ridiculous!
Posted on 5/16/22 at 2:27 pm to Michael T. Tiger
With streets and utility, that may end up at .15 acre lots. Really expensive land.
Posted on 5/16/22 at 2:30 pm to Michael T. Tiger
$4.4 Million/53 Lots = $83,019 per lot
In case you couldn't do the math in your head.
In apartments?
In old houses in crappy hoods in the Presidents streets?
I'm not carrying Horton's water but no one is putting a gun to the purchasers' heads for their houses.
In case you couldn't do the math in your head.
quote:OK, where are these folks supposed to live?
So tired of these cookie-cutter, vinyl eyesores popping up everywhere that look even shittier after five to 10 years of crappy upkeep.
In apartments?
In old houses in crappy hoods in the Presidents streets?
I'm not carrying Horton's water but no one is putting a gun to the purchasers' heads for their houses.
Posted on 5/16/22 at 2:33 pm to Michael T. Tiger
If the houses are bad, don't buy them.
Posted on 5/16/22 at 2:43 pm to soccerfüt
quote:
$4.4 Million/53 Lots = $83,019 per lot
This is neither here nor there, but that's before the cost of infrastructure. Just pulling a number out of my arse, lets say its $2M to develop the site. Now Horton has to recoup ~$122K per lot just to break even. Damn.
Posted on 5/16/22 at 2:44 pm to Michael T. Tiger
Get ready for a 400K home that has 3 bedroom 2 bath and 1800 living space. And every house is cookie cutter and builder grade.
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