Estates at Plum Creek
ADDRESS: 151 Rikardson Road Kyle, TX 78640
ACQUISITION DATE: December 2021
DISPOSITION DATE:
NUMBER OF UNITS: 144
AVERAGE SQUARE FEET OF UNITS: 632 – 1,246
Built in 2021. Estates at Plum Creek is a 144-unit, fully-amenitized, single-family rental community in the Kyle submarket of Austin, TX.
The combination of a unique product type with a lack of affordably-priced traditional single-family homes has resulted in tremendous renter demand for these assets. The Kyle submarket is a prime location with direct connectivity to Austin’s sprawling downtown and tech job markets, with much more affordable rents. Additionally, Kyle is part of the burgeoning Hays County, the second-fastest growing county in the U.S. since 2010, expanding by nearly 50% since the start of the decade.