Modern white building on a cliff overlooking dark stormy seas.

Invest in High-Growth Texas Residential Land

OpenAcre acquires, entitles, and develops residential land into finished homesites for leading homebuilders.

Modern white building on a cliff overlooking dark stormy seas.

Invest in High-Growth Texas Residential Land

OpenAcre acquires, entitles, and develops residential land into finished homesites for leading homebuilders.

Modern white building on a cliff overlooking dark stormy seas.

Invest in High-Growth Texas Residential Land

OpenAcre acquires, entitles, and develops residential land into finished homesites for leading homebuilders.

Our Trusted Partners

Our Trusted Partners

Why OpenAcre

Experienced leadership in Texas residential land development

Led by industry veterans Tom Hargrove and Brian Mcgown, who brings more than 30 years of experience developing residential communities and working with homebuilders, engineers, and municipal utility districts across Texas.

  • Gray modern farmhouse with ivy, a pool, and lounge chairs in a grassy area.
    Gray modern farmhouse with ivy, a pool, and lounge chairs in a grassy area.
  • Rustic wooden cabin homes on a forested, rocky hillside road.
    Rustic wooden cabin homes on a forested, rocky hillside road.
  • Stone church steeple rising above traditional half-timbered houses.
    Stone church steeple rising above traditional half-timbered houses.
  • Modern house exterior with a pool and outdoor dining area.
    Modern house exterior with a pool and outdoor dining area.
  • Medieval stone castle wall and tower with orange roofs against a pale sky.
    Medieval stone castle wall and tower with orange roofs against a pale sky.
  • Outdoor seating area with drinks and a straw hat facing the bright blue ocean.
    Outdoor seating area with drinks and a straw hat facing the bright blue ocean.
  • Gray modern farmhouse with ivy, a pool, and lounge chairs in a grassy area.
  • Rustic wooden cabin homes on a forested, rocky hillside road.
  • Stone church steeple rising above traditional half-timbered houses.
  • Modern house exterior with a pool and outdoor dining area.
  • Medieval stone castle wall and tower with orange roofs against a pale sky.
  • Outdoor seating area with drinks and a straw hat facing the bright blue ocean.

Investment Opportunity

Unique Opportunity for Investors

OpenAcre focuses on a critical stage of the housing supply chain, acquiring and developing residential land into finished homesites delivered to homebuilders in high-growth Texas markets.

Parking spcae

Exposure to Texas Growth

Texas continues to lead the nation in population growth and housing demand.

Parking spcae
Parking spcae

Exposure to Texas Growth

Texas continues to lead the nation in population growth and housing demand.

Parking spcae
Elevator access

Strong Builder Demand

Homebuilders rely on developers to supply entitled, infrastructure-ready homesites.

Elevator access
Elevator access

Strong Builder Demand

Homebuilders rely on developers to supply entitled, infrastructure-ready homesites.

Elevator access
Children's play

High-Yield Value Creation

Land value increases as projects move through entitlement, infra development, & lot delivery.

Children's play
Children's play

High-Yield Value Creation

Land value increases as projects move through entitlement, infra development, & lot delivery.

Children's play
Speedy internet

Capital Efficient Structures

Municipal Utility District financing can enhance project economics and capital efficiency.

Speedy internet
Speedy internet

Capital Efficient Structures

Municipal Utility District financing can enhance project economics and capital efficiency.

Speedy internet
Fire protection

Essential Infrastructure

Finished homesites are a critical component of the housing supply chain.

Fire protection
Fire protection

Essential Infrastructure

Finished homesites are a critical component of the housing supply chain.

Fire protection
Yoga equipment

Experienced Execution

Success is driven by 23+ years of residential land development experience.

Yoga equipment
Yoga equipment

Experienced Execution

Success is driven by 23+ years of residential land development experience.

Yoga equipment

The PROCESS

How OpenAcre creates value

Open Acre advances projects from land acquisition to finished homesites delivered to homebuilders. Most developments progress through this lifecycle over approximately three years, with capital returned as lots are sold.

Land Acquisition

01

Identify well-located land positioned for future residential growth.

Land Acquisition

01

Identify well-located land positioned for future residential growth.

Entitlement & Planning

02

Advance zoning, engineering, and community planning required for residential development.

Entitlement & Planning

02

Advance zoning, engineering, and community planning required for residential development.

Infrastructure Development

03

Install utilities, drainage systems, and roadways to create build-ready homesites.

Infrastructure Development

03

Install utilities, drainage systems, and roadways to create build-ready homesites.

MUD Formation & Infra Financing

04

When appropriate, establish Municipal Utility Districts and utilize bond financing to support infrastructure development.

MUD Formation & Infra Financing

04

When appropriate, establish Municipal Utility Districts and utilize bond financing to support infrastructure development.

Lot Sales & Capital Return

05

Finished homesites are sold to national and regional homebuilders, generating project revenue and returning capital and profits to investors.

Lot Sales & Capital Return

05

Finished homesites are sold to national and regional homebuilders, generating project revenue and returning capital and profits to investors.

