Megatel Homes

As one of Megatel Homes’ 12 master-planned lagoon communities in development, Saint Tropez in Houston is now under construction. The world-class community will feature an expansive man-made lagoon with white sand beaches and luxury amenities.

“Lagoon communities have proven to be an extraordinarily popular residential option throughout Texas, with heavy demand for these amenity-rich developments. As a result of this significant demand, Megatel is pursuing the development of a dozen such communities throughout Texas and expanding to other states,” says Zach Ipour, co-founder of Megatel, No. 100 on the 2022 Builder 100.

The $2 billion residential community will offer 4,500 single-family lots and multifamily units. Ranging from 1,500 to 4,000 square feet, the single-family homes will sell between $350,000 and $700,000. There will also be one-, two-, and three-bedroom rental unit options.

Saint Tropez is part of Megatel’s plan to accommodate the Houston area’s exponential growth. “Megatel Homes has been searching for the optimum opportunity to gain reentry into the Houston housing market,” says Ipour. “We are excited to bring this revolutionary residential experience to the Houston area.”

Luxury amenities will include a swim-up bar, a FlowRider surf simulator, a water slide tower, a playground, cabanas, a soundstage, and a splash park. Its entertainment district will offer residents and the public a restaurant, a bar, an adult lounge, a teen arcade, a bowling alley, and an children’s immersive indoor play area. Additionally, Saint Tropez residents will have access to a fitness and yoga studio, event spaces, and a home design center to choose design selections for their future home.

Megatel has been able to significantly expand operations due to a unique financing structure through MCI Invest. Founded in 2006, Megatel Homes currently has more than 100 communities and is rapidly spreading throughout the Dallas-Fort Worth metroplex. Presale of the first phase is expected to begin within the next 60 days. Saint Tropez’s phase one completion is slated for first quarter 2023.