New Construction Neighborhoods to Know in the Permian Basin
From affordable starter homes under $200,000 to upscale communities over $500,000, here's where buyers can find new construction around Midland and Odessa.
New construction continues to expand throughout the Permian Basin, giving buyers more choices when it comes to location, price point, floor plan and lifestyle.
Whether you're looking for your first home, moving up into something larger, or dreaming about building from the ground up, here are some of the new-construction communities worth knowing about.
PRICE NOTE: Prices below reflect advertised builder/community pricing as of August 2026 and are subject to change based on floor plan, lot, upgrades, available inventory and builder incentives.
MIDLAND
📍Mockingbird Ridge
Builder: Betenbough Homes
Starting Price: From approximately $199,000
Home Sizes: Approximately 1,005–2,660 sq. ft.
Mockingbird Ridge is one of Midland's most affordable options for buyers who want a brand-new home. The wide selection of floor plans also means buyers can move up considerably within the same community, with larger plans approaching the upper $300s.
Why it's worth watching:
- One of Midland's lowest entry points for new construction
- 2–4 bedroom options
- Multiple floor plans
- Planned parks and walking trails
- North Midland location
THE LUXE TAKE: A neighborhood to put on your list if your priority is getting into new construction while keeping your overall budget in check.
📍Heritage Oaks
New Construction: Multiple local builders
Current New-Build Price Point: Approximately $500,000+, depending on builder, home and lot
Heritage Oaks offers a very different new-construction experience. This is more of a move-up community, with larger homes, established neighborhood amenities, and opportunities to choose among local builders.
Current Mark Payne Homes inventory, for example, is advertised from approximately $509,500 to $632,500, with homes around 2,000–3,300 square feet.
Why buyers consider it:
- Larger floor plans
- Community amenities
- Northwest Midland location
- Move-up and higher-end options
- Multiple builders and home styles
THE LUXE TAKE: A great choice for someone who has outgrown their starter home and wants their next purchase to feel like a significant upgrade.
📍Woodland Park
Builder Options: Local builders including Mark Payne Homes
Starting Price: From approximately $428,500+
Woodland Park is another option for buyers looking for newer construction in North Midland. Homes tend to target the move-up buyer who wants newer finishes, comfortable square footage and a desirable location.
THE LUXE TAKE: Put this on the list if you're looking in the $400K+ range and want new construction in North Midland.
📍Stonebridge
Builder Options: Local builders including Mark Payne Homes
Price Point: Generally $400,000+, depending on current inventory and builder
Stonebridge is especially interesting for buyers who want the benefits of a new home with a more manageable lifestyle.
Patio-home options can appeal to busy professionals, empty nesters or anyone who simply doesn't want a huge yard to maintain.
THE LUXE TAKE: New construction isn't only about getting a bigger house. Sometimes the luxury is getting a home that requires less of your time.
ODESSA
📍Windmill Crossing
Builder: Betenbough Homes
Starting Price: From approximately $187,000
Home Sizes: Approximately 1,005–2,660 sq. ft.
Windmill Crossing currently offers one of the lowest advertised entry points for new construction in the Midland-Odessa area.
But don't think of it as exclusively a starter-home neighborhood. Larger Betenbough plans can take buyers well into the $300s.
Why buyers consider it:
- New homes starting under $200K
- 2–4 bedroom options
- Multiple parks and walking trails
- Convenient access to Andrews Highway and Loop 338
- Wide range of floor plans
THE LUXE TAKE: This one may surprise buyers who automatically assume a brand-new home will cost more than an existing one.
📍Deer Meadows
Builder: D.R. Horton
Starting Price: From approximately $277,000
Typical Range: High $200s–low $300s+
Home Sizes: Approximately 1,156–1,900+ sq. ft.
Deer Meadows gives Odessa buyers another relatively affordable path into new construction.
Current floor plans range from smaller three-bedroom homes to larger four- and five-bedroom options.
THE LUXE TAKE: A strong option for first-time buyers or families who want a brand-new home without moving into the $400K price range.
📍Yukon Ridge
Builder: D.R. Horton
Starting Price: From approximately $304,000
Typical Range: Low $300s–upper $300s+
Home Sizes: Starting around 1,469 sq. ft.
Yukon Ridge offers buyers larger floor plans and options ranging from three to five bedrooms.
Current plans include homes starting in the low $300s, with larger two-story plans moving toward the upper $300s.
THE LUXE TAKE: A good neighborhood for buyers who need more space but don't necessarily want to enter the $400K+ Midland new-construction market.
📍Homestead at Parks Bell Ranch
Builder: D.R. Horton
Current Price Point: Approximately $300,000–$460,000+
Homestead offers one of the widest selections of floor plans and price points in Odessa.
Depending on the plan and available inventory, buyers can find everything from more affordable three-bedroom homes to larger four- and five-bedroom properties.
The community also offers amenities including pools, playgrounds, walking areas and other recreational features.
THE LUXE TAKE: One of the stronger options for someone who wants the complete "new neighborhood" experience rather than simply purchasing a newly built home on an individual lot.
QUICK PRICE GUIDE
Community Location Approx. Starting Price
Windmill Crossing Odessa $187K+
Mockingbird Ridge Midland $199K+
Deer Meadows Odessa $277K+
Yukon Ridge Odessa $304K+
Homestead at Parks Bell Ranch Odessa $300K–$460K+
Woodland Park Midland $428K+
Stonebridge Midland $400K+
Heritage Oaks Midland $500K+ for select current new builds
WHAT DOES YOUR BUDGET BUY?
Under $250K
Start with Windmill Crossing and Mockingbird Ridge.
These communities offer some of the most approachable entry points into new construction in the Permian Basin.
$250K–$350K
Your options really start opening up.
Consider Deer Meadows, Yukon Ridge, Mockingbird Ridge, Windmill Crossing, and select homes in Homestead at Parks Bell Ranch.
$350K–$450K
This is an interesting sweet spot because buyers can compare a larger home in an affordable new-construction community against an entry-level home in a more expensive neighborhood.
Look at larger plans in Mockingbird Ridge, Windmill Crossing, Yukon Ridge, and Homestead, along with options approaching this range in Midland's higher-priced developments.
$450K–$600K+
Now you're entering Midland's move-up new-construction market.
Consider Heritage Oaks, Woodland Park, Stonebridge, and opportunities with local or custom builders.
THE LUXE PERSPECTIVE
One of the biggest mistakes buyers make with new construction is comparing homes based on the advertised starting price alone.
A home advertised "from $299,000" doesn't necessarily mean the home you fall in love with will cost $299,000.
Before comparing builders, look at the total price after considering:
- Lot premiums
- Structural upgrades
- Design selections
- Appliances
- Blinds
- Landscaping
- Fencing
- HOA or PID costs
- Property tax rate
- Builder incentives
- Closing-cost incentives
- Interest-rate incentives
Sometimes a $325,000 home with more included features can be a better value than a home advertised from $299,000.
And remember: the builder's sales representative represents the builder. Your Realtor represents you.
Having your own representation can help you compare communities, incentives, comparable sales, inspections, contracts, and resale considerations before making a decision.
Thinking About Buying New Construction?
Before you start touring model homes, let's talk.
I can help you compare new-construction neighborhoods throughout Midland, Odessa, and the surrounding Permian Basin based on your budget, location, commute, lot size, and must-have features.
And if you need to sell your current home before buying or building the next one, we can put together a strategy for both moves.
Let's find where your budget gets you the most in new construction.
Imelda Falcon
The Luxe Group | Keller Williams Realty