Press Releases

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Stay up to date through Gray Point Homes' news and press. For additional information about what we're up to, please feel free to call, stop by one of our locations, or request the information online.

Gehan Homes Gives Away $50,000 to One Lucky Homeowner

(DALLAS, TX) – 3/4/21 – Gehan Homes, based in Dallas, TX announced today the winner of their New Home Jackpot and presented a check for $50,000 to one of their Houston-area homeowners.
The promotion was offered to homebuyers who visited Gehan Homes’ and Gray Point Homes’ new home communities across Houston, Dallas, Austin, San Antonio, Texas and Phoenix, Arizona.

Gehan Homes Acquires Wonderland Homes

Gehan Homes announced its entry into the Denver, CO market with the acquisition of Wonderland Homes, a home builder with developments all along the Colorado Front Range.
Wonderland Homes operates in 4 Denver submarkets and closed 96 homes in 2020.
The company dates back to 1966 and current offerings include townhomes and single-family residences from the $380’s to over $600,000.

Gray Point Partners with Opendoor

Kimbell Exterior - Paloma
Homeowners dreaming of moving up from their starter home to a newly built, larger home are being offered more ways to make the move as quickly and effortless as possible.

Making Wishes Come True for Childhood Cancer Awareness Month

Making Wishes Come True
Every year, almost 2,000 American families lose their child to cancer, making it the leading killer of children by disease. In honor of Childhood Cancer Awareness Month, Gehan Homes and Gray Point Homes are partnering with Make-A-Wish to raise money and grant wishes to children fighting cancer and other critical illnesses.

Gray Point Homes Brings Townhomes to Pflugerville, Texas

Townhome Groundbreak
Gray Point Homes officially broke ground on the highly anticipated community of Cardinal Crossing, a new 187 unit residential townhome community located in Pflugerville, TX. For Gray Point Homes, which operates under the Gehan Homes family of brands, opening this attached community is indicative of the company’s continued investment in their product portfolio to gain market share.

Best Place to Live in the U.S.

Austin (1)
Austin once again ranks number one as the "Best Place to Live in the U.S.", according to U.S. News & World Report. This marks the third year in a row Austin has been awarded the prestigious title. The rankings are based on affordability, job prospects and quality of life.

Balmoral Opens 4-Mile Greenway

Balmoral Greenbelt
Balmoral recently cut the ribbon for a 4-mile greenway that has a 12-foot wide trail, letting golf carts, pedestrians, and bicyclists be able to easily navigate through the community and be able to get to the Amenity Village within minutes.

Gray Point Homes Now Open in Houston

Balmoral Sign
Gray Point Homes opened the first model home in Balmoral, a 580-acre community by Land Tejas in Humble. The community is east of U.S. 59, near of Beltway 8 and Woodland Hills Drive, close to Generation Park. Gray Point Homes start around $190,000 and range from 1,553 to 2,741 square feet. The model is at 15430 Royce Holly Drive.

2017 Top Cities for First Time Homebuyers

Dallas Skyline (1)
This year, WalletHub set out to find the Top Cities for First Time Homebuyers. Their analysts compared 300 cities of varying sizes across 23 key indicators of market attractiveness, affordability and quality of life. North Texas cities took 4 of the Top 10 spots and snagged first, second and third place!

Gehan Homes Launches Entry Level Homes Brand, Gray Point Homes

Kimbell Exterior Elevation
Gray Point Homes Targets Emerging First Time Homebuyer Market (DALLAS, TX) June 1, 2017 – Gehan Homes has added a new brand focusing on the first time homebuyer and growing millennial market, with the launch of Gray Point Homes. The company is expanding its product and community portfolio to address what is becoming one of the biggest issues the Real Estate market will face in the coming years – affordability. The shift in demand has been created by more millennials entering the housing market, rising interest rates, and increased labor costs.
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