Single-Family Residential Development Opportunity in Texas

This listing presents a private investment opportunity in a single-family residential development project located near a large, growing metropolitan area in Texas. The project involves the development of 562 lots for single-family homes. Key milestones such as Land Plan, Engineering, and Entitlements are already complete, with construction anticipated to commence in Q4 2022. The developer is seeking $3,000,000 in equity and $4,000,000 in debt for the initial phase of 100 lots. Financing is structured with a reputable mezzanine lender providing 70% of the debt. Investors have the opportunity to partner with the developer, with expectations of selling 100 lots in the first year. Home purchase prices are projected to range from $300,000 to $450,000, offering an excellent rate of return with a reasonable payout period.