Leander, TX · Austin MSA · Multifamily Construction
Oaks of Leander
200-unit proposed ground-up multifamily development at 1200 Halsey Dr., Leander — adjacent to Benbrook Park in one of Austin's fastest-growing suburbs. $42M total project cost targeting 20% IRR, 125% ROI over 5 years, and 10% stabilised cash yield.
Raising Capital
200 Units · Ground-Up
Leander · Austin MSA
Austin-MSA multifamily.
Ground-up, park-adjacent.

Oaks of Leander is a proposed 200-unit multifamily construction project in Leander, Texas — a high-growth Austin suburb with accelerating corporate, industrial, and mixed-use development. The site sits adjacent to Benbrook Park, offering natural-amenity proximity that differentiates the scheme in a submarket that has historically been underserved for Class B+ garden-style rental product.

Address: 1200 Halsey Dr., Leander, TX 78641
Offering Snapshot
Total Units200
Property TypeApartment (Multi-Family)
Year BuiltProposed
Project Cost$42M
Minimum Investment$50,000
Target IRR20.00%
Target ROI (5-yr)125%
Target Cash Flow10%
SubmarketLeander · Austin MSA
01
Executive Summary
The Opportunity

Oaks of Leander is a proposed 200-unit multi-family construction project at 1200 Halsey Drive, Leander, Texas — strategically positioned in one of the Austin metropolitan area's fastest-growing suburbs, adjacent to the natural amenity base of Benbrook Park. Total project cost is $42 million, targeting a 20% IRR, 125% 5-year ROI, and 10% stabilised cash-on-cash yield at a $50,000 minimum investment.

The investment thesis rests on three pillars: (1) Austin MSA growth tailwinds — consistent ranking among fastest-growing U.S. metros; (2) Leander supply-constrained submarket — $1B+ of announced commercial/industrial pipeline while Class B+ multifamily supply lags demand; (3) Ground-up new-build premium — modern finishes plus resort-style amenities plus direct Benbrook Park proximity.

02
Performance Metrics
Value Creation · Approvals · Capital Deployment
Value Creation Pathway
Entitled Site
$5M
Land basis
Post-Construction
$42M
All-in cost basis
Lease-Up (Y3)
$45–48M
Ramping NOI value
Stabilised (Y5)
$50–54M
93%+ occupied
Base Case Exit
$54M+
NOI ÷ 5.75% cap
Approvals & Execution Timeline
Site Control
Site Under Control
1200 Halsey Dr., Leander — 200-unit Class B+ site identified and under site control.
Offering Launch
Offering Memorandum Live
Deal-preview memo published; outreach to institutional and accredited capital sources active.
Current
Raising Construction Capital
$42M raise in progress — senior construction debt + LP equity + sponsor co-invest.
Capital Close + 0–2 mo
Final Entitlements & Mobilisation
Final site-plan approval, building permits, and civil site-work mobilisation.
M3–M22
Vertical Construction
Foundations → envelope → MEP → interior fit-out → amenity build-out. 18–22 month construction window.
M20–M36
Lease-Up & Stabilisation
Rolling lease-up to 93%+ economic occupancy by Month 30–36.
Year 5
Exit or Refinance
Sale to REIT/institutional buyer OR refinance-to-permanent with LP equity retention through long-term hold.
$42M Total Raise — Use of Funds
Use of FundsAmount% of TotalPurpose
Land Acquisition$5.0M11.9%1200 Halsey Dr. site closing
Hard Construction (200 × ~$140K/unit)$28.0M66.7%Vertical build + amenity structures
Soft Costs (A&E, permits, legal, financing)$4.0M9.5%Pre-construction and transaction costs
FF&E + Amenity Package$2.0M4.8%Pool, clubhouse, fitness, finishes
Interest Reserve + Carrying Costs$2.0M4.8%Debt service during construction
Lease-Up Operating Reserve$1.0M2.4%Operating support through stabilisation
Total Uses$42.0M100%—
03
Projects
Oaks of Leander — 200-Unit Multifamily · $42M Ground-Up
Active · Raising Capital
Oaks of
Leander
Leander, TX · 200 Units · Ground-Up
Project Cost$42M · 20% IRR Target

Proposed 200-unit ground-up Class B+ multifamily construction at 1200 Halsey Dr., Leander (Austin MSA). Adjacent to Benbrook Park. Modern in-unit finishes + resort-style community amenities. Target 20% IRR, 125% 5-year ROI, 10% stabilised cash yield. $50K minimum investment.

Business Plan Financials
Disclaimer · Investment Materials
Confidentiality & Forward-Looking Statements
This document summarises publicly-releasable project information and does not constitute an offer or solicitation of an offer to buy or sell securities. Forward-looking statements involve risks and uncertainties; actual results may differ materially. Past performance is not indicative of future results.

Confidential sponsor, contact, and financial details are available to authorized investors via the gated Bio & Contact and Business Plan materials.