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KB HOME ANNOUNCES THE GRAND OPENING OF ITS NEWEST COMMUNITY WITHIN THE HIGHLY DESIRABLE SWEETGRASS VILLAGE MASTER PLAN IN CROSBY, TEXAS

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KB Home (NYSE: KBH) announced the grand opening of its new Sweetgrass Village community in Crosby, Texas, with one- and two-story homes priced from the mid $200,000s.

Homes offer up to five bedrooms, modern kitchens, lofts, ENERGY STAR design, and planned amenities including walking paths, pickleball courts, a playground, pool and splash pad.

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Positive

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Negative

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Key Figures

Sweetgrass pricing: from the mid $200,000s Maximum bedrooms: up to five bedrooms Maximum baths: three-and-a-half baths +5 more
8 metrics
Sweetgrass pricing from the mid $200,000s Starting home prices at Sweetgrass Village community
Maximum bedrooms up to five bedrooms Sweetgrass Village one- and two-story floor plans
Maximum baths three-and-a-half baths Sweetgrass Village floor plan configuration
ENERGY STAR penetration fewer than 12% of new homes Share of U.S. new homes meeting ENERGY STAR® standard
Current share price $64.81 Pre-news close for KBH
Daily price move -1.5% KBH price change over the prior 24 hours
52-week high $68.71 KBH 52-week high before this news
200-day moving average $59.37 KBH 200-day simple moving average

Market Reality Check

Price: $64.81 Vol: Volume 685,104 vs 20-day ...
low vol
$64.81 Last Close
Volume Volume 685,104 vs 20-day average 1,084,860 — trading below typical activity ahead of this news. low
Technical Shares at $64.81 are trading above the 200-day MA of $59.37, indicating a pre-news uptrend.

Peers on Argus

KBH fell 1.5% while key peers like MHO (-1.39%), SKY (-1.51%) and MTH (-1.16%) w...

KBH fell 1.5% while key peers like MHO (-1.39%), SKY (-1.51%) and MTH (-1.16%) were also down, suggesting broader homebuilder softness even though no peer appeared on the momentum scanner.

Historical Context

5 past events · Latest: Feb 10 (Positive)
Pattern 5 events
Date Event Sentiment Move Catalyst
Feb 10 New gated community Positive +5.0% Opened Bella Sol in Riverside with mid $600,000s pricing and onsite amenities.
Feb 10 New community launch Positive +5.0% Opened Maplewood in St. Augustine with ENERGY STAR homes and mid $300,000s pricing.
Feb 6 Community grand opening Positive -1.1% Opened Quarry Row in Rocklin starting from low $500,000s; stock slipped afterward.
Feb 5 New townhome project Positive +0.6% Launched Veranda in Fremont with low $1 million pricing and ADU options.
Feb 5 Townhome community launch Positive +0.6% Opened 87th Townhomes in Marysville with $570,000s pricing and park amenities.
Pattern Detected

Recent community-opening announcements have usually coincided with modest positive price reactions, with one notable negative divergence.

Recent Company History

Over the last few weeks, KB Home has repeatedly announced grand openings of new communities across multiple markets, including Riverside and St. Augustine on Feb 10, Rocklin on Feb 6, and Fremont and Marysville on Feb 5. These events highlight execution on its land pipeline and geographic diversification, with pricing ranging from the mid $300,000s to the low $1 million. Several of these openings saw shares move about +5.01%, indicating that expansion news has often been met favorably, though there has been at least one negative reaction.

Market Pulse Summary

This announcement adds another community to KB Home’s footprint, with Sweetgrass Village offering pe...
Analysis

This announcement adds another community to KB Home’s footprint, with Sweetgrass Village offering personalized homes starting from the mid $200,000s and emphasizing ENERGY STAR®-oriented efficiency, a standard met by fewer than 12% of new U.S. homes. In recent months, similar grand openings across California, Florida and Washington have been frequent. Investors may watch how these projects translate into orders and margins, alongside disclosures in filings like the recent 10-K and subsequent operational updates.

AI-generated analysis. Not financial advice.

Sweetgrass Village offers personalized new homes with a variety of planned community amenities and near top-rated schools, priced from the mid $200,000s.

HOUSTON, Feb. 20, 2026 /PRNewswire/ -- KB Home (NYSE: KBH), one of the largest and most trusted homebuilders in the U.S., today announced the grand opening of its newest community within the sought-after Sweetgrass Village master plan in Crosby, Texas. These new homes are designed for the way people live today, with popular features like modern kitchens overlooking large great rooms, expansive bedroom suites with walk-in closets, and lofts. Sweetgrass Village's one- and two-story floor plans feature up to five bedrooms and three-and-a-half baths. Planned community amenities include walking paths, pickleball courts, a playground and recreation center with a pool and splash pad. Sweetgrass Village is zoned for the "Recognized" Crosby Independent School District.

