Market briefs
Cypress: Build to Rent Community Opens
In Houston, Cypress Manor, a boutique build-to-rent community with a focus on wellness, is now open in Cypress.
Alexander Grene Development unveiled the enclave of 44 modern freestanding duplex residences at 13047 Spring Cypress Road. The community offers landscaped walking paths, outdoor fitness stations for strength training, a pet challenge course, and direct access to Cypress Creek Trail. A Zen Garden with labyrinth provides a space for meditative walks and reflection.
The newly built Cypress Manor rental homes (BTR) contain 3 bedrooms and 2.5 baths. They feature 12-foot ceilings, chef-style kitchens, smart home technology, and private backyards.
“Residents today seek communities that support wellness and well-designed spaces both indoors and out,” AG Gupt, President of Alexander Grene Development, said when the deal was released. “Cypress Manor is a place where neighbors can connect, fitness is celebrated, and shared values create a vibrant living experience.”
Cypress Manor is part of a growing segment of the housing market offering new suburban homes without the up-front costs and long-term commitment of buying.
Other new home rental communities in the northwest Houston region include Mirella by Caldwell Communities in Cypress, Willow at Marvida by Clay Residential in Cypress, Skymor Cypress by PCCP/Integrity Community Builders, Yardly Cypress by Taylor Morrison, and Tricon Willow Creek in Tomball.
Houston-based Alexander Grene Development specializes in community focuses residential and commercial projects.
