Luxury homes contribute to big year for Cane Island sales

Cane Island reported a 54 percent increase in new homes sales in 2018. Cane Island reported a 54 percent increase in new homes sales in 2018. Photo: Cane Island Photo: Cane Island Image 1 of / 6 Caption Close Luxury homes contribute to big year for Cane Island sales 1 / 6 Back to Gallery

Sales of new homes in Katy's Cane Island community jumped 54 percent in 2018, with luxury homes on smaller lots contributing to the gains.

The 1,100-acre community, a development of Rise Communities, is 1 mile north of Interstate 10 off Cane Island Parkway. It offers homes from the $200,000s to more than $1 million.

New-home sales totaled 196 in 2018, up from 127 in 2017, the developer said.

Half of the community's sales last year were on 50-, 55- and 60-foot-wide lots, the developer said.

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"Very simply, we listened to what the market wanted – highly amenitized luxury homes on smaller properties," Cane Island director of marketing Lawren Eckhardt said in an announcement.

Two model homes will open later this year: a 60-foot plan by Shea Homes and a 100-foot plan by Partners in Building.

The development's offerings include the Estates at Cane Island, a gated enclave of homes on half-acre lots. The community opened in 2015.