Your monthly payment can build your equity instead of your landlord's.
A new 3 bedroom, 2 bath home in Hill & Dale Ranch recently leased for $1,750 a month. A new Home Creations home of about the same size, just down the street, has an estimated first-year payment of $1,539 with our 3.99% special rate.*
Where your monthly payment goes
Rent covers a place to live for one more month, and nothing comes back to you when the lease ends. When you own, part of every mortgage payment lowers your loan balance, so each year you build more of a stake in your home.
Your payment helps pay off someone else's property.
Principal paid each month becomes value you keep.
Rent can rise at every renewal, while a fixed-rate loan keeps principal and interest the same.
Houston has a long history of rewarding Homeowners
Houston-area home values rose about 53% from 2010 to 2019, before COVID, and more than 331% since 1991.** If you plan to need a place to live for the next five years, that is five years of payments that could be working for you.
Why Hill & Dale Ranch makes owning easier
Since 1981, Home Creations has helped families move from renting to owning. At Hill & Dale Ranch, two homes are ready now and three are ready in October, with price reductions of up to $20,000 and just $45 earnest money on Quick Move-In Homes.
What the difference means for your budget
Here are a few examples of how first-year payments on our homes compare with recent rentals of new homes the same size in Hill & Dale Ranch.
Our 3 bedroom homes
Both 3 bedroom homes have estimated first-year payments below the $1,750 rent for a new 3 bedroom home in the neighborhood.
| Home | Per month | Vs. rent | First year |
|---|---|---|---|
| Rent, 3 bed, 2 bath | $1,750 | – | $21,000 |
| 25756 John Wayne Road | $1,539 | -$211 | $18,468 |
| 25778 John Wayne Court | $1,601 | -$149 | $19,212 |
| First-year savings, 25756 John Wayne Road | $211 | $2,532 |
Our 4 and 5 bedroom homes
A new 4 bedroom home in the neighborhood leased for $1,900. Our 4 and 5 bedroom homes all have estimated first-year payments below that.
| Home | Per month | Vs. rent | First year |
|---|---|---|---|
| Rent, 4 bed, 2.5 bath | $1,900 | – | $22,800 |
| 25752 John Wayne Road | $1,751 | -$149 | $21,012 |
| 25662 John Wayne Road | $1,820 | -$80 | $21,840 |
| 25799 John Wayne Court | $1,851 | -$49 | $22,212 |
| First-year savings, 25752 John Wayne Road | $149 | $1,788 |
Homes at Hill & Dale Ranch
Two homes are ready for move-in now, and three are ready in October.
25756 John Wayne Road
25778 John Wayne Court
25752 John Wayne Road
25662 John Wayne Road
25799 John Wayne Court
Special rate homes must be under contract by October 7, 2026, and close by November 22, 2026.
Questions to ask before you renew your lease
Use these questions to compare renting and owning on equal footing.
- How much will my rent go up at renewal?
- What will I have to show for the next five years of payments?
- What is the full monthly payment to own?
- How much do I need to get started?
Renting vs. owning FAQs
Is it cheaper to buy than rent in Splendora?
It can be. At Hill & Dale Ranch in Splendora, a new 3 bed, 2 bath home leased for $1,750 a month and a new 4 bed home leased for $1,900. Estimated first-year payments on comparable Home Creations homes in the same neighborhood start at $1,539 for 3 bedrooms and $1,751 for 4 bedrooms with a 3.99% special rate (6.781% APR).
What is a 2/1 buydown?
A 2/1 buydown lowers your interest rate for the first two years. With this offer the rate is 3.99% in year one, 4.99% in year two, and 5.99% fixed for years three through thirty, so the payment increases after years one and two.
What is included in the estimated monthly payment?
Principal, interest, property taxes, homeowner's insurance, and monthly mortgage insurance. HOA fees and additional closing costs are not included.
Why buy instead of renting a new home?
Even a brand-new rental builds equity for its owner, not for you. When you buy at Hill & Dale Ranch, part of every payment lowers your loan balance, and the home is yours to make your own.
How soon can I move in?
Two of the five available homes at Hill & Dale Ranch are ready now, and three are ready in October. To use the special rate, homes must be under contract by October 7, 2026, and close by November 22, 2026.
How much money do I need to get started?
Earnest money is just $45 on Quick Move-In Homes. The special rate is based on a 30-year FHA loan with 3.5% down. A New Home Consultant can walk you through the full amount due at closing.
Your next lease renewal is a good time to compare.
Our New Home Consultants would be glad to show you a Ready Now home, walk you through the full monthly payment, and help you decide whether owning is right for your family. Schedule a tour today.
Looking to get out of your lease early? We may be able to help. Contact us today to talk through your options.
Call or text Ella for more information at 832-615-2922
*Pricing subject to change without notice. Special incentive rate valid on select homes only. Home purchase contract must be signed before 10/7/2026, and must close by 11/22/2026. 3.99% rate reflects a 2/1 temporary interest rate buydown, reducing the fixed rate during the 1st year from 5.99% to an effective first-year rate of 3.99%, and an effective second-year rate of 4.99%. Rate to be fixed at 5.99% for years 3-30. APR of 6.781% is based on market pricing as of 9/18/26 on a $289,990 sales price with 3.5% Down 30-year FHA loan, and a minimum 740 credit score. Incentive based on 30-Year FHA Loan for approved buyers using CMG Home Loans lender credit (participating lender) and seller credit. Not all buyers will qualify. All mortgage terms and conditions are subject to credit approval. This is not a commitment to lend. Rates may change or not be available at time of lending commitment, lock in, or closing. Payment includes estimated principal, interest, property taxes (community tax rate with assumed homestead exemption of 30% of purchase price), homeowner's insurance ($1,250/year), and monthly mortgage insurance (.55%). FHA upfront MIP (1.75%) is financed into the loan amount. Payment will increase after years 1 and 2. Borrower must qualify for and be able to afford the full note rate. Taxes, insurance, and other costs may vary. HOA fees and additional closing costs not included. Homestead exemption applies to primary residence only and must be applied for and approved. All incentive offers supersede preferred lender and seller credit per page 9 of real estate purchase contract. Not valid on contract rewrites, transfers or on previously signed contracts. Equal Housing Opportunity. Please see a Home Creations New Home Consultant for more information.
Rent comparisons are based on new-construction homes in Hill & Dale Ranch, per HAR MLS: a 3 bedroom, 2 bath home that leased for $1,750 per month on 4/23/2026, and a 4 bedroom, 2.5 bath home that leased for $1,900 per month on 3/25/2026. 3 bedroom homes are compared with the 3 bedroom rental; 4 and 5 bedroom homes are compared with the 4 bedroom rental. Rents vary by property and lease terms. First-year difference compares that rent with the estimated first-year payment shown and is for illustration only.
**Source: FHFA House Price Index / FRED, Houston-The Woodlands-Sugar Land metro area. Historical appreciation does not guarantee future results. Real estate values can rise or fall.
