Terrata Homes
- Company typePrivate
- Founded2013
- HeadquartersThe Woodlands, United States
- Headcount501–1,000
- GTM typeB2C
- OfferingHardware or Manufacturing
Terrata Homes firmographics
Firmographics- Name
- Terrata Homes
- Legal name
- LGI Homes, Inc.
- Website
- https://terratahomes.com
- Company type
- Private
- Founded year
- 2013
- Operating status
- Operating
- Headcount range
- 501–1,000 employees
- Ownership category
- akta.pro rank
Terrata Homes industry classification
Industry- Product category
- Residential Homebuilding
- NAICS
- New Housing For-Sale Builders (236117), Residential Building Construction (23611)
- akta.pro primary industry
- Custom Home Building (IMAFABAC)
Keywords
Where Terrata Homes is headquartered
LocationHeadquarters
- HQ city
- The Woodlands
- HQ country
- United States
- HQ region
- North America
Offices4 records
Markets served
Terrata Homes business model
Business model- GTM type
- B2C
- Offering type
- Hardware or Manufacturing
- Cost components
- Supply Chain, Operations, Personnel, Marketing or Sales, Infrastructure
Revenue model
- New Home Sales: One-time sales of move-in ready luxury homes to individual buyers. Revenue generated from home sales at various price points depending on floor plan, size, and location.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| One time/ perpetual license | Pay-as-you-go | Entry-level luxury homes starting around $464,900 |
Go-to-market motion2 records
Distribution channels3 records
Marketing channels6 records
Terrata Homes product offering
Product offeringCore offering
Terrata Homes designs and constructs move-in ready luxury new construction single-family homes and townhomes within master-planned communities across 11 U.S. states. Every home is delivered with premium finishes and designer upgrades (Whirlpool, KitchenAid, Moen, Sherwin Williams) included at base price, alongside integrated smart home technology, open-concept floor plans, and amenity-rich community locations. Sales and post-purchase service are supported by on-site Information Centers, dedicated New Home Consultants, warranty coverage, and a broker/agent referral program.
Product overview
Terrata Homes is a luxury homebuilder offering move-in-ready new construction homes across 11 U.S. states. The company constructs homes in master-planned communities with premium finishes, designer upgrades, and amenities. As part of the LGI Homes family of brands, Terrata Homes emphasizes custom-quality construction with premium design included in the base price, rather than as add-ons. The company does not offer software, technology products, or digital services—its offerings are exclusively residential real estate: single-family homes and townhomes available in various markets, with homes featuring floor plans, designer finishes, and community amenities.
Differentiator
Problem solved
Functional benefit
Products and services
- Move-In Ready Luxury New Construction Homes Single-family homes and townhomes built in master-planned communities across 11 U.S. states, delivered move-in ready with premium finishes, designer upgrades, and integrated smart home technology included in the base price. Targeted at families and individual homebuyers seeking premium new construction without the wait or cost unpredictability of fully custom builds.
- Broker and Real Estate Agent Referral Program A Prospect Registration Agreement program allowing licensed real estate agents and brokers to register buyer clients and earn selling office commissions at closing on referred new home sales. Designed for licensed real estate professionals seeking streamlined commission opportunities on move-in ready inventory.
- Homeowner Customer Care and Warranty Program Post-purchase customer care offering including structural warranty and 12-month workmanship warranty coverage, supporting homeowners after closing. Intended for purchasers of Terrata Homes.
Quantifiable outcome
- Move-in ready homes eliminate construction wait time
- +2 more outcomes
Companies that use Terrata Homes
Customer profileNamed customers6 records
Segments3 records
Ideal customer profiles2 records
Terrata Homes technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature4 records
Terrata Homes partnerships and signals
Strategic signalPartnerships
Three partnerships are on record, tiered core.
- LGI HomescoreTerrata Homes is a subsidiary brand of LGI Homes, operating under the same family of brands. Terrata Homes emphasizes the same quality of homes and people-centered culture as the parent brand but focuses on premium product in exceptional locations.
- Mortgage LenderscoreThird-party mortgage lenders are partnered with to help buyers finance their new homes through an affiliated mortgage broker program.
- Title CompaniescoreThird-party title companies partner with Terrata Homes to complete the home sale and closing process.
