The 168-acre community—built by LGI Homes’ luxury brand, Terrata Homes—features a number of amenities, including playgrounds, a fenced dog park, pavilion area, walking paths, and a community pond and trail. Homes built: Construction is ongoing Price range: $340,000+ Square footage: 2,600-4,096 Take a peek at one of Magnolia's newest neighborhoods below. [g-slider gid="254181" width="100%" height="55%"] Magnolia Reserve 112 Magnolia Reserve Loop, Magnolia 888-864-1370 www.magnoliareserve.com