Richmond, Texas, February 14, 2026
Toll Brothers Inc. unveils Evergrove, a new master-planned community in Richmond, Texas, set to launch sales in Fall 2026. This development aims to enhance the Houston metropolitan area by offering luxury homes, modern amenities, and contributing to local economic growth amidst rising demand for housing.
Richmond, Texas – The thriving landscape of Richmond, Texas, is poised for further expansion with the announcement of a new master-planned community by Toll Brothers Inc. (NYSE:TOL), the nation’s leading builder of luxury homes. This development, named Evergrove, signifies a robust investment in the Houston metropolitan area’s residential future, reflecting confidence in the region’s sustained economic vitality and appealing lifestyle.
Scheduled to open for sales in Fall 2026, Evergrove is set to bring contemporary home designs and an array of onsite amenities to a picturesque setting. Such private sector initiatives are often catalysts for broader economic activity, creating jobs, stimulating local commerce, and fostering community growth, underscoring the dynamic spirit of Texas TX entrepreneurs and the benefits of a receptive local environment for development.
Richmond, a city nestled within Fort Bend County, continues to experience significant residential and commercial growth, with the county’s population projected to expand considerably over the next three decades. This growth is a testament to the attractive combination of big city access with a distinct small-town culture and community that Richmond offers. The strategic location, combined with a competitive business environment, draws high-quality commercial and residential development, contributing positively to the Richmond, Texas economy.
Driving Economic Expansion Through Private Investment
The decision by Toll Brothers, an award-winning Fortune 500 company founded in 1967, to introduce Evergrove in Richmond highlights the critical role of private investment in fostering local economic growth. Toll Brothers, recognized as the nation’s leading builder of luxury homes, operates in over 60 markets across the United States. New housing developments, particularly master-planned communities, often serve as engines for job creation, both in construction and related industries, and contribute to the broader economic landscape.
This kind of development often leads to increased demand for local services and amenities, supporting Houston small business owners and creating a ripple effect of prosperity throughout the community. Homeownership, in particular, has a significant impact on the Texas economy by increasing net worth for individuals and prompting further spending on home improvements and local goods and services.
Evergrove: A Vision for Luxury Living
Evergrove, located at Farm to Market Road 723 and Old Pecan Road, is designed to offer a blend of modern luxury and natural beauty. Site work for the community is already underway, preparing for a grand opening of sales expected in Fall 2026. The development will feature five collections of modern home designs, with versatile floor plans ranging from approximately 1,880 to over 6,100 square feet of living space on spacious 45- to 80-foot-wide home sites. Homes in Evergrove are anticipated to be priced from the mid-$400,000s to the mid-$900,000s.
Prospective homeowners will have the opportunity to personalize their dream homes at the Toll Brothers Design Studio, choosing from a wide array of selections with the assistance of professional Design Consultants.
Amenities and Community Integration
Residents of Evergrove are expected to enjoy a comprehensive suite of onsite amenities designed to enhance daily living. These include a fitness center, pool, fishing pond, and various parks, all set amidst the area’s natural prairies and with Jones Creek winding through the community. The community’s location also offers convenient access to upscale shopping centers, golf courses, and fine dining options.
A significant benefit for families will be access to top-rated schools within the Lamar Consolidated Independent School District. The presence of high-quality educational institutions is often a key factor for families and helps attract and retain a skilled workforce, further bolstering the Houston TX business environment and regional appeal.
The Broader Impact on the Midlands Economic Growth
Fort Bend County continues to be one of the fastest-growing counties in the nation, with a projected population increase of over 2 million residents in the next 30 years. While Richmond is poised for significant growth, county leaders acknowledge the challenges of keeping pace with infrastructure development to accommodate the rapid influx of residents and businesses. Efforts are being made to attract commercial development to balance the predominantly residential tax base, including exploring the creation of industrial sites to make the county more attractive to companies.
The continuous development of master-planned communities like Evergrove plays a crucial role in this regional expansion. Such projects not only provide much-needed housing but also drive demand for improved infrastructure and public services, ultimately benefiting all residents and businesses in the area.
Looking Ahead for Richmond and Fort Bend County
The introduction of Evergrove by Toll Brothers is a positive indicator for the future economic trajectory of Richmond and Fort Bend County. It exemplifies how private enterprise, when met with a supportive regulatory and community environment, can drive significant progress. The ongoing investment in housing and community infrastructure creates a solid foundation for continued prosperity, drawing new residents and businesses to the area.
As Richmond continues its renaissance, the community is encouraged to remain engaged in the economic future, supporting local businesses and embracing the spirit of innovation that defines the Texas TX entrepreneurs. The commitment to strategic development ensures that this vibrant part of the Houston metroplex remains a place of opportunity and growth for years to come.
Key Features of Evergrove Community in Richmond, Texas
| Feature | Details | Scope |
|---|---|---|
| Community Name | Evergrove | Local |
| Location | Richmond, Texas (Houston-area) at Farm to Market Road 723 and Old Pecan Road | Local |
| Developer | Toll Brothers Inc. (NYSE:TOL) | Nationwide |
| Sales Expected | Fall 2026 | Local |
| Home Sizes | Approximately 1,880 to over 6,100 sq ft | Local |
| Lot Sizes | 45- to 80-foot-wide home sites | Local |
| Price Range | Mid-$400,000s to mid-$900,000s | Local |
| Home Collections | Five modern home design collections | Local |
| Onsite Amenities | Fitness center, pool, fishing pond, parks | Local |
| School District | Lamar Consolidated Independent School District | Local |
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Author: STAFF HERE HOUSTON TX WRITER
The HOUSTON STAFF WRITER represents the experienced team at HEREHouston.com, your go-to source for actionable local news and information in Houston, Harris County, and beyond. Specializing in "news you can use," we cover essential topics like product reviews for personal and business needs, local business directories, politics, real estate trends, neighborhood insights, and state news affecting the area—with deep expertise drawn from years of dedicated reporting and strong community input, including local press releases and business updates. We deliver top reporting on high-value events such as Houston Livestock Show and Rodeo, Art Car Parade, and Chevron Houston Marathon. Our coverage extends to key organizations like the Greater Houston Partnership and Houston Area Urban League, plus leading businesses in energy and healthcare that power the local economy such as ExxonMobil, Schlumberger, and Houston Methodist. As part of the broader HERE network, including HEREAustinTX.com, HERECollegeStation.com, HEREDallas.com, and HERESanAntonio.com, we provide comprehensive, credible insights into Texas's dynamic landscape.
