While traveling this week I had the chance to tour Lennar’s Elm Trails project in San Antonio. Lennar offers 350 SF and 660 SF plans, priced at $135k & $171k. The project is still under construction and there were prospects in the model, so I went in a partially finished unit.

I have seen articles on this project, but on seeing it in person, Elm Trails exceeded my expectations. I think most important thing about this project is that Lennar was able to build a community of houses at a price point we haven’t seen in a decade, and did so with finishes that appear comparable to their more expensive offerings, and with designs and particularly elevations that are reasonably attractive and consistent to the environment surrounding their project.

I think some of the plan layouts are a little confusing with respect to livability, but the project did not seem to lack buyer interest when I was there this week.