This opportunity is available for investment
CS1031 Texas Active Living New Braunfels, DST, a Delaware statutory trust, has been formed for the purpose of acquiring Emerald Cottages of New Braunfels, a recently constructed, boutique active adult community with 72 single-family-style cottage homes, located at 3025 Oak Run Parkway, New Braunfels, Texas 78132. The Property was completed in 2024 and is comprised of 17 single-story residential buildings and one standalone clubhouse with an outdoor pool, situated on approximately 11 acres of land. The Property consists of 12 one-bedroom, one-bathroom units and 60 two-bedroom, two-bathroom units, with an average unit size of 1,275 square feet.
The cottage homes at the Property were designed with the active adult demographic in mind. Open floor plans feature granite and stone countertops, wood and carpet flooring, a fully equipped kitchen with stainless steel appliances, dishwasher, disposal and microwave, an in-unit washer and dryer, central heating and cooling, and accessibility features throughout including zero-threshold showers. Each unit features a private entrance and an attached garage. Community amenities center on the clubhouse, which houses a fitness room, business center, and dining room, and extends to a swimming pool and a BBQ and picnic area. On-site management maintains a regular social calendar of exercise classes, community events, and entertainment for residents.
New Braunfels is located in Comal County, strategically positioned between San Antonio and Austin. The city has an estimated population of approximately 122,000, while Comal County totals roughly 209,000 residents. New Braunfels sits about 34 miles northeast of San Antonio and 48 miles south of Austin, providing convenient access to both major employment centers while maintaining a distinct local identity. The county’s median household income is approximately $101,889, reflecting an affluent and growing suburban market.
The Property is in the process of completing its initial lease-up. As of the date of this Memorandum, the Property was approximately 87.5% occupied and 91.7% leased.
All information is subject to the Sponsor's official Investment Documentation. For more information, including risk factors, view the .
Key benefits and features of this investment opportunity
All information is subject to the Sponsor's official Investment Documentation. For more information, including risk factors, view the .
The Property features 72 age-restricted (55+) cottage homes on an 11-acre site, completed in two phases between 2022 and 2024 as 17 single-story residential buildings plus a standalone clubhouse. The cottage homes feature a brick and stone façade and wood frame construction.
The Property is the largest community in the Emerald Cottages portfolio at 72 units, with high-quality design, large unit sizes, and quality finishes consistent with all Emerald Cottages communities.
Every home is single-story with a private entrance and an attached garage.
Interiors feature granite and stone countertops, wood and carpet flooring, a fully equipped kitchen with stainless steel appliances, in-unit washer and dryer, central HVAC, and accessibility features designed for the senior resident.
Community amenities include an approximately 4,400 square foot clubhouse, fitness room, business center, dining room, swimming pool, and BBQ and picnic area.
The Property is in the late stages of its initial lease-up and is currently 87.5% occupied and 91.7% leased as of the date of this Memorandum.
The Property features trailing 12-month resident retention of approximately 73% as of the date of this Memorandum.
The average in-place rent was $3,393, according to the September 2026 rent roll.
The Property was purchased on an all cash basis, with no mortgage debt.
The Property is located in Comal County, along the Interstate 35 corridor between San Antonio and Austin.
The City of New Braunfels has a population of 122,492, up 35.5% since the 2020 census and one of the faster growth rates of any city its size in the country.
The City is served by two full-service hospitals, CHRISTUS Santa Rosa at 590 employees and 132 beds and Resolute Baptist at 500 employees and 128 beds.
The offering documents below have been prepared and are being delivered by the Sponsor of this investment opportunity.
Get help from our team of investment specialists or use our portfolio builder tool to model this investment in your 1031 exchange strategy.
Property Type
Senior Living
Location
New Braunfels, TX
Year Built
2024
Occupancy Rate
87.5%
Please refer to the CS1031 Texas Active Living New Braunfels, DST - Private Placement Memorandum for more details regarding distributions and risk factors of the investment.