Scale indicators3 records
Recent moves6 records
Expansion highlights5 records
Terrata Homes competitors and assessment
Company assessmentDirect peers
- M/I Homes: Mid-large homebuilder with a focus on move-in ready homes, premium features, and design centers. Comparable to Terrata in product positioning, geographic footprint (Sun Belt, Midwest, Mid-Atlantic), and inclusion of designer finishes.
- Toll Brothers: National luxury homebuilder offering move-in ready homes with premium finishes in desirable locations. Directly comparable to Terrata in target customer (move-up/luxury buyer), pricing band, and feature-included value proposition.
- PulteGroup: Top US homebuilder operating multiple brands (Pulte, Centex, Del Webb, John Wieland) across move-up, luxury, and active-adult segments. Comparable scale, multi-brand strategy, and move-in ready product approach.
- Century Communities: National homebuilder focused on move-in ready homes with included features at attainable price points. Comparable to Terrata in featuring turnkey homes, included designer upgrades, and Sun Belt geographic concentration.
- Tri Pointe Homes: Premium homebuilder with regional brands (Pardee, Maracay, etc.) focused on move-in ready homes with design-forward features. Comparable to Terrata in premium positioning, designer upgrades, and Sun Belt/West Coast geographies.
- Meritage Homes: Homebuilder known for energy-efficient, move-in ready homes with standard features included. Comparable to Terrata in turnkey product model, integrated technology features, and broadening geographic footprint across the Sun Belt.
- Lennar Corporation: Largest US homebuilder with multiple sub-brands (Lennar, CalAtlantic, etc.) focused on move-in ready homes across price points. Comparable to Terrata in production homebuilding model, geographic reach, and inclusion of standard features.
- Taylor Morrison: National homebuilder with significant presence in move-in ready and luxury segments, including the Darling brand. Comparable to Terrata in premium positioning, integrated design centers, and Sun Belt geographic exposure.
Broad incumbents
- LGI Homes: Publicly traded parent of Terrata Homes (NASDAQ: LGIH). Comparable in production homebuilding model, included-feature value proposition, and Sun Belt geographic concentration, though LGI targets entry-level while Terrata targets the move-up/premium segment.
- D.R. Horton: Largest US homebuilder operating multiple brands including Express Homes and D.R. Horton. Comparable in volume-driven production homebuilding model and geographic breadth, though broader price points than Terrata.
Market position
Strengths4 records
Weaknesses4 records
Competitive moat5 records
Key risks5 records
Key highlights6 records
Customer concentration
Terrata Homes social profiles
Digital presenceTerrata Homes financial estimates
Financial estimateRevenue estimate
Valuation estimate
Terrata Homes leadership team
Management profileNumber of profiles
Terrata Homes funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Terrata Homes M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Terrata Homes
What does Terrata Homes do?
Terrata Homes designs and constructs move-in ready luxury new construction single-family homes and townhomes within master-planned communities across 11 U.S. states. Every home is delivered with premium finishes and designer upgrades (Whirlpool, KitchenAid, Moen, Sherwin Williams) included at base price, alongside integrated smart home technology, open-concept floor plans, and amenity-rich community locations. Sales and post-purchase service are supported by on-site Information Centers, dedicated New Home Consultants, warranty coverage, and a broker/agent referral program.
Is Terrata Homes a public or private company?
Terrata Homes is a private company. It is classified as corporate owned and is currently operating.
When was Terrata Homes founded?
Terrata Homes was founded in 2013. It employs 501 to 1,000 people.
Where is Terrata Homes based?
Terrata Homes is headquartered in The Woodlands, United States, in the North America region.
How does Terrata Homes make money?
One revenue line is on record: new Home Sales.
Who are Terrata Homes's main competitors?
Direct peers on record are M/I Homes, Toll Brothers, PulteGroup, Century Communities, Tri Pointe Homes, Meritage Homes, Lennar Corporation and Taylor Morrison. Broad incumbents are LGI Homes and D.R. Horton.
Does Terrata Homes have an API?
No public API is recorded for Terrata Homes.
What industry is Terrata Homes in?
Terrata Homes's product category is Residential Homebuilding. Its primary akta.pro industry code is IMAFABAC, Custom Home Building. Its NAICS code is 236117.