Investment Overview

• Target return of 24% annually, offering strong yield potential.

• Equity multiple of 1.84x over a 42-month hold period.


• Minimum investment of $50,000 with a total capital raise of $8 million.


• Institutional-grade residential development in a high-growth corridor.


• Target return of 24% annually, offering strong yield potential.

• Equity multiple of 1.84x over a 42-month hold period.


• Minimum investment of $50,000 with a total capital raise of $8 million.


• Institutional-grade residential development in a high-growth corridor.

Project Overview

Ashton Bend BTR is a thoughtfully planned 252-unit build-to-rent development located in East Austin, one of the fastest-growing residential and employment corridors in Texas. The project features spacious townhome-style units averaging approximately 1,163 square feet, each designed with private garages and backyards to meet the evolving preferences of modern renters.

Residents will benefit from a curated set of amenities, including a clubhouse, fitness center, and expansive green spaces, delivering a high-quality living experience comparable to single-family home ownership.


Location Advantage

Positioned within 2 miles of the Tesla Gigafactory, a major employment center with 20,000+ employees, the project is strategically aligned with continued job growth, economic expansion, and rising population inflows, reinforcing long-term housing demand in the area.


Why This Deal Stands Out

Strategically positioned along FM 969 near Highway 183, the project benefits from immediate proximity to the Tesla Gigafactory, located just two miles away. This major employment hub continues to drive population growth and rental demand across the region.


The build-to-rent model addresses a critical gap in the housing market, catering to families and professionals who seek space, privacy, and flexibility but are priced out of homeownership. With limited competing supply in the surrounding area, Ashton Bend is well-positioned to capture sustained demand.


Ashton Gray Development brings over 16 years of experience and a proven track record of delivering over $1.24 billion in projects, with a consistent history of returning 100% of investor capital. This vertically integrated approach ensures execution efficiency and cost control.

Site Plan

Financial Specs

The project has an estimated total development cost of approximately $64.7 million with a projected exit value of around $85.02 million, creating approximately $20.36 million in value. This translates into a deal-level IRR of 31.20% and an equity multiple of 2.56x.