Capital Square Realty Advisors, LLC
Capital Square Realty Advisors, LLC is a national real estate firm headquartered in Richmond, Virginia. Capital Square specializes in sponsoring tax-advantaged real estate offerings, including Delaware statutory trusts (“DST”), qualified opportunity zone funds and a real estate investment trust, and development funds. The investor-centric firm has completed more than $8.99 billion in transaction volume and has overseen more than 170 real estate assets nationally. The firm is a leading sponsor of DST offerings for investors seeking replacement property as part of a Section 1031 exchange and other investors seeking cash flow and appreciation. The firm provides a range of services on a turn-key basis, including due diligence, acquisition, loan sourcing, property/asset management, and disposition, for over 6,500 high net worth investors, private equity firms, family offices and institutional investors nationwide. Capital Square strategically focuses on multifamily, healthcare, industrial and office properties for most of its DST offerings. Capital Square sponsors turn-key real estate investment offerings with low investment minimums to provide investors greater access to real estate investments. Since 2017, Capital Square has been recognized by Inc. 5000 as one of the fastest growing companies in the nation for nine consecutive years. In 2017, 2018 and 2020, the company was also ranked on Richmond BizSense’s list of fastest growing companies. Additionally, Capital Square was listed by Virginia Business on their “Best Places to Work in Virginia” report in 2019 and their “Fantastic 50” reports in 2019 and 2020. In 2023, Capital Square was recognized by the Richmond Times-Dispatch as one of the region’s “Top Workplaces.” In 2024, the firm was ranked #54 among the Top Inspiring Workplaces in North America.
Build-for-rent (“BFR”) homes, comprised of communities of single-family homes built for renting, have become an increasingly popular investment option among institutions and individual investors. Demand for this rental option continues to grow among residents who seek a single-family lifestyle, the financial and leasing flexibility of a rental with the amenities and convenience of a professionally managed property. As of September 2026, Capital Square is the sponsor of fifteen BFR communities, comprising over 1,000 units: Valley Ridge in Rossville, Georgia, a suburb of Chattanooga, Tennessee; Sidbury Station in Wilmington, North Carolina; Summit Townhomes in Knoxville, Tennessee; Brighton Townhomes in Atlanta, Georgia; Ashford Townes in Raleigh, North Carolina; Aspen Vista in Reno, Nevada; Creekside Terrace in San Antonio, Texas; Perch Denton in Dallas, Texas; Ironwood Homes at Rosefield in Phoenix, Arizona; Woodland Cottages Fredericksburg, located in Fredericksburg, Texas; Villages at Miami Gardens in Miami Gardens, Florida; Emerald Cottages of Stonebridge in McKinney Texas; Emerald Cottages of Waco in Waco, Texas; Emerald Cottages of Kerrville in Kerrville, Texas; and Emerald Cottages of Round Rock in Round Rock, Texas.
In addition, this Offering is the sixth offering sponsored by Capital Square involving active-adult communities, and the third offering involving the Emerald Cottages platform.
For more information, view the .
All details presented on this page are subordinate to and qualified entirely by the comprehensive information contained within the Sponsor's official Investment Documentation. The content displayed here remains incomplete and may be modified by the Sponsor without notice prior to closing. The Sponsor's Investment Documentation and related materials include critical details regarding investment goals, business strategies, potential risks, fees, costs, and additional material information that should be thoroughly evaluated before making any investment decision. The information presented on this page is insufficient for making informed investment choices.
This investment is speculative, highly illiquid, and involves substantial risk. There can be no assurances that all or any of Sponsor's assumptions, expectations, estimates, goals, hypothetical illustrations, or other aspects of Sponsor's business plans ("Assumptions") will be true or that actual performance will bear any relation to Sponsor's Assumptions, and no guarantee or representation is made that Sponsor's Assumptions will be achieved. If Sponsor does not achieve its Assumptions, your investment could be materially and adversely affected. A loss of part or all of the principal value of your investment may occur. You should not invest unless you can readily bear the consequences of such loss. Sponsor's Assumptions should not be relied upon as the primary basis for your decision to invest.
