The main new construction option left on Merritt Island. D.R. Horton townhomes on Houston Lane, three bedrooms, two and a half baths, a one-car garage, from around $259,990. If you want new on this island, this is largely it.
Merritt Island has almost no new construction. Island Forest Preserve sold out in early 2026. That leaves Banyan Point as the main actively selling new-build community on the island, which makes it worth understanding even if townhomes are not your first instinct.
D.R. Horton is building two-storey townhomes on Houston Lane in the 32953 zip. There is one floor plan, the Pearson, in two configurations: an end unit at about 1,463 square feet and an interior unit at about 1,464. Both are three bedroom, two and a half bath, with a one-car garage, upstairs laundry, a private patio and a walk-in closet in the primary suite.
Pricing starts around $259,990 for an interior unit, with end units starting in the mid $280s. Published figures vary a little between the builder's own site and third party listing sites, so treat the builder's number as the one that counts.
One practical note. D.R. Horton, like nearly every production builder, requires that your agent register you on your very first visit to the community. Tour the model alone and you generally forfeit representation there permanently. The builder pays the buyer agent compensation out of a budget they have already set, and going alone costs you your advocate. Call before you go.
Banyan Point is actively selling, so pricing and availability move. Below is what the builder publishes plus what we could independently confirm.
| Detail | What you get |
|---|---|
| Sales status | Actively selling. Note that every individual home listing we checked showed as under contract, so available inventory may be thin or between releases. |
| Builder | D.R. Horton |
| Location | Houston Lane, Merritt Island, FL 32953. Sales address 496 Houston Lane. |
| Housing type | Two-storey townhomes |
| Floor plan | One plan, the Pearson, in two configurations. End unit about 1,463 square feet, interior unit about 1,464. |
| Bedrooms and baths | 3 bedroom, 2.5 bath on both configurations |
| Garage | One-car garage |
| Starting price | From around $259,990 for an interior unit per the builder. End units start in the mid $280s. Third party sites report a $279,990 to $299,990 band, so confirm current pricing directly. |
| Total homes | Not published by the builder or any source we could confirm. |
| HOA | No fee figure published. We obtain it before you write. |
| Gated | Not mentioned by any source. We confirm rather than assume. |
| Waterfront | Not a waterfront community. |
| Agent registration | Required on your first visit, as with essentially every production builder. Call before you tour a model. |
Genuinely rare on Merritt Island now that Island Forest Preserve has closed out.
Included on both configurations.
Kitchen, dining and living run together on the ground floor.
On the bedroom level rather than the garage.
Outdoor space with each unit.
Walk-in closet and double vanity.
D.R. Horton energy efficient construction package.
The end unit costs more and has more exterior exposure. Worth deciding which you want before you inquire.
There is no active MLS listing filtered to Banyan Point right now, so this searches all of Merritt Island. When something does come up here it is usually gone quickly, so tell us and we will watch it for you.
Yes, it is actively selling by D.R. Horton. That said, every individual home we checked showed as under contract, so inventory may be thin or between releases. We can find out what is genuinely available this week.
D.R. Horton.
One plan, the Pearson, in two configurations. The end unit is about 1,463 square feet and the interior unit about 1,464. Both are three bedroom, two and a half bath with a one-car garage.
The builder publishes from around $259,990 for an interior unit, with end units from the mid $280s. Third party sites report a somewhat higher band, so treat the builder's current figure as authoritative and confirm before you commit.
Yes, and this matters. D.R. Horton, like nearly every production builder, requires your agent to accompany or register you on your first visit. If you tour the model alone and bring an agent later, you generally lose the ability to be represented at that community. The builder pays the buyer agent compensation out of a budget they have already set.
We obtain the current figure before you go under contract.
It is not a waterfront community. Gated status is not mentioned by any source, so we confirm it directly rather than assume.
Very little. Island Forest Preserve sold out in early 2026. If you want new construction with real choice, the mainland communities in Viera and West Melbourne have far more inventory.
Call before you visit the model. D.R. Horton requires your agent to register you on the first visit, and touring alone can cost you representation at the community permanently. One phone call protects you for the whole purchase.