Investment Summary

StoryBuilt is pleased to offer the opportunity to invest up to $15,000,000 into five communities currently being developed by PSW Real Estate, LLC and PSW Urban Homes, LLC. The investment targets more than a 20% annualized return via a revenue-sharing cash flow stream from the close-out of the communities.

Market Highlights

The landscape of Texas real estate is changing quickly. Austin is a recent landing spot for Tesla, BAE Systems, Apple, Dell Medical School. Austin and Dallas/Fort Worth are attracting home buyers looking to make a new start outside of San Francisco, Los Angeles, and New York. These changes happening now pave the way for the projected population growth by 24 million in 2050.

1 Estimation, subject to change
2 As of 4/14/2021
3 Assuming the same patten of migration between 2000-2010, Texas Demographic Center

- closed to new subscriptions -

OFFERING SIZE
$15,000,000
(100% subscribed)

MINIMUM INVESTMENT
$100,000

SUITABILITY STANDARDS
Accredited Investors

TERMS
6% Preferred / 20% Annualized Return1
12-18 Months

SALES
115 / 140 homes in contract2
82% in contract / 18% remaining

Financial Summary

Updated: 14 April 2021 | 3:00pm CST

Project - HomesTotalFrank. WestLucy.North Bluff 3MeridianLuma
Remaining Homes1402927331635
Sold1151527331624
Unsold251400011
Project - RevenueTotalFrank. WestLucy.North Bluff 3MeridianLuma
Remaining Homes$85,187,489$36,603,585$14,085,405$12,291,411$6,869,798$15,337,290
Sold$58,165,564$14,601,660$14,085,405$12,291,411$6,869,798$10,317,290
Unsold$27,021,925$22,001,925---$5,020,000


Frank. West
Lucy.
North Bluff 3
Meridian
Luma

AUSTIN – Frank. West

Site: 900 S 2nd St, Austin, TX 78704

A community of 23 single-family homes and 7 townhomes set in a grove of mature live oaks. Located just west from our successful Frank. Condo project in central south Austin.

View Community

Construction
Check here for updates.

 

AUSTIN – Lucy.

Site: 3412 Pennsylvania Ave, Austin, TX 78721

27 cottage style single-family homes and a community pool in rapidly growing east Austin. Designed to attract young families and professionals to this eclectic and creative area.

View Community

Construction
Check here for updates.

 

AUSTIN – North Bluff 3

Site: 814 N. Bluff Dr, Austin, TX 78745

The third and final piece in our North Bluff communities. 1 & 2 have sold out. North Bluff 3 is 33 single-family and townhomes with attractive amenities including a private dog park and greenspace. Just 7 miles from downtown Austin.

View Community

Construction
Check here for updates.

 

DALLAS – Meridian

Site: 1229 Clifftop Lane, Dallas, TX 75208

53 clifftop homes in trendy West Dallas. Amazing downtown views. Close to the expanding Trinity River Corridor Project’s hike/bike trails, restaurants and food trucks, and ever-changing neighborhood events.

View Community

 

SAN ANTONIO – Luma

Site: 102 Tendick Street, San Antonio, TX 78209

43 townhomes in the highly walkable Mahncke Park neighborhood. 1 mile from the beloved Pearl district and 3 miles from downtown. Our architecture team tailored the site for indoor and outdoor living by including a central community greenspace.

View Community

Construction
Check here for updates.