Sponsor is solely responsible for statements made concerning forward-looking statements and Assumptions, which apply only as of the date made, are preliminary and subject to change, and are expressly qualified in their entirety by the disclosures and cautionary statements included in Sponsor's Investment Documents, which you should carefully review. A Sponsor is obligated to update or revise such forward-looking statements or Assumptions to reflect events or circumstances that arise after the date made or to reflect the occurrence of unanticipated events. Sponsor's forward-looking statements and Assumptions are hypothetical, not based on actual investment achievements or events, and are presented solely for purposes of providing insight into the Sponsor's investment objectives, detailing Sponsor's anticipated risk and reward characteristics, and establishing a benchmark for future evaluation of actual results; therefore, they are not a predictor, projection, or guarantee of future results. You should not rely on Sponsor's forward-looking statements as a basis to invest.
Importantly, we do not adopt, endorse, or provide any assurance of returns or as to the accuracy or reasonableness of Sponsor's Assumptions or forward-looking statements.
Any reference to historical performance does not indicate future results and should not be considered the primary factor in investment decisions.
Sponsor's securities offering will not be registered under the Securities Act of 1933, as amended (the "Securities Act"), in reliance upon the exemptions from registration pursuant to Rule 506(c) of Regulation D as promulgated under the Securities Act ("Private Placement"). In addition, the offering will not be registered under any state securities laws in reliance on exemptions from state registration. Such securities (your ownership interests) are subject to restrictions on transferability and resale and may not be transferred or resold except as permitted under applicable state and federal securities laws pursuant to registration or an available exemption. All Private Placements on the Platform are intended solely for "Accredited Investors," as that term is defined in Rule 501(a) under the Securities Act.
Nothing presented on this page constitutes investment advice (whether regarding specific securities or overall investment strategies), recommendations, offers to sell, or solicitations to purchase any security. Professional securities advice is strongly recommended to comprehend and evaluate the risks inherent in real estate or private placement investments.
Internal Revenue Code Section 1031 ("Section 1031") involves intricate tax principles, and tax implications may differ based on individual investor circumstances. Anchor1031, LLC and Quincy Wells Capital, LLC provide no representations or warranties regarding the tax consequences of your investment or whether the IRS will accept such tax treatment. Consultation with and reliance upon your personal tax advisor regarding tax implications specific to your situation is essential.
CS1031 Texas Active Living New Braunfels, DST, a Delaware statutory trust, has been formed for the purpose of acquiring Emerald Cottages of New Braunfels, a recently constructed, boutique active adult community with 72 single-family-style cottage homes, located at 3025 Oak Run Parkway, New Braunfels, Texas 78132. The Property was completed in 2024 and is comprised of 17 single-story residential buildings and one standalone clubhouse with an outdoor pool, situated on approximately 11 acres of land. The Property consists of 12 one-bedroom, one-bathroom units and 60 two-bedroom, two-bathroom units, with an average unit size of 1,275 square feet.
The cottage homes at the Property were designed with the active adult demographic in mind. Open floor plans feature granite and stone countertops, wood and carpet flooring, a fully equipped kitchen with stainless steel appliances, dishwasher, disposal and microwave, an in-unit washer and dryer, central heating and cooling, and accessibility features throughout including zero-threshold showers. Each unit features a private entrance and an attached garage. Community amenities center on the clubhouse, which houses a fitness room, business center, and dining room, and extends to a swimming pool and a BBQ and picnic area. On-site management maintains a regular social calendar of exercise classes, community events, and entertainment for residents.
New Braunfels is located in Comal County, strategically positioned between San Antonio and Austin. The city has an estimated population of approximately 122,000, while Comal County totals roughly 209,000 residents. New Braunfels sits about 34 miles northeast of San Antonio and 48 miles south of Austin, providing convenient access to both major employment centers while maintaining a distinct local identity. The county’s median household income is approximately $101,889, reflecting an affluent and growing suburban market.
The Property is in the process of completing its initial lease-up. As of the date of this Memorandum, the Property was approximately 87.5% occupied and 91.7% leased.
All information is subject to the Sponsor's official Investment Documentation. For more information, including risk factors, view the .
Key benefits and features of this investment opportunity
All information is subject to the Sponsor's official Investment Documentation. For more information, including risk factors, view the .
