What Park Street Homes does

Park Street Homes is a private urban homebuilder founded in 2016 in Houston, Texas, by Kevan and Ayesha Shelton. The company designs, develops, and builds single-family homes in urban infill neighborhoods using its proprietary Reflective Design™ methodology, which emphasizes contextual architecture that respects existing neighborhood character while integrating modern sustainability and energy-efficiency features. Its product portfolio spans affordable housing (delivered through the City of Houston Housing Assistance Program and City of Birmingham Ready to Own Program), market-rate single-family homes in Houston and Birmingham, a custom Build-on-Your-Lot program with 13 disclosed floor plans ranging from 1,100 to 2,511 square feet, and a luxury sub-brand, Influence Luxury Homes, launched in 2021.

The company earns revenue primarily through one-time home sales and custom build contracts, supplemented by a fee-based national consulting practice that advises developers, investors, and community leaders on site selection, feasibility, land planning, zoning, design coordination, project management, and affordable housing development. Distribution is direct-to-consumer via the company website, phone inquiries, on-site sales offices at community locations, and real estate agent referral partnerships. Marketing leverages a content blog (The Park Street Post), email newsletters, earned media across regional outlets, and equity crowdfunding through StartEngine, which the company used to raise over $238,000 in April 2024 to fund expansion from Houston and Birmingham into Dallas, Austin, and San Antonio. The firm is SEC-registered, holds memberships in NAHB, GHBA, and the Texas Association of Builders, and is supported by a 1-10 person core team that relies on subcontractors and a 2-10 Home Buyers Warranty partnership for execution.

Name

Park Street Homes

Legal name

Park Street Homes

Website

https://parkstreethomes.com

Company type

Private

Founded year

2016

Operating status

Operating

Headcount range

1–10 employees

Short description

Park Street Homes is a Houston-based private urban homebuilder founded in 2016 that designs and constructs sustainable, energy-efficient single-family homes, affordable housing, custom builds, and luxury homes for first-time buyers, families, and developers in Texas and Alabama.

Ownership category

akta.pro rank

Product category

Residential Homebuilding

NAICS

New Housing For-Sale Builders (236117), New Single-Family Housing Construction (except For-Sale Builders) (236115)

SIC

General Bldg Contractors - Residential Bldgs (1520), Land Subdividers & Developers (No Cemeteries) (6552)

akta.pro primary industry

Residential Land Development & Subdivision Homebuilding (Build-to-Sell Communities) (IMAFABAL)

akta.pro secondary industries

Residential Design-Build & Renovation-Integrated Builders (IMAFABAE), Residential Green / High-Performance Home Construction (Net-Zero, Passive House) (IMAFABAH)

Keywords

• Urban homebuilding
• Affordable housing
• Custom home construction
• Community development
• Single-family homes

Headquarters

HQ city

Houston

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2C

Offering type

Hardware or Manufacturing

Cost components

Supply Chain, Personnel, Operations, Marketing or Sales, Others

Revenue model

1. Single-Family Home Sales: One-time purchase revenue from selling newly constructed single-family homes in Houston and Birmingham communities. Homes range from affordable entry-level to luxury custom builds.
2. Custom Home Building (Build on Your Lot): Revenue from custom home construction services where customers own or purchase their own lot. Park Street Homes provides complete building services from design through construction and quality assurance.
3. Affordable Housing Development: Revenue from developing affordable housing units, often in partnership with government housing programs such as City of Houston Housing Assistance Program and City of Birmingham Ready to Own program.
4. Consulting Services: Fee-for-service consulting for developers, investors, and community leaders. Services include site selection, feasibility analysis, land planning, zoning navigation, architectural/engineering design coordination, project management, financial analysis, and affordable housing development planning. Offered nationally.
5. Equity Crowdfunding: The company has raised over $238,000 from investors through investment crowdfunding campaigns, allowing retail investors to participate in the company's growth.

Go-to-market motion2 records

Distribution channels4 records

Marketing channels7 records

Core offering

Park Street Homes is an urban homebuilder that designs, constructs, and sells new single-family homes, affordable homes, and custom "Build on Your Lot" residences in Houston, TX and Birmingham, AL. The company also develops affordable housing and revitalizes urban communities in partnership with city housing assistance programs, and offers nationwide real estate development consulting services to investors and community leaders. A luxury sub-brand, Influence Luxury Homes, serves the bespoke semi-custom segment.

Product overview

Park Street Homes operates as an urban homebuilder offering a portfolio of residential products and services. The core offerings include Single-Family Homes and Affordable Homes, complemented by a Build on Your Lot custom home service. The company extends its expertise through Community Development and Affordable Housing Development projects, plus nationwide Consulting Services for developers and investors. A luxury sub-brand, Influence Luxury Homes, serves the bespoke/semi-custom home market segment. All offerings are connected by the company's Reflective Design philosophy and commitment to sustainable, community-focused urban revitalization.

Differentiator

Problem solved

Functional benefit

Brands

• Influence Luxury Homes: Luxury bespoke and custom home building division specializing in semi-custom homes in the Houston area since 2021. Offers fully integrated process connecting architects, interior designers, subcontractors, vendors, and engineers.

