Austin, Texas — Landsea Homes Corporation (Nasdaq: LSEA) (“Landsea Homes” or the “Company”), a publicly traded residential homebuilder, announced the purchase of 38 finished lots in the Avery Centre master planned community in Round Rock, Texas.

“Avery Centre is a highly anticipated master planned community in Round Rock, and we’re proud to present new opportunities for homebuyers to experience all Landsea Homes has to offer with our High Performance Homes,” said Vince Ruffino, Texas Division President, Landsea Homes. “Round Rock is recognized as one of the most livable towns in the country thanks to its highly regarded independent school district, great local tech job market, and abundance of public parkland. We look forward to seeing residents “live in their element” in this thriving Austin suburb.”

Landsea Homes’ new neighborhood in Avery Centre will consist of attached townhomes with options for three to four bedrooms ranging from 1,600 to 1,900 square feet. Prices will be announced at a later date. Avery Centre is a ‘lock-and-leave” community, which allows homeowners to own a home while enjoying the freedom of very few maintenance responsibilities. Development is underway and is slated to open later this year.