D.R. Horton builds and sells new homes across 88 markets in 29 states, making it the largest U.S. homebuilder by volume. It constructs energy-efficient, livable homes and backs them with strong warranties, serving a broad range of buyers from first-time purchasers to luxury homeowners. The company generates revenue primarily from selling new homes, with an additional stream from its financial services segment, which offers mortgage financing and title agency services. Its operations rely on strategic land acquisition, efficient construction processes, and effective sales to deliver homes profitably and maintain cash flow. What sets D.R. Horton apart is its scale and geographic reach, combined with an integrated financial services offering that enhances the customer experience and additional revenue. The company’s goal is to sustain its market leadership by delivering high-quality homes at scale while maximizing returns and financial performance.
Company Size
10,001+
Company Stage
IPO
Headquarters
Fort Worth, Texas
Founded
1978
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D.R. Horton divests of 260-unit Ascend at Black Canyon multifamily Property in Phoenix. September 30, 2026 PHOENIX - D.R. Horton has completed the disposition of Ascend at Black Canyon, an apartment community in Phoenix, to Millburn & Co. for $58.7 million, or $225,769 per unit. Steve Gebing and Cliff David of Institutional Property Advisors (IPA), a division of Marcus & Milichap, represented the seller and procured the buyer in the transaction. Built on 10 acres in 2024, Ascend at Black Canyon is a controlled-access community with 260 one-, two- and three-bedroom apartments with stainless steel appliances, washers/dryers, smart-home technology, dual-pane windows and private patios or balconies. Community amenities include a resort-style swimming pool, 24-hour fitness center, two dog parks and a pet washing station.
Avila Real Estate Capital has raised $390 million from two institutional investors—a large insurance company and a university endowment—to expand its homebuilder financing operations. The capital boost brings Avila's total commitments and co-investments above $750 million. The private real estate credit platform finances land acquisitions, horizontal development, construction and finished-lot delivery in major US growth markets. It has financed more than 18,000 lots and aims to reach 100,000 over the next five years. Existing investors include six top-20 US homebuilders: D.R. Horton, LGI Homes, Century Communities, Toll Brothers, Dream Finders Homes and DRB Group. Hillwood, led by Ross Perot Jr., also backs the firm. The raise follows Avila's recent closing of a $305 million credit facility supporting development of more than 3,000 California lots.
D.R. Horton's Maryland Division celebrates grand opening of Summervale, a premier master-planned community in Frederick. Planned for approximately 296 homesites, Summervale will bring nature-inspired amenities, two decorated model homes and a new vision for living in West Frederick FREDERICK, Md., September 18, 2026 (Newswire.com) - D.R. Horton's Maryland division will celebrate the grand opening of Summervale, a premier master-planned community in Frederick, with a ribbon-cutting ceremony on Tuesday, September 29, 2026, from 12:00 p.m. to 3:00 p.m. Located near Old Frederick Road and easily accessible to Interstate 70, Summervale reflects Frederick's continued growth and increasing demand for thoughtfully designed neighborhoods offering convenience, connection and an active lifestyle. "The City of Frederick continues to deliver on natural beauty and historic charm, earning its spot as one of the Top 100 Best Places to Live by Livability.com and Money Magazine. We are excited to expand our footprint and welcome the community," said Joanie McCann City Manager of D.R. Horton's Maryland Division. Early interest has been strong at Summervale. Much of the excitement can be attributed to the community's exceptional location - central to a wealth of shopping, dining and entertainment in West Frederick and minutes from Downtown. Summervale also plans to offer in-community lifestyle amenities, including extensive green space, playgrounds, walking paths, picnic areas, a garden and a dog park. Homes offered at Summervale range from approximately 1,763 to 3,233 square feet with both townhomes and single-family plans available for homebuyers of all walks of life. Each home will feature an open-concept layout, two-car garage and D.R. Horton's Smart Home(R) Technology package. Homes are now available for purchase. "As the community continues to attract new residents, employers and investment, we are poised to expand local housing opportunities while creating a distinctive community experience that reflects the character of West Frederick," says McCann. "We are offering our homeowners more than a home, giving them the opportunity to improve their quality of life." Ribbon Cutting Celebration Real estate professionals, prospective homebuyers, local businesses, community partners and area residents are invited to attend Summervale's ribbon