# Toll Brothers luxury residential developments

> Live situation record from CLSTR: https://clstr.news/situations/toll-brothers-luxury-residential-developments
> Updated: 2026-08-17T19:14:00.000Z. Sources: 6. Developments: 2.

Toll Brothers, Inc. has expanded its luxury residential offerings through several new community openings across the United States.

In mid-August 2026, the company launched the Toll Brothers at Revera community in Richmond, Texas. This development features single-family homes with prices starting in the mid-$400,000s and includes amenities such as a clubhouse, resort-style pool, and pickleball courts.

Shortly thereafter, the company announced further expansions in Tennessee and Nevada. In Franklin, Tennessee, the Franklin Ridge community introduced luxury single-family homes with prices starting at $1.58 million. Simultaneously, the Rivercrest community in Reno, Nevada, opened waterfront luxury townhomes with prices starting in the upper $500,000s.

In August 2026, Toll Brothers reported third-quarter financial results that exceeded Wall Street expectations despite a softer housing market. The company posted diluted earnings of $2.97 per share, surpassing the $2.93 consensus estimate, and reported revenue of $2.65 billion. While this revenue represents a 7.9% decrease from the same period last year, the company noted an increase in net signed contract value, which rose to $2.52 billion from $2.41 billion in the prior year. 

Detailed Q3 2026 reporting indicated that while earnings and revenue beat analyst estimates, they fell below the $3.73 earnings and $2.88 billion in revenue recorded in Q3 2025. The company noted a decrease in home deliveries to 2,662 units and a compression in home sales gross margin. Toll Brothers reaffirmed its full-year 2026 revenue guidance of approximately $10.5 billion.

## Timeline

### 2026-08-17: Toll Brothers beats Q3 earnings estimates amid housing market shifts

Toll Brothers beat Q3 2026 earnings estimates despite declining year-over-year revenue. Meanwhile, Analog Devices saw a 40% revenue jump, and Target raised its full-year sales outlook.

5 sources. https://clstr.news/cluster/toll-brothers-announces-new-luxury-community-openings-in-tennessee-and-nevada

### 2026-08-13: Toll Brothers opens luxury home community in Richmond, Texas

Toll Brothers has opened a new luxury home community, Toll Brothers at Revera, in Richmond, Texas, featuring resort-style amenities and homes starting in the mid-$400,000s.

2 sources. https://clstr.news/cluster/toll-brothers-opens-luxury-home-community-in-richmond-texas

---
Cite as: Toll Brothers luxury residential developments. CLSTR, https://clstr.news/situations/toll-brothers-luxury-residential-developments