Products and services

• Single-Family Homes Newly constructed single-family residences in Houston and Birmingham communities featuring open floor plans, abundant natural light, and luxurious finishes, designed with the Reflective Design approach to blend modern living with neighborhood character. Target customers are urban professionals and growing families.
• Affordable Homes High-quality, well-designed homes at accessible price points for families, offered through a structured 5-step homeownership process (initial contact, pre-qualification, buyer education, pre-approval, house selection, closing) and supported by city housing assistance programs in Houston and Birmingham.
• Build on Your Lot Custom home construction service enabling clients to build on their own land, with multiple floor plans (Willow, A2, A3, A4, Magnolia, Ash, Live Oak, Cedar, Arcadia, Hampton, Aspen, Elder, Red Oak) ranging from 1,100 to 2,511 sq ft, managed from initial consultation through quality assurance. Lot finding supported by the Ayesha Shelton Team referral network.
• Community Development Community revitalization service using data-driven insights and collaborative approaches with local governments, community organizations, and residents to create sustainable and equitable urban neighborhoods in Houston, Birmingham, and other target markets.
• Affordable Housing Development Development of high-quality, sustainable affordable housing solutions incorporating Reflective Design principles, energy-efficient practices, community amenities such as community gardens, playgrounds, and gathering spaces, and partnerships with government agencies and non-profit organizations.
• Consulting Services Nationwide fee-for-service consulting for developers, investors, community organizations, and local government leaders covering site selection, feasibility analysis, land planning, zoning navigation, architectural and engineering design coordination, project management, financial analysis, and affordable housing development planning, delivered via discovery calls and Zoom.
• Influence Luxury Homes Bespoke luxury home division launched in 2021 offering semi-custom homes in the Houston area, with a fully integrated design-build process connecting architects, interior designers, subcontractors, vendors, and engineers for high-end residential projects.

Quantifiable outcome

• Homes designed to minimize environmental impact through sustainable building practices and energy-efficient features
• +1 more outcomes

Segments4 records

Ideal customer profiles4 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature1 record

Partnerships

Three partnerships are on record, tiered core.

• 2-10 Home Buyers WarrantycoreOthersPark Street Homes partners with 2-10 Home Buyers Warranty to provide comprehensive warranty coverage for their homeowners. Each homeowner completes a home buyer orientation upon closing and receives warranty support powered by 2-10. Warranty requests can be submitted via email or contact forms.
• City of Houston Housing Assistance ProgramcoreStrategic or Co-development PartnerPark Street Homes participates in the City of Houston Housing Assistance Program, offering affordable homes to qualified buyers who meet program requirements. The partnership enables first-time homebuyers to access down payment assistance and affordable housing options through city-supported programs.
• City of Birmingham Ready to Own ProgramcoreStrategic or Co-development PartnerPark Street Homes participates in the City of Birmingham Ready to Own Program, providing affordable homeownership opportunities with down payment assistance for qualifying buyers within Birmingham city limits. The program includes required homebuyer education components.

Scale indicators6 records

Recent moves5 records

Expansion highlights6 records

Direct peers

• LGI Homes: LGI Homes is a publicly traded production homebuilder focused on entry-level and first-time homebuyer markets across the U.S. It is the closest direct peer to Park Street Homes' affordable, entry-level single-family product and target buyer.
• M/I Homes: M/I Homes is a national homebuilder with a Build on Your Lot-style custom program alongside production homes. It competes in similar Texas/Sun Belt markets and overlaps with Park Street's single-family and custom product lines.
• The NRP Group: The NRP Group is a vertically integrated developer, builder, and property manager specializing in affordable and mixed-income multifamily housing. It shares Park Street's affordable housing development mission and government program partnerships.

Regional players

• David Weekley Homes: David Weekley Homes is a large private Houston-based homebuilder with a strong local brand and similar product mix spanning entry-level to luxury. It is the most direct Houston incumbent competitor to Park Street's community homebuilding.
• Perry Homes: Perry Homes is a Texas-focused homebuilder with communities throughout Houston and surrounding metros. It overlaps with Park Street's single-family community product in the same submarkets.

Broad incumbents

• Lennar Corporation: Lennar is a top-three U.S. homebuilder with broad for-sale product and an active affordable housing strategy. It operates in Houston, Birmingham, and other Park Street target markets and competes directly for first-time buyers.
• D.R. Horton: D.R. Horton is the largest U.S. homebuilder with broad entry-level, move-up, and luxury product lines. It competes with Park Street for affordable buyers in Houston, Birmingham, and announced Texas expansion metros.
• KB Home: KB Home is a national homebuilder emphasizing entry-level and first-time move-up buyers with build-to-order flexibility similar to Park Street's Build on Your Lot program, and it is active across the same Sun Belt geographies.

Emerging players

• Jonathan Rose Companies: Jonathan Rose Companies is a mission-driven developer of affordable and mixed-income housing in urban markets. It is comparable as an urban-focused, sustainability-oriented residential developer competing for similar municipal partnerships.
• The Community Builders: The Community Builders is a nonprofit developer of affordable housing and mixed-use communities in urban neighborhoods. It parallels Park Street's community revitalization approach in underserved city submarkets.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights6 records

Customer concentration

Revenue estimate

Valuation estimate

Number of profiles

Profiles2 records

Subsidiaries1 record

Funding overview

Funding rounds1 record

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Park Street Homes