Name

Rk Development Group, Llc

Legal name

RK Development Group, LLC

Website

https://rkdevelopmentgroup.net

Company type

Private

Founded year

2017

Operating status

Operating

Headcount range

11–50 employees

Ownership category

akta.pro rank

Product category

Custom Home Building & Residential Construction Services

NAICS

New Single-Family Housing Construction (except For-Sale Builders) (236115), Residential Remodelers (236118)

SIC

General Bldg Contractors - Residential Bldgs (1520), Real Estate Agents & Managers (For Others) (6531)

akta.pro primary industry

Custom Home Building (IMAFABAC)

akta.pro secondary industries

Residential General Contracting (New Build) (IMAFAAAB), Pre-Sale / Move-In Whole-Home Refresh & Modernization (HSAPAEAJ)

Keywords

• Custom home building
• Residential construction
• Home renovations
• Lot finding services
• Real estate brokerage

Headquarters

HQ city

Katy

HQ country

United States

HQ region

North America

Offices5 records

Markets served

GTM type

B2C

Offering type

Services

Cost components

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

Revenue model

1. Custom Home Building: Build-to-suit custom homes ranging from $500K to $1.5M+. Revenue generated from construction contracts where each home is uniquely designed and built for the client.
2. Licensed Real Estate Services: Craig is a licensed Iowa Realtor. Offers lot search services and real estate transaction services to clients buying land or selling current homes before building. Works through Ruhl & Ruhl Realtors.

Pricing tiers

Go-to-market motion1 record

Distribution channels1 record

Marketing channels3 records

Core offering

RK Development Group is an owner-operated custom home builder that designs and builds build-to-suit homes across the Iowa City corridor in Eastern Iowa, with projects ranging from $500K to $1.5M+. The company offers four starting points for clients: proven plans, available designs, outside plans from catalogs or magazines, or fully custom designs from scratch. It also offers renovation services for existing homes and licensed Realtor lot-finding services.

Product overview

RK Development Group is an owner-operated custom home builder serving North Liberty, Coralville, Iowa City, Tiffin, Solon, and the surrounding Johnson County corridor since 2017. Their core product portfolio includes four named floor plans—The Peyton (craftsman ranch), The Yorkshire (walkout ranch, their most-built plan), The William (modern farmhouse for narrow infill lots), and The Royal Oak (large two-story)—that serve as customizable starting points for build-to-suit homes. Alongside custom home building from scratch, they offer renovation services for existing properties and lot-finding assistance through the owner's licensed Iowa realtor status. Homes typically range from $500K to $1.5M+ with a 9–14 month timeline from first call to move-in.

Differentiator

Problem solved

Functional benefit

Products and services

• Custom Home Building Build-to-suit custom home construction service across the Iowa City corridor, covering North Liberty, Coralville, Iowa City, Tiffin, Solon, and Johnson County. Builds range from $500K to $1.5M+ with a 9-14 month timeline from first call to keys. Clients can start from proven plans, available designs, external plans from catalogs/magazines, or a blank sheet for fully custom design.
• Renovations Renovation services for existing homes in Iowa City, particularly character homes in Manville Heights, bungalows in Goosetown, and mid-century homes requiring updates to kitchens, baths, layouts, and mechanical systems. Targeted at homeowners in Iowa City where new-build lots are limited.
• Lot Finding Licensed Iowa Realtor lot-finding service providing access to lot inventory across Johnson County, including off-market parcels, lake lots that move fast, and rural acreages that often sell before hitting MLS. Available as part of the custom home building process.

Quantifiable outcome

• 9-14 months from first call to keys
• +3 more outcomes

Named customers7 records

Segments4 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature1 record

Partnerships

Two partnerships are on record, tiered core.

• Prull Custom DesigncoreStrategic or Co-development PartnerDesigned the A-frame lakefront home at Cottage Reserve in collaboration with RK Development Group. First of two custom Cottage Reserve builds.
• Arnest ArchitecturecoreStrategic or Co-development PartnerDesigned the modern lakefront home at Cottage Reserve (completed 2025) specifically for the steep-grade lot with road well above the home.

Scale indicators5 records

Recent moves5 records

Expansion highlights4 records

Broad incumbents

• Drees Homes: Family-owned custom homebuilder operating across the Midwest, Mid-South, and Mid-Atlantic. Comparable as a privately-held, custom-oriented builder with similar regional focus and family-business character, though at materially larger scale.
• PulteGroup: One of the largest US homebuilders with strong Midwest presence. Comparable as a competitor for buyer attention and lot supply in the Iowa City corridor, though Pulte operates across entry-level, move-up, and active adult segments versus RK's pure custom focus.
• M/I Homes: Major Midwest-based homebuilder with deep presence in similar Midwestern markets. Comparable as a builder serving the same demographic and price tiers, though M/I operates at significantly larger scale across multiple states.
• Lennar: Major national homebuilder with established presence in the Midwest. Comparable as a competing buyer of lots and demand in the Iowa corridor, though Lennar's everything's-included model differs from RK's bespoke custom approach.
• Toll Brothers: National luxury homebuilder with extensive custom design options and a Design Studio experience. Comparable as a high-end custom-style homebuilder, though Toll Brothers operates across hundreds of communities nationwide versus RK's single-corridor focus.
• David Weekley Homes: National custom homebuilder operating across 19 markets. Comparable as a large-scale custom home builder that competes in similar price ranges and emphasizes personal customization, though operating at vastly greater scale and geographic breadth than RK.
• DR Horton: Largest US homebuilder by volume, with active Midwest operations including Iowa. Comparable as a competitor for lots and buyer demand in the same geography, though DR Horton focuses on production efficiency versus RK's custom positioning.

Regional players

• Veridian Homes: Wisconsin-based homebuilder with a similar community-builder model focused on design flexibility and customer relationships in the upper Midwest. Comparable as a regional player with custom-style offerings, though operating in Wisconsin rather than Iowa.
• Hubbell Homes: Iowa-based homebuilder headquartered in Des Moines serving central Iowa communities. Comparable as a Midwest regional builder with custom and production offerings, though operating in Des Moines metro rather than the Iowa City corridor directly.

Direct peers

• Jim Hamilton Homes: Small Iowa-based custom home builder serving the Cedar Rapids/Iowa City corridor with a similarly owner-operated, custom-focused approach. Comparable as a direct peer competing for the same custom-home buyer segment in nearby Iowa markets.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks5 records

Key highlights6 records

Customer concentration

• LinkedInlinkedin.com/company/rk-development

Revenue estimate

Valuation estimate

Number of profiles

Profiles1 record

Funding overview

Funding rounds

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 Rk Development Group, Llc