Mission Statement

Develop innovative rental communities that offer diverse and flexible living experiences for residents, and their pets, who seek private spaces, convenience, and modern amenities.

About Us

Urban Moment Development (“UMD”), a prominent real estate enterprise focused on the acquisition, development, construction, and asset management of horizontal multi-family communities recognized by the brand names Urbana^® and YardHomes^®. Our unique communities blend traditional single-family and multifamily development. We offer the comfort and space of a single-family home with the service, security, and amenities of multi-family apartment communities. And, of course, each home comes with its own backyard!

History

2003

Urban Moment Development (‘UMD’) was formed in Tucson, AZ as a land development company with a focus and South Arizona opportunities.

2010

Following the housing crash and financial recession, UMD created Mesquite Homes after recognizing an opportunity to develop custom homes in Tucson, AZ at a time when regional homebuilders exited the market.

2016

UMD makes a strategic shift to focus primarily on horizontal multifamily development after identifying an opportunity to utilize the team’s land development and home-building experience in the build-for-rent space.

2017

UMD relocates land acquisition functions to Austin, TX and begins focusing on Central Texas opportunities for horizontal multifamily developments.

2018

UMD launches the Urbana YardHomes^® brand for its horizontal multifamily communities.

2019

Construction begins on Urbana YardHomes^® at Goodnight Ranch in Austin, TX.

2020

UMD partners with a well-known, institutional real estate private equity company to develop Urbana YardHomes^® throughout Texas and relocates their headquarters to Austin, TX.

2022

UMD breaks ground on its first YardHome^® properties in each San Antonio and Dallas/Fort Worth markets.

2023

Following rapid expansion in the Texas markets, Urbana^® and YardHomes^® are separated into two distinct brands focused on different target markets and renters. YardHomes^® becomes the primary brand for UMD’s developments.

Green Initiatives

Each of our Urban Moment^™ development projects are meticulously planned for enhanced energy and cost efficiency, with a strong focus on advancing sustainability.

High performance insulation and HVAC systems
100% electric homes.
LED lighting and energy efficient appliances
Smart home technology
EV charging stations and hook ups

We're In The Press

Urban Moment Development is building 248 rental homes on San Antonio’s far West Side. Read more from San Antonio Express News.

Urban Moment Development has begun leasing a project in Round Rock that will bring 247 rental homes to the fast-growing suburb just north of Austin.

YardHomes™ Meadow Lake, our build-to-rent community, could soon break ground in Round Rock. Read more from Community Impact.

The Austin area is home to several of these rental communities. The most recent project is Urbana^®, a mixed-use, master-planned community off Slaughter Lane in Southeast Austin.

Urban Moment Development is investing heavily in Central Texas’s Build-To-Rent Market. Read more about Urban Moment Development from Austin Business Journal.

Austin company, Urban Moment Development, will build about 300 rental homes in Garland, TX. Read more about this from The Dallas Morning News.

After receiving rezoning for a mixed-use Planned Unit Development, Urban Moment Development will begin construction on their Urbana YardHomes™ concept. Read more here.

96-acre planned unit development with residential and commercial space to move forward on its construction in far east Pflugerville. Read more here!

Urban Moment is bringing several single-family rental communities to Pflugerville, including Urbana at Cottonwood Creek in Hutto, Urbana^® at Hero Way in Leander, and Urbana^® at Meadow Lake in Round Rock.

Neighborhoods like YardHomes™ are becoming more popular in Austin. Take an in-depth look at Austin’s build-to-rent-homes here!

At least six such build-to-rent communities already exist within 20 miles of Austin, with 11 more in the works, totaling more than 2,500 new homes. Read more here from The Washington Post.