Townhomes and other residences are taking shape in Phase III of the Remington Estates subdivision, and city planners anticipate the smaller properties in particular will find ready buyers among seniors house-hunters.
The “lock-and-leave” low-maintenance townhomes are sized, priced, customized and marketed for older home-buyers in a broader project that’s joined the City of Kilgore and its Community Development Corporation with RADD Developers.
“We’re about three-and-a-half years into that agreement,” Kilgore City Manager Josh Selleck reminded council members last month. “While the local economy, I think, has impacted the build-out, this townhome property is really exciting.
“This is a product you see in areas where you have baby boomers desiring to retire. This is a product that has sold really well in more urbanized areas.”
Infrastructure improvements at the site began in 2012 with a $1.3 million investment by the city in street, water and sewer. Those funds will be repaid upon the sale final sale of the lots in Remington North, located due east of Chandler Elementary School.
The latest iteration of the project includes lots for 52 single-family homes (11 of which have been sold and construction-completed) plus nine lots for the townhomes, typically three linked townhomes per lot.
The standard template for the 25 planned townhomes is a one-story, two-bedroom, two-bathroom unit of approximately 1900 square-feet.
“It’s stunning. The cabinetry and everything in there is just beautiful,” said Kilgore Planning & Zoning Director Carol Windham. “They’re trying to focus on senior housing, renting or selling only to seniors. That’s why it’s one-story, not two-story.”
In the lock-and-leave concept, the residents need not bother with anything outside their door, she added.
“There’s no maintenance on the outside. It’s all grouped in a ‘condo regime,’” Windham said, sparing yardcare in particular.
The townhome lots are still under RADD ownership – six townhomes have been constructed on two lots, three interconnected homes per lot.
The pricetag for the homes is hovering at approximately $100 per square-foot, and interested buyers can local realtors for more information about securing one of the properties.
“Kilgore is always looking for housing opportunities,” Windham said, “whether developers, which we prefer, or if the city can be involved in it, which we’ve done before.
“The city doesn’t mind being involved in it, because housing is needed, all ranges of housing.”
Kilgore Mayor Ronnie Spradlin’s eager to see the concept catch on, helping diversify the housing base.
“This is something that’s been talked about in Kilgore for more than 25 years,” he said. “The demand has been there, and finally someone can supply the property.”