1) Valley Ridge – Canyon Lake, Texas 

Build-to-Rent | 3-Story Custom Single-Family Homes

 

 

• Total Homes: 5 (New Construction)

• Average Size: 2,010 sq ft

• Total Acquisition Cost: $2,250,000 ($450K per home)

• Average Rent: $2,500/month per home

• Projected Annual Gross Income: ~$150,000

Highlights:

• Premium multi-level design capturing the Hill Country Views

• Differentiated product vs. traditional rentals (Higher Tenant Quality)

• Brand-new custom-built homes (delivery: May, 2026)

• Strong Hill Country rental demand

• Expansion Opportunity: 10 additional lots available (Dec 2026 delivery)

 

 

2) Acorn Acres – Lockhart, Texas (Greater Austin MSA)

Build-to-Rent | Duplex Community

 

 

 

• Total Buildings: 82 Duplexes

• Total Units: 164 Units

• Average Unit Size: 1,716 sq ft

• Average Rent: $2,200 – $2,500/month

• Total Project Cost: $52,000,000

• Projected Net Annual Cash Flow:
  $4.3M – $4.9M (after expenses)

 

Phase 1 (Initial Development)

• Capital Requirement: $10,000,000

• Scope: First 15 Duplexes

• Target IRR: 15% – 22%

Exit Strategy

• Lease-up and stabilization

• Year 3 sale of Phase 1 assets

• Projected Exit Value: ~$785,000 per duplex

 

Highlights

• Proven duplex model balancing density and tenant demand

• More efficient than single-family, more desirable than apartments

• Strong demand for family-oriented rental product

• Located in high-growth Lockhart/Austin expansion corridor

• Scalable phased development with repeatable returns

 

3) Dripping Springs Village – Dripping Springs, Texas

Build-to-Rent | Townhome Community

 

 

• Site Size: 2.19 Acres

• Total Buildings: 10

• Total Units: 30

• Average Unit Size: 1,600 sq ft

• Average Rent: $2,900/month

• Projected Annual Rental Income:
  $1,044,000

• Total Project Cost: $15,600,000

• Target IRR: 14% - 17%

• Hold Period: ~5 Years

 

Highlights

• Located in Dripping Springs (affluent Austin submarket)

• Premium BTR townhome product in supply-constrained market

• Strong appreciation and exit potential

Message me if you have interest at https://www.linkedin.com/in/robertwhiteertx/