The small plane came down setting two other homes on fire.
Witnesses told local media that the plane seemed to be struggling to maintain altitude before it crashed.
A Federal Aviation Administration (FAA) spokeswoman said the jet was trying to land at a nearby airfield.
The Embraer Phenom 100 twin-engine plane crashed about one mile from the Montgomery County Airpark, Montgomery county fire department spokesman Pete Piringer told reporters.
A mother and two children in the home hit by the plane who were initially reported as missing have now been confirmed as dead, officials said.
The house was nearly completely destroyed. The two other homes also had significant damage.
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