Toll Brothers, Inc. opened its newest luxury community, Enclave at Hickory Hill, in Argyle, Texas, on February 19, 2026. The 2‑acre development features one‑ and two‑story homes ranging from 3,782 to over 6,000 square feet, with 4 to 5 bedrooms, 4.5 to 6 bathrooms, and 3‑ to 4‑car garages. Buyers can customize their homes through the company’s Design Studio, which offers a full range of finishes and layout options.
The community sits on spacious one‑acre sites within Denton County and is located in the highly rated Argyle Independent School District, providing access to Hilltop Elementary, Sixth Grade Center, Argyle Middle, and Argyle High schools. The sales center opened at 11005 Neece Blvd, offering a one‑stop shopping experience for buyers and a full design‑studio service to tailor finishes and layouts.
Toll Brothers’ Q1 2026 earnings report, released on February 18, 2026, provides context for the opening. The company delivered 1,899 homes, generating $1.85 billion in homebuilding revenue, about $24 million above the midpoint of guidance. Earnings per diluted share were $2.19, up 25% from $1.75 in the prior‑year period and slightly above implied guidance. The results were driven by strong demand in the Texas market, where the company’s average delivered price of $1,033,000 reflects pricing power and a favorable mix of larger, higher‑priced homes. Management noted that the company’s balanced build‑to‑order and spec inventory strategy helped maintain a healthy pipeline and contributed to the revenue beat.
Management highlighted the significance of the new community. "We are excited to introduce Enclave at Hickory Hill, a community that truly exemplifies the luxury and craftsmanship for which Toll Brothers is known," said CEO Douglas Yearley. "Home buyers will appreciate the expansive home sites and the opportunity to personalize their homes to fit their lifestyle at our incredible Design Studio," added Jay Saunders, Division President of Toll Brothers in Dallas. Yearley also remarked, "We are pleased with our first quarter results, as we met or exceeded guidance across nearly all metrics."
The opening of Enclave at Hickory Hill aligns with Toll Brothers’ broader strategy to grow its community count by 8% to 10% in fiscal 2026, targeting 480 to 490 communities by year‑end. The new Texas community contributes directly to this goal and reinforces the company’s focus on high‑end markets where demand remains robust. The Q1 earnings beat and the company’s guidance for 2026—projecting 10,300 to 10,700 home deliveries and an average delivered price of $970,000 to $990,000—signal confidence in sustained growth and margin stability in the luxury segment.
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