The Property features 72 age-restricted (55+) cottage homes on an 11-acre site, completed in two phases between 2022 and 2024 as 17 single-story residential buildings plus a standalone clubhouse. The cottage homes feature a brick and stone façade and wood frame construction.
The Property is the largest community in the Emerald Cottages portfolio at 72 units, with high-quality design, large unit sizes, and quality finishes consistent with all Emerald Cottages communities.
Every home is single-story with a private entrance and an attached garage.
Interiors feature granite and stone countertops, wood and carpet flooring, a fully equipped kitchen with stainless steel appliances, in-unit washer and dryer, central HVAC, and accessibility features designed for the senior resident.
Community amenities include an approximately 4,400 square foot clubhouse, fitness room, business center, dining room, swimming pool, and BBQ and picnic area.
The Property is in the late stages of its initial lease-up and is currently 87.5% occupied and 91.7% leased as of the date of this Memorandum.
The Property features trailing 12-month resident retention of approximately 73% as of the date of this Memorandum.
The average in-place rent was $3,393, according to the September 2026 rent roll.
The Property was purchased on an all cash basis, with no mortgage debt.
The Property is located in Comal County, along the Interstate 35 corridor between San Antonio and Austin.
The City of New Braunfels has a population of 122,492, up 35.5% since the 2020 census and one of the faster growth rates of any city its size in the country.
The City is served by two full-service hospitals, CHRISTUS Santa Rosa at 590 employees and 132 beds and Resolute Baptist at 500 employees and 128 beds.
The offering documents below have been prepared and are being delivered by the Sponsor of this investment opportunity.
Get help from our team of investment specialists or use our portfolio builder tool to model this investment in your 1031 exchange strategy.
Property Type
Senior Living
Location
New Braunfels, TX
Year Built
2024
Occupancy Rate
87.5%
Please refer to the CS1031 Texas Active Living New Braunfels, DST - Private Placement Memorandum for more details regarding distributions and risk factors of the investment.
Capital Square Realty Advisors, LLC
Capital Square Realty Advisors, LLC is a national real estate firm headquartered in Richmond, Virginia. Capital Square specializes in sponsoring tax-advantaged real estate offerings, including Delaware statutory trusts (“DST”), qualified opportunity zone funds and a real estate investment trust, and development funds. The investor-centric firm has completed more than $8.99 billion in transaction volume and has overseen more than 170 real estate assets nationally. The firm is a leading sponsor of DST offerings for investors seeking replacement property as part of a Section 1031 exchange and other investors seeking cash flow and appreciation. The firm provides a range of services on a turn-key basis, including due diligence, acquisition, loan sourcing, property/asset management, and disposition, for over 6,500 high net worth investors, private equity firms, family offices and institutional investors nationwide. Capital Square strategically focuses on multifamily, healthcare, industrial and office properties for most of its DST offerings. Capital Square sponsors turn-key real estate investment offerings with low investment minimums to provide investors greater access to real estate investments. Since 2017, Capital Square has been recognized by Inc. 5000 as one of the fastest growing companies in the nation for nine consecutive years. In 2017, 2018 and 2020, the company was also ranked on Richmond BizSense’s list of fastest growing companies. Additionally, Capital Square was listed by Virginia Business on their “Best Places to Work in Virginia” report in 2019 and their “Fantastic 50” reports in 2019 and 2020. In 2023, Capital Square was recognized by the Richmond Times-Dispatch as one of the region’s “Top Workplaces.” In 2024, the firm was ranked #54 among the Top Inspiring Workplaces in North America.
Build-for-rent (“BFR”) homes, comprised of communities of single-family homes built for renting, have become an increasingly popular investment option among institutions and individual investors. Demand for this rental option continues to grow among residents who seek a single-family lifestyle, the financial and leasing flexibility of a rental with the amenities and convenience of a professionally managed property. As of September 2026, Capital Square is the sponsor of fifteen BFR communities, comprising over 1,000 units: Valley Ridge in Rossville, Georgia, a suburb of Chattanooga, Tennessee; Sidbury Station in Wilmington, North Carolina; Summit Townhomes in Knoxville, Tennessee; Brighton Townhomes in Atlanta, Georgia; Ashford Townes in Raleigh, North Carolina; Aspen Vista in Reno, Nevada; Creekside Terrace in San Antonio, Texas; Perch Denton in Dallas, Texas; Ironwood Homes at Rosefield in Phoenix, Arizona; Woodland Cottages Fredericksburg, located in Fredericksburg, Texas; Villages at Miami Gardens in Miami Gardens, Florida; Emerald Cottages of Stonebridge in McKinney Texas; Emerald Cottages of Waco in Waco, Texas; Emerald Cottages of Kerrville in Kerrville, Texas; and Emerald Cottages of Round Rock in Round Rock, Texas.
