Walton Global, a real estate investment and land asset management company, launched its Texas Growth 1 Delaware Statutory Trust (DST) focused on land-based investments.  

The offering known as Reese lies within the Extra Territorial Jurisdiction (ETJ) of the City of Rhome, TX and includes 129.90 acres of land with agricultural zoning and potential for a future public improvement district or municipal utility district. 

The site is estimated to build out to approximately 390 homesites upon completion. 

“We chose this parcel for our DST 1031 exchange offering as the area boasts a pro-business environment with a consistent population increase and houses over 50 international companies within the Dallas Fort Worth region,” said Todd Woodhead, EVP of Capital Markets at Walton Global. 

Originally launched in March 2023, Walton’s strategy focuses on all-equity growth opportunities with the potential for higher investor returns than traditional DSTs, as well as hold periods that are not artificially extended due to repayment restrictions that apply to most traditionally financed alternatives. 

The Texas Growth 1 DST exit strategy is targeted to be 3 to 5 years. 

“Texas is leading the country in both population and job growth. With the existing home supply significantly below balanced market levels, new construction now represents about 34% of the for-sale inventory, highlighting the critical role of new developments in meeting housing demand,” Woodhead added. 

Walton Global has over 90,000 acres of land under ownership, management and administration in the U.S. and Canada, totaling $3.3 billion. 

Pictured: Reese DST, City of Rhome, TX.