What sets KB Home apart is the company's focus on building strong, personal relationships with every customer, so they have a real partner in the homebuying process. Every KB home is uniquely built for each customer, so no two KB homes are the same. Homebuyers have the ability to personalize their new home, from floor plans to exterior styles to where they live in the community. Their home comes to life in the KB Home Design Studio, a one-of-a-kind experience where customers get both expert advice and the opportunity to select from a wide range of design choices that fit their style and their budget. Reflecting the company's commitment to creating an exceptional homebuying experience, KB Home is the #1 customer-ranked national homebuilder based on homebuyer satisfaction surveys from a leading third-party review site.

"We are excited to introduce Houston-area homebuyers to beautiful one- and two-story homes within a highly desirable master plan featuring a wide variety of planned amenities, including walking paths, a children's playground and recreation center with a pool and splash pad," said Brett Dietz, President of KB Home's Houston division. "Families will also appreciate Sweetgrass Village's proximity to top-rated schools and outdoor recreation at Lake Houston and Baytown Nature Center. At KB Home, we're here to help you achieve your dream with a personalized new home built uniquely for you and your life." 

Innovative design plays an essential role in every home KB builds. The company's floor plans inspire contemporary living, with a focus on roomy, light-filled spaces that have easy indoor/outdoor flow. KB homes are engineered to be highly energy and water efficient and include features that support healthier indoor environments. They are also designed to be ENERGY STAR® certified — a standard that fewer than 12% of new homes nationwide meet — offering greater comfort, well-being and utility cost savings than new homes without certification.

Sweetgrass Village is in a convenient location that offers homebuyers an exceptional lifestyle. The new community is situated off Crosby Cedar Bayou Road, providing easy access to Highway 90, Interstate 10 and the Grand Parkway for a quick commute to major employment centers in downtown Houston, the Port of Houston, and Houston Medical Center. Residents will also enjoy the proximity to a variety of outdoor recreation, including Pirates Bay Waterpark, Baytown Nature Center, Xtreme Off Road Park & Beach and Lake Houston.

The Sweetgrass Village sales office and model homes are open for walk-in visits and private in-person tours by appointment. Homebuyers also have the flexibility to arrange a live video tour with a sales counselor. Pricing begins from the mid $200,000s.

For more information on KB Home, call 888-KB-HOMES or visit kbhome.com.

About KB Home
KB Home is one of the largest and most trusted homebuilders in the United States. We operate in 49 markets, have built over 700,000 quality homes in our nearly 70-year history, and are honored to be the #1 customer-ranked national homebuilder based on third-party buyer surveys. What sets KB Home apart is building strong, personal relationships with every customer and creating an exceptional experience that offers our homebuyers the ability to personalize their home based on what they value at a price they can afford. As the industry leader in sustainability, KB Home has achieved one of the highest residential energy-efficiency ratings and delivered more ENERGY STAR® certified homes than any other builder, helping to lower the total cost of homeownership. For more information, visit kbhome.com.

For Further Information:

Cara Kane, KB Home
321-299-6844
ckane@kbhome.com

 

Cision View original content to download multimedia:https://www.prnewswire.com/news-releases/kb-home-announces-the-grand-opening-of-its-newest-community-within-the-highly-desirable-sweetgrass-village-master-plan-in-crosby-texas-302693058.html

SOURCE KB Home

FAQ

When did KB Home (KBH) open the Sweetgrass Village community in Crosby, Texas?

KB Home opened Sweetgrass Village on February 20, 2026. According to KB Home, the community launch includes model homes and a sales office open for walk-in visits, private tours by appointment, and live video tours with a sales counselor.

What are the starting prices for homes at Sweetgrass Village by KB Home (KBH)?

Pricing at Sweetgrass Village begins from the mid $200,000s. According to KB Home, buyers can personalize floor plans, exterior styles, and interior designs via the KB Home Design Studio to fit style and budget.

What home sizes and floor plan features does KB Home (KBH) offer at Sweetgrass Village?

KB Home offers one- and two-story plans with up to five bedrooms and three-and-a-half baths. According to KB Home, plans emphasize modern kitchens, large great rooms, expansive bedroom suites, lofts, and roomy indoor/outdoor flow.

What community amenities come with KB Home's Sweetgrass Village (KBH) in Crosby?

Sweetgrass Village includes walking paths, pickleball courts, a playground, and a recreation center with a pool and splash pad. According to KB Home, the master plan also offers proximity to outdoor attractions like Lake Houston and Baytown Nature Center.

Are KB Home houses at Sweetgrass Village ENERGY STAR certified and energy efficient (KBH)?

KB Home designs Sweetgrass Village homes to be ENERGY STAR certified and energy- and water-efficient. According to KB Home, these features aim to improve comfort, indoor environmental quality, and potential utility cost savings versus non-certified new homes.
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