In addition, this Offering is the sixth offering sponsored by Capital Square involving active-adult communities, and the third offering involving the Emerald Cottages platform.
For more information, view the .
All details presented on this page are subordinate to and qualified entirely by the comprehensive information contained within the Sponsor's official Investment Documentation. The content displayed here remains incomplete and may be modified by the Sponsor without notice prior to closing. The Sponsor's Investment Documentation and related materials include critical details regarding investment goals, business strategies, potential risks, fees, costs, and additional material information that should be thoroughly evaluated before making any investment decision. The information presented on this page is insufficient for making informed investment choices.
This investment is speculative, highly illiquid, and involves substantial risk. There can be no assurances that all or any of Sponsor's assumptions, expectations, estimates, goals, hypothetical illustrations, or other aspects of Sponsor's business plans ("Assumptions") will be true or that actual performance will bear any relation to Sponsor's Assumptions, and no guarantee or representation is made that Sponsor's Assumptions will be achieved. If Sponsor does not achieve its Assumptions, your investment could be materially and adversely affected. A loss of part or all of the principal value of your investment may occur. You should not invest unless you can readily bear the consequences of such loss. Sponsor's Assumptions should not be relied upon as the primary basis for your decision to invest.
Sponsor is solely responsible for statements made concerning forward-looking statements and Assumptions, which apply only as of the date made, are preliminary and subject to change, and are expressly qualified in their entirety by the disclosures and cautionary statements included in Sponsor's Investment Documents, which you should carefully review. A Sponsor is obligated to update or revise such forward-looking statements or Assumptions to reflect events or circumstances that arise after the date made or to reflect the occurrence of unanticipated events. Sponsor's forward-looking statements and Assumptions are hypothetical, not based on actual investment achievements or events, and are presented solely for purposes of providing insight into the Sponsor's investment objectives, detailing Sponsor's anticipated risk and reward characteristics, and establishing a benchmark for future evaluation of actual results; therefore, they are not a predictor, projection, or guarantee of future results. You should not rely on Sponsor's forward-looking statements as a basis to invest.
Importantly, we do not adopt, endorse, or provide any assurance of returns or as to the accuracy or reasonableness of Sponsor's Assumptions or forward-looking statements.
Any reference to historical performance does not indicate future results and should not be considered the primary factor in investment decisions.
Sponsor's securities offering will not be registered under the Securities Act of 1933, as amended (the "Securities Act"), in reliance upon the exemptions from registration pursuant to Rule 506(c) of Regulation D as promulgated under the Securities Act ("Private Placement"). In addition, the offering will not be registered under any state securities laws in reliance on exemptions from state registration. Such securities (your ownership interests) are subject to restrictions on transferability and resale and may not be transferred or resold except as permitted under applicable state and federal securities laws pursuant to registration or an available exemption. All Private Placements on the Platform are intended solely for "Accredited Investors," as that term is defined in Rule 501(a) under the Securities Act.
Nothing presented on this page constitutes investment advice (whether regarding specific securities or overall investment strategies), recommendations, offers to sell, or solicitations to purchase any security. Professional securities advice is strongly recommended to comprehend and evaluate the risks inherent in real estate or private placement investments.
Internal Revenue Code Section 1031 ("Section 1031") involves intricate tax principles, and tax implications may differ based on individual investor circumstances. Anchor1031, LLC and Quincy Wells Capital, LLC provide no representations or warranties regarding the tax consequences of your investment or whether the IRS will accept such tax treatment. Consultation with and reliance upon your personal tax advisor regarding tax implications specific to your situation is essential.