Investor Portal

A Modern Investment Experience

Our investor portal provides secure access to investment offerings, performance updates, documents, and distributions all in one place.

01

Investment Opportunities

02

Secure Document Access

03

Investment Tracking

04

Capital Calls

05

Distributions

06

Project Updates

07

Investor Communication

08

Account Management

01

Investment Opportunities

02

Secure Document Access

03

Investment Tracking

04

Capital Calls

05

Distributions

06

Project Updates

07

Investor Communication

08

Account Management

Modern minimalist building by the sea at dusk, with sleek white walls, glowing interior featuring a red chair, and a calm, serene atmosphere.

Active Offering

OpenAcre Salem Development | Tomball, Tx

A 40 -lot residential development in Tomball, Texas with an 18-20% target IRR and a 1.46 equity multiple

Modern minimalist building by the sea at dusk, with sleek white walls, glowing interior featuring a red chair, and a calm, serene atmosphere.

active offering

OpenAcre Salem Development | Tomball, Tx

A 40 -lot residential development in Tomball, Texas with an 18-20% target IRR and a 1.46 equity multiple

FAQ's

Have Questions?

Helpful responses covering buying, selling, renting, investing, and property management essentials

What is the expected investment timeline?

Most OpenAcre developments are structured around an approximately three-year lifecycle. This timeline includes land acquisition, entitlements, infrastructure development, and final lot sales to homebuilders. Investor capital is returned as finished homesites are sold.

How do investors receive returns?

Investors typically receive a preferred return, with profits distributed as the project generates revenue from lot sales. Once investors receive their preferred return and capital back, additional profits are shared according to the partnership structure.

What risks are involved in land development?

Like any real estate investment, development projects carry risks including market conditions, construction costs, and development timelines. OpenAcre mitigates these risks through careful site selection, experienced development partners, and established relationships with homebuilders.

Who builds the homes on the lots?

OpenAcre focuses on developing finished homesites, which are then sold to regional and national homebuilders who construct the homes. This approach allows the company to focus on land development while builders focus on home construction.

How are development projects financed?

Projects are typically financed through a combination of investor equity and infrastructure financing. In Texas, development infrastructure may also be supported through Municipal Utility District (MUD) financing and bond reimbursements, which help fund roads, utilities, and drainage systems.

How will investors receive updates?

Investors receive regular updates through the OpenAcre investor portal, where they can track project progress, access documents, review financial updates, and monitor distributions.

FAQ's

Have Questions?

Helpful responses covering buying, selling, renting, investing, and property management essentials

What is the expected investment timeline?

Most OpenAcre developments are structured around an approximately three-year lifecycle. This timeline includes land acquisition, entitlements, infrastructure development, and final lot sales to homebuilders. Investor capital is returned as finished homesites are sold.

How do investors receive returns?

Investors typically receive a preferred return, with profits distributed as the project generates revenue from lot sales. Once investors receive their preferred return and capital back, additional profits are shared according to the partnership structure.

What risks are involved in land development?

Like any real estate investment, development projects carry risks including market conditions, construction costs, and development timelines. OpenAcre mitigates these risks through careful site selection, experienced development partners, and established relationships with homebuilders.

Who builds the homes on the lots?

OpenAcre focuses on developing finished homesites, which are then sold to regional and national homebuilders who construct the homes. This approach allows the company to focus on land development while builders focus on home construction.

How are development projects financed?

Projects are typically financed through a combination of investor equity and infrastructure financing. In Texas, development infrastructure may also be supported through Municipal Utility District (MUD) financing and bond reimbursements, which help fund roads, utilities, and drainage systems.

How will investors receive updates?

Investors receive regular updates through the OpenAcre investor portal, where they can track project progress, access documents, review financial updates, and monitor distributions.

FAQ's

Have Questions?

Helpful responses covering buying, selling, renting, investing, and property management essentials

What is the expected investment timeline?

Most OpenAcre developments are structured around an approximately three-year lifecycle. This timeline includes land acquisition, entitlements, infrastructure development, and final lot sales to homebuilders. Investor capital is returned as finished homesites are sold.

How do investors receive returns?

Investors typically receive a preferred return, with profits distributed as the project generates revenue from lot sales. Once investors receive their preferred return and capital back, additional profits are shared according to the partnership structure.

What risks are involved in land development?

Like any real estate investment, development projects carry risks including market conditions, construction costs, and development timelines. OpenAcre mitigates these risks through careful site selection, experienced development partners, and established relationships with homebuilders.

Who builds the homes on the lots?

OpenAcre focuses on developing finished homesites, which are then sold to regional and national homebuilders who construct the homes. This approach allows the company to focus on land development while builders focus on home construction.

How are development projects financed?

Projects are typically financed through a combination of investor equity and infrastructure financing. In Texas, development infrastructure may also be supported through Municipal Utility District (MUD) financing and bond reimbursements, which help fund roads, utilities, and drainage systems.

How will investors receive updates?

Investors receive regular updates through the OpenAcre investor portal, where they can track project progress, access documents, review financial updates, and monitor distributions.