Tim
11/24/2024
Tim
Our residential development at 5111 Maufrais Ln just took another huge step forward with the completion of our application for subdivision having been completed this week.
The completed 5111 Maufrais Ln subdivision application can be found here on the city of Austin’s website. As part of the subdivision process in Austin, we are now expecting to wait 45 days for final approval of the plat. During that time we will be finalizing structural engineering based on the designs by our architect.
Our Austin oz fund seeking opportunity zone investors in the construction component of the 5111 Maufrais project. Current estimates project the full construction cost to come in at around ~$1.6M and with a lead time of between 12 and 18 months once final plans are approved. Investing in the construction offers a unique opportunity for real estate investors.
Since most of the value add has now been achieved through the subdivision process, investors entering now would have significantly less risk exposure than a year ago. We are able to accommodate investors looking to spread risk across all our projects or who would prefer to invest directly in the 5111 Maufrais development.
Established in 2003, Barron Custom Design is an award-winning boutique architectural design firm. Projects by Barron Custom Design have been featured in the HGTV Pro-Design network, Houzz and Apartment Therapy.
BCD’s portfolio includes custom single family and small-scale multi-unit residential projects, as well as working with builders, developers, and small commercial projects. The goal for each of their projects is to create beautiful, functional, and sustainable spaces. They strive to meet the needs of the specific client while blending design to fit within a community. With an extensive background in technical knowledge, they have the experience to guide and assist clients through the design process. Learn more here: barroncustomdesign.com
360 Degree Construction has established a reputation as a custom builder of high-quality, unique homes in Austin, Houston and San Antonio, with a legacy spanning over 10 years. Our homes offer outstanding design and craftsmanship with meticulous attention to detail, all personalized to suit your lifestyle.
We build to exceed expectations. Learn more here: 360degree.construction
