KB Home buys sites for 700 houses in area - San Antonio Express-News

The Los Angeles-based company has signed a deal to buy 80 finished and 420 undeveloped lots in the Legend Point community in New Braunfels. [...] the home builder will begin development of Landmark Pointe near FM 1103 and Green Valley Road in Cibolo, where home prices are to start around $150,000. Last year, KB Home bought 623 finished home sites and 1,297 planned sites from Fieldstone Homes, which is based in Southern California and said early last year that it would leave the San Antonio market.