cutting celebration. Guests will have the opportunity to tour the community's professionally staged model homes, explore Summervale's vision and future amenity plans, meet members of the D.R. Horton team and enjoy the event's entertainment and hospitality. The celebration will feature local food and refreshments. Date: Tuesday, September 29, 2026 Time: 12:00 p.m. - 3:00 p.m. Ribbon Cutting: 1:00 p.m. Location: Summervale, 1566 Bentstalk Drive, Frederick, MD 21703 Representatives from D.R. Horton, the Frederick Chamber of Commerce and local community leaders are expected to participate in the ribbon-cutting ceremony. The event will also recognize the engineers, planners, trade partners, consultants, community leaders and D.R. Horton team members whose collective efforts helped bring the vision for Summervale to life. Interest in Summervale continues to build and select home plans and homesites are now available for purchase. To learn more, explore available homes, or request a private community tour before the grand opening please visit the Summervale Community Page or call 240-789-4210. About Summervale Summervale is a premier master-planned community located near I-70's Exit 49 in West Frederick, MD. Rooted in agricultural history, the project will offer a variety of home designs and an extensive collection of planned amenities supporting recreation, wellness and connection. About D.R. Horton D.R. Horton, "America's Builder," has been building families beautiful homes in desirable locations for 47 years. America's largest homebuilder by volume since 2002, D.R. Horton has built more than 1,200,000 homes with quality, functionality, value and style in mind. For more information about D.R. Horton's Maryland Division, please call (240) 789-4210 or visit www.drhorton.com/maryland. Home and community information including pricing, included features, terms, availability and amenities are subject to change and prior sale at any time without notice or obligation. Food and refreshments available while supply lasts. D.R. Horton is an equal housing opportunity builder. (C) 2026. D.R. Horton, Inc. All rights reserved. Media Contact
D.R. Horton acquires 47 additional lots at Entrada Del Toro in Rancho Sahuarita. SAHUARITA, ARIZONA (Sept. 18, 2026) - D.R. Horton purchased 47 finished residential lots in the Entrada Del Toro neighborhood at Rancho Sahuarita for $4.79 million, continuing the homebuilder's expansion within the master-planned community. The sale closed Sept. 10 for $4,785,300, or approximately $101,814 per lot. The lots encompass approximately 7.66 acres near 698 W. Calle Manolette in Sahuarita. RSMC VIII LLC, an affiliate of Rancho Sahuarita represented by President Jeremy Sharpe, sold the property. D.R. Horton Inc. of Scottsdale was represented by Sam Mills, division vice president of land. The acquisition includes lots located throughout Entrada Del Toro, a developing neighborhood within Rancho Sahuarita. The lots are finished and ready for home construction, eliminating much of the infrastructure work typically required before vertical development can begin. The transaction builds upon D.R. Horton's earlier investment in Entrada Del Toro. In November 2025, the homebuilder purchased its first 30 finished lots in the neighborhood for $2,825,625, or approximately $94,188 per lot. With the latest acquisition, D.R. Horton has purchased at least 77 finished lots at Entrada Del Toro for a combined investment of approximately $7.61 million. The per-lot price in the September transaction was about 8% higher than the price paid in the November acquisition. D.R. Horton is already marketing new homes in Entrada Del Toro, with single-story floor plans offered within the Rancho Sahuarita master-planned community. The neighborhood provides access to Rancho Sahuarita's established recreational facilities, parks, trails and other community amenities. The acquisition reflects continued builder demand for finished lots in Sahuarita, where existing infrastructure and master-planned amenities allow homebuilders to bring new inventory to market more quickly. It also represents another phase of residential growth at Rancho Sahuarita as development continues in the community's newer neighborhoods.
Scaffold, an Austin-based software company using AI to coordinate residential construction, has raised $15 million in seed funding led by Navitas Capital. The platform connects to portals of 29 of the top 30 US homebuilders and has been deployed on over 200,000 homes across 30 states. The company automates coordination between trade contractors and homebuilders, eliminating manual data entry across multiple systems. Contractors report 50% fewer dry runs, an 89% reduction in errors, and an 83% reduction in purchase order processing time within 60 days. Investors include homebuilders D.R. Horton and Pulte Homes, suppliers Builders FirstSource and Windsor America, and housing analyst Ivy Zelman. The funding will expand Scaffold's engineering team and broaden platform coverage. Scaffold was founded in 2024 by Ben Johnson, former founder of Spruce, and Robert Eanes, co-founder of Pingboard.