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    tiki time

    Luxurious new waterfront development sails into Galveston's hottest island

    Steven Devadanam
    Sep 15, 2021 | 12:57 pm
    The Residences at Tiki Island
    The new development boasts 70 units, villas, a marina, a restaurant, and more.
    Photo courtesy of The Residences at Tiki Island

    Since 1982, the tiny Tiki Island, which spans a mere 1.5 square miles, has been a hotbed of well-heeled retirees and second beach home owners in Galveston.

    With a population of not quite 1,100 with some 482 mostly waterfront households, the village is one of the premiere destinations on the Gulf Coast.

    Now, a new development promises the luxe life to those looking to hop aboard one of Texas’ buzziest coastal destinations. The Residences at Tiki Island is a 70-unit condominium development slated to break ground in 2022, developers announced.

    Project completion is anticipated in approximately summer 2024.

    Texas-based Legend Communities, veterans of waterfront property developments, has named NAN Properties Developer Services as exclusive listing agent, per a press release.

    Expect some 70 luxurious two-, three-, and four-bedroom condominium homes, ranging from 1,200 to more than 3,000 square feet. Top two floors will feature two-story penthouses with elevators included in the floor plans.

    Meanwhile, buyers can look for eight luxury waterfront villas, a waterfront restaurant, ship store, boathouse, and marina rental slips. Prices at the luxe, six-acre waterfront community currently range from the $800s; villas start at $1 million.

    As Tiki is all about that water life, the development also includes a marina with restaurant, and all-important boathouse storage for more than 200 boats.

    About those sure-to-be-sought-after villas: waterfront villas to the project plans. The residences will feature dumbwaiters to help owners transport groceries and packages from their cars into their homes. With weather obviously a concern (given Tiki’s water-facing location), each villa will have a backup generator.

    These Tiki residences are expected to have access to a state-of-the-art fitness center, a resort-style pool, an outdoor kitchen and lounge area, and even a dog park. The community promises to be golf a cart-friendly community, with a boat valet for easy water access, as well as striking bay views.

    More resort amenities currently planned include (per press materials):

    • a boardwalk and pedestrian site for neighborhood connectivity
    • a dry boat storage to house 200-plus boats on four levels
    • a 6,500-square-foot waterfront restaurant with indoor and outdoor seating
    • a waterfront ship’s store with retail space
    • marina rental slips and guest slip area for the restaurant and ship’s store
    • parking for cars and golf carts

    “The Residences at Tiki Island will offer boat owners a dream opportunity to not only accommodate their vessel onsite but enjoy the many amenities all just steps away from their residence on the six-acre development,” Betty Harbourt, who leads NAN Properties developer services division, said in a statement. “The plans leverage a resort environment and The Residences of Tiki Island will be exclusive to homeowners and with no short-term rentals. We are thrilled to have been chosen to bring these premier condominiums to market.”

    More information on The Residences at Tiki Island can be found here.

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    housing news

    Houston ranks among top 10 U.S. cities for mobile home living

    Amber Heckler
    Dec 24, 2025 | 11:30 am
    Interior of a manufactured home
    Photo by Brian Wangenheim on Unsplash
    Manufactured homes have come a long way from the "trailers" of the past, according to StorageCafe.

    As Houston residents navigate the city's fluctuating real estate market, manufactured homes – also known as mobile homes – are gaining traction among potential buyers seeking an affordable path to homeownership.

    A recent housing study found Houston ranks among the top 10 U.S. cities with the largest mobile home inventory. Texas, as a whole, has the second-highest share of manufactured housing in the nation.

    StorageCafe's housing insights report analyzed the supply of manufactured housing inventory, average sales prices of new manufactured homes, and compared pricing trends against the median value of all housing units (regardless of construction date) across all 50 states and 100 U.S. cities.

    The report's author hails manufactured housing as "a cornerstone of affordability" in the country, with just under 8 million mobile homes representing about 5.4 percent of the U.S. housing supply.

    There are 776,232 manufactured homes in Texas, the report found, which is 6.2 percent of the state's entire housing stock. Houston is home to the 8th highest number of mobile homes in the nation, at 10,953 units.

    Here's how the rest of the top 10 shakes out:

    • No. 1 – Mesa, Arizona (29,335 units)
    • No. 2 – Phoenix, Arizona (20,564 units)
    • No. 3 – Jacksonville, Florida (15,393 units)
    • No. 4 – Largo, Florida (14,131 units)
    • No. 5 – Tuscon, Arizona (14,128 units)
    • No. 6 – San Jose, California (11,668 units)
    • No. 7 – San Antonio, Texas (11,208 units)
    • No. 8 – Houston, Texas (10,953 units)
    • No. 9 – Los Angeles, California (10,622 units)
    • No. 10 – Sunrise Manor, Nevada (9,952 units)

    Why manufactured home living is gaining popularity
    Affordability is of the main reasons Texas residents are turning to manufactured home living. The average sale price for a mobile home in Texas was $112,500 in 2024, or less than half of the median sale price for all Texas homes ($313,200).

    The report specifies that the cost for a manufactured home does not include the cost of land in the same way that a conventional home does. Depending on zoning and local laws, residents who own a mobile home either lease the lot their home sits on, or they have to purchase a lot outright.

    "Most manufactured homes sit either in parks (land rent, higher exposure to rent hikes or park closures) or subdivisions (you own the land)," the report said. "In some communities, resident-owned cooperatives (co-ops) allow homeowners to collectively purchase the land beneath their homes. This setup provides stability and protection against rising lot rents, which can otherwise affect those living in privately owned parks."

    Nevertheless, StorageCafe maintains that the generally lower cost of a manufactured home still makes it a viable path to homeownership. Affordability is especially crucial for younger adults like Gen Zers and Millennials who also don't want to "compromise on quality or independence."

    "Today’s younger buyers value flexibility, efficiency, and minimal maintenance, and many are drawn to simpler lifestyles that align with financial freedom and mobility," the report said. "With the rise of remote work, more Millennials and Gen Zers are exploring the idea of living affordably in smaller, well-designed spaces, often in communities with shared amenities or scenic settings that were once thought to appeal only to retirees."

    Manufactured homes have also experienced a "glow up" in recent years, the report added. Most manufactured homes have open floor plans, "stylish interiors," and come equipped with modern amenities like smart-home technology and energy efficient features.

    "As a result, they’re no longer viewed as a fallback option, but rather as a savvy, forward-thinking path to homeownership for cost-conscious Americans of all ages," the report said.

    Mobile home living elsewhere in Texas
    Other than San Antonio in Houston in the top 10, there were 12 more Texas cities that ranked among the top 100. El Paso came in at No. 16 with 7,089 mobile homes in the city, and Laredo ranked two spots behind with 6,785 units.

    Here's how other Texas cities fared in the report:

    • No. 20 – Dallas (6,195 units)
    • No. 21 – Austin (6,184 units)
    • No. 22 – Fort Worth (6,069 units)
    • No. 29 – Corpus Christi (4,823 units)
    • No. 34 – Pharr (4,409 units)
    • No. 48 – Arlington (3,818 units)
    • No. 60 – Mission (3,207 units)
    • No. 65 – Bryan (3,063 units)
    • No. 67 – Edinburg (3,407 units)
    • No. 98 – Denton (2,441 units)
    housing markethousing reportstoragecafetexasmanufactured housinghouston
    news